March 2025 Beacon

NCYC Regular Meeting Minutes January 9, 2025 Page 3 of 12

Financial Report

Treasurer, Christa Betts

NORTH CHANNEL YACHT CLUB Profit & Loss by Class Dec-24

Dec-24

Jan - Nov 2024 Year to Date 2024

2024 Budget

Income Activities Clubhouse

$

-

$

53,910.67

$

53,910.67

$

35,000.00

$

-

$

-

$

-

$

-

H&G

$

-

$

14,525.00

$

14,525.00

$

9,350.00

Publications

$

-

$

1,501.00

$

1,501.00

$

5,000.00

Supplies

$

-

$

104,871.17

$

104,871.17

$

100,000.00

Membership

$

43,750.00

$

183,979.00

$

227,729.00

$

167,350.00

Treasurer

$

2,769.19

$

50,966.73

$

53,735.92

$

25,000.00

Transportation

$

-

$

-

$

-

$

-

Flag

$

-

$

10,925.00

$

10,925.00

$

15,000.00

Total Revenue

$

46,519.19

$

420,678.57

$

467,197.76

$

356,700.00

Dec-24

Jan - Nov 2024 Year to Date 2024

2024 Budget

Expenses Activities Clubhouse

$

-

$

41,646.33

$

41,646.33

$

17,000.00

$

2,164.79

$

56,926.45

$

59,091.24

$

45,000.00

H&G

$

1,464.00

$

43,285.12

$

44,749.12

$

45,000.00

Publications

$

171.29

$

8,918.34

$

9,089.63

$

6,600.00

Supplies

$

306.95

$

60,424.38

$

60,731.33

$

75,000.00

Membership

$

892.06

$

3,670.37

$

4,562.43

$

8,000.00

Treasurer

$

5,420.61

$

69,392.52

$

74,813.13

$

62,450.00

Transportation

$

7,717.90

$

2,925.47

$

10,643.37

$

12,000.00

Flag

$

2,703.12

$

27,651.90

$

30,355.02

$

30,000.00

Total Expenses

$

20,840.72

$

314,840.88

$

335,681.60

$

301,050.00

Dec-24

Jan - Nov 2024 Year to Date 2024

2024 Budget

Commodore Projects Pedastals

$

-

$

10,409.63

$

10,409.63

$

6,000.00

Ice Maker Repair

$

-

$

9,497.01

$

9,497.01

$

15,000.00

First Mates A Dock Lumber & Labor 2023 Garage/Walkin Cooler Gutters

$

-

$

15,302.57

$

15,302.57

$

15,000.00

$

-

$

1,910.00

$

1,910.00

$

-

Fin 4

$

7,000.00

$

-

$

7,000.00

$

-

Total Expenses

$

7,000.00

$

37,119.21

$

44,119.21

$

36,000.00