July 2025 Beacon

NCYC Regular Meeting Minutes May 8, 2025 Page 5 of 13

North Channel Yacht Club Cash Summary April 2025

December

December

December

April 2025

2022

2023

2024

Fifth Third Bank

$277,378.83

$126,194.80

$179,089.80

$250,699.16

Cash Reserve Fund

$126,781.60 $404,160.43

$180,577.67 $306,772.47

$216,993.30 $396,083.10

$143,682.79 $394,381.95

Total Cash

NOTE: Apr-25 Cash Reserve Fin Project $74,595.57 YTD Commodore Projects $31,523.90 Expenses in the amount of $8,334.05 Income in the amount of $9,980.31 Net income in the amount of $1,646.26 April Interest Earned $1,140.31 Cash on Hand $394,381.95

Motion: V/C Terry Steinmacher made the motion to approve the financial report. Second: P/C Rick Romatz. Motion Carried

A.B.Y.A. Report P/C Rick Romatz A.B.Y.A. meeting is next Monday. I have spoken to A.B.Y.A.’s Commodore and the Spring Dinner Dance is moving forward and the numbers are looking good. I’ll email the numbers to the board members next week.

End of Report

Correspondence

All

- John Hickey received correspondence from Gregg Brigman and Michelle Haarer requesting to be married on Friday, August 15 th @ 1pm. on the Island. (John read their Letter.) Motion: Shelley Sweier made the motion to approve the request to be married at the club on Friday, Aug. 15th. Second: Bill Frederiksen. Motion Carried