CAPITAL DUES

WILMINGTON COUNTRY CLUB OPERATING DUES / CAPITAL DUES PROJECT

Scenario - New Capital Due Monthly

Scenario - Increase Sr. Memb/Assoc/2kids

OPERATING DUES DECREASE (MAINTAIN $300M EBITDA)

PROJECTED AVERAGE CAPITAL FUNDING NEED

Sr. Memb/Assoc/2kids

$

285.21

$ $

156.33

-3.40%

$

2,000,000.00

(plug figure)

$ 3,422.54

1,875.95

EXISTING FUNDING MODEL

REVISED FUNDING MODEL

BUDGETED ANNUAL OPER.

ANNUAL OPER.

TOTAL ANNUAL

MEMBERSHIP CLASSES

COUNT

DUES PER CLASS DUES PER CLASS OPER. DUES TOTAL DUES

REV. OPER. DUES PER REV. ANNUAL OPER CLASS 2024/BUDGET DUES 2024/BUDGET

NEW CAPITAL DUES CAPITAL DUES

CAPITAL DUES

COMBINED % INCREASE DUES 2024 OVER BUDGET

INCREASE VS INC VS BUDGET

2024

2023

2024/BUDGET 2024/BUDGET % BY CLASS

2024/BUDGET

PER CLASS

PER MONTH

BUDGET 2024

MONTHLY

SENIOR

725

8,898.00 4,494.00 3,720.00 1,464.00 4,494.00 2,271.00 1,887.00

9,336.00 4,716.00 3,903.00 1,536.00 4,716.00 2,382.00 1,980.00

6,768,600

59.43% 0.95% 2.16% 7.01% 1.53% 0.15% 0.42% 0.14% 0.00% 1.23% 0.04% 2.95% 0.16% 0.14% 0.14% 0.00% 20.45% 0.23% 0.03% 0.25% 0.00% 0.00% 0.63% 0.04% 1.24% 0.67% 0.02% 100.00%

8,595.47 4,341.20 3,593.52 1,414.22 4,341.20 2,193.79 1,822.84

6,231,714.30 99,847.69 226,391.76 735,396.48 160,624.55 15,356.50 43,748.21

1,188,537.27 19,046.52 43,177.06 140,251.82 30,640.05

1,639.36

136.61

10,234.83 5,169.31 4,278.87 1,683.94 5,169.31 2,612.06 2,170.52

10%

898.83 453.31 375.87 147.94 453.31 230.06 190.52

74.90 37.78 31.32 12.33 37.78 19.17 15.88

30 THROUGH 34 25 THROUGH 29 10 THROUGH 24

23 63

108,468 245,889 798,720 174,492 16,674 47,520 15,720

828.11 685.35 269.72 828.11 418.27 347.68 138.02

69.01 57.11 22.48 69.01 34.86 28.97 11.50

520

NON-RESIDENT SENIOR

37

NON-RESIDENT 30 THROUGH 34 NON-RESIDENT 25 THROUGH 29 NON-RESIDENT 10 THROUGH 24 NON-RESIDENT SENIOR TRANSFER

7

2,927.88 8,344.31 2,760.36

24 20

747.00

786.00

721.60

14,432.04

859.62

73.62

6.14

-

8,898.00 8,898.00 4,494.00 3,720.00 1,887.00 3,720.00 3,720.00 4,494.00 4,494.00 2,283.00 1,884.00 2,283.00 1,158.00

9,336.00 9,336.00 4,716.00 3,903.00 1,980.00 3,903.00 3,903.00 4,716.00 4,716.00 2,394.00 1,977.00 2,394.00 1,215.00 1,002.00 1,809.00

-

8,595.47 8,595.47 4,341.20 3,593.52 1,822.84 3,593.52 3,593.52 4,341.20 4,341.20 2,205.38 1,819.94 2,205.38 1,118.63

-

-

-

-

-

-

-

SENIOR SPECIAL

15

140,040

128,932.02

24,590.43

1,639.36

136.61

10,234.83 5,169.31 4,278.87 2,170.52 4,278.87 4,278.87

898.83 453.31 375.87 190.52 375.87 375.87

74.90 37.78 31.32 15.88 31.32 31.32

NON-RESIDENT SENIOR SPECIAL

1

4,716

4,341.20

828.11

828.11 685.35 347.68 685.35 685.35

69.01 57.11 28.97 57.11 57.11

SENIOR SOCIAL

86

335,658 17,820 15,612 15,612

309,042.72 16,405.58 14,374.08 14,374.08

58,940.11 3,129.12 2,741.40 2,741.40

NON-RESIDENT SENIOR SOCIAL

9 4 4

SENIOR SOCIAL SPECIAL

RETURNING DINING

CLERICAL ASSOCIATE

-

-

-

-

-

-

-

-

-

494

2,329,704

2,144,554.78

409,086.08

828.11 420.38 347.15 420.38

69.01 35.03 28.93 35.03

5,169.31 2,625.75 2,167.10 2,625.75

453.31 231.75 190.10 231.75

37.78 19.31 15.84 19.31

ASSOCIATE 30 THROUGH 34 ASSOCIATE 25 THROUGH 29 NON-RESIDENT ASSOCIATE

11

26,334

24,259.16 3,639.89 26,464.54

4,624.14

2

3,954

694.31

12

28,728

5,044.51

NON-RESIDENT ASSOCIATE 30 THROUGH 34 NON-RESIDENT ASSOCIATE 25 THROUGH 29

- -

- -

- -

- -

- -

- -

- -

- -

- -

954.00

921.56

ASSOCIATE SENIOR SOCIAL

40

1,725.00

71,456

1,666.35

65,820.83 4,433.94 130,236.12 69,986.70

12,547.28

317.65 169.10 828.11 317.65 317.65

26.47 14.09 69.01 26.47 26.47

1,984.00 1,055.89 5,169.31 1,984.00 1,984.00 87,354.86

175.00

14.58

NON-RESIDENT SENIOR SOCIAL ASSOCIATE

5

918.00

963.00

4,815

886.79

845.49

92.89

7.74

ASSOCIATE WIDOW

30 42

4,494.00 1,725.00 1,725.00 91,449.00

4,716.00 1,809.00 1,809.00 95,952.00

141,480 75,978

4,341.20 1,666.35 1,666.35 88,339.73

24,843.28 13,341.41

453.31 175.00 175.00

37.78 14.58 14.58

ASSOCIATE SENIOR SOCIAL WIDOW RETURNING DINING ASSOCIATE

1

1,809

1,666.35

317.65

2,175

11,389,798.50

10,486,043.51

2,000,000.00

13,991.99

1,166.00

7,671.86

639.32

-

FORECASTED OBLIGATORY FUNDING:

2024 2025 2026 2027 2028 2029

2,010,117 1,929,385 8,819,952 9,114,271 1,457,434 1,070,189 24,401,348

TOTAL NEED:

AVG ANNUAL NEED: Less Projected Stock:

4,066,891 $1,340,000

Proj. Annual Stock

$1,340,000

ANNUAL DUES SUPPORT

2,726,891

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