CAPITAL DUES

99 - Wilmington Country Club

Combined Financial Statement

June, 2024

M-T-D

M-T-D

M-T-D

Y-T-D

Y-T-D

Y-T-D

This Year

Budget

Last Year

This Year

Budget

Last Year

943,220

947,036

908,077 Membership Dues

5,675,325

5,682,216

5,452,847

Departmental Revenue

-------------------

Golf Operations

466,561

359,725

352,179

1,118,872

1,070,553

1,031,284

45,128

50,400

50,891 Tennis and Squash Operations

123,067

140,175

139,923

18,479

25,570

24,423 Fitness

127,800

125,875

116,005

6,126

5,600

3,504 Swimming Pool

7,191

6,700

4,329

509,955

500,770

478,315 Food and Beverage

1,833,002

1,917,433

1,821,349

1,046,249

942,065

909,312 Total Departmental Revenue

3,209,932

3,260,736

3,112,891

Other Revenue

-------------------

Locker Rooms

21,627

22,887

22,238

126,844

135,517

131,677

16,409

11,650

13,285 Administration

66,742

71,900

78,167

12,340

12,340

9,225 White Village

73,580

73,695

62,530

50,377

46,877

44,748 Total Other Revenue

267,166

281,112

272,374

2,039,845

1,935,978

1,862,137 Total Revenue

9,152,423

9,224,064

8,838,112

Departmental Expenses

-------------------

Golf Course Maintenance

379,758

401,599

380,801

1,879,135

1,859,421

1,756,126

287,615

265,068

261,316 Golf Operations

997,874

974,285

882,493

141,463

148,472

131,438 Tennis and Squash Operations

599,465

625,097

614,793

21,916

23,274

21,401 Fitness

141,897

136,348

127,109

39,183

35,318

33,865 Swimming Pool

63,062

43,544

42,462

557,204

520,261

494,437 Food and Beverage

2,531,333

2,441,840

2,358,627

1,427,140

1,393,992

1,323,259 Total Departmental Expenses

6,212,765

6,080,536

5,781,610

Other Expenses

------------------

Administrative and General

193,633

178,871

191,774

1,136,227

1,095,048

1,102,770

214,331

181,712

177,183 Clubhouse Operations

1,198,472

1,084,663

1,050,047

1,167

894

2,747 White Village

5,742

5,364

14,674

35,958

61,027

58,553 Fixed Charges

218,099

354,662

339,461

445,089

422,504

430,258 Total Other Expenses

2,558,540

2,539,737

2,506,952

1,872,229

1,816,496

1,753,517 Total Expenses

8,771,305

8,620,272

8,288,562

167,616

119,483

108,620 Income before Depreciation

381,118

603,792

549,550

167,041

164,000

163,510 Depreciation

994,106

984,000

980,007

576

(44,517)

(54,890) Net Profit (Loss)

(612,988)

(380,208)

(430,457)

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