What happens to club money

[two40]

Hi everyone. My name is George and I'm your Treasurer. This means that I look after the money you pay the club and am accountable for it to YOU the members. I've posted this so that you can all see where your money goes and to answer any questions you might have.

The money you pay to join the club will go towards the following things-

-Set up costs of club already spent

-Stickers

-Printing of forms and other administrative costs like postage

-CAMS affiliation and your license. We will be joining when we have a decent member base of around 30-40. Prior to that it is not worth wasting your money as we will not make use of the liability cover.

-Deposits for track days. This is a huge expense so we need to build up a healthy bank balance.

-SAU bbq's. snags for our big meets.

-SAU goods. eg, shirts, hats, coffee mugs, keychains, undies (well, maybe not) but you get the idea. You want it, we will sell it in due time. As you can imagine we have to pay for these before we can pass them on to you at discounted prices (for members)

-For your money you will also get discounts at shops. We might not have many now but it can only grow and say you get a 10% discount on a $500 item and you have already made up the member fee you paid us.

-Charity. I hope that one day we might be able to donate to less fortunate ppl. eg, we might have another charity cruise like the one Mysfit had not long ago and we could donate $1 for every $10 we get from everyone.

-Other things will pop up without a doubt in the course of our expansion

As you can see the expenses can get quiet high and things will only start happening when we can afford them. You might not see it now and think that the money you spend now will go to waste but that is not so.

At the annual general meeting I will make a presentation breaking down our income and expenses for the year. Also at any time and with some warning I can present you with a snapshot of our books.

If you do not have anything constructive to say or ask do not post here. Thanks for reading and I hope you will join the club.

George M

[Majanal]

Hey George M,

Thanks for the info... tis nice to know where our money goes.

I have one Question though.

When I joined SAU at the last eastern creek track day we selected a sticker and apparently we get a mambership card. I don't mind waiting but I was wondering how long till we might see these in the mail. Just a rough estimate is fine... so I know when to start getting excited.

Cheers,

Dan.

[two40]

Dan,

Shell is our sticka chick and she also does the membership cards. We're hoping that a few more members will join this weekend after which she will run off a batch of stickers and membership cards for you guys. We haven't done them yet as it was not feasable financially for a handfull of members. However, she should be running off a fair few stickers so that we are stocked up for future members. The membership cards are a different matter as they have to printed with your details so they will always be slightly delayed. Seeing as you have already joined though yours will be among the first ones to arrive.

Shell can probably give you a better timeframe than I can though.

[Duncan]

Thanks for the update George, on a forum like this it sometimes seems kinda informal - its good to hear things are getting organised.

One thing that seemed to be missing is cost of the forums, which I understand are getting quite expensive. Does the club support the forums or should we be making donations to those costs seperately.

Also, great to hear an AGM is coming, any idea when and where?

Keep up the great work, all the team!

[two40]

No problem guys, I should have posted something to this effect sooner but in my ignorance I assumed everyone knew it took alot 'a cash to keep something like this going.

I didn't include the cost of the forums as that side of things is kept seperate from the club. Reason being, Prank picks up the costs for now and hopefully donations from you guys will reimburse him. We haven't seen anywhere near the amount in donations but Prank has been generous enough to be out of pocket and not complain loud enough. I know not many of us would absorb the costs without complaining loudly so he deserves your thanks. Not in words though, money speaks louder. Donations can be made through here.

In the future the forums should be supported by the clubs of each state in equal part but for now with not much money in the account (or none at all for the other states) it's a bit hard. We are relying on everyones generosity for the time being.

The AGM will be held a month out from the financial year end on the first Sunday of June which makes it the 1st of June. So far we have been holding our exec meetings at The Oaks out North of the bridge. That venue doesn't seem like it could accomodate for a larger meeting so we will post a final date, time and place closer to the day.

[red900ss]

Just to reiterate Georges comments;

www.skylinesaustralia.com and Skylines Australia, NSW (the Club) are two separate entities. For the moment the forums are the information delivery system for the Club.

[two40]

I also forgot to mention that paying members have the right to vote at our AGM. If you are not happy with the current executive committee you can nominate and vote on other members for the particular role.

Voting isn't restricted to just choosing committee members too. Any and all major issues will be voted on.

This is where you can shape the future of your club so exercise your right to vote.

[Shell]

Majanal, the main delay has been that on the track day we received about 9 membership forms, but we knew there were a number of people who couldn't make it on the day who were sending their forms via mail....so I was waiting to recieve these.

I now have around 26 member forms and I will be making up stickers/cards this week...

And once again, if anyone is keen to join up...send me a qik email and I'll send you back a form in PDF format (email details are in my sig )

thanks for your patience guys!!

Miss Secretary,

Shell

[REDGTT]

George!

Where do I place this 65 bucks of donated money?

And I have one form to hand in to you!

[two40]

Minh, keep the money cause I owe you anyway and I'll give $65 to Chrisitan. I hate owing ppl. Makes me feel like you own my :shake:

Put the form in your car and I'll collect it when I see you next or you can mail it to our post office box. I'll post the address tonight cause I can't remember it.

[REDGTT]

NO George please no.

It was my shout. Please dont be like that.

When you come out with me it aint about the money.

friendship and having a good time. Money isnt an issue. You dont owe me shit.

Please tell me where to send this money.

[red900ss]

Minh, I'll be gong to Homebush on Sunday for a short while (details:http://www.skylinesaustralia.com/forums/sh...25&pagenumber=4)

Like I said on ICQ, if you see George or URMINE before then pass it on to them. We'll be seeing Prank at the Exec. Meeting on Sunday night, so we can pass it on to him then.

[wrxkilla]

So are you guys affiliated yet?

$400 a year isnt it

[two40]

We are not affiliated yet but it shouldn't be much longer. In NSW price depends on member numbers. First year it should be $400 for us.