SGS Treasurer Summary Report – August 26, 2021

If You Haven’t Donated, Now Is The Time

Your committee believes that all members should help contribute to the upkeep of our center, even if they are able to only make a small contribution. Even though our Spring Street Center enterprise is able to provide some of our income needs. It is not able to cover all costs. Your donations, on average, cover only 51% of our costs.

Our goal for 2021 is to have everyone contribute something toward the upkeep of our center.  By giving a little each month, you become a part of  a membership dedicated to preserving our building for future Subud members. If you have not yet donated this year, please do so! If you need a reason to donate, please read the rest of this report. Thank you!

Future Expenses

We need to repairing the siding on the South side of our building within the next 18 months.

Through a combination of $2,628 received from members and $3000 of the income received from our iTrips rentals we now have $5628 saved for that project.  We now need to raise an additional $16,372 before the project can begin.

Building Repairs Fund

We are grateful for members who would have contributed –  over and above their regular contributions – to this fund. 

iTrip bookings for the remainder of the year will be able to cover some of our costs, but we anticipate that we will need additional contributions from the members. Earmark these donations for the building fund.

Building Rentals

We had 8 rentals in August bringing in rental income of approximately $4,722. This will be deposited in September after the income statement is finalized. From the income received, we will retire $4,000 of our debt to Subud PNW, leaving us with $1000 of that loan to repay.

We have not yet begun Hall Rentals.

Donations

Donations in August were lower than average monthly donations.  If you missed sending in your contribution in August, please consider increasing your donation in September. 

Your committee wishes to thank all members who contribute, no matter the size of your donation.

New to Subud? How to contribute

If you are new to our group and looking for a way to contribute, here’s how:

Monthly contribution from bank

  1. Setup a recurring payment to “Subud PNW – Seattle Center 
  2. Have the payment sent to:

Subud PNW – Seattle Center

1101 15th Ave

Seattle, WA 98122-4523

Single contribution either from bank, or by mail:

  1. Setup a payment to, or make your check out to “Subud PNW – Seattle Center 
  2. Send to:

Subud PNW – Seattle Center

1101 15th Ave

Seattle, WA 98122-4523