2020 Financial Summary

SGS Treasurer Summary Report: December
Building Rentals
We had some AirBnB or Hall Rentals in December through our new partner iTrip. Income for December will be received this month. Once iTrip income becomes steady, we will then be able to project possible income for 2021.

Donations through the end of December were up slightly over November. The steady monthly support from 13 members throughout this time has helped us to remain financially healthy. At the end of the year, we will still have cash in the bank with which the group could potentially make an end of the year group donation. Please attend our January General meeting on Zoom for more details.

December Expenses
Our expenses were up in December due to preparation costs for the start of iTrip rentals and extra heating costs. iTrip is working with us to keep costs to the minimum required to keep the building healthy and looking great for potential renters.

Annual Roundup
Your support, particularly during the pandemic when use of our building has been limited, allowed us to keep the building in repair and protected as well as allowing us to continue our monthly contribution to the region and support the work of our regional helpers. We couldn’t have done it without you. We are in the process of creating our budget for 2021.

Future Expenses
Your committee continues to monitor and keep our costs as low as possible. Our winter heating bills will continue to be high, due to the cold temperatures and damp weather we’ve been having.

iTrip informed us that we have some water damage in bedrooms 2 & 3. There seems to be a leak in the window sills that need to be repaired and then the plaster in the rooms will need to be repaired and painted. iTrip management is working with contractors to come up with an estimate for the work which we hope to have in our next report.

If You Haven’t Donated, Now Is The Time
Your committee appreciates everyone’s financial support of our center. Our goal for 2021 is to get everyone to contribute something toward the upkeep of our center. When you give a little bit each month, you become a part of the membership dedicated to preserving our building for the future. If you have not yet donated this year, please do so! Thank you!

Important! New name for donation checks to Subud Greater Seattle
Use only “Subud PNW – Seattle Center” on any future donations to our center. Bank rules, recently changed, are delaying deposits. Please be sure to change the “Pay To The Order Of” section of your handwritten or automatic withdrawn check from your account and use this name.

If you intend to make your donation to the Region, please earmark your check Subud PNW.

Thanks for those who have setup monthly donations
Thanks to all our monthly donators who have a recurring donation sent from their bank. You save on envelopes and stamps. And, you don’t have to remind yourselves to write a check. These regular checks really help us meet our monthly commitments to the region and pay for our use of our facilities.

If you’d like to know how to setup a recurring donation to our group through your bank, please contact me.