October Treasurer’s Report

SGS Treasurer Summary Report: October

Income and expenses

Building Rentals

We had a no AirBnB or Hall Rentals in October. Income from our new relationship with iTrip is not expected until the beginning of 2021. 


Donations dipped in October. We have been able to average $1,816 a month in donations, due primarily to a couple of members providing large donations, and, due also to our regular contributing members. Thank you to those who contribute! Your steady level of support has helped us stay within our 2020 budget needs during this extraordinary time.

October Expenses

Our expenses have been kept to the minimum required to keep the building healthy and looking great for potential renters. We are able to continue to pay for cleaning, gas, electricity, water and garbage. 

Our main outflows in October were related to the September water damage. The cost for the cleanup was $5,485. Farmers Insurance reimbursed us for $4,485 of the costs. We paid the $1,000 deductible.

Future Expenses

Your committee continues to monitor and keep our costs as low as possible. There are some expenses needed to prepare the building for our new rental agency, iTrips. iTrips is also helping us keep costs low until we start to generate income. We will continue to manage our costs to drive them down in any way we can. 

Your Donations As Important As Ever

Your committee appreciates everyone’s financial support of our center during this time of great transition for all of us.  Your continued donations are vital if we are to cover our costs through the end of the year.  Thank you for your continued support.

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  Please be sure to change the “Pay To The Order Of” section of your handwritten or automatic withdrawn check from your account and use this name.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.

Pledges still being accepted

Please fill out a pledge form online if you haven’t already.

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, Oswald Norton.