Subud Greater Seattle Treasurer Summary Report for October


Thanks again to all who have set up a recurring donation through their banks.  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 check to our group through your bank, please contact me.

Donations to the General Fund during this two-month period were $1,065. Donations in the same period for the building fund totaled $830. We are behind in the 2019 budget for donations by $4,473. We are ahead in the 2019 budget for building repairs by $2,326.

We appreciate all members who donate to the needs of our group.

Update on Building Repair Fund

With October’s donations of $830 toward repairs we only have $2,379 left to raise. That means we only have 22% left in order to complete the member portion of these costs.  Please earmark any checks or portions of your current donation that you wish to go toward this expense.

Building Rentals

We had one hall rental in October from a client who has now booked monthly hall rentals into the new year.  AirBnB rentals for October were up $835 over September.

October Expenses

October expenses were up over September due to onetime tax and insurance costs.

Future Expenses

November expenses will be higher due to heating costs, but should be in line with average winter costs.

Results of outstanding costs:

  • Real Estate Taxes: We expect that any additional real estate taxes will come through King County at the beginning of 2020.  We do not currently anticipate addition costs for 2019.
  • Spring Street Center Business Taxes: Sherwin completed the filing for Spring Street Center.  There was no income tax due for 2018.

 Proposed 2020 Budget

Your committee is in the process of putting together a proposed budget. We will present that budget at our next General Meeting for your review.  As a part of that budget, we are going to ask members to make a pledge of how much they think that they can donate to supporting our center in 2020. We will total your pledges and use that figure to determine how much we could potentially count on from members for 2020.

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  Please be sure to change the “Pay To The Order Of” section of your handwritten or automatic withdrawn check from your account and use this name.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