It’s December and that means that it’s time again to pay the 2021 chapter dues, as we renew our chapter membership and insurance with the national organization.
Individual renewals are just $20 and family memberships (2 or more people) are $30.
We also have a Gold membership that supports our hangar expense at $300.
- The gold membership perk is that all meals in the hangar are no-cost (once we resume in person meetings) and the member gets a gold badge to signify their added support of our chapter.
Dues can be paid by cash, PayPal, or check . Our mailing address is:
Lincoln EAA 1541,
P.O. Box 1126,
Lincoln,
CA. 95648.
Our chapter Secretary/Treasurer reports info on our income vs expenses for 2020.
Our bank balance as of December is $27,681, however $3,540 is for Hannah’s Ray scholarship and $14,000 is in the Richard & Susan Bristow scholarship fund (these are all donations.)
Donations this year totaled $9,200, due to the efforts and time consuming work by Bruce Estes (thanks Bruce!)
We also did not have the $4,200 expense of sending 2 youth members to the Oshkosh Air Camp in 2020.
The summary below is of the major items and are not the totals of income or expenses.
We just about break even on our breakfast and lunch costs vs charges, once we resume in person meetings.
| Income | |
|---|---|
| 124 members | $2,900 (combo of individual and family) |
| 12 gold members | $3,600 |
| 1 hangar space | $3,000 (rental space for 1 aircraft) |
| Donations | $9,200 (Burkhead and Wright) |
| total income | $18,700 |
| Regular expenses | |
|---|---|
| Hangar rent | $7,500 |
| EAA national | $683 |
| Hangar insurance | $800 |
| Web site, P.O. Box | $315 |
| Young Eagles & Fun Days | $0 (COVID restrictions) |
| Sub-total | $9,298 |
| Other expenses | |
|---|---|
| Oshkosh Sponsorships | $0 (deferred to 2021) |
| Hangar improvements | $500 |
| Sub-total | $500 |
Our approximate total expenses are $9,798 (note that without the donations, our expenses exceed our income.)
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