ANNUAL HOLIDAY END OF YEAR REPORT

December 31, 2020
This Annual Report is a requirement of our Club by-laws. This report is usually read in conjunction with our Holiday Luncheon/Annual Meeting. Because of the extraordinary
circumstances of COVID 19, this event was cancelled. The following is a report for filing only:

Membership:
In 2019, we had an increase of 143 members for a total of 562 members by the end of the year. Our present membership in 2020 has decreased to 424, primarily due to
COVID 19.

Financials:

  • General checking account balance is: $9,837.31
  • Bingo checking account balance is: $7,234.57
  • Savings account balance is: $9,754.52

The majority of the money in the savings account is slated for new bingo equipment. Our club funds are used for social events, charity donations, newsletter mailings and
other club needs. Our books are open to all members for review. This season we have donated $300.00 to Satellite Cares through the Satellite Beach Fire Department which provides meals for local shut-ins, families and seniors in need. We thank all of our sponsors for their continued support during this diffi cult year. All of our trips were cancelled, and most activities have been cancelled because of COVID 19. We hope in 2021 things will change and we will be able to resume some normalcy.

Joyce Scafidi, President

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