Royal Newfoundland Yacht Club. Semi-Annual General Meeting November 2012

Transcription

1 Royal Newfoundland Yacht Club Semi-Annual General Meeting November 2012 Wednesday November 21, 2012

2 It s Been A Good Year! I was honored to serve as Commodore in 2012 Weather was exceptional; big PLUS Busy but productive year all fronts I ll focus primarily on wharf reconstruction 2

3 Financial Stability Fee increase was first & most important step forward $500 in 2012 $250 in 2013 $250 in 2014 Stability until 2015 or beyond Leveraged funds to complete wharf work and improve our financial picture 3

4 Necessary Step Forward Result: $80K new money in 2012 $120K in 2013 $160K in 2014 We continued our restraint program Little or no capital this year We are in reasonably good shape financially Even better future years 4

5 WHARF WORK BEGUN I appreciated membership support..and I WANT TO REWARD YOUR CONFIDENCE! As you can see, we re delivering on the wharf work Work has begun Demolition first 5

6 Repayment Plan We are allocating approximately $100K each year to debt repayment Use additional funding for operating expenses and general facilities maintenance and repairs There are other needs 6

7 South Wharf Fixed structure Raised height Considerably stronger and more durable materials Solid DPW design New electrical upgrades 5 wide T at end Potential for expansion New lighting pedestals Remove overhead wiring Pile caps North Wharf 7

8 Other Areas Success on so many other fronts Easter Seals success Clean Up Day Social events well attended Sail racing program Junior sailing Grand Bank Cup Power Boating events 8

9 ALL ABOUT TEAM WORK!!! Had a great team in place Couple of unexpected VOIDS Want to thank members of the Executive most returning for 2013 Just 3 not returning: Ken Corbett Dennis Hanlon Justin Ladha Staff are tremendous & incredibly dedicated 9

10 Membership have been incredible! Thank you, the membership, for your understanding and support! Not your typical year Peter Lawrie has been 100% supportive Peter has a great team for 2013 new faces THANK YOU ALL!!!! *** 10

11 Treasurer s Report Donna Marie Humphries Year in Review at October 31, 2012 (continued): Existing long-term debt $245k Outstanding Line of Credit $60k New long-term debt anticipated by end of wharf work of $1.2 million 11

12 Treasurer s Report Donna Marie Humphries Updated RNYC property appraisal anticipated to be completed by December 15, 2012 based on best use valuation Long term debt arrangement to follow based on new appraised value 12

13 Treasurer s Report Donna Marie Humphries We are going to continue our fiscal restraint where possible to ensure vital areas of need are addressed including: Kitchen fire suppression and propane systems upgrade Boat-launch ramp repairs 13

14 Treasurer s Report Donna Marie Humphries Looking Forward: The increase approved in the spring of 2012 for fiscal years 2013 and 2014 are projected to return an additional $40K in revenue each year ($80K additional new money) Easily service the new debt for the foreseeable future when combined with the existing 2012 increase of $80K *** 14

15 Social activities Peter Lawrie The Club continues to host a number of annual social events. Christmas Party, Kids Christmas Party, Commodores Cocktail Party, Flag Officer-New Members Night, Past Commodores Night, Sail Past As well as a number of Racing and Power Boat Events All social activities generally well attended. Always looking for ideas from members on how to improve social activities In 2013 make a commitment to attend more RNYC functions. IT IS YOUR CLUB. Some clothing still available for sale in time for Christmas. A huge THANK YOU to Sid and Bernice Hynes for hosting the Commodores Cocktail Party

16 Facilities & Grounds PETER LAWRIE and ALASDAIR BLACK The 2012 Clean-up Day was a resounding success and gave us a great start to the boating season, intend to repeat in 2013 watch for the date on the calendar Endeavored to limit expenditures this year and repair or replace only critical items Replaced several electrical boxes on wharves Completed some major repairs and replacement of critical parts on the boat travel lift Bought a number of spares for boat travel lift at very reasonable cost. Most of work done by in house staff Yard Staff will not be employed by RNYC this winter. ***

17 Sail Racing Dave Humphries Great weather conditions for most of the summer. Moved a Wednesday Night Race to St John s Harbour, in Conjunction with Port Authority Race. On the international scene, Two boats from the RNYC successfully completed the Route Halifax Saint Pierre Ocean Race. Bella J,and Nomad. Both finished the race in respectable time because of good following winds. Congratulations to all. The First Ocean One International Yacht Race was also run this year from Saint Pierre to St John s. Four boats from the RNYC competed for the trophies with Double Cross winning overall. Nomad War Eagle and Bella J also finished the race but it was a pretty long race due to very light wind.

18 Race Week 2012 Iceberg Rum Race Week saw some very close racing and a whole lot of wind seeing a few races cancelled but a Great Time was had by all at the Dinner & Dance. Thanks to Iceberg Rum for their sponsorship and support again this year and also to Tom Hickey and his band mates from Turbulence for an awesome show. ***

19 Sail School Dennis Hanlon Offerings included: 8 one-week camps race week Grand Bank Cup Adult Learn to Sail program completes 3 rd successful year A year of rebuilding: lost 5 of 13 coaches from prior year; all senior new director Simon Rees; new head coach Justin Bean registration levels comparable to last year profit up slightly due to lower costs

20 Sail School Dennis Hanlon Highlights: sail school coaches certified for new CYA program standards RNYC Race Team competed at Sail East (PEI) with positive results Several RNYC jr members trying out for 2013 Canada Games Grand Bank Cup a Grand success! visits by: Olympian Danielle Dube Jon Ladha & Dan Inkpen CYA Executive Director Paddy Boyd management initiatives: staff mid-summer performance evaluations customer & registration tracking customer feedback school Facebook pages

21 Sail School Dennis Hanlon Fun Quality of Overall Factor Learning Safety Instruction Value Satisfaction Jr Sailors Parents Adults Sailing to Kelly s Island was best kind, me ducky! Huge thanks to staff!!! Simon, Justin, Kate, Leah, Daniel, Eoin, Kenny, Nicholas, Kyle

22 Sail School Dennis Hanlon Rebranding: Old: Junior Sailing New: Sail school (Jr & Adult) Permit Social members to serve on executive committee Challenges going forward: replace dinghy fleet, especially advanced boats replace safety boats strengthen coaching expertise

23 Sail School Dennis Hanlon Moving towards sustainability: Qty Dinghies students/day 10 opti 20 $35, $40,000 6 laser 6 $30, $105,000 safety boats 2 small zodiac $25,000 2 small boston w haler $25,000 1 large zodiac $40,000 $90,000 TOTAL $195,000 / 10 yrs Annual cost $19,500

24 Sail School Dennis Hanlon Required: Annual surplus $20k increased marketing effort & effectiveness innovation & diversification school profit target $10-15k sponsorship & fundraising $5-10k other revenue $3-5k photos clothing special adult course offerings (dinghy, spinnaker, etc.) synergies with NLSA ***

25 Powerboat Events Leo Quigley SAGM: a look back.

26 Powerboat Events Leo Quigley Early start to the season: May: Launch!!!

27 Powerboat Events Leo Quigley June Food Fishery & A Day On the Bay

28 Powerboat Events Leo Quigley July 16 th Power Boat POKER RUN!!!

29 Powerboat Events Leo Quigley July Cruise to Trinity Bay

30 Powerboat Events Leo Quigley July Cruise to Trinity Bay

31 Powerboat Events Leo Quigley November: Back on the hard!!!

32 Powerboat Events Leo Quigley Powerboating events are A great opportunity to get acquainted with other boaters and have a lot of fun in the process. A great way to support the club by buying and burning up lots of fuel! Comments, suggestions or to volunteer!!!..call ***

33 Easter Seals Regatta ANOTHER GREAT DAY! Heavy winds but it didn t dampen the enthusiasm of the group or the fun we had. Full contingent of Easter Seal Kids and families. Over $16,000 raised, RNYC member contributions up 20%! Big Thank You to our Sponsors, Century 21 Sellers Choice, Terra Nova Foods. Special Thank You to Eg Walters and Woodrow French for their time and support as CHAIR and Patron respectively. Last but not least a BIG THANK YOU to you the members that made this all possible! ***

34 Safety Ted Laurentius Routine wharf maintenance ongoing, especially south wharf No seminars this year but look for them next season Travel Lift received new winch cables and slings this year Enforcement of protective gear and clothing for operators Upgrade first aid supplies and training ongoing Safety at Sea course held at RNYC this spring Posting on RNYC web site information on Cold Water Survival ***

35 Communications Ken Corbett Have attempted to improve communications with members through s, web site, mailings and meetings. Let me know if you feel you are still not getting sufficient information. Enhance the website by adding a members only section which will see the addition of more information in the coming year Spindrift format and content improved Web site was modified to attempt to improve ease of use and add new areas of interest to members Achieved goal of improving media involvement with assistance of club members. ***

36 Past Commodore s Nomination Meeting October 27, RNYC Past Commodore s in attendance: Albert Burgess (1987) John Small (1990) Ted Laurentius (1991) Carl Robbins (1994) Tom Hickey (2003) Gary Hillyard (2006) Ken Ryan (2010) Barry McCallum (2011) Commodore John Walsh year in review. Vice Commodore Peter Lawrie plans for 2013, Executive for Proposed Executive for 2013 approved unanimously. 36

37 Questions or Comments

38 Moving Forward Peter Lawrie RNYC 2013

39 2013 Executive Slate of Officers Flag Officers NAME Commodore Peter Lawrie Vice Commodore (Finance) Donna Marie Humphries Rear Commodore (Wharf Allocations) Alasdair Black Rear Commodore (Facilities) Leo Quigley Rear Commodore Vacant Immediate Past Commodore John Walsh Executive Communications & Secretary Tess Burke Easter Seals Eg Walters Junior Sailing Doreen Neville Launch & Haulout Rodney Miller Membership Services Derek Stapleton Power Boat Events Wayne Morgan Race Committee Chair Kim Crosbie Safety Officer Ted Laurentius Social Events Dave Humphries Special Projects Dwanda Newman Ex Officio: Spindrift & Website Ken Corbett

40 MOVING FORWARD PETER LAWRIE Honoured and proud to serve as the fiftieth Commodore of Royal Newfoundland Yacht Club My Commitment: Work hard on your behalf, listen to the members Support and work with the executive team to make 2013 the best year ever. Continue prudent fiscal approach Follow the path set out by the strategic plan and member survey results Enjoy the experience - have fun. 40

41 Moving Forward: Peter Lawrie CONTINUATION OF WHARF RECONSTRUCTION PROJECT TO COMPLETION INCLUDING NORTH WHARF FIX UP AND ELECTRICAL AND WATER SUPPLY COMPLETION OF KITCHEN SYSTEMS PROJECT REPLACE TOP 22 FT.OF LAUNCH RAMP ANALYSE JUNIOR SAILING/ADULT LEARN TO SAIL PROGRAMMES TO ENSURE VALUE ADDED FOR THE CLUB. CONTINUE TO PROMOTE COOPERATION WITH THE TOWN OF CONCEPTION BAY SOUTH INCLUDING LIASON RELATING TO INNER POND DIVESTITURE. PROMOTE EASTER SEALS,CLEAN UP DAY AND SOCIAL EVENTS AT THE CLUB CONTINUE WITH AUSTERITY PROGRAM MONITORING COSTS, REVENUES AND ACCOUNTS RECEIVABLE. PROMOTE ADDITIONAL PARTICIPATION IN SAIL RACING. 41

42 MOTION FOR ADJOURNEMENT Royal Newfoundland Yacht Club Semi-Annual General Meeting November 2012 Wednesday November 23, 2011