Linden Golf and Country Club Annual Dinner Update November 2016

Congratulations to our Champions! Senior Women’s Champion Debbie Seelye Super Senior Men’s Champion: Randy Dorn Senior Men’s Champion: Larry Redfield Women’s Champion: Teri Hislop Aaron Aiken Club Champion: Dana Christianson

Budget Report Highlights Total Revenue increased 9% in 2015 and should be up another 2% in 2016. Net income in 2015 was a record high of $75k, but will be closer to $20k in 2016. Increases in wages and benefits plus an increase lease expense more than offset the increase in income. Cash reserves still over $170k, but could be reduced by the irrigation project to around $100k. With the new debt service and dues increase, a breakeven cash flow is achieved at around 257 members.

Membership Update Current Membership Single 204 Family 80 Total 284 November ‘15 Total 274 Membership – 3 year rolling average 2013 Total Average 257 2014 Total Average 274 2015 Total Average 290 (Initiation at $1,000 through January 1 2016)

Highlights for 2016 Signed a new 30 year lease with the Nix Family Implemented salary increases to all full time, permanent employees Provided health care benefits for all full time, permanent employees Installed 1st course-owned Track Man 4 Performance Studio in the state Reached full membership of 300 members with a waiting list during the peak season Upgraded the sound system in the upper hall of the clubhouse Purchased a new ice machine and a beverage cart for tournaments Continued to expand the sanding program to improve winter play on fairways and approaches Installed new doors into the bag storage room and energy efficient lighting throughout Highlights for 2016

Welcome New Board Members Paul Appel Greg Jones Brian Pease Carla Pistilli

Irrigation Project Update Bank financing has been approved and is nearly ready for signature Vendor financing should be approved shortly Unexpected amounts of rain have delayed construction of the wet well and deepening of the pond Contract for the pump station and installation of piping and sprinklers has been negotiated

Thank You Linden Staff!! Will Styler Head PGA Professional Ben Nelson Assistant Professional Zeb Burki Pro Shop Assistant Garth Broadrick Pro Shop Assistant David Clark Course Superintendent Kyle Comen Assistant Superintendent Mike Frazier Grounds/Maintenance Katie Koch Course Beautifier

Thank You To Our Outstanding Volunteers!

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