Loading...
HomeMy WebLinkAboutNHCCC EXHIBIT C 1 QUARTER REPORT Due by April 30th to afmcknight(a co jefferson.wa.us Organization: Contact person: Mailing Address: Phone Number/Email: 1. LTAC Funds received from the County 1st QTR: ORGANIZATION Amount Received Overspent Refund TOTAL 1st Awarded From (+) Required QTR by JeffCo Underspent LTAC JeffCo (-)of FUNDS LTAC SPENT funds NHCCC $55,000 $27,500 TBD TBD $7,214.77 2. LTAC funds spent by your organization 1st QTR(include 200 word limit regarding activities and funds spent with an itemized statement and supporting documentation ie:invoices paid,receipts from payment,): 3. LTAC funds went primarily to payroll for staff of our two Visitors Centers. The remainder went to operating costs related to the Visitors Centers. 4. LTAC funds balance remaining 1st QTR:$47,785.39 5. Please attach your organizations report for all revenue, marketing,services,programs and activities for the prior October through December(4th)quarter. This report and any attachments may be subject to disclosure as a public record under the Public Records Act, RCW Chapter 42.56. A minimum of six years,you must maintain documented proof of payments made,contracts executed and other expenditures authorized under your Agreement with Jefferson County. Upon reasonable notice,you must be able to provide access to County or State representatives to audit those records. North Hood Canal Chamber of Commerce 1st Quarter Lodging Tax Itemized Statement Date Payment to: Description Amount 1/4/2024 IRS Payroll Tax Payment $16.46 1/4/2024 Intuit Payroll & Fees $781.91 1/4/2024 IRS Payroll Tax Payment $1,591.16 1/9/2024 WA ESD Unemployment Payment $756.33 1/12/2024 WA L&I L&I Payment $170.33 1/23/2024 CenturyLink Phone & Internet $128.91 1/23/2024 IRS Payroll Tax Payment $217.16 1/23/2024 Intuit Payroll& Fees $491.23 2/14/2024 US Bank Analysis Service Charge $0.50 2/14/2024 Intuit Payroll& Fees $185.05 2/22/2024 CenturyLink Phone & Internet $134.51 3/5/2024 US Bank Credit Card Payment for Licence Fee $50.32 3/5/2024 Intuit Payroll& Payroll Fees $1,323.56 3/6/2024 IRS Payroll Taxes $30.14 3/19/2024 Intuit Payroll & Fees $1,202.69 3/26/2024 CenturyLink Phone& Internet $134.51 Amount of LTAC Funds Spent: $7,214.77 Interest(from Checking Account) Paid $0.16 EXHIBIT C lst QUARTER REPORT Due by April 30thto afmcknight@co.jefferson.wa.us Organization: RECEIVED Contact person: MAY 0 6 2024 Mailing Address: JEFFERSON COUNTY COMMISSIONS Phone Number/Email: 1. LTAC Funds received from the County 1st QTR: ORGANIZATION Amount Received Overspent Refund TOTAL 1" Awarded From (+) Required QTR by JeffCo Underspent LTAC JeffCo (-)of FUNDS LTAC SPENT funds NHCCC $55,000 $27,500 TBD TBD $5,219.81 2. LTAC funds spent by your organization 1'QTR(include 200 word limit regarding activities and funds spent with an itemized statement and supporting documentation ie:invoices paid, receipts from payment,): LTAC funds went primarily to payroll for staff of our two Visitors Cpnterc_ The remainder went to operating costs related to the Visitors Centers. 5- 4, pp -e �j V- e --kr", C4-(id; lulug3. LTAC funds balance remaining 1st QTR:$49,; , .(1,1 4. Please attach your organization's report for all revenue, marketing,services,programs and activities for the prior October through December(4th)quarter. This report and any attachments may be subject to disclosure as a public record under the Public Records Act, RCW Chapter 42.56.A minimum of six years,you must maintain documented proof of payments made,contracts executed and other expenditures authorized under your Agreement with Jefferson County. Upon reasonable notice,you must be able to provide access to County or State representatives to audit those records. Page 1 of 7 7:14 PM North Hood Canal Chamber of Commerce 04/30/24 Balance Sheet Accrual Basis As of March 31,2024 100 Chamber Funds 200 Lodging Tax Funds TOTAL ASSETS Current Assets Checking/Savings 1010•Chamber Checking 3579 10,260.69 10,260.69 1020•LTAX Checking(Restr)4167 -5,067.16 35,926.53 30,859.37 1040•Petty cash 20.00 20.00 Total Checking/Savings 5,213.53 35,926.53 41,140.06 Accounts Receivable 1110•Accounts Receivable 1,125.00 1,125.00 Total Accounts Receivable 1,125.00 1,125.00 Other Current Assets 1410•Inventories for sale -2,934.50 -2,934.50 1499•Undeposited Funds -50.00 -50.00 Total Other Current Assets -2,934.50 -50.00 -2,984.50 Total Current Assets 3,404.03 35,876.53 39,280.56 Fixed Assets 1640•Furniture,fixtures&equip 1,494.54 1,494.54 1745•Accum depr-furniture&equip -1,494.54 -1,494.54 Total Fixed Assets TOTAL ASSETS 3,404.03 35,876.53 39,280.56 LIABILITIES&EQUITY Liabilities Current Liabilities Credit Cards 2015•US Bank Credit Card 9151 2016•Chamber Credit Card 9151 20.00 20.00 Total 2015•US Bank Credit Card 9151 20.00 20.00 Total Credit Cards 20.00 20.00 Other Current Liabilities 2059•Payroll Liabilities -217.16 1,191.64 974.48 Total Other Current Liabilities -217.16 1,191.64 974.48 Total Current Liabilities -197.16 1,191.64 994.48 Total Liabilities -197.16 1,191.64 994.48 Equity 3100•Capital Accounts 3110•Unrestricted Net Assets 3111•Unrestricted Assets 10,104.44 10,104.44 3119•Due to/(from)Restricted -32,500.00 10,000.00 -22,500.00 Total 3110•Unrestricted Net Assets -22,395.56 10,000.00 -12,395.56 3120•Temp Restricted Net Assets 3211 •Use-Restricted Assets 10,059.62 10,059.62 3219•Due to/(from)Unrestr -10,000.00 -10,000.00 Total 3120•Temp Restricted Net Assets 59.62 59.62 Total 3100•Capital Accounts -22,395.56 10,059.62 -12,335.94 3900•Retained Earnings 27,775.96 74,756.35 102,532.31 3910•Grant Funds Returned -72,411.43 -72,411.43 Net Income -1,779.21 22,280.35 20,501.14 Total Equity 3,601.19 34,684.89 38,286.08 TOTAL LIABILITIES&EQUITY 3,404.03 35,876.53 39,280.56 Page 1 Unaudited Management Report Page 2 of 7 7:13 PM North Hood Canal Chamber of Commerce 04/30/24 Income & Expense for Month and YTD Accrual Basis March 2024 100 Chamber Funds 200 Lodging Tax Funds TOTAL Mar 24 Jan-Mar 24 Mar 24 Jan-Mar 24 Mar 24 Jan-Mar 24 Ordinary Income/Expense Income 5•Earned Income(Revenue) 5040•Local government contracts 5042•LTAX Visitor Center Grant 27,500.00 27,500.00 Total 5040•Local government contracts 27,500.00 27,500.00 5210•Dues,Member 5211 •Dues,Membership 75.00 3,860.42 75.00 3,860.42 Total 5210•Dues,Member 75.00 3,860.42 75.00 3,860.42 5310•Interest on checking/savings 0.28 0.61 0.03 0.16 0.31 0.77 5440•Gross sales-inventory 5441•Sales Federal Govt Items 27.08 27.08 5448•Inventory Purchases -4,950.00 -5,661.00 -4,950.00 -5,661.00 Total 5440•Gross sales-inventory -4,950.00 -5,633.92 -4,950.00 -5,633.92 5450•Advertising revenue 30.00 30.00 Total 5•Earned Income(Revenue) -4,874.72 -1,742.89 0.03 27,500.16 -4,874.69 25,757.27 Total Income -4,874.72 -1,742.89 0.03 27,500.16 -4,874.69 25,757.27 Gross Profit -4,874.72 -1,742.89 0.03 27,500.16 -4,874.69 25,757.27 Expense 7•Program Services 7200•Salaries&related expenses 7220•Salaries&wages 7221 •Payroll 2,473.40 3,420.67 2,473.40 3,420.67 7226•Sick Pay 449.08 645.98 449.08 645.98 Total 7220•Salaries&wages 2,922.48 4,066.65 2,922.48 4,066.65 7250•Payroll taxes 404.38 620.13 404.38 620.13 Total 7200•Salaries&related expenses 3,326.86 4,686.78 3,326.86 4,686.78 7500•Outside services 7520•Accounting fees 61.10 84.28 61.10 84.28 Total 7500•Outside services 61.10 84.28 61.10 84.28 Total 7•Program Services 3,387.96 4,771.06 3,387.96 4,771.06 8•Adminstrative Expense 8100•Nonpersonnel expenses 8130•Telephone,Telecom&Internet 134.51 397.93 134.51 397.93 Total 8100•Nonpersonnel expenses 134.51 397.93 134.51 397.93 8200•Facility&equipment expenses 8210•Rent,parking,other occupancy 25.00 25.00 Total 8200•Facility&equipment expenses 25.00 25.00 8500.Other expenses 8591•Bank charges&credit card disc 0.50 0.50 Total 8500•Other expenses 0.50 0.50 8600•Business expenses 8650•Taxes&licenses-other 11.32 11.32 11.32 11.32 22.64 8660•Fines,penalties,judgments 39.00 39.00 39.00 39.00 Total 8600•Business expenses 11.32 50.32 50.32 50.32 61.64 Total 8•Adminstrative Expense 36.32 184.83 448.75 184.83 485.07 Total Expense 36.32 3,572.79 5,219.81 3,572.79 5,256.13 Net Ordinary Income -4,874.72 -1,779.21 -3,572.76 22,280.35 -8,447.48 20,501.14 Net Income -4,874.72 -1,779.21 -3,572.76 22,280.35 -8,447.48 20,501.14 Page 1 Unaudited Management Report Page 3 of 7 3:18 PM North Hood Canal Chamber of Commerce 03/27/24 Balance Sheet Accrual Basis As of December 31, 2023 100 Chamber Funds 200 Lodging Tax Funds TOTAL ASSETS Current Assets Checking/Savings 1010•Chamber Checking 3579 43,711.57 43,711.57 1020•LTAX Checking(Restr)4167 -5,000.00 21,115.73 16,115.73 1040•Petty cash 20.00 20.00 Total Checking/Savings 38,731.57 21,115.73 59,847.30 Accounts Receivable 1110•Accounts Receivable 1,508.33 1,508.33 Total Accounts Receivable 1,508.33 1,508.33 Other Current Assets 1410•Inventories for sale -2,934.50 -2,934.50 Total Other Current Assets -2,934.50 -2,934.50 Total Current Assets 37,305.40 21,115.73 58,421.13 Fixed Assets 1640•Furniture,fixtures&equip 1,494.54 1,494.54 1745•Accum depr-furniture&equip -1,494.54 -1,494.54 Total Fixed Assets TOTAL ASSETS 37,305.40 21,115.73 58,421.13 LIABILITIES&EQUITY Liabilities Current Liabilities Accounts Payable 2010•Accts Pay-Chamber 700.00 700.00 Total Accounts Payable 700.00 700.00 Credit Cards 2015•US Bank Credit Card 9151 2016•Chamber Credit Card 9151 20.00 20.00 Total 2015•US Bank Credit Card 9151 20.00 20.00 Total Credit Cards 20.00 20.00 Other Current Liabilities 2058•Direct Deposit Liabilities 432.86 432.86 2059•Payroll Liabilities 2,740.63 2,740.63 2350•Deferred Income 2351 •Future Dues Billings 3,675.00 3,675.00 2355•Future Advertising Billings 30.00 30.00 Total 2350•Deferred Income 3,705.00 3,705.00 Total Other Current Liabilities 3,705.00 3,173.49 6,878.49 Total Current Liabilities 4,425.00 3,173.49 7,598.49 Total Liabilities 4,425.00 3,173.49 7,598.49 Equity 3100•Capital Accounts 3110•Unrestricted Net Assets 3111•Unrestricted Assets 10,104.44 10,104.44 3119•Due to/(from)Restricted -5,000.00 10,000.00 5,000.00 Total 3110•Unrestricted Net Assets 5,104.44 10,000.00 15,104.44 3120•Temp Restricted Net Assets 3211•Use-Restricted Assets 10,059.62 10,059.62 3219•Due to/(from)Unrestr -10,000.00 -10,000.00 Total 3120•Temp Restricted Net Assets 59.62 59.62 Total 3100•Capital Accounts 5,104.44 10,059.62 15,164.06 Page 1 Unaudited Management Report Page 4 of 7 3:18PM North Hood Canal Chamber of Commerce 03/27/24 Balance Sheet Accrual Basis As of December 31, 2023 100 Chamber Funds 200 Lodging Tax Funds TOTAL 3900•Retained Earnings 25,781.05 69,382.52 95,163.57 3910•Grant Funds Returned -66,956.13 -66,956.13 Net Income 1,994.91 5,456.23 7,451.14 Total Equity 32,880.40 17,942.24 50,822.64 TOTAL LIABILITIES 8 EQUITY 37,305.40 21,115.73 58,421.13 Page 2 Unaudited Management Report Page 5 of 7 7:28 PM North Hood Canal Chamber of Commerce 04/30/24 Income & Expense for Month and YTD Accrual Basis October through December 2023 100 Chamber Funds 200 Lodging Tax Funds TOTAL Oct-Dec 23 Jan-Dec 23 Oct-Dec 23 Jan-Dec 23 Oct-Dec 23 Jan-Dec 23 Ordinary Income/Expense Income 5•Earned Income(Revenue) 5040•Local government contracts 5042•LTAX Visitor Center Grant 29,000.00 91,000.00 29,000.00 91,000.00 Total 5040•Local government contracts 29,000.00 91,000.00 29,000.00 91,000.00 5210•Dues,Member 5211•Dues,Membership 4,281.23 4,281.23 5222•Dues-Credit Unpaid Invoices -929.17 -929.17 Total 5210•Dues,Member 3,352.06 3,352.06 5310•Interest on checking/savings 0.47 1.95 0.11 0.93 0.58 2.88 5440•Gross sales-inventory 5441•Sales Federal Govt Items 6,816.24 36,848.69 6,816.24 36,848.69 5448•Inventory Purchases -14,434.50 -33,959.50 -14,434.50 -33,959.50 Total 5440•Gross sales-inventory -7,618.26 2,889.19 -7,618.26 2,889.19 5450•Advertising revenue 1,135.00 1,135.00 Total 5•Earned Income(Revenue) -7,617.79 7,378.20 29,000.11 91,000.93 21,382.32 98,379.13 Total Income -7,617.79 7,378.20 29,000.11 91,000.93 21,382.32 98,379.13 Gross Profit -7,617.79 7,378.20 29,000.11 91,000.93 21,382.32 98,379.13 Expense 7•Program Services 7000•Grant&program expense 7060•Meeting Expense 7061•Chamber Mixer 379.02 1,129.08 379.02 1,129.08 7062•Chamber Picnic 193.73 193.73 7064•Meeting Expense-Other 25.00 100.00 25.00 100.00 Total 7060•Meeting Expense 404.02 1,422.81 404.02 1,422.81 Total 7000•Grant&program expense 404.02 1,422.81 404.02 1,422.81 7200•Salaries&related expenses 7220•Salaries&wages 7221 •Payroll 14,640.96 68,390.44 14,640.96 68,390.44 7225•Holiday Bonuses 1,517.06 1,517.06 1,517.06 1,517.06 7226•Sick Pay 992.10 1,045.86 992.10 1,045.86 Total 7220•Salaries&wages 17,150.12 70,953.36 17,150.12 70,953.36 7250•Payroll taxes 2,300.98 9,746.20 2,300.98 9,746.20 Total 7200•Salaries&related expenses 19,451.10 80,699.56 19,451.10 80,699.56 7500•Outside services 7520•Accounting fees 59.21 905.88 59.21 905.88 Total 7500•Outside services 59.21 905.88 59.21 905.88 Total 7•Program Services 404.02 1,422.81 19,510.31 81,605.44 19,914.33 83,028.25 8•Adminstrative Expense 8100•Nonpersonnel expenses 8104•Office expenses 258.75 504.93 258.75 504.93 8110•Supplies 233.27 78.25 311.52 8130•Telephone,Telecom&Internet 386.67 1,848.52 386.67 1,848.52 8140•Postage,shipping,delivery 389.38 34.38 423.76 8170•Printing&copying 2,714.50 2,714.50 Total 8100•Nonpersonnel expenses 258.75 3,842.08 386.67 1,961.15 645.42 5,803.23 8200•Facility&equipment expenses 8210•Rent,parking,other occupancy 25.00 25.00 25.00 25.00 Total 8200•Facility&equipment expenses 25.00 25.00 25.00 25.00 8300•Travel&meetings expenses 8310•Travel 275.11 275.11 Total 8300•Travel&meetings expenses 275.11 275.11 8500•Other expenses 8520•Insurance 44.62 1,691.38 1,736.00 Page 1 Unaudited Management Report Page 6 of 7 7:28 PM North Hood Canal Chamber of Commerce 04/30/24 Income & Expense for Month and YTD Accrual Basis October through December 2023 100 Chamber Funds 200 Lodging Tax Funds TOTAL Oct-Dec 23 Jan-Dec 23 Oct-Dec 23 Jan-Dec 23 Oct-Dec 23 Jan-Dec 23 8570•Advertising and promotion 8579•Advertising,Other 200.00 200.00 Total 8570•Advertising and promotion 200.00 200.00 Total 8500•Other expenses 44.62 1,891.38 1,936.00 8600•Business expenses 8650•Taxes&licenses-other 5.00 5.00 5.00 5.00 8660•Fines,penalties,judgments 43.78 43.78 -188.38 43.78 -144.60 Total 8600•Business expenses 48.78 48.78 -188.38 48.78 -139.60 Total 8•Adminstrative Expense 332.53 3,960.48 386.67 3,939.26 719.20 7,899.74 Total Expense 736.55 5,383.29 19,896.98 85,544.70 20,633.53 90,927.99 Net Ordinary Income -8,354.34 1,994.91 9,103.13 5,456.23 748.79 7,451.14 Net Income -8,354.34 1,994.91 9,103.13 6,456.23 748.79 7,451.14 Page 2 Unaudited Management Report Page 7 of 7