Dues Letter 2025
This letter is to help explain the accompanying invoice for the 2025 annual dues at Mt. Pleasant Golf Club. The club had record rounds of golf played this past year and great weather, both lead to beating budget for greens fees and cart fees, and this was great. Despite this, revenue at the bar was flat compared with prior years, and that’s a significant source of income for the club. Expenses continue to rise in all areas, with salaries and course materials being major concerns. Further, for the first time since COVID, we didn’t receive any funds this past year from outside sources (PPP loans, National Grid, etc). We do expect to see ERTC funds received in FY 2025, but to date have only received two of six payments.
After meeting with the Finance Review Committee and the Board of Directors, a decision was made to increase the dues at most membership levels. The increase will be 7% depending, with the exception of social dues which will remain flat after a 12.5% increase last year. There will be no increase to the F&B cards this year. The 7% increase represents a $176 increase for a Regular A Member when comparing to the prior year. The club has outlined a number of capital improvement projects that this increase will help fund. Further, we’ve continue to invest in new equipment for course maintenance, which is more costly than ever.
With dues being invoiced in November of 2024, the Board will be following the payment schedule that is outlined in the by-laws with no amendments. Dues are payable in 1/3 installments, with the first payment due by January 15th, 2025, second payment due by March 1st, 2025 and final payment due by April 15th, 2025. A late fee of $100 will be assessed for any missed payment. Payments being collected in this fashion greatly help the club’s cash flow in the winter months. Payments being made by credit card are allowed at no additional cost.
If there are any specific questions or concerns, please contact me directly at skmoriarty@gmail.com or 978-758-2639.
I look forward to seeing many of you at the upcoming annual meeting where we will share the full results of the 2024 fiscal year and discuss goals for 2025.
Sincerely,
Sean Moriarty, Treasurer
Dues Matrix 2025
*It is critical that all members supply the Club Secretary with a valid Email Address as soon as possible. For those members that have already joined the Club’s email list, you do not have to provide us with a primary email address. However, the system can accept up to 4 Email addresses per member, so spouses or Florida email addresses can be entered into your member account as well. *The Club moved to Electronic Bills in 2014. By implementing this initiative, the Club will save around $2,500 a year in Printing and Postage costs. It is imperative that the Club have a valid Email on file or you will not get your bill in 2025. It is the member’s responsibility to provide the Club with an Email address to receive their bills.
Should you have any questions, please speak to a member of the Board. This will allow you to get accurate answers to your questions and allow you the opportunity to bring concerns you may have to the Board’s attention.
We hope all of our members have a Happy and Healthy 2025 as we look forward to a great golf season!
Sincerely,
The 2025 Mt Pleasant Golf Club Board of Directors
