WWC COVID-19 BULLETIN #3
From your WWC Board of Directors
Fellow Winnipeg Winter Club Members:
Just a courtesy reminder of our previous communication regarding dues:
The Board of Governors met on March 16 and determined that the Club would close to Members on March 17, as it was urgent that we supported the recommendations of public health authorities to help slow the rate of infection due to COVID-19. Four days later, the Government of Manitoba legislated that all wellness facilities, including athletic clubs and gyms, must close under public health order.
The Board further determined at that meeting that membership fees, shareholder dues and sustainability fund would continue to be charged and payable, even though the Club would be closed for a period of time. We are a member-owned, private, not-for-profit organization – these fees are fundamental to paying the monthly mortgage, utility bills and salaries of our full time core staff.
Payments scheduled for April 20 will continue to be processed in the normal course; this is critical because commitments were made by the Club including necessary repairs, seasonal maintenance, etc. as well as the standard obligation of mortgage, utilities, and so on. Further, the only revenue source for the Club currently is membership dues – all other streams of revenue have ceased (F&B, lessons, programming, rentals, etc.).
Food assessment and locker fees have been suspended.
Our Finance Committee is preparing an analysis of cash flow as well as various financial models based on different scenarios or assumptions.
The Board will continue to evaluate the situation; the Club is reducing expenses wherever possible, and we are making every effort to mitigate the impact this has on members while trying to protect the future of the Club.
Canvassing similar Clubs across the country (including Calgary Winter Club, Royal Glenora Club, Hollyburn Club, et al) it is clear we are all in the same position with respect to closure and complete reliance on membership dues to cover annual operating expenses.
FINAL THOUGHT: We have heard numerous members lament how much they miss the Winter Club already! It would be hard to imagine life without the WWC, and hard to imagine Winnipeg as a major City without a Winnipeg Winter Club. Please hold strong with us, and take care of yourself and one another.
Your WWC Board of Directors and Management Team