CCR News September 2019 | Page 8

Continued from page 1 and needs as well as those which will attract the next generation of members allows the Club to justify: 6. Superior Facilities. Keeping our facilities in first-class repair and always ready for member use and enjoyment is critical to maintaining current members and attracting new ones. Finally, 7. Continuous Research and Communication is an absolute requirement for staying “ahead of the curve” of member expectations and providing the intelligence for good decision-making. The research that went into this Strategic Plan built on prior planning efforts undertaken by past CCR members and Boards. Like these previous efforts, this Plan’s purpose is to ensure the long-term success and sustainability of the Ranch. to a little over $100,000. And by 2018, gas revenues shrunk to only $27,000. With dwindling production volumes, and natural gas prices falling to less than $2.25, our 2019 royalties will certainly be much less. But the actual closing and capping of almost 40% of our wells is a visual and dramatic reminder that we’ve effectively reached the end of this revenue stream. And losing our gas revenues is actually a pretty big deal. Over the years gas subsidies to the Operating and Capital funds have helped keep members’ dues burden very low while the Club continued to offer a wide range of high-quality amenities and member experiences, and our capital assets were kept in good repair. According to our Bylaws, 60% of each year ’s gas revenues are awarded to the Capital Fund, with another 20% going to Operations. That means in 2014, the Capital Fund received $60,000 from gas royalties. But in 2018, the Capital Fund received only $16,000. Unfortunately, this dramatic decline in gas revenues hasn’t been accompanied by a decline in necessary expenses from the Capital Fund. Each year we need to spend on average $340,000 from that Fund to repair or replace our existing capital assets. The Capital Assessment portion of our annual dues brings in $140,000 each year – leaving the Board to make up the $200,000 difference without the help of the gas royalties. And that is just the year-to- year challenge facing our Capital Fund. As we consider eventually replacing our largest and most expensive capital assets, the current structure of the Capital Fund simply won’t be able to supply the money. We also added lots of information and feedback from our current members in devising this Plan. Two day-long workshops were held in the Bickley Room last May and June. These workshops explored the Ranch’s internal Strengths and Weaknesses. They also identified Opportunities and Threats from outside the Association that the Board needed to consider in its Strategic Planning. The themes developed in those workshops became the basis for a comprehensive survey which was made available to all CCR members online. Over 540 members responded to this survey with both statistical feedback and specific written comments. This member-generated information formed the basis for the vision and specific Goals and Objectives contained in this Plan. It is available on our website under the Documents section of the Member page. The Capital Fund challenge was one important driver the Board considered as it defined a Strategic Plan. Over the past year or so the Plan took shape and is now approved and is being implemented. The Plan itself is only 14 pages long. It is designed to be an easy document to read and understand. It is the blueprint the Board will follow as it decides what to focus on. And, it provides a perpetual process for future Boards to use to keep the Plan fresh and relevant. You are encouraged to read it on our website, and ask questions about any parts of it that you’d like to know more about. The Plan is rooted in the aspirations expressed in our Mission Statement. But aspirations alone aren’t sufficient to actually produce a Club that is truly stronger and more sustainable into the future. The Plan had to be systematically designed to identify Key Areas of Focus that would assure every major element necessary to success was included. The design of this Plan describes Seven Key Areas of Focus that are critical to the success of any private club. These Areas of Focus are linked and dependent on one another. 1. 2. 3. 4. 5. Let’s conclude this message on an upbeat note of optimism and opportunity. You may be familiar with the old saying, “Nothing is good or bad, except by comparison.” When we compare Canada Creek Ranch to other private clubs on the question of value received for dollar spent, our members can boast one of the very best value propositions across the entire private club industry. The foundation of every successful Club is a Strong and Vibrant Membership, consisting of people who are active, involved, and interested in making the Club stronger. Such a membership is able to attract: An Effective and Skilled Governing Board. Individuals whose sense of duty to the Club calls them to serve in a fiduciary capacity on behalf of the membership. One of the most important duties of the Board is to select and train: Good Management. An individual who can manage the complexities of a Club like CCR, from member-relations to hotel management. From restauranteur to roads and equipment repair. And one of the Manager ’s most important duties is to insist upon: Excellent Financial Stewardship. Using scare money wisely and with a clear understanding of the right priorities enables the Club to provide: The Right Programs and Services. Providing programs and services aimed at satisfying current members’ wants Take, for example, our total dues burden. In 2018, a CCR member with a single membership certificate paid a total of $683.69. Comparing that number to the dues paid by members in other non-golf private clubs we found that over 99% of those other clubs charge more than Canada Creek Ranch. And the members of most of these clubs pay significantly more than us. We’re not talking about fancy “Country Clubs” or special “Hunt Clubs”, either. For example, Lost Lake Woods, our closest competitor just south of Alpena, often referred to as “our sister club” and founded in 1926 by the same developer who started CCR, requires their members to pay $1,500 each year, over twice the annual dues as a CCR member. In addition, their user fees are significantly higher than CCR. Here are some examples. Each year, Lost Lake Woods charges each member a $25 fee for a Sportsman’s Badge, another $25 for each vehicle they want to register, and $10 for a Blind Tag. CCR members pay nothing extra for these same benefits and conveniences. 8 Continued on page 9