1. Board of Directors Meeting
February 2017
Wi-fi Password
M3mb3rsh1p

2. The mission of St. Tammany West Chamber of Commerce is to strengthen the business climate of west
St. Tammany by promoting the community’s continued
development and enhancing the economic vitality of the region.
OUR MISSION

3. Balance Sheet: Jan ’17 Jan ’16 $ Change Total Current Assets $379,882
$317,322
$62,560
Total Liabilities & Equity
$816,972
$758,110
$58,862

4. Income: Jan ’17 Jan ’16 $ Change Dues New $5,194 $5,614 -$420
Dues Renewal
$89,946
$88,999
$948
Event Income
$19,760
$11,982
$7,778
Other Revenue
$606
$56
$550
Publications/Advertising Income
$1,014
$600
$414
Rental Income $0
$1,160
-$1,160
Total Income
$116,520
$108,411
$8,110

5. Expense Highlights: Jan ’17 Jan ’16 Reason Advocacy $3,310 $0
Voter Voice
Computer Expenses
$2,706
$302
ChamberMaster
Professional Fees
$3,079
$1,452
Audit

6. Profit and Loss: Jan ’17 Budget YTD YTD Budget Annual Budget Jan ‘16
Total Income
$116,520
$106,889
$648,135
$108,410
Total Expenses
$53,871
$51,069
$584,572
$45,138
Net Income
$60,012
$53,194
$32,051
$63,272
Cash Flow
+$115,425
($2,512)
$72,749
$33,348
$12,042
$63,273

7. FINANCIAL REPORT Profit & Loss: $661,065 total income
up $81,232 compared to 2015
$588,316 total expenses
down $36,836 compared to 2015
$72,749 net income
up $118,068
compared to 2015
FINANCIAL REPORT

8. FINANCIAL REPORT Profit & Loss Budget Performance: Income:
December: $10,872 over budget
YTD: $22,095 over budget
Expenses:
December: $13,266 over budget
YTD: $12,010 under budget
FINANCIAL REPORT

9. FINANCIAL REPORT Profit & Loss Budget Performance: Cash Flow:
December: $115,425 increase in cash flow
$2,512 behind budget
YTD: $72,749 decrease in cash flow
$33,348 under budget
FINANCIAL REPORT

10. MEMBERSHIP SUMMARY Members dropped in January: 30 for $4,925
Members joined in January:
28 for $6,715
Net gain: $1,790
MEMBERSHIP SUMMARY

11. OFFICER’S AND STAFF REPORTS
CEO
CAO
Membership
Chairman’s Report
OFFICER’S AND STAFF REPORTS

12. COMMITTEE REPORTS Advocacy and Public Policy Parish sales tax renewals
Revisit/update Port Marigny resolution
Committee application and guiding principles
Covington Council Forum
COMMITTEE REPORTS

13. ChamberPAC
Small Business Council
Other
COMMITTEE REPORTS

14. NCF Visioning Plan Status
OLD BUSINESS

15. The mission of St. Tammany West Chamber of Commerce is to strengthen the business climate of west
St. Tammany by promoting the community’s continued
development and enhancing the economic vitality of the region.
OUR MISSION