Thanks to the 83 people who made 193 donations to the Capital Campaign. In total we raised $203,784!!
This allowed us to pay off our mortgage, saving $105,000 in interest costs and reducing our monthly costs by $1,200. We also installed a new Luxury Vinyl flooring. There is currently a balance of $55,688 in the Capital Reserve.
To paraphrase AA’s “I am responsible” statement: “We want to be sure that when anyone reaches out for help, we will to be there.” With 7 percent population growth in our area the need for our services will only grow.
Our next planned improvement is to pave the parking lot and to make the entrance into the lot safer. We estimate this will cost $62,000. To be able to move forward and keep a $50,000 balance in the Capital Reserve we need to raise more money.
We want to: (1) Continue to make improvements to the property; (2) Increase the number of meetings held at the WAC; and (3) Always maintain a Capital Reserve of $50,000.
The Goal of the I am Responsible Campaign is to raise $65,000. We are once again asking our members, families, and friends to donate.
Nonprofits organizations owning a building need to maintain a capital reserve to cover future capital costs. Over time all buildings need to replace heat and air conditioning systems, roofs, windows and make general overall improvements to maintain the value of the property.
We are asking members, their families, friends, and colleagues for support. Please consider being a part of this especially important mission by making a tax-deductible donation to the WAC. Thank you for your consideration.
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