It is important for the family that supports the Lone Mountain Property to understand the way their money is spent. The following chart shows expenditures from 2011-2014 by category.
| Year by Year Expenses | ||||
|---|---|---|---|---|
| 2014 | 2013 | 2012 | 2011 | |
| House Maintence/Repair | 798 | 1400 | 1150 | 1150 |
| Housekeeping | 180 | 180 | ||
| Groundskeeping | 350 | 550 | 400 | 455 |
| Electricity | 708.75 | 709.2 | 614.83 | 478.12 |
| Water | 350 | 372.56 | 307.60 | 216.42 |
| Propane | 89.59 | 290.88 | 226.72 | 214.26 |
| Taxes | 940 | 1002.71 | 1431.71 | 1148 |
| Professional | 350 | 350 | 350 | 350 |
| Banking | 96.59 | 24.9 | ||
| Administrative | 20 | 20 | 22.25 | |
| MISC | 175 | 100 | 64.72 | |
| TOTAL REGULAR EXPENDITURES | 4057.93 | 4975.35 | 4503.11 | 4101.42 |
Maintenance/Repair
This figure was down substantially in 2014, mainly due to the fact that some major items were taken care of in recent years. The basis is always $600, as we keep Dale Brogan under contract to look after the house, and keep the plumbing in good shape. Dale also shuts down the house for winter and get everything going again in the spring. He turns things on and off when visitors come to Lone Mountain.
In 2011 a new electric hot water heater was installed in the Bath House, and miscellaneous repairs were done around the house in 2012. The cost of repairs spiked in 2013, however, to repair leak damage that was done before the roof was replaced.
The cost of the roof was accounted for separately, and is not part of these records.
Housekeeping
Our neighbor Jennifer Loop began working for us in 2013. She does a thorough annual spring cleaning for $180. She also prepares the house for visitors and cleans when they leave, although the visitors handle her payment for those services privately.
Groundskeeping
Tracy’s Lawn Service takes care of keeping our grounds mowed. The price is directly affected by rain each year, with 2013 being very wet, and 2014 very dry. David Rose made an extra contribution this year that covered getting the back of the lot bush hogged.
Electricity
Electric use has increased substantially since 2011, but was down just a hair from last year. The bill averages $59 per month.
Water
Water usage is fairly constant and averages about $28 per month.
Propane
We pay an annual tank rental fee of $89.59 per year. Bi-County checks the tank when they are in area and fills as needed.
Taxes
We pay Property Tax, State Excise Tax, and Federal Income Tax as a Mutual Benefit Corporation. Taxes were less in 2014 (for calendar year 2013) due to deduction of the roof cost.
Professional
We pay $350 per year to have our taxes prepared and filed..
Banking
Our checking account is free, except for buying checks as needed. We began taking online payments in 2014 for our “Buy a Brick” Membership Drive. We paid $96.59 in fees on approximately 4250. This is a rate of about 2.7%
Administrative
We pay around $20-25 per year in corporate filing fees.
Miscellaneous
We send a $50 gift to each Dale Brogan and to Jennifer Loop at Christmas time. We could not manage the house without local employees to take care of things for us. In 2014 we also stocked the woodpile for $75.
| Year by Year Income | ||||
|---|---|---|---|---|
| Membership Income | 3825 | 2775 | 2325 | 2625 |
| User Fees | 520 | 430 | ||
| Tobacco | 383.7 | 403.9 | 403.9 | 123.71 |
| Donations | 125 | 425 | 350 | 400 |
| Number of Members | 37 | 18 | 17 | 19 |
Membership Income
Membership income was up dramatically in 2014. This was largely due to the new “Buy a Brick” Membership Drive. We took the goal we hoped to reach last year, $5000, and divided the total by 25. That gave us a total of 25 – $25 representing the cost of 200 “Bricks” we needed to build a secure foundation for the LMH this year. We did this as a test. The 2014 Board of Directors, in their December Phone Conference Meeting voted to keep using the Brick Method for Membership.
The beauty of “Buy a Brick” is that it allows Membership for as little as 1 brick, or $25. Members have the Option to purchase as many Bricks as they wish, as many times as they wish throughout the year. As a result we have the most members ever, including a large number of our younger family members who are first-time members. (Any family member 18 or older can buy a brick!)
Tobacco
We never know how much the Tobacco Income will be, but it has averaged around $329 over the past four years.
User Fees
The Users of the House in 2012 and 2013 did not pay User Fees because they were work visits. User Fees were up in 2014 over 2011. We hope the improvements in the house over the past few years, will increase use of the Lone Mountain House. The area around it, particularly with the building of the new Marina and Restaurant, can help make a trip to Lone Mountain a lot of fun!