Inside this issue:

Presidents Letter

Dear Members,   
 
You can't tell by the weather but ski and boarding season is only a few days away. Imagine being threatened by a hurricane when we should be making plans to go skiing.  If the ski bug hasn't hit, open this newsletter and check out the great trips we have to offer this year.  If that doesn't motivate you, make sure you attend the first club meeting of the season at Jillian's on October 2nd.  We have a jam packed schedule to get your mind, body, and equipment tuned for the season!

Before we start the 2003-2004 season, I want to give you a summary of last year (2002-2003).   Our long trips to Mt. Tremblant, Sugarloaf,  Meribel, and Steamboat Springs were well attended.  Our day trips, as presented in the financial statement in this newsletter, resulted in a significant loss to the club. Our loss occurred for two reasons, (1) we incurred several one-time costs associated with filing the application to be recognized as a non-profit organization, and (2) the board decided to reduce the prices of the day trips with the expectation that the lower price would attract many new members. Although some new members joined, it was not sufficient to offset the reduced day-trip prices.  Thus, prices for day trips this year will be consistent with those prices we have charged in previous seasons.  We still think they are a bargain - a day of skiing, a bus trip where you can spread out, movie on the way home, and lots of fun! Overall our financial standing remains solid thanks to the hard work and wisdom of your officers and board of directors.

Karen Foster, President

NEXT MEETING:

• Thursday                          October 2, 2003
• 7:30 p.m.
• Jillian's Restaurant
• Rte 151                                             North Falmouth, MA

Contact Us?

+  By Mail:
Upper Cape Ski & Sports Club
P.O. Box 2123
Teaticket, MA 02536


(  By Phone:
Diane Payson, Treasurer
508-548-0071


8 By Web:
www.uppercapeskiclub.com



Newsletter Editor:
Michael Finegold
508-548-0071

NEXT GENERAL MEETING   -   Thursday, October 2, 2003

Upper Cape Ski & Sports Club

A Year in Review 6/1/02-5/31/03

MISC. INCOME
Membership $ 5,160.00
Newsletter Advertisements 80.00
Vest Income 153.25
Bank Interest         37.99
  $ 5,431.24

MISC. EXPENSES
Newsletter-Printing & Postage $ (1,728.58)
Monthly Meeting Location Charges (679.00)
Membership Drive-Printing & Postage (398.50)
Radio Advertising (783.33)
Office Expenses (supplies, PO rental, etc.) (440.24)
Prize Certificates Redeemed (50.00)
Gift Certificates Redeemed (60.00)
Web Site Hosting fee (400.00)
Accountants Fee (1,249.00)
IRS Application Fee (500.00)
Bank Fees         (8.95)
  $ (6,297.60)

ACTIVITIES - overall Profit or Loss
Sunset Cruise 9/1/01 cancelled
Ski Trips:
Killington, VT 12/11/02 (417.77)
Okemo, VT 12/29/02 (386.97)
Stratton, VT 1/8/03 (55.71)
Sunday River, ME 1/12/03 (286.48)
Attitash, NH 1/15/03 (350.97)
Sugarloaf, ME 1/26-1/31/03 1,387.00
Okemo, VT 2/5/03 (528.46)
Stowe, VT 2/9/03 (664.98)
Mt. Snow, VT 2/12/03 (175.83)
Steamboat Springs, CO 2/16-2/23/03 1,047.00
Meribel, France 2/12-3/1/03 174.00
Sunday River, ME 2/26/03 (465.13)
Stratton, VT 3/5/03 (257.97)
Waterville Valley, NH 3/9/03 (291.98)
Wildcat, NH 3/19/03 195.00
Mt. Tremblant, Canada 4/2-4/6/03                  30.00
  $ (1,049.25)

ADVANCE TRIP DEPOSITS
(Made in prior year and reflected in above Activities)
Sugarlaof 03       $ 500.00
 
MISC. TRANSACTIONS
Advance deposit on Sugarloaf 03     $ (500.00)
Overpayment refunds--Big Mountain 02 (302.00)
Final payment--Big Mountain 02    (1,193.00)
  $ (1,995.00)

OVERALL TOTAL - LOSS $ (3,410.61)

October Meeting -- Official Stuff

October Meeting -- Fun Stuff