- Program: Faribault Rotary Youth Services Annual Meeting, Dave Beranek
- Call to order
- FRYS Board of Directors
- 2023 nominees
- Eric Craig
- Jake Kohl
- Ryan Holmquist
- Motion - Kay Hoaglin
- Second - Greg Ciesluk
- Motion carries
- 2 years remaining on FRYS board:
- 1 year remaining on FRYS board:
- Dave Beranek
- Brenda DeMars
- History
- FRYS is a 501(c)3 organization which means it is a charitable, tax-exempt organization.
- In the 1960’s the Rotary Camp was purchased.
- Strive Program started in the 1990’s, and that is when the 501(c)3 exemption status was obtained. The requirements for 501(c)3 have been maintained since this time.
- Rotary Camp-specific history:
- The camp resides on 18 acres of property.
- In 2020, a Gaga Ball Pit was installed, dock sections were repaired, deck and railing were repaired, kitchen countertops and sink were replaced and new plumbing was put in the kitchen.
- 2021 improvements included the driveway/blacktop, repairing the path to dock, and pressure washing the deck.
- In 2022 there was more repair to the deck, as well as pump house improvements.
- 2023 improvements included redoing the bathrooms in the building, as well as work on the kitchen ceiling.
- Upcoming projects: Potentially, new covering on floors building-wide. Fireplace chimney is rusted out on the inside currently and needs review. In addition, the base of old flagpole (cement, in the driveway area) will be pulled out to prevent future issues.
- Rental rates for facility/property usage:
- Youth groups pay $75/day
- Adult groups <50 individuals are $150/day, >50 people is $250/day
- Between 590-645 people utilized camp this past year.
- Total rents this year: $2950. From May 1-Sep 30, $2162 in rent income.
- Board duties:
- Mostly an oversight board to ensure that regulations are met.
- This includes state gambling requirements, as well as State of MN and IRS requirements
- FRYS Financial Position:
- Total Assets: $301,809
- Total Liabilities: $3,051.59
- Total Net Worth: $298,758.19
- Restricted: $37,072.32
- Unrestricted: $261,685.87
- FRYS liquidity:
- Cash *not including charitable gambling liquidity needs: $49,440
- Investments: $186,131
- Working Capital: $235,571
- Revenue and Disbursements by Area
- Charitable Gambling:
- Revenues: $2,336,756
- Disbursements: $2,328,079
- ~$82,00 went out in donations
- Internal programs (Strive & Music Scholarships, Warm our Community, Rotary Camp, Exchange Student Program)
- External Programs (Little Falcons, Rise program at FHS, Faribault Police Department initiatives, Faribault Early Childhood Education, Supply our Children)
- The Charitable Giving Committee oversees the applications and donation recommendations annually.
- Surplus/ (Deficit): $8,677
- Rotary Camp:
- Revenues: $4078
- Disbursements: $5141
- Surplus/ (Deficit): ($1063)
- Strive & Other
- Revenues: $18,345
- Disbursements: $17,736
- Surplus/ (Deficit) $609
- Total:
- Revenues: $2,359,179
- Disbursements: $2,350,956
- Surplus (Deficit): $8223
- FRYS Charitable Gambling Disbursement Data
- Total Disbursements = $2.3M
- COGS/Prizes = $1.9M (~82%)
- Boxers (“Rent”) = $58k
- City of Faribault = $4k
- E-tabs Provider (M-Peters) = $72k
- Charitable Gambling Team Compensation = $49k
- Charitable Gambling Team:
- Brenda DeMars, Amy Amundson, Chad Koepke, Jessica Amundson
- Charitable Giving Committee is led by Natalie Ginter
- Questions:
- How is the Rotary Camp Marketed?
- Riverbend Nature Center is interested in partnering for some use/programs.
- COP House/Faribault Police Dept interested in using facilities as well
- An interested party wants to start a youth fishing group,
- A different party would like to start a youth sailing education program.
- Outreach to all churches/youth groups in town to inform them of the facility and its opportunities for use. This has not been done in 10-15 years.
- If you have skills and interest in helping with marketing the Rotary Camp please reach out to Dave or the FRYS board to collaborate.
- How is the water quality of Cedar Lake? Is there overgrowth of aquatic vegetation?
- Cattails are kept 6 feet away from the dock and there is no other aquatic vegetation overgrowth. The dock is usable and accessible by boats.
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