FCC White Paper Report

2) Capital Focus vs. Operational Dues:

i. Club Benchmarking emphasizes the importance of capital income (joining fees and capital dues) in driving financial stability, improving facilities, and increasing member satisfaction. FCC’s monthly operational dues are adequate to fund day-to-day and annual operating expenses but are not allocated or dedicated to building long-term value or funding large-scale projects.

3) Impact on Property Values: i.

Clubs with consistent facility refresh cycles (every 10 years) maintain higher property values. Clubs without these investments risk stagnating memberships and declining home values.

8