Our Progress
A look at how the hall has been doing — revenue, expenses, and what we’ve paid down over the last few years.
Total revenue
across 2 years
Total EXPENSES
across 2 years
Net position change
cumulative net income
Total revenue
across 2 years
Total EXPENSES
across 2 years
Net position change
cumulative net income
The story so far
The hall has been running lean and close to balanced on day-to-day operations. Grants — especially from the RDCK and the Columbia Basin Trust — have powered a meaningful expansion of programming. 2025 is tracking stronger than 2024 before year-end closes, and 2026 could be a landmark year if the capital grants for the playground and energy upgrades come through.
Grant-powered — and growing
Grants made up 61% of 2024 revenue, about 81% of 2025 year-to-date, and are projected at roughly 75% of 2026’s larger budget. The RDCK was the workhorse in 2024: $74,077 actual vs $20,000 budgeted — much more than expected.
Operations getting healthier
2025 revenue through October already exceeds all of 2024 (by 5.5%), with two months still to go. Net position through 10 months is about 7× better than 2024’s full-year result. Rental income is running slightly above budget.
Programs are expanding
Wages up 23% and programming costs up 57% year-over-year — reflecting a high level of community activity, supported by grant funding.
Clean balance sheet
No mortgage, no line of credit. In 2024 the hall retired a long-standing $17,500 loan to LINKS that had been on the books for years. The $29,488 listed as “liabilities” on the 2024 books is deferred grant revenue — money received but not yet fully spent — not debt.
2026 could be transformational
If the capital grants land, 2026 brings $649,000 in CBT REACH funding for playground improvements plus CBT SMART and BEAMS funding for solar and battery energy systems. Spending is matched to incoming grants — no debt-funded expansion.
Grant-powered — and growing
Grants made up 61% of 2024 revenue, about 81% of 2025 year-to-date, and are projected at roughly 75% of 2026’s larger budget. The RDCK was the workhorse in 2024: $74,077 actual vs $20,000 budgeted — much more than expected.
Operations getting healthier
2025 revenue through October already exceeds all of 2024 (by 5.5%), with two months still to go. Net position through 10 months is about 7× better than 2024’s full-year result. Rental income is running slightly above budget.
Programs are expanding
Wages up 23% and programming costs up 57% year-over-year — reflecting a high level of community activity, supported by grant funding.
Clean balance sheet
No mortgage, no line of credit. In 2024 the hall retired a long-standing $17,500 loan to LINKS that had been on the books for years. The $29,488 listed as “liabilities” on the 2024 books is deferred grant revenue — money received but not yet fully spent — not debt.
2026 could be transformational
If the capital grants land, 2026 brings $649,000 in CBT REACH funding for playground improvements plus CBT SMART and BEAMS funding for solar and battery energy systems. Spending is matched to incoming grants — no debt-funded expansion.
Events & Programs
The hall isn’t just a building — it’s a weekly calendar. Behind every line in the financials is a volunteer-run event or program that brings the valley together.
Events that anchor the year
- Christmas celebration — In December 2024, the community raised $2,995 in donations and fundraising, delivered kids’ gifts, ran a raffle, and put on a decorated dinner — netting $166 to the Events account after costs.
- Harvest Festival — Autumn signature event with tractor pull, contest registrations, a full concession, and a 50/50 raffle. 2025 brought strong volunteer turnout.
- Seniors’ Appreciation Dinner — Backed in part by a $500 Columbia Basin Trust sponsorship grant, with a full meal, decorations, raffle prizes, and volunteer gifts.
- Easter Celebrations — Annual egg hunt, egg decorating (supplies funded through the programming grant), and community hot dog lunch.
- Seasonal favourites — Halloween, Thanksgiving, and the Spring Carnival all return each year.
- Community Bingo & Monthly Dinners — Regular throughout the year. One documented Bingo night brought in $815 with $245 net to programs; a Feb 2024 Spaghetti Dinner came in slightly under at ~$100 loss — honest numbers on small-scale community gatherings.
Programs that bring people back every week
For kids & youth
- Swimming Lessons — The hall’s longest-running summer program, with registration records every year from 2020 through 2025. 2025 enrolled roughly 50 children across 7 levels, from Preschool Crab and Octopus through Swim for Life Rookie Patrol.
- Get Creative Camp — A 2-week summer camp (Aug 11–23, 2025) plus a Spring Break edition. Crafts, nature walks, puppet shows, and a sleepover night.
- After School Program — Weekly themed sessions through Feb–Mar 2025: baking, sewing stuffed animals, pottery, candle-making, cooking, and Mason jar crafts.
- Kids Movie Nights — Family-friendly screenings at the hall — popcorn, blankets, and a big screen.
For adults & seniors
- Paint Night — A social creative evening for adults, hosted at the hall with supplies provided.
- Seniors’ Exercise — A structured weekly routine covering sitting, resistance-band, and standing exercises — injury-safe and accessible.
- Bowling League — Team-based league with a formal info session, registration forms, liability waiver, and weekly schedule.
- Quilting Program — Project-based sessions, most recently a table runner edition.
Events that anchor the year
- Christmas celebration — In December 2024, the community raised $2,995 in donations and fundraising, delivered kids’ gifts, ran a raffle, and put on a decorated dinner — netting $166 to the Events account after costs.
- Harvest Festival — Autumn signature event with tractor pull, contest registrations, a full concession, and a 50/50 raffle. 2025 brought strong volunteer turnout.
- Seniors’ Appreciation Dinner — Backed in part by a $500 Columbia Basin Trust sponsorship grant, with a full meal, decorations, raffle prizes, and volunteer gifts.
- Easter Celebrations — Annual egg hunt, egg decorating (supplies funded through the programming grant), and community hot dog lunch.
- Seasonal favourites — Halloween, Thanksgiving, and the Spring Carnival all return each year.
- Community Bingo & Monthly Dinners — Regular throughout the year. One documented Bingo night brought in $815 with $245 net to programs; a Feb 2024 Spaghetti Dinner came in slightly under at ~$100 loss — honest numbers on small-scale community gatherings.
Programs that bring people back every week
For kids & youth
- Swimming Lessons — The hall’s longest-running summer program, with registration records every year from 2020 through 2025. 2025 enrolled roughly 50 children across 7 levels, from Preschool Crab and Octopus through Swim for Life Rookie Patrol.
- Get Creative Camp — A 2-week summer camp (Aug 11–23, 2025) plus a Spring Break edition. Crafts, nature walks, puppet shows, and a sleepover night.
- After School Program — Weekly themed sessions through Feb–Mar 2025: baking, sewing stuffed animals, pottery, candle-making, cooking, and Mason jar crafts.
- Kids Movie Nights — Family-friendly screenings at the hall — popcorn, blankets, and a big screen.
For adults & seniors
- Paint Night — A social creative evening for adults, hosted at the hall with supplies provided.
- Seniors’ Exercise — A structured weekly routine covering sitting, resistance-band, and standing exercises — injury-safe and accessible.
- Bowling League — Team-based league with a formal info session, registration forms, liability waiver, and weekly schedule.
- Quilting Program — Project-based sessions, most recently a table runner edition.
What we’ve paid off
2024
In 2024 the hall retired a long-standing $17,500 loan to LINKS that had been on the books for years. Aside from that, the balance sheet carries no mortgage or line-of-credit balance; remaining liabilities are short-term payables and deferred grant funds.
Why the numbers moved
2025 Overview
Based on available records through October 31, 2025, the Lardeau Valley Community Club brought in approximately $134,760 in revenue and spent $125,303, resulting in a surplus of about $9,456 for the period. The hall remained active across programs, rentals, events, and facility operations throughout the year. A full year-end picture is not yet available, as the notes to the financial statements indicate a December 31, 2025 year-end.
2025 Revenue
Grants were by far the largest source of income, accounting for over $109,000 — including significant funding from RDCK, CBT REACH (for the playground), and the CP Foundation (for the library). Rentals, program fees, and fundraising events contributed the remainder, with rental income coming in slightly above the annual budget target.
2025 Expenses
Labour — wages and employer payroll costs — made up the largest expense category at roughly $44,868, followed by programming costs at $24,888 and insurance at $11,858. Overall, expenses through October ran at about 66% of the annual budget, reflecting lower-than-expected contractor costs and hydro spending; programming ran over budget due to a high level of community activity.
2025 Milestones
The club received substantial grant funding this year for two capital and community projects: CBT REACH funding for playground improvements and CP Foundation funding in support of the library, together totalling approximately $45,500 in new project grants.
2024 Overview
The Lardeau Valley Community Club finished 2024 in a stable position, bringing in $127,737 in revenue against $123,855 in expenses for a net income of $1,371. The hall ended the year with $95,444 in total assets, including roughly $92,586 in cash held across several designated accounts. A large portion of liabilities ($29,488) represents deferred grant revenue—funds received but not yet fully spent—rather than debt.
2024 Revenue
Grants were by far the largest revenue source, with RDCK and CBT grants together totalling $77,977 and accounting for about 61% of all income. Building rentals ($26,683) were the next most significant source, followed by campground, showerhouse, and laundry room fees; fundraising and donations contributed a combined $6,636.
2024 Expenses
The biggest cost areas were wages and contractor payments (combined ~$36,596), programming ($15,898), hydro ($14,483), and insurance ($13,225). Overall, the club kept spending close to what came in, with programming costs notably higher than the budgeted estimate—reflecting increased activity supported by grant funding.
2024 Milestones
Based on available records, the club received significantly more in RDCK grants than originally budgeted ($74,077 actual vs. $20,000 estimated), which supported expanded programming and grant-funded expenditures during the year.
2025 Overview
Based on available records through October 31, 2025, the Lardeau Valley Community Club brought in approximately $134,760 in revenue and spent $125,303, resulting in a surplus of about $9,456 for the period. The hall remained active across programs, rentals, events, and facility operations throughout the year. A full year-end picture is not yet available, as the notes to the financial statements indicate a December 31, 2025 year-end.
2025 Revenue
Grants were by far the largest source of income, accounting for over $109,000 — including significant funding from RDCK, CBT REACH (for the playground), and the CP Foundation (for the library). Rentals, program fees, and fundraising events contributed the remainder, with rental income coming in slightly above the annual budget target.
2025 Expenses
Labour — wages and employer payroll costs — made up the largest expense category at roughly $44,868, followed by programming costs at $24,888 and insurance at $11,858. Overall, expenses through October ran at about 66% of the annual budget, reflecting lower-than-expected contractor costs and hydro spending; programming ran over budget due to a high level of community activity.
2025 Milestones
The club received substantial grant funding this year for two capital and community projects: CBT REACH funding for playground improvements and CP Foundation funding in support of the library, together totalling approximately $45,500 in new project grants.
2024 Overview
The Lardeau Valley Community Club finished 2024 in a stable position, bringing in $127,737 in revenue against $123,855 in expenses for a net income of $1,371. The hall ended the year with $95,444 in total assets, including roughly $92,586 in cash held across several designated accounts. A large portion of liabilities ($29,488) represents deferred grant revenue—funds received but not yet fully spent—rather than debt.
2024 Revenue
Grants were by far the largest revenue source, with RDCK and CBT grants together totalling $77,977 and accounting for about 61% of all income. Building rentals ($26,683) were the next most significant source, followed by campground, showerhouse, and laundry room fees; fundraising and donations contributed a combined $6,636.
2024 Expenses
The biggest cost areas were wages and contractor payments (combined ~$36,596), programming ($15,898), hydro ($14,483), and insurance ($13,225). Overall, the club kept spending close to what came in, with programming costs notably higher than the budgeted estimate—reflecting increased activity supported by grant funding.
2024 Milestones
Based on available records, the club received significantly more in RDCK grants than originally budgeted ($74,077 actual vs. $20,000 estimated), which supported expanded programming and grant-funded expenditures during the year.
Source Documents
- 2025 Notes to the Financial Statements
- 2025 Budget 2025
- 2025 2025 YTD P&L – Oct 31.pdf
- 2025 Q1 2025 BS.pdf
- 2025 Q1 2025 IS.pdf
- 2025 Q2 2025 P&L.pdf
- 2025 Q3 2025 P&L.pdf
- 2024 2024 YE BS.pdf
- 2024 2024 YE IS.pdf
- 2024 LVCC Budget 2024