Yarrawonga Chronicle

ClubMulwala’s $3.5m financial record

BY ROBERT MUIR

ClubMulwala has produced a record $3,530,773 operating profit for financial year 2020/2021.

“Never before has ClubMulwala produced a profit near this level,” club chairman Des O’Meara ESM OAM, advised the 53 attendees at last Sunday’s Annual General Meeting.

“Most of this profit, $2.3M, came from operations and is a new record on its own. Job Keeper also has had a favourable input into our result. It would still be a record without Job Keeper.”

Describing the result as “wonderful”, Mr O’Meara said the Board of Directors congratulate the club’s chief executive officer Alan Rowe, his management team and all staff, on this “amazing result”.

“In the hospitality industry, your achievements are a measure of your staff’s abilities, and our staff shine through yet again this year,” the chairman said.

“The Federal Government’s Job Keeper has assisted ClubMulwala to maintain its fantastic workforce through these trying times of shutdown, lockdown and many restrictions.”

The 53 attendees comprised 23 RSL SubBranch members and 30 Social Members. A special welcome was afforded Life Member Tony Nieuwenhout OAM.

Last financial year (2019/20), ClubMulwala made a profit of $1,583,707. Commenting on the 2020/21 result, ClubMulwla’s Chief Executive Officer Alan Rowe said: “This has been a great result considering the uncontrollable factors.”

The CEO provided a snapshot of the interruptions from March 2020: 23/03/20 – closed until 01/06/20 (lockdown 1), 20/07/20 – border closed (lockdown 2), 20/12/20 – Victoria imposes border restrictions, 31/12/20 – Victoria snap shut border (lockdown 3), 27/05/21 – Victoria snap shut border (lockdown 4).

This financial year (2021/22) there have already been two lockdowns (70-80% of club members and trade come from the Victorian side of the border).

“We can all relate to being impacted in some way, in particular over the last 12-15 months. The (2020/21) year has been challenging to say the least. A year, that hopefully, we will never have to encounter again,” Mr Rowe said.

ClubMulwala’s intraclub sporting clubs were congratulated by Mr O’Meara and Mr Rowe on their achievements over the past 12 months, with a special mention to Lawn Bowls with three teams making it through to the Grand Final in their respective competitions, and a great win for Tuesday Pennant Team B1.

The chairman and CEO expressed their appreciation to the hard-working committees that keep these intraclubs operating.

Commenting on the new look ClubMulwala, Mr O’Meara said: “I trust that our members are enjoying our newly renovated club. Due to Covid-19 restrictions, we have not ventured into more internal redevelopment of our club, but look forward to a new elevator in the near future.

“Also planned is roof maintenance, repair and replacement to ensure that all our renovations remain protected. ClubMulwala currently has 26 separate sections of roof, many of which are in dire need of repair.”

ClubMulwala is very focused on the Yarrawonga/Mulwala community, with well over $292,252 of either cash, or inkind donations made throughout the community last year, with many beneficiaries. The club is pleased to support and partner the RSL sub-branch. Included in this are Legacy, Ladies Auxiliary and Mulwala Elderly Citizens.

“Employing over 125 staff shows our commitment to Yarrawonga/Mulwala and we will continue to do so,” Mr Rowe said. “Without our members’ support, we would not be able to do this. I express a very big thank you to our fantastic, patient staff.”

Mr Rowe presented a power-point display of what has now become an exciting six-stage, wow factors ClubMulwala development project to include the re-roofing.

ClubMulwala has always had a close allegiance with the Yarrawonga Mulwala RSL Sub-Branch and its Auxiliary, and the Cobram Yarrawonga Legacy Group and their Widows.

“I know that all these organisations appreciate our commitment each year,” the chairman said.

“I have been privileged to chair the Board of ClubMulwala and I thank my fellow Directors, and our CEO Alan Rowe, for their contribution, commitment and support to myself and to ClubMulwala, and look forward to a safe but challenging 2021/22.”

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2021-10-20T07:00:00.0000000Z

2021-10-20T07:00:00.0000000Z

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