(posted on behalf of Tim White, Region 13 Director)
The ACBL Board of Directors held its spring in-person meetings February 23-26 in St. Louis. The Board and its Committees and Task Forces continue to meet regularly online using Zoom and Microsoft Teams.
FINANCE
ACBL concluded the 2025 fiscal year in a stable financial position with net assets increasing $1.367M to $12.58M.
While operating revenues of $17.98M were slightly below budget, primarily due to a $1.1M shortfall in club table fees, this was offset by NABC performance $358K better than budget and steady membership dues. Administration and operations cost management resulted in year-end expenses $992K below budget, resulting in a positive bottom line.
There was an unrealized gain of $688K in the market value of investments.
Strategic investment remains a priority, with $640K dedicated to capital projects. Of this, $553K was invested in continuing modernization of the AS400 back-office system, securing the foundation of membership and scoring infrastructure and data for the future.
MEMBERSHIP
The February 2026 report showed a year-on-year 5% membership decline from 124,076 to 117,813.