By La Cumbre CC
•
April 16, 2025
Dear Members, As we prepare for the upcoming Town Hall on Thursday, April 24th, at 4:30 PM, I want to take a moment to reaffirm our Board’s commitment to transparency, thoughtful stewardship, and open dialogue. This will be the first Town Hall at La Cumbre focused specifically on sharing financial results, membership survey feedback, and our strategic direction, and I’m proud that it reflects one of the core values I’ve emphasized during my time as Board President: creating a more transparent and inclusive relationship between the Board and the membership. We’ve already received requests from members who wish to review information in advance of the Town Hall. I want to share how we’re approaching that: The 2024 Membership Satisfaction Survey results and summary were shared in our weekly email. If you missed the update, please view these HERE on the member side of our website under "Latest Updates." Additional materials—including the 2024 financials, capital account details, and the 2025 Board-approved budgets—are in final preparation. The Board will meet on Tuesday, April 22nd, to review and provide input on these items. Please recognize that what we present will not be audited and final. Once the Board completes its review of the materials and they are updated, we will promptly distribute the full set of materials to the membership to allow ample time for review ahead of the Town Hall. We are looking forward to your feedback and questions and request that once you've had a chance to review the materials, please feel free to click HERE and submit any questions you may have to Ali, Adam, or me. We will collect them until 2 p.m. on Thursday the 24th. We will also be taking questions at the Town Hall in a written format, so feel free to have one prepared so that it can be collected, read, and answered during the meeting. In addition, I’m pleased to announce that the Board has appointed Sven Klein to fill the one-year Board vacancy. Sven will serve as Treasurer for the remainder of the 2025 term. Sven Klein is an experienced entrepreneur who has founded and led several companies throughout his career. Most recently, he was the founding CEO of Lull Ventures, LLC, a direct-to-consumer mattress and bedding company headquartered here in Santa Barbara. He currently serves as Chairman of the Board. Originally from Freiburg, Germany, Sven moved to Santa Barbara in 1985. He is a proud graduate of La Colina Junior High, San Marcos High School, and the University of California, Santa Barbara (’94). He met his wife, Jennifer, at La Colina, and together, they have two children: Avery, currently attending Cal Poly, and Alden, who will graduate from San Marcos this June. The Klein family has been part of the La Cumbre Country Club community since 2003, holding Associate, Social Tennis, and Equity memberships. We are thrilled to welcome Sven to the Board and look forward to the expertise, professionalism, and commitment he brings to this leadership role. We know that informed members are engaged members, and we look forward to a productive, honest, and future-focused discussion on the 24th. Thank you for being such thoughtful stewards of this exceptional club. Tracy Jenkins President, Board of Directors La Cumbre Country Club