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THE OTAGO PHOENIX CARDIAC REHABILITATION CLUB
Phase 3 Cardiac Rehabilitation Since 1968

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Annual Fees
 


Subscriptions Policy
The Club depends on subscriptions for the money it needs to provide services to members. Our subscriptions year runs from AGM to AGM because subscriptions are set by the members at the annual meeting. The year is usually December to December each year.

Who Pays A Fee?
Fees are due from all members regardless of whether they hold membership because they have had heart treatment or because they are the nominated support person for a member who has had such treatment. Life Members are exempt from the annual subscription but may still make donations.

Subscription Payments for 2026

At the Annual General Meeting 0n 1st December 2025, the Committee's recommendation to hold subscriptions and gym fees at existing levels, was confirmed. The Annual Subscription was confirmed as $30 per member with a $1.00 charge per gym session. 

Subscription Calculation Policy for New Members
We have had a long-standing policy of pro-rating subscriptions for new members who join part-way through the year. To formalise the procedure, it has been decided to calculate the joining year fee for new members as follows:-

Members who join between the beginning of the year and 31st May will pay the full year subscription (currently $30).
Members who join between 1st June and 30th September will pay two-thirds of the annual subscription (currently $20).
Members who join in the last three months of the year will pay one third of the annual subscription (currently $10).


Donations To Ted Nye Fund or to General Club Funds
Members also have the opportunity to make a donation to the Ted Nye Fund or to General Club Funds, and may do so when they pay their sub, or at any other time.  Money from the Ted Nye Fund is used to award, through the University of Otago, an annual prize to a student of cardiovascular medicine.

Payment Options
Subscriptions and any donation to the Ted Nye Fund or to Club Funds may be paid using online banking to the Club’s bank account:-
Westpac Bank Account name “Otago Phoenix Club”. Westpac Bank Account number  03 0903 0382417- 00

For annual subscriptions please include your name(s) in the particulars field and “Subs 2026” in the code field.
To include a voluntary donation to the Ted Nye Fund or to General Club Funds, please include “Ted Nye 2026” or "Club Fund 2026" in the reference field.

Alternatively, a c
ash payment may be made on club nights to the person on the door, but please make sure that the purpose of the payment is recorded correctly.
Electronic payment is the preferred method from the Treasurer's point of view.

Receipts and Tax Credits
Because The Otago Phoenix Cardiac Rehabilitation Club is a registered charity, any donation you make, to the Club or to the Ted Nye Fund, qualifies for a tax credit. The rules for obtaining a tax credit may be found on the IRD website. Please be aware that only donations qualify; subscriptions are not covered. Regardless of how a subscription payment or a donation has been made, receipts will be issued by the Treasurer. Subs and Donations will have separate receipts issued and donations must be over $5 to qualify as a donation for tax purposes.

Please contact the Treasurer if you require any additional information.

Chris Worth, Treasurer
(treasurer@otagophoenix.nz)