Bi-Annual Treasurer Report
Our fiscal year begins on
The Panel and Membership have taken the responsibility seriously and should be very proud of the following accomplishments:
Our 1st Income Taxes were filed for
the year 2004 and we have not heard any response from
ü Our membership has grown.
ü Our award winning web site has grown greatly thanks to our Webmaster Rick Bittle.
ü Snow Bird was an over whelming success. Budgeted for $100 profit, Snow Bird generated $839 in revenue. Thanks to the M&M’s (Mike Pavisich & Marty DiOrio), contributors and others.
ü The Legacy project was budgeted for $51.43 profit this year, and is $193.99 in the green, with $200 in reserves to finish the project, which includes shipping the original painting to the 101st Airborne Division. Thanks to Jerry Turner and others.
ü Our budgeted membership donations are $1600 for the year and are currently at $939. Our annual donation drive is scheduled for October and hopefully will put us over the budgeted mark. Many thanks to our Membership.
ü Webmaster and Treasurer supplies are budgeted at $150 total and $0 has been spent.
ü Our Web Host fees are due in September and budgeted for $300 and will most likely come close to budget.
ü Our flower budget is $360 and $95 has been expended. Really wish this expenditure were zero every year.
Stores sales are budgeted at $50 profit for the
year and are currently at $64.50 profit for the 1st half of this
year, which includes a pending $100 check from the sale of hats at Houston. Stores
has sold $669 worth of merchandise. The Panel has reinvested $604.50 in Stores
to position Stores to be a significant future profit center for the
Association. Stores has been completely re-supplied with $464.50 of new
inventory, $90 worth of shipping and postage materials, and has a new storage
cabinet to store the sensitive inventory such as paintings. Stores now has some
787 Legacy prints for sale. Under future consideration is $198 in
ü Tampa Bay Reunion is an unbudgeted item and was approved for $300 to set up the famous A/101 Aviation Hospitality Suite. M&M’s have stepped forward to manage another hospitality suite.
In summary, the Association is at or ahead of nearly all budget objectives for the first half of this year, and with everyone’s help should finish a stellar 1st year and be positioned for a successful 2nd year.