<VV> Where does all the money go?

[sarahvair at juno.com]

At the risk being accused of "ditching" M & P, most of the money CORSA spends is for the salary of Mike & Harry.  This is not new.  Every year the financials are posted in the Communique.
As for the conventions being an expense?  The only convention in recent history that didn't have a profit is Buffalo.  Jacksonville made a profit of $19K plus.  CORSA received 1/2 that and the Florida chapters the rest.  
Sarah

---------- Original Message ----------
From: "Gary Swiatowy" <gswiatowy at rochester.rr.com>
To: <virtualvairs at corvair.org>
Cc: Chapters CORSA <chapters at corvair.org>
Subject: Re: <CORSA Chapters> Membership question -- 100% vs Not
Date: Thu, 17 Dec 2009 04:59:20 -0500

While all this hand wringing and arguements are going on.
Why has no-one asked the big question?
Where is the money going?
Why are we going broke?

Yes, there are basic financial statements buried in the communique.
But has anyone, in layman's terms explained where the money goes?

Yes, the communique is an expense, but recent dues increase should cover 
that.
Has the clubs insurance gone up through the roof?
That is the big issue regarding chapters. Well how much does this insurance 
cost per year?

I assume, the big expense is the Convention.
I have reason to beleive that these may be operating at a loss basis.
Can anyone confirm that? Do they make a profit or not?

Instead of telling us simply CORSA is broke, we need to fix it.

Give us the reasons!

Then we can make the decision.

Gary Swiatowy


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