Finance Committee

Focused on ensuring fiscal responsibility within the organization

The 2009 Finance Committee is made up of the following APAS Board members

 

The most recent meeting of the finance committee was June 17, 2009.

If you have specific issues or concerns you would like to address with the committee members, please use the CONTACT US link above and include "Finance Committee" in the subject line.

Click here for the 2008 Audited Financial Statments.

 

June 17, 2009 Conf Call minutes

 

Participants:  Directors Greg Marshall, Don Connick, and Ernie Briggs; Sharon Gimas, CMA; and General Manager Nial Kuyek

 

Election of Chair

Ernie Briggs was elected Chair of the Finance Committee for 2009.

 

Financial Statements to April 30, 2009

Sharon Gimas, CMA reviewed the Balance Sheet and Profit and Loss or Statement of Operations to April 30, 2009 representing the first two quarters of the 2008-2009 fiscal year.  Sharon and Nial Kuyek responded to questions from Directors relative to items in the Statements. 

The Committee was pleased with the management of total expenses by APAS.  For these six months, total expenses are $70,593 below budget and $243,793 below the expenditure level at April 20, 2008 in the previous fiscal year.

The Committee approved the Statements for presentation to the Mid Term Meeting with the provision that the Statement of Operations compare actual expenditures to budgeted and to those at the same point in the previous fiscal year.   

 

Member Renewals for 2009-2010 

Nial Kuyek reported that teh majority of  members have renewed their 2009-2010 APAS membership as of June 17, 2009.

The Committee discussed the need for member retention and recruitment to continue to be a necessary high priority for APAS

A reminder invoice will be sent to those RMs who have not yet renewed.