Well, we made it through another year, and we are still standing tall.  At the beginning of FY 2023 we have 384 members. Unfortunately, we have lost track of 61 Life Members.  They have either moved and did not update their new address, or they are deceased.  On our web site is a listing of these missing members. I would like your help in finding these members.  Please look at this listing and notify me if you know their location. This action would be very helpful in cleaning up our files. 

Financially we have $4,993.14 in our check book and $33,734.79 in CDs.

          Check book breakdown is.

                   General fund               $1,519.37

                   Life Member fund       $568.59

                   Scholarship fund          $148.00

Ahoy shipmates!

It is time for the first Aerograph of this calendar year and a report from my desk. For the first time the news is not good. Currently, we have 280 Life Members, 16 dues paying members. All but one is paid up to the end of this year or longer.

There were insufficient funds in the checking account to cover upcoming expenses. Therefore, it was necessary to tap the CDs for the first time to cover expenses. Last year’s expenses totaled $5,356.72. Anticipating expenses for 2023 to be about $8,500.00 or more. Currently, our operating funds equal $3,217.41, giving us a short fall of $5,282.59 or there abouts, for the year. 

Current CD funds total $33,723.46. Subtracting our short fall from the CD fund will leave us with $28,440.87 at the close of 2023. If our expenses average $8,000.00 a year, we have about 3.5 years of funds remaining. 

Our three largest expenses are travel expenses to and from reunions for the secretary/treasurer and editor, printing and mailing of the Aerograph. I believe something must change if we are to make it more than three years. Let us put on our thinking caps and collectively come up with a solution.