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USCF still in the red



 
 
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  #1  
Old December 22nd 06, 02:27 PM posted to rec.games.chess.politics,rec.games.chess.misc
parrthenon@cs.com
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Posts: 2,462
Default USCF still in the red

From: Joe Nanna ]
Sent: Wednesday, December 20, 2006 12:38 PM
To: Bill Hall
Cc: Peggy Stephens
Subject: Internal Financial Data thru November, 2006

Here is the financial information I put together thru November, 2006.
I
haven't had the opportunity to verify the activity in each account but
I
don't anticipate any changes. If I find something, we will make the
correction in December.

************************************************** ********************************

THE BOTTOM LINE

Cash Flows From Operating Activities: November 2006 (67,615)

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  #3  
Old December 23rd 06, 06:33 PM posted to rec.games.chess.politics,rec.games.chess.misc
Randy Bauer
external usenet poster
 
Posts: 285
Default USCF still in the red


wrote:
From: Joe Nanna ]
Sent: Wednesday, December 20, 2006 12:38 PM
To: Bill Hall
Cc: Peggy Stephens
Subject: Internal Financial Data thru November, 2006

Here is the financial information I put together thru November, 2006.
I
haven't had the opportunity to verify the activity in each account but
I
don't anticipate any changes. If I find something, we will make the
correction in December.

************************************************** ********************************

THE BOTTOM LINE

Cash Flows From Operating Activities: November 2006 (67,615)


Typically, December and January are pretty strong months, given Holiday
sales, Thanksgiving tournaments and some other big events, etc. There
has been a pretty lively discussion among several members heavily
involved in observing the USCF finances of late, including Joel
Channing, Mike Nolan, Grant Perks, Dr. Leroy Dubeck, Mike Carr, Tim
Redman, Donna Alarie, and me -- as well as Executive Director Bill Hall
and our new CFO, Joe Nanna.

Mr. Nanna is working to standardize and better automate reports, and
I'm hopeful that within the next few months we will be much better able
to generate timely and accurate financial information. In the
meantime, we had a strong 2nd quarter on the membership front (some of
which was no doubt due to the dues sale), so I'm cautiously optimistic
that the budget for the year will turn out ok.

Randy Bauer
USCF Finance Committee Chair

  #4  
Old December 23rd 06, 06:52 PM posted to rec.games.chess.politics,rec.games.chess.misc
samsloan
external usenet poster
 
Posts: 8,811
Default USCF still in the red

Randy Bauer wrote:

Typically, December and January are pretty strong months, given Holiday
sales, Thanksgiving tournaments and some other big events, etc. There
has been a pretty lively discussion among several members heavily
involved in observing the USCF finances of late, including Joel
Channing, Mike Nolan, Grant Perks, Dr. Leroy Dubeck, Mike Carr, Tim
Redman, Donna Alarie, and me -- as well as Executive Director Bill Hall
and our new CFO, Joe Nanna.

Mr. Nanna is working to standardize and better automate reports, and
I'm hopeful that within the next few months we will be much better able
to generate timely and accurate financial information. In the
meantime, we had a strong 2nd quarter on the membership front (some of
which was no doubt due to the dues sale), so I'm cautiously optimistic
that the budget for the year will turn out ok.

Randy Bauer
USCF Finance Committee Chair


Famous last words.

How about making a bet?

If you are wrong, you drop out of the election race, and if you are
right, I drop out.

Fair deal?

Sam Sloan

  #5  
Old December 23rd 06, 07:31 PM posted to rec.games.chess.politics,rec.games.chess.misc
Randy Bauer
external usenet poster
 
Posts: 285
Default USCF still in the red


samsloan wrote:
Randy Bauer wrote:

Typically, December and January are pretty strong months, given Holiday
sales, Thanksgiving tournaments and some other big events, etc. There
has been a pretty lively discussion among several members heavily
involved in observing the USCF finances of late, including Joel
Channing, Mike Nolan, Grant Perks, Dr. Leroy Dubeck, Mike Carr, Tim
Redman, Donna Alarie, and me -- as well as Executive Director Bill Hall
and our new CFO, Joe Nanna.

Mr. Nanna is working to standardize and better automate reports, and
I'm hopeful that within the next few months we will be much better able
to generate timely and accurate financial information. In the
meantime, we had a strong 2nd quarter on the membership front (some of
which was no doubt due to the dues sale), so I'm cautiously optimistic
that the budget for the year will turn out ok.

Randy Bauer
USCF Finance Committee Chair


Famous last words.

How about making a bet?

If you are wrong, you drop out of the election race, and if you are
right, I drop out.

Fair deal?

Sam Sloan


Hardly a fair deal, since I've run well ahead of you in both of the
elections we have both contested. Besides, you don't even establish a
benchmark -- what would be the demarcation point?

You've already posted so much nonsense about USCF finances (such as
that virtually all the financial records for the last 7 years have been
destroyed) that I see no reason to debate them with you.

Randy Bauer

  #6  
Old December 24th 06, 12:46 PM posted to rec.games.chess.politics,rec.games.chess.misc
help bot
external usenet poster
 
Posts: 7,536
Default USCF still in the red


samsloan wrote:

Famous last words.

How about making a bet?

If you are wrong, you drop out of the election race, and if you are
right, I drop out.

Fair deal?


Well... okay, I guess. If you think you can beat me with that
bizarre Damiano suicide thing of yours, I pledge not to run for
USCF office, ever. But if I win, I don't want you to drop out. Oh
no! What I want is half the revenues from your Web sites --
ka-ching! After a couple of years, I can just buy the USCF
outright, and once I institute my new Perpetual ratings-Inflation
Super-System [****], membership numbers will likely double.
After that, it's nothing but black ink all the way.

Oh, wait -- were you by chance talking to Randy Bauer?
He's kind of busy right now. The regular Santa Claus fell ill
and they needed somebody to stand in, and since he already
was "in the red"....

-- help bot

 




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