Volume 2011, Issue 1 - PHCC Ohio

Website- Consumer tips section is in the planning stagesand should be on-line soon. We’ll be emphasizing using aprofessional, licensed, insured, PHCC member and offer varioustips on selecting and working with a PHC professional.Facebook Page: PHCC Ohio now has an official FacebookPage. Another resource to provide information and updates toour members. Please follow us!PHCC Truck of the Month- in order to promote PHCC, we’reasking members that are displaying the logo on their servicevehicles to submit a photo with company info that will be placeon the home page of our website. To date, Schlueter Plumbing(Jan), Joe Schmitt and Sons (Feb) and Approved Plumbing(Mar) have been featured.TREASURER’S REPORT- Greg Faustina, TreasurerThe goal of the Treasurer, with the help of the executivecommittee, board and executive director, are to enhance theincome of the organization while concurrently minimizingexpenses. The year ended with a deficit with the economy stillhaving its effect. State-sponsored education was reduced, CDinterest rates were down, Bond Program revenues were downalong with royalties and investments. A full report is available tomembers upon request.Preliminary Year End ReviewStatements of Revenue & ExpensesDecember 31, 2010 and 2009REVENUES 2010 2009Dues $154,474 $141,130Ohio Convention $ 10,000 $ 12,500Seminars/Member Srvs $ 24,294 $ 31,151Bond Program $ 61,369 $ 80,103Interest & Dividends $ 1,224 $ 6,900Investment Inc $ 23,904 $ 46,299Workers’ Comp Program $ 25,392 $ 18,242Royalties $ 19,091 $ 24,575Other $ 2,725 $ 5,697TOTAL REVENUE $322,473 $366,597EXPENSESAdministrative Expenses $132,074 $160,635Program Expenses $109,454 $127,118National Dues $ 91,548 $ 91,035TOTAL EXPENSES $333,075 $378,788INCOME Before Federal Income Tax ($10,602) ($12,191)FUND BALANCEEnd of Year $261,658 $272,260INVESTMENT COMMITTEE - Paul Swan, ChairmanThe Investment Committee and Board met with PeterDrake, Investment Advisor, over the past year to review ourholdings, and assess the future outlook. Given the continuationwith the economy, our portfolio has done as well as can beexpected.The Committee has not changed our basic policy ofmaintaining a prudent level of risk with our reserves. Whilenever satisfied with our gains compared to levels that havebeen achieved by some other more aggressive portfolios, ourconservative approach provided a positive level of return in2010. The Committee will make adjustments with the approvalof the Board of Directors and will continue to monitor ourholdings, and make further adjustments as time goes on.CHAPTER NEWSZONE 2- DAYTON PHCC- Ron Schmitt, Director16 Contractor Members /5 Associate Members3 Retired / 2 Inspectors (advisory members)Membership Efforts: We host an annual Products Show thatattracts prospective members. We also invite area contractors tothe event and recruit from this event.Member Recognition: Don Voight was recognized for hisefforts on the conjoined-twins home project.Education: We continue to make it our goal to provide at least10 CEU credits per year for members. One of our best attendedmeetings was a presentation by the Ohio State Highway Patrolon the upcoming PUCO motor carrier rules.Special Events/Community Service: Held our 5th AnnualProducts Show. Provided a kitchen and bath remodel forworld’s oldest conjoined twins. The project was featured on theTLC cable channel with some of our members appearing on theshow.Issues: Concerned about the PUCO motor carrier rules.ZONE 3- Cincinnati MPA- Brian Nieman, Director89 Contractor Members / 38 Associate MembersMembership Efforts: Continue to work with Associatemembers to recruit new members. The Chapter is offering $100for every new contractor member recruited.Member Recognition: Jim Siler, Wolverine Brass was awardedthe Herbert J. Vonderheide Award for service to the PHCindustry in Cincinnati.Education: Marty Grunder spoke in April on “How to Leadin Lean Times,” and Robert Stinton spoke in May on “SalesStrategies.”26 OHIO PHC CONTRACTOR • Volume 2011, Issue 1