Q3_Newsletter_2018_V2_022619

More documents

Recommendations

Info

2017 FINANCIAL REPORT by Eric Wank First off, the board would like to apologize for the delay on reporting out our 2017 Financial Report. With the change of Treasurers (and a period without one) it took some time to fully understand and catch up on our finances. We have began using an online accounting software that has really simplified and sped up our book keeping. <strong>2018</strong> is already reconciled and will be reported out in the Q1 <strong>Newsletter</strong>. 2017 Was an average year financially for us (see details on next page). On the whole, we ended up with a small loss of $61. Rebates from National came in at just over $3k, and significant income comes from Street Survial rebates; and we have to give a special thank you to Mr. Benet from Kauth & Mayeur for another generous donation making TRSS less of a financial burden on our club. We also want to thank our great advertisers, who help keep newsletter costs low. Speaking of newsletters, they are still quite a substantial cost at almost $3k. Although we’ve discussed going fully digital, the board voted to maintain our high end hard copy which you have all come to know and love. Event costs were over $4k, which we see as a good thing. Spending on events to benefit our members is what this club is all about. TRSS is the highest cost event, but as you already know much of it is offset. Other small fees are shown as well; we also now have a storage locker for all our club possessions. If anyone has any questions on our expenses, please reach out to us! CLASSIFIEDS 2003 E46 M3. 42370 miles. Adult Driven. Never Tracked. $25K Firm Rod bearing recall was done by BMW Dealer Certified MTech as soon as issued by BMW. S62 is tight and strong. Coveted stick. I know both prior enthusiast owners personally. Fresh Oil change and inspection by Isringhausen Imports 1/7/2019. Contact: cmp@ParksFamily.com E36 Sedan Clear Tail Lights Aftermarket, new in plastic. Located in Metamora, can meet in Peoria Area. $40 Contact Eric at: emwank@mtu.edu Ads may be posted by members at no cost. All ads must pertain to BMW oriented items. The Editor reserves the right to edit them. Email contact@illinibmw.com to submit an ad! 12
Miscellaneous Income & Expense Items Administrative Expenses 13
Page 1 and 2: BMW Car Club of America Illini Chap
Page 3 and 4: THANK YOU TO THE PEORIA CAR CLUB. T
Page 5 and 6: BMWs are an Experience, We make it
Page 7 and 8: 7
Page 9 and 10: ace car. Schleicher & Co. was a tun
Page 11: his car. All of the body parts were
Page 16: Illini BMW Chapter, Ltd. BMW Car Cl

Q3_Newsletter_2018_V2_022619

Create successful ePaper yourself

Delete template?

Save as template?