#15 - Course Conditions - Winter 2011-12

Page 17

Course conditions | WINTER 2011/12

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M i GCSA A n n u a l M e e t i n g current assets are MiGCSA Checking $62,699.72, Accounts Receivable $2,475.00 and Website Development $27,733.75 for a total of $92,908.97 in current assets.

The MiGCSA Annual Meeting was held in the Vandenburg B room at the Amway Grand in Grand Rapids on January 10th at 5:00. Some of the highlights of the meeting were the elections of officers and new board members, please see page 26 for more information on these newly elected members. A change to the MiGCSA Bylaws was approved, this change deletes the Foundation Committee and replaces them with a Foundation Board of Directors comprised of the same officers as the Association, this change was to gain compliance with the 501 c3 requirements of a non-profit organization. Some of the communication efforts from the MiGCSA are this magazine Course Conditions printed quarterly which is also available in digital form, now with clickable links to more information The Membership Directory now being printed in winter, also available in digital form. The monthly News and Updates email which increases web site traffic by 60%. The MiGCSA Facebook page has 210 followers and the Twitter feed has 93 followers and 337 tweets in 2011. The financial report is as follows. The MiGCSA Income came from 3 sources Industry Partnership: $89,620.00, Membership Dues: $50,186.00 and Event Registration Fees: $26,365.00 for a total income of $166,171.00. This was with Expenses from Operating: $90,490.64, Event Expense: $24,066.12 and Magazine: $19,434.86 for a total of $133,991.62. The MiGCSA had a net of $32,179.58 in 2011. The

The Foundation report has the following income sources Foundation Sponsorship: $22,650.00 and Fundraiser Registration: $45,687.50 for a total income of $68,337.50. With a total expense of $ 36,529.31 the foundation raised $31,808.19 in 2011 and with the addition of $3,436.51 carryover from 2010 the MiGCSA Foundation account has $35,244.70. The dispersion of the Foundation funds are as follows, Heritage Scholarships: $4,000, Student Scholarships: $3,000, MSU Turf Club Donation: $1,000 and an MTF Donation of $25,000 the Foundation account will have $2,244.70 to start 2012. The MiGCSA wants to thank Scott Pulaski and Rick Hakken who finished their 6 years as MiGCSA Board Members for their service to the industry. Also a huge thank you the 2011 Industry Partners as none of this is possible without their support, please help us thank these companies by supporting them the way they support you.

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