PROPOSED BY LAW CHANGES
( Continued
from previous page )
ARTICLE III MEMBERSHIP SECTION 6
Currently reads:
A member in good
standing shall be entitled to receive the “FSHPA Inc. Newsletter”
Proposed Change:
Remove section 6 in its entirety.
Reason: Due to the increase cost of mailing and printing the newsletter
the Association may have to charge for the publication (or opt out) to members
that do not subscribe to the newsletter off the website.
Submitted by: Bob Hilpertshauser
_______________________________________________________________________________________
ARTICLE V ELECTED OFFICERS SECTION 2.C.2.
Currently reads:
2. keep records of all monies received and disbursed, provide a
written statement of same; quarterly to
the Executive Council
and annually to the membership.
Proposed
Change:
2. keep records of all monies received and disbursed,
provide a written statement of same; quarterly to
the Executive Council
and annually to the membership. Fiscal
year is defined as April 1 of previous
year to March 31 of
the current year.
Reason: Define fiscal year of FSHPA. Should be defined
in By-Laws.
_____________________________________________________________________________________________________________________
DECEMBER 31, 2010 END OF YEAR REPORT
LIABILITIES AND NET ASSETS
TOTAL
CURRENT LIABILITIES $6,009.04
$6,000.00 held for scholarships and
$9.04 Management Fees
LONG-TERM
LIABILITIES
TOTAL LONG-TERM LIABILITIES
____0.00
TOTAL LIABILITIES _6,009.04
NET ASSETS
Unrestricted _9,314.42
Increase (Decrease) in net assets _1,539.22
TOTAL NET ASSETS 10,853.64
TOTAL LIABILTIES AND NET ASSETS $16,862.68