Executive Vice President - 2008/07
Doug Holland; [email protected]
Doug Holland 3517 Fernwood Dr. Raleigh NC 27612 Home: (919) 787-5163 Work: (919) 781-7550
THIS MONTH I am presenting the Statement of Activities from the 2007 audit report. Items to note:
Deficiency of Revenue over Expenses from Operations $(1,010,948) Other Revenue (Expenses) - Net 1,023,208 12,260
The $12,260 is the net loss from operations. The Schedule of Other Revenue (Expenses) - Net presents the sources of funds that cover the loss from operations. These funds keep AMA from having to increase your dues annually.
The complete financial statements may be found on the AMA Web site in the "Members Only" section.
A-B-C Always Be Courteous. Until later.
Transcribed from original scans by AI. Minor OCR errors may remain.
