Treasurer's 2010 Report for January 3, 2011 board meeting
Oregon Community Credit Union checking $2688.99 *
Oregon Community Credit Union savings $5027.03
subtotal--General Fund $7716.02
Beryl Brinkman Memorial Funds (restricted):
Oregon Community Credit Union Beryl Memorial Fund $1888.07
Total Assets: $9604.09 *
* Check # 1113 for $100 has not yet been cashed, so OCCU checking balance shows
as $2788.99 and Totals as $9704.09.
Total Assets increased $1130.86 from January 1, 2010 to January 1, 2011.
NOTES FOR 2010:
Dorothy Soper projected 2010 dues at $1354. Actual dues received were $1354.98.
Way to go, Dorothy!
Calendar sales for 2010 were projected at $2200 (200 calendars at average $11
each). Income for 2011 calendars so far is $1953.56. Net for 2011 calendars so
far is $1085.56. Way to go, James!
Bluegrass fundraiser net was $321.67. Way to go, Shannon!
Nine people contributed a total of $241.25 to the General Fund.
Three donations totaling $170 were made to the Beryl Brinkman Memorial Fund.
Two distributions of $562 each were received from the Oregon Community Foundation
Beryl Brinkman Memorial Fund. Oregon Community Foundation advised in a December
9th letter that "at September 30, 2010, our year-to-date investment return was
5.1%, bringing the trailing one-year return to 9.2%. Investment markets continue
to be volatile, though, and in August OCF's board confirmed the payout rate from
permanent funds will remain at 4.5% for 2011. Because OCF calculates your fund's
annual distribution using the average value of the fund over a 13-quarter period,
your 2011 distribution may be lower than your 2010 distribution."