Treasurer's 2010 Report for January 3, 2011 board meeting

ASSETS

General Fund: 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."