The MSGA Welcomes you to the 2013

Annual Meeting
MAINE STATE GOLF ASSOCIATION, INC.
ANNUAL MEETING AGENDA

The Annual Meeting of the Maine State Golf
Association, Inc. wil...
MAINE STATE GOLF ASSOCIATION, INC.
ANNUAL MEETING AGENDA

Reports:






Treasurer’s Report
MSGA Scholarship Fund
Exe...
MAINE STATE GOLF ASSOCIATION, INC.
ANNUAL MEETING AGENDA

 Old Business
 New Business
 Adjourn (At the conclusion of th...
Treasurer’s Report
by Brian Bickford
Maine State Golf Association, Inc.
Statement of Financial Position, December 31, 2012 and 2011

Assets

2012

2011

$188,0...
Maine State Golf Association, Inc.
Statement of Financial Position, December 31, 2012 and 2011

Property and equipment:
• ...
Statement of Financial Position, 2012 and 2011
Liabilities and Net Assets

2012

2011

Current Liabilities:
–
–
–
–
–

Acc...
Statements of Financial Position
Years ended December 31, 2012 and 2011

Liabilities and Net Assets
Net Assets:
• Unrestri...
Statement of Activity
Years ended December 31, 2012 and 2011
2012

2011

Revenues:
 Entry fees and other revenue
979,353
...
Statement of Activity
Years ended December 31, 2012 and 2011
2012

2011

Expenses:
 Direct Expenses
 General and admin. ...
Scholarship Fund
Treasurer’s Report
by Alan Bouchard
MSGA Scholarship Fund
Statement of Operations, December 31, 2012 and 2011

Income
 MSGA Contributions
 Outside Contribut...
MSGA Scholarship Fund
Statement of Operations, December 31, 2012 and 2011

Direct Expenses
 Scholarship Awards

Total Dir...
MSGA Scholarship Fund
Statement of Financial Condition, December 31, 2012 and 2011

Assets

2012

2011

 Cash – Checking
...
MSGA Scholarship Fund
Statement of Financial Condition, December 31, 2012 and 2011

Other Assets

2012

2011

 Mortgage R...
Executive Director’s
Report
by Nancy Storey
President’s Report
by Rondel Reynolds
Nominating Committee Report
by Dan Hourihan, Chair, Nominating Committee
Pursuant to the MSGA By-Laws, Section 5.02, the N...
MSGA Business

–Old Business
–New Business
MSGA Business
–Adjourn
–Recognition of 2013 Champions
2013 Club Team Champions
2013 Father-Son Champions
2013 Senior Two-Man Champions
2013 Amateur Champion
2013 Class B Champions
2013 Class C Champion
2013 Charlie’s Maine Open Champion
2013 Charlie’s Maine Open Amateur Champion
•Champion Tom

Bean with
Tournament
Sponsor Steve
Shuman
2013 Junior Champions
2013 Junior Champions

Congratulations
to all who
participated!
2013 Mixed Champions
O’ My!
2013 Senior Champion
2013 Match Play Champion
2013 Two-Man Champions
2013 Mid-Am Champion
2013 Tri-State Champions!

From left to right: Brian Bilodeau, Andrew Slattery, Craig
Chapman, Mike O’Brien, Joe Alvarez, ...
2013 Player of the Year
2013 Senior Player of the Year
For attending the 2013 Meeting of the MSGA!
We look forward to working with you in the future for the
betterment of the Ga...
2013 annual meeting presentation
2013 annual meeting presentation
2013 annual meeting presentation
2013 annual meeting presentation
2013 annual meeting presentation
2013 annual meeting presentation
2013 annual meeting presentation
Upcoming SlideShare
Loading in …5
×

2013 annual meeting presentation

230
-1

Published on

Published in: Sports, News & Politics
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
230
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

2013 annual meeting presentation

  1. 1. The MSGA Welcomes you to the 2013 Annual Meeting
  2. 2. MAINE STATE GOLF ASSOCIATION, INC. ANNUAL MEETING AGENDA The Annual Meeting of the Maine State Golf Association, Inc. will be held at Maine Golf House in Cumberland, Maine, on Thursday, October 10, 2013 at 6 PM. The Order of Business shall be as follows:  Call to Order by President Rondel Reynolds  Attendance shall be determined by authorized voting clubs  Acceptance of minutes of 2012 Annual Meeting
  3. 3. MAINE STATE GOLF ASSOCIATION, INC. ANNUAL MEETING AGENDA Reports:      Treasurer’s Report MSGA Scholarship Fund Executive Director’s Report President’s Report Nominating Committee report Brian Bickford Alan Bouchard Nancy Storey Ron Reynolds Dan Hourihan
  4. 4. MAINE STATE GOLF ASSOCIATION, INC. ANNUAL MEETING AGENDA  Old Business  New Business  Adjourn (At the conclusion of the evening’s program, the Board of Directors will convene to elect officers for a two year term.)  Recognition of Champions  Special Recognition
  5. 5. Treasurer’s Report by Brian Bickford
  6. 6. Maine State Golf Association, Inc. Statement of Financial Position, December 31, 2012 and 2011 Assets 2012 2011 $188,006 3,232 875 $504,790 2,790 398 350,000 -- Current Assets:  Cash and equivalents  Other receivables  Prepaid Expenses  Investments Total Current Assets $542,113 $507,978
  7. 7. Maine State Golf Association, Inc. Statement of Financial Position, December 31, 2012 and 2011 Property and equipment: • Office equipment/furniture 30,107 • Building & Improvements 568,987 • Landscape improvement 25,000 • Accumulated depreciation (95,478) Total property and equipment, net 528,616 2012 Total Assets: $1,070,729 28,881 563,916 -(81,110) 511,687 2011 $1,019,665
  8. 8. Statement of Financial Position, 2012 and 2011 Liabilities and Net Assets 2012 2011 Current Liabilities: – – – – – Account payable Vouchers payable Current portion note payable Due to Scholarship Fund Other Liabilities Total current liabilities 14,335 194,102 13,143 26,100 4,290 1,712 197,137 13,612 -1,547 251,970 214,008 Non-current liabilities: – Long-term portion of note payable Total noncurrent liabilities Total Liabilities 418,782 433,090 418,782 433,090 $670,752 $647,098
  9. 9. Statements of Financial Position Years ended December 31, 2012 and 2011 Liabilities and Net Assets Net Assets: • Unrestricted • Temporarily restricted • Permanently restricted Total Net Assets 2012 399,072 905 -399,977 2011 372,567 --372,567 Total liabilities and net assets: $1,070,729 $1,019,665
  10. 10. Statement of Activity Years ended December 31, 2012 and 2011 2012 2011 Revenues:  Entry fees and other revenue 979,353  Other income 42,635  Net assets released from restriction -- 956,646 34,495 -- Total revenues and net assets released from restrictions $1,021,998 $991,141
  11. 11. Statement of Activity Years ended December 31, 2012 and 2011 2012 2011 Expenses:  Direct Expenses  General and admin. expenses 707.012 288,471 660,607 278,043 Total Expenses 995,483 938,650 26,505 52,491 905 -- 27,410 $372,567 52,491 $320,076 Increase in unrestricted net assets Temp restricted net assets: Total change in net assets Net assets, beginning of year Net assets, end of year: $399,977 $372,567
  12. 12. Scholarship Fund Treasurer’s Report by Alan Bouchard
  13. 13. MSGA Scholarship Fund Statement of Operations, December 31, 2012 and 2011 Income  MSGA Contributions  Outside Contributions  Interest Income  Realized Gain/Loss on Investments  Mortgage Interest Income Total Income 2012 $76,000 21,371 5,616 18,799 23,830 2011 $70,000 8,758 9,096 33,284 5,611 145,616 126,749
  14. 14. MSGA Scholarship Fund Statement of Operations, December 31, 2012 and 2011 Direct Expenses  Scholarship Awards Total Direct Expenses 2012 57,800 2011 53,700 57,800 53,700 -2,022 -(167) 96 651 1,000 3,174 1,129 334 -1,021 2,602 6,658 85,214 66,391 Expenses • • • • • • Contributions Investment Management Fees Annual Banquet Insurance Foreign Tax payments Outside Services Total Expenses Net Increase in Assets
  15. 15. MSGA Scholarship Fund Statement of Financial Condition, December 31, 2012 and 2011 Assets 2012 2011  Cash – Checking  Cash – MMA 52,413 741 108,271 741 53,154 109,012 366,601 244,418 (a) Total Cash Investments • Investments HM Payson Total Investments 366,601 244,418 (a) 2011 Investments were held by Commonwealth Financial
  16. 16. MSGA Scholarship Fund Statement of Financial Condition, December 31, 2012 and 2011 Other Assets 2012 2011  Mortgage Receivable  Due from the MSGA 431,925 26,000 446,702 -- Total Other Assets TOTAL ASSETS 457,925 872,311 446,702 800,132 872,311 5,369 787,098 13,034 Liabilities & Fund Balances • Fund Balance Unrealized Gain/Loss on Investments Total Liabilities & Fund Balance: $877,680 $800,132
  17. 17. Executive Director’s Report by Nancy Storey
  18. 18. President’s Report by Rondel Reynolds
  19. 19. Nominating Committee Report by Dan Hourihan, Chair, Nominating Committee Pursuant to the MSGA By-Laws, Section 5.02, the Nominating Committee of the Maine State Golf Association, Inc. has fulfilled its obligations in presenting its list of nominations in writing to the Board of Directors not later than 30 days prior to the Annual Meeting. By Consensus, the Committee selections for nomination for the Maine State Golf Association year 2013-2014 Board of Directors are: Joe Alvarez Alan Bouchard Marty Duffy Dan Hourihan Michael Moore Mark Plummer Bob Timmins Brian Bickford Marty Crowe Jeff Harris Romeo Laberge Michael Pearce Charles Swett Lowell Watson The Nominating Committee recommends there be three additions of Directors, for a total of 17. Openings will be filled in accordance with the By-Laws, with the approval of the MSGA Board of Directors, until the next Annual Meeting. Motion to accept the Nominating Committee report & elect the slate of Directors
  20. 20. MSGA Business –Old Business –New Business
  21. 21. MSGA Business –Adjourn –Recognition of 2013 Champions
  22. 22. 2013 Club Team Champions
  23. 23. 2013 Father-Son Champions
  24. 24. 2013 Senior Two-Man Champions
  25. 25. 2013 Amateur Champion
  26. 26. 2013 Class B Champions
  27. 27. 2013 Class C Champion
  28. 28. 2013 Charlie’s Maine Open Champion
  29. 29. 2013 Charlie’s Maine Open Amateur Champion •Champion Tom Bean with Tournament Sponsor Steve Shuman
  30. 30. 2013 Junior Champions
  31. 31. 2013 Junior Champions Congratulations to all who participated!
  32. 32. 2013 Mixed Champions O’ My!
  33. 33. 2013 Senior Champion
  34. 34. 2013 Match Play Champion
  35. 35. 2013 Two-Man Champions
  36. 36. 2013 Mid-Am Champion
  37. 37. 2013 Tri-State Champions! From left to right: Brian Bilodeau, Andrew Slattery, Craig Chapman, Mike O’Brien, Joe Alvarez, Curt Jordan, Mike Doran, Matt Creenleaf, Jim Van Fleet, Gary Manoogian, Mark Plummer, Jack Wyman, Ricky Jones and Lowell Watson.
  38. 38. 2013 Player of the Year
  39. 39. 2013 Senior Player of the Year
  40. 40. For attending the 2013 Meeting of the MSGA! We look forward to working with you in the future for the betterment of the Game of Golf!
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×