Executive director's comments.

Schiltz, Jack

Comments

This will be my last report as Executive Director. It has been a pleasure helping the organization grow into one of the outstanding state organizations in AAHPERD. I have included a historical perspective in my discussion as it might help you better appreciate your organization.

Investments

It is truly rewarding to see how an organization with a sound investment policy and fiscally conservative Board of Directors can increase the financial stability of an organization. If future Boards of Directors can support similar responsibility the organization will have over one million dollars in seven years. Before operational budgets are designed to draw from investment funds the million dollar goal should be met. One million dollars would give the organization approximately ten years to modify budgets and seek other means of income in the event that Hoops and Jump programs stop.

Operational Budget

The 2005-06 budget it no longer a balanced budget. The Board has voted to increase expenses $3,000 over income. Although this is a generally very unwise strategy, the design of the budget was difficult due to an assumption of having no expenses at the SD convention and not having a 2005 state convention. However, when expenses occurred, they were placed in the appropriate convention line for better future budget analysis.

Income:

The only discouraging thing of the income side of the budget is the membership line item. The $21,000 projected figure will be approximately $6,000 short unless registration at the SD convention is outstanding. All other line items are within reason and projected to be within budget.

Expenses:

Virtually all line items are within reasonable limits at the present time. More accurate calculations can be made after the Southern District convention where most expenses will be made.

Membership

Generally membership increases significantly at the state convention. As our state convention will be with the SD convention a fairer assessment can be made after the SD convention. Data bases have been created to make contact with every member, every public and private school in the state, and every Jump and Hoops coordinator, and every AAHPERD member. A new promotional brochure was developed by the membership committee. Members can now join on line.

If you know someone who is not a member tear out the membership form in this journal and give it to them. We need a membership twice as large as the present one. I look forward to seeing many of you at future conventions and wish you well in your quest to be master teachers and professionals.

Jack Schiltz

Executive Director Type Sept 01 Sept 02 Sept 03 Sept 04 Short term -- 54,699.31 58,618.75 60,589.68 Securities 313,982.87 246,254.13 310,570.00 349,917.23 Mays 5,008.52 5,417.99 5,820.44 5766.78 AIAW 20,034.07 21,671.97 23,281.83 23,820.44 Total 339,025.46 328043.42 398291.57 440094.13 Type Sept 05 Jan 06 Short term 62,634.58 64,319.00 Securities 400,790.97 433,923.00 Mays 5,927.88 6,050.00 AIAW 24,479.65 25,011.00 Total 493,833.08 529,312.00 Type 4-30-02 4-30-03 4-15-04 4-30-05 2-15-06 Associate 992 828 918 880 816 Student 308 249 262 180 160 Life 120 121 122 118 124 Total 1420 1198 1302 1178 1100