2012 annual meeting presentation part 2
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Annual Meeting
The MSGA Welcomes you to the 2012
Today’s Golf Winners
MAINE STATE GOLF ASSOCIATION, INC.
ANNUAL MEETING AGENDA
Introductions, followed by Dinner
Call to Order by President Rondel Reynolds
Attendance shall be determined of authorized voting clubs
Review of 2011 minutes Annual Meeting and approval thereofAgenda:
Finance/Treasurer’s Report
MSGA Brian Bickford
Scholarship Fund Alan Bouchard
President’s Report, Rondel Reynolds
Executive Director’s Report, Nancy Storey
Election of Nominated Slate of Directors
Adjourn
Treasurer’s Reportby Brian Bickford
Maine State Golf Association, Inc. Statement of Financial Position, December 31, 2011 and 2010
Assets 2011 2010Current Assets:
• Cash and equivalents $ 504,790 $ 579,626• Other receivables 3,188 8,300
– Total Current Assets $ 507,978 $ 587,926
• Office Equipment and furniture 28,881 28,881• Building 563,916 --• Leasehold improvements -- 46,266• Accumulated depreciation (81,110) (58,145)
– Total property and equipment, net 511,687 17,002
Total Assets: $ 1,019,665 $604,928
Statement of Financial Position, 2011 and 2010
Liabilities and Net Assets 2011 2010Current Liabilities:
• Account payable $ 1,712 8,947 Vouchers payable 197,137 193,638
• Current portion note payable 13,612 --• Contributions payable: MGF -- 54,104• Deferred revenue -- 24,000• Other Liabilities 1,547 4,163
Total current liabilities 214,008 284,852Non-current liabilities:
• Long-term portion of note payable 433,090 --
Total liabilities $ 647,098 284,852Net Assets:
• Unrestricted 372,567 320,076• Restricted assets -- --
Total Net Assets 372,567 320,076Total Liabilities and Net Assets $ 1,019,665 604,928
Statement of Activities Years ended December 31, 2011 and 2010
• Unrestricted net assets 2011 2010– Revenues:
• Entry fees and other revenue $ 956,646 908,312• Other income 34,495 25,644• Net assets released from restrictions -- 3,023
Total revenues: $ 991,141 936,979– Expenses:
• Direct expenses 617,350 650,923• General and admin exp. 321,300 344,847
Total expenses: 938,650 995,770Increase/(Decrease) in unrestricted assets 52,491 (58,791)Net Assets, beginning of year 320,076 378,867
Net assets, end of year $ 372,567 320,076
Scholarship FundTreasurer’s Report
by Alan Bouchard
MSGA Scholarship Fund
MSGA Scholarship Fund
President’s Reportby Rondel Reynolds
Executive Director’s Report
by Nancy Storey
MSGA Business
–Old Business
–New Business
Nominating Committee Reportby Dan Hourihan, Chair, Nominating Committee
• Nominating committee report: Presentation of slate of Directors to be followed by election thereof. The number of directors will be the following 17 people:
Joe Alvarez (Penobscot Valley ) Brian Bickford (Val Halla )Alan Bouchard (The Woodlands Club) Marty Crowe (Northport )Marty Duffy (Old Marsh ) Erik Fitch (Castine) Jeff Harris (Sunday River) Dan Hourihan (Nonesuch River ) Scott Johnson (Val Halla ) Romeo Laberge (Biddeford-Saco)Michael Moore (Riverside) Michael Pearce (Portland)Mark Plummer (Augusta ) Rondel Reynolds (Mere Creek)Charlie Swett (Summit Springs ) Bob Timmins (Waterville CC)Lowell Watson (Portland )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
MSGA Business
–Adjourn
–Recognition of 2012 Champions
2012 MSGA Championship Winners
Club Team ChampionshipAugusta CC
Mark Plummer, Jim Quinn, Tom Bean, Jason Gall
Father-Son ChampionshipJon Martin & Greg Martin
Charlie’s Maine Open Amateur Champion – Jack Wyman
Sponsor – Charlie ShumanOverall Champion – Dustin Cone
Maine Pro Champion– Jeff Seavey
Maine Amateur ChampionshipSeth Sweet
B & C Championship
Maine Junior Championship
Maine Junior Championship
New England Junior Championship Team
Match Play Championship
Maine Senior Amateur
Two-Man Championship
Maine Mixed ChampionshipJohn & Emily Bouchard
Maine Tri-States TeamJudd Parsons, Mike Doucette, Joe Baker, Ashley Fifield, Brian Bilodeau, Matt Greenleaf, Curtis Jordan,
Andrew Slattery, Mike Doran, Mike O’Brien, Ron Dery, Lowell Watson, Joe AlvarezNot Pictured: Randy Berry, Reese McFarlane, Brad Smith
Senior Two-Man Championship
Mid-Amateur ChampionshipAshley Fifield
Maine USGA State TeamRicky Jones,
Jason Gall & Mark Plummer
USGA Pub Links QualifierBrian Bilodeau
• Shown here with Tri-State Partner Joe Alvarez at Jay Peak during Maine’s Tri-State Victory
2012 Player of the Year
Ricky Jones
2012 Senior Player of the Year
Lowell Watson
For attending the 2012 Meeting of the MSGA!We look forward to working with you in the future
for the betterment of the Game of Golf!
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