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Discussion Topic:
Clarity on 35-36 Pickup Book
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MG |
01-18-2012 @ 12:27 PM
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Senior
Posts: 1255
Joined: Nov 2009
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I would take satisfaction in the knowledge that Jerry Grayson and Lawson Cox were well compensated by the Club for the work they did and that Jerry Windle is paid a decent salary plus a yearly bonus for the excellent job he does with the V8 Times. Seems to me the Club can at least afford this.
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deuce_roadster |
01-17-2012 @ 8:57 PM
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Member
Posts: 284
Joined: Oct 2009
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I have been a member since 1973 so I'm not the oldest old timer but I have been in the club a long time. I think a lot more needs to be known about the 400k figure. Is it genuine, how would anyone but the National treasurer know? Our Non profit RG ends up paying IRS taxes on carry over money. If the 400k figure is true, it would be important to know when during the year that amount of money was in the bank. If it was the end of the year that would be different then if it was from the first quarter and large expenses such as printing the V8 Times and postage for the year, insurance for RGs and National Meets would be coming due etc. It is a fine line to walk to run something as big as the National Club as a non profit I am sure. I would think minimal carryover would be the goal but if it is 400k that is a bit excessive. And if it is 400k being carried over then I think it is encumbant of the directors to use the money for the club instead of trying to amass a huge nest egg. So I would be of the mind that even if printing the Pickup book would "lose" money, we should do it. The money is "made" to be used for the members. Even if there seems to be a low number of these trucks in the club right now, we have no way of knowing what future members might be interested in. The printed resources of this club is what is going to save these vehicles that are left. The existing books, ones on the way like the 40 book and the V8 Times are fabuolus resources full of knowledge gleaned over the club's liftime. We should continue adding to it with books such as the Pickup book. It goes to the core reasons this club exists. My 2 cents.
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34Pha&35Cab |
01-17-2012 @ 5:50 PM
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Member
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Joined: Oct 2009
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How many EFV8C members would rather see their dues go towards building a hugh bank account, to end up ????, than to have the money educate ourselves, through quality books, published by the EFV8C ? Where is this $400,000.00 going to end up anyway ? 34Pha&35Cab
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JM |
12-30-2011 @ 8:34 AM
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Senior
Posts: 822
Joined: Oct 2009
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TomO's assessment is an opinion based on an assumption. The EFV8 Club collects yearly dues that should cover the yearly expenses he mentions. The $400k sounds like a separate kitty/account to me. As a member of a supposedly 'non profit organization' I would really like to see a fully detailed disclosure of the clubs yearly income, all of it's expenses and account holdings. Questions on the '35-'36 PU Book decision and club financial position will be good questions to be asked and hopefully honestly answered at the President's meetings during the 2012 National Meets.
JM
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nelsb01 |
12-22-2011 @ 11:45 AM
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Senior
Posts: 982
Joined: Oct 2009
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TomO has a much better assessment to the issue than this article.
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MG |
12-22-2011 @ 10:35 AM
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Senior
Posts: 1255
Joined: Nov 2009
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This article may be pertinent to this discussion/thread. See: http://blog.hemmings.com/index.php/2011/10/13/horseless-carriage-clubs-non-profit-status-threatened/?refer=news
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TomO |
12-19-2011 @ 1:35 PM
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Senior
Posts: 7253
Joined: Oct 2009
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When you consider that the Club has to pay for more than 10,000 magazines every other month, $400,000 doesn't seem like a lot of money, more like about 1.5 years worth of expenses for the V-8 Times. Then you have all of the other books and their expenses, meeting expenses, etc
Tom
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alanwoodieman |
12-19-2011 @ 8:31 AM
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Senior
Posts: 868
Joined: Oct 2009
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here is a question from the owner of a 36 pick-up that maybe the book would have answered-we know the truck to a 36-but it has a lot of 35 parts on the front end-one fender, the hood, grill sh*ll-question did 36 fender have a rolled reveal similar to the outer lip of the fender around the opening for the bumper braces? and 35 did not?
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JM |
12-17-2011 @ 8:39 AM
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Senior
Posts: 822
Joined: Oct 2009
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I have read every post that has been made on this subject on all of the websites that I frequent. All I will say is I sure hope the existing EFV8 Club officers will make a statement in the V8 Times or by letter to all the regional groups fully explaining their reasons for abandoning the '35-'36 Pickup Truck Book. I would also like to see some type of response relative to this $400,000.00 in club funds I keep reading about. I would say that if these issues are not clarified, then the reputation of the EFV8C/A will be permanently damaged in the eyes and mind of this long term member.
JM
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keith oh |
12-17-2011 @ 8:08 AM
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New Member
Posts: 116
Joined: May 2010
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THANK YOU Supereal and Trjford8 for bringing some common sence into this discussion. I have a hard time feeling that the BOD, all at once, decided to drop this project without a lot of consideration. I am sure they will re consider if they feel it is for the good of the V/8 club and it's members.
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