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2007 Year In Review Message

Started by ♠SARKID♠, January 16, 2008, 05:47:35 PM

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♠SARKID♠

http://www.cap.gov/documents/CAP_Year_in_Review__2007.pdf

QuoteRevised policy on CAP fundraising to prohibit gaming – reducing uncontrolled exposure.
I didn't quite understand what they meant by this.  Are they talking about actual video games like the flight sim addon?  Or did we open a casino somewhere  :D

Pylon

They're prohibiting CAP squadrons from running gambling operations.... Bingo, pull tabs, poker nights, Texas Hold 'Em tournaments, casino nights, etc.

There are some squadrons that do operate things like bingo and pull-tabs, and make tens of thousands of dollars a year doing it.  Like Tyler Composite Squadron (link to PDF of their squadron's 2005 IRS Form 990, see page 13).
Michael F. Kieloch, Maj, CAP

NIN

Quote from: Pylon on January 16, 2008, 06:24:41 PM
They're prohibiting CAP squadrons from running gambling operations.... Bingo, pull tabs, poker nights, Texas Hold 'Em tournaments, casino nights, etc.

There are some squadrons that do operate things like bingo and pull-tabs, and make tens of thousands of dollars a year doing it.  Like Tyler Composite Squadron (link to PDF of their squadron's 2005 IRS Form 990, see page 13).

jeebus!  They grossed over $600,000!  YOWZA!

EDIT: Forgive me if I'm a little slow on this.. But they grossed over $600,000 just to make $12K?

Am I reading that right?  If so, my unit has $6500 in the bank and we didn't have to make $300,000 to do so. Bingo doesn't pay, it seems, really.

;D


Darin Ninness, Col, CAP
I have no responsibilities whatsoever
I like to have Difficult Adult Conversations™
The contents of this post are Copyright © 2007-2024 by NIN. All rights are reserved. Specific permission is given to quote this post here on CAP-Talk only.

Pylon

Quote from: NIN on January 16, 2008, 06:32:20 PM

jeebus!  They grossed over $600,000!  YOWZA!


Well, the vast majority of that seems to be "pass through".  In other words, they're buying the bingo tabs and selling them for a higher price.  A lot apparently was given away for bingo prizes, as well, since they were $30k in the hole on bingo games that year (but luckily made it up in tab sales)

In the end, they're only profiting $12k/year from that operation.

EDIT:  Yeah, a lot of money out.  I'm guessing that the tab company foots the prizes, maybe, and the squadron pays say $X per bingo tab and the squadron sells them for $X+1 - so in high volume, those types of transactions drive up your gross income and expenses.  Always look for the bottom line.   8)
Michael F. Kieloch, Maj, CAP

mikeylikey

QuoteCAP's role in the Steve Fossett search brought overwhelmingly positive world-wide media attention to our organization.

-Some negative since CAP was the "front-agency" and we did not locate him!

Quote• Blizzard SAR efforts in Colorado, Kansas, and Oklahoma took CAP to new heights by providing airborne reconnaissance.

-Umm  Other Wings routinely do recon missions that average hours those wings would never dream of

Quote• CAP provided transnational threat-reconnaissance for Joint Task Force North and the U.S.  Coast Guard helping to ensure the integrity of our borders.

-Really, thats news to me!

Quote• Every CAP region took part in Wreaths Across America by sponsoring and placing more than 6,000 wreaths at veteran cemeteries nationwide.

-What was the cost per wreath?  It is a noble cause, but the costs may outweigh the benefits.  Plus I think I read that not every veteran received a wreath depending on their religion, but they did not receive something other in it's place.  That is a shame!

Quote• Over 98,000 viewers "attended" our various national events via live-streaming; more than doubling last year's attendees.

-Ummm ya here is a question........ WHAT?!?!  When we could actually "connect" or the server was not down, or the "town-hall" meetings were not broadcast.  Why bother sending it out, if they won't show it all, and people can't even connect to it.  

Quote• CAP was the subject of over 17,000 media inquiries; up from 10,000 in 2006. Our story is getting out!

-One reason......TP.  I guarantee the numbers drop back to 10,000 in 2008!

Quotecapchannel.com website logged almost 400,000 visitors; a 50% increase from last year!

-Is this site even updated?!?  

Quote• CAPNews On-line again received over one million hits.

- Of course it did, because if you go to CAP.gov, and want to see the news of the day you just click on one of the links displayed in the center of the page.  I think their numbers are "beefed up" here.  I read the news there, but everytime I click the back button, scroll to a new tagline and click it, that most likely counts as another HIT.

And Finally.....

Quote• The new Volunteer Support to Air Force (VSAF) initiative allows CAP to work along side Air Force person in various career fields.

-OK.  the program was just announced in 2008.  There are no guidelines, 2 bases will be involved, clearly not a 2007 initiative on a National Scale.  I can't wait to work alongside a Air Force Person, in various Career Fields!  Oh right.....probably not coming to a town near ANY OF US!    Thanks for beefing up the end of year "report" NHQ.

Now if we can actually see some documentation for these claims that would be great.
What's up monkeys?

captrncap

Quote• The "Commander's Guide to Finance" provides CAP Commanders with the knowledge to assume fiscal responsibility.

Anyone get this????

mikeylikey

^ Nope.  But why do we need it anyway when we have a Wing Banker Program book?? 

What's up monkeys?

captrncap

Quote from: mikeylikey on January 16, 2008, 08:56:40 PM
^ Nope.  But why do we need it anyway when we have a Wing Banker Program book?? 

The WBP is only to write checks, document accounts, etc. not make sure the Squadron/Group using the money wisely.

That's what I think the guide is meant to illustrate.


RiverAux

The wreaths program doesn't cost CAP anything.  The company donates and ships the wreaths out to the units. 

mikeylikey

^ Thats awesome then!  I must have missed that when reading about the program.  Thanks! 
What's up monkeys?

Tim Medeiros

Quote from: mikeylikey on January 16, 2008, 06:44:14 PM
Quote• The new Volunteer Support to Air Force (VSAF) initiative allows CAP to work along side Air Force person in various career fields.

-OK.  the program was just announced in 2008.  There are no guidelines, 2 bases will be involved, clearly not a 2007 initiative on a National Scale.  I can't wait to work alongside a Air Force Person, in various Career Fields!  Oh right.....probably not coming to a town near ANY OF US!    Thanks for beefing up the end of year "report" NHQ.

Now if we can actually see some documentation for these claims that would be great.

Yes, the program may have been announced in 2008, however I'm sure there has been extensive planning before then and not just a "hey, I think I'll post this for the heck of it" type of deal.
TIMOTHY R. MEDEIROS, Lt Col, CAP
Chair, National IT Functional User Group
1577/2811

mikeylikey

^ Yes but the letter was supposed to be accomplishments in 2007, not "things planned in 2007 for implementation in 2008".



What's up monkeys?

jeders

Quote from: Pylon on January 16, 2008, 06:24:41 PM
They're prohibiting CAP squadrons from running gambling operations.... Bingo, pull tabs, poker nights, Texas Hold 'Em tournaments, casino nights, etc.

There are some squadrons that do operate things like bingo and pull-tabs, and make tens of thousands of dollars a year doing it.  Like Tyler Composite Squadron (link to PDF of their squadron's 2005 IRS Form 990, see page 13).

Lubbock Composite Squadron used to have bingo, that's why we have something like $10,000 available and another $70,000 or so in a CD. It'd be nice to have bingo and other gaming methods back, but we can make money other ways.
If you are confident in you abilities and experience, whether someone else is impressed is irrelevant. - Eclipse

FW

Quote from: jeders on January 17, 2008, 04:03:42 AM
Quote from: Pylon on January 16, 2008, 06:24:41 PM
They're prohibiting CAP squadrons from running gambling operations.... Bingo, pull tabs, poker nights, Texas Hold 'Em tournaments, casino nights, etc.

There are some squadrons that do operate things like bingo and pull-tabs, and make tens of thousands of dollars a year doing it.  Like Tyler Composite Squadron (link to PDF of their squadron's 2005 IRS Form 990, see page 13).

Lubbock Composite Squadron used to have bingo, that's why we have something like $10,000 available and another $70,000 or so in a CD. It'd be nice to have bingo and other gaming methods back, but we can make money other ways.

The problem was a few squadrons were not reporting "Non related business income" to the IRS.  This was a very bad thing.  Fortunately, for CAP, the IRS was kind and only demanded the back taxes.. no interest or penalties.  One individual responsible was sentenced to 10 years probation and ordered to repay CAP.  It's better we left this type of game to others.

jeders

Quote from: FW on January 17, 2008, 04:14:44 AM
Quote from: jeders on January 17, 2008, 04:03:42 AM
Quote from: Pylon on January 16, 2008, 06:24:41 PM
They're prohibiting CAP squadrons from running gambling operations.... Bingo, pull tabs, poker nights, Texas Hold 'Em tournaments, casino nights, etc.

There are some squadrons that do operate things like bingo and pull-tabs, and make tens of thousands of dollars a year doing it.  Like Tyler Composite Squadron (link to PDF of their squadron's 2005 IRS Form 990, see page 13).

Lubbock Composite Squadron used to have bingo, that's why we have something like $10,000 available and another $70,000 or so in a CD. It'd be nice to have bingo and other gaming methods back, but we can make money other ways.

The problem was a few squadrons were not reporting "Non related business income" to the IRS.  This was a very bad thing.  Fortunately, for CAP, the IRS was kind and only demanded the back taxes.. no interest or penalties.  One individual responsible was sentenced to 10 years probation and ordered to repay CAP.  It's better we left this type of game to others.

Which is why I said it'd be nice to have it back, not that we should necessarily have it back. Unfortunately there are some people that just don't handle money properly.
If you are confident in you abilities and experience, whether someone else is impressed is irrelevant. - Eclipse

Slim

Quote from: RiverAux on January 16, 2008, 11:11:53 PM
The wreaths program doesn't cost CAP anything.  The company donates and ships the wreaths out to the units. 
Quote from: mikeylikey on January 17, 2008, 01:44:06 AM
^ Thats awesome then!  I must have missed that when reading about the program.  Thanks! 

To expand just a little. 

The wreaths themselves didn't cost CAP anything.  Sponsoring a wreath (actually, purchasing one to be placed) cost the donor $15.00.  Of that, the selling unit got $2.00 back per sponsorship sold.

Worcester Wreath Company paid/donated the shipping from the factory to the cemeteries.


Slim