Issue link: http://read.dmtmag.com/i/581284
Fall 2015 — www.ncsf.com 9 3. Personal days must be requested and approved by the manager five working days ahead of time, or at the manager's discretion. Motion adopted 11- 0. The Board went into Strategic Planning. Recessed at 5 p.m. Friday, Sept. 18, 2015 Meeting was called to order at 8:15 a.m. in the home office board room by President Margaret Schmitt. Opening prayer and Pledge of Allegiance were said. Roll call was taken. Present were National President Margaret "Peggy" Schmitt, National Vice President Sally Egan, National Secretary Catherine "Cathy" Hensel, National Treasurer Lisa Bickus; and National Directors David Bonacker, Terence "Patrick" Coleman, Jeanne Filipp, Rosalie Pyle, Sandra Troyanoski, Maria Tupaz and Jane Uselman. Finance Committee presented and reviewed the NCSF Investment Guideline Verification and State of Illinois Investment Limitations Verification. Motion by the Finance Committee represented by Maria Tupaz that the NCSF Investment Guideline Verification and State of Illinois Investment Limitations Verification be approved as presented. Motion adopted 11 yes - 0 no. The Board went into Strategic Planning. Meeting adjourned at 2:15 p.m. Fraternally submitted, NATIONAL SECRETARY CATHERINE HENSEL A full report of the Approved BoArd Minutes is AvAilABle in the office of the nAtionAl secretAry, 1-800-344-6273. NCSF INCOME STATEMENT FOR THE SIX MONTHS ENDED JUNE 30, 2015 Premium & Annuity Considerations $2,751,593 Net Investment & Miscellaneous Income 4,019,967 _______ TOTAL INCOME 6,771,560 ________ Claims/Benefits Paid 4,827,419 Expenses 2,242,151 Change in Benefit Reserves (403,223) _______ TOTAL EXPENSE 6,666,346 ________ NET GAIN/(LOSS) FROM OPERATIONS 105,214 Less Refunds to Members Incurred 221,862 Plus Net Realized Capital Gain/(Loss) 309,031 _______ NET INCOME/(LOSS) $192,383 ________ ________ Like us on Facebook! Each quarter we will have a random drawing for great NCSF gear and giveaways! CONGRATULATIONS to 4th Quarter Winner Jennifer Opera! Jennifer won a first aid kit with an NCSF emblem! St. Rita Court 622, Iowa City, IA For Join Hands Day, the ladies from St. Rita Court 622 helped out with a Bingo party and refreshments at Lantern Park Nursing Home. Above, l-r: Pat Harney, Mary Hunt, Lois Gerard, Marge Daniels. ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê ê Members' Moments & Milestones Member Caitlin Schmitt from St. Mary Court 868 of Muscoda, WI gives us a big, happy, ogre grin! Caitlin was in the cast for the local show, "Shrek the Musical".