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SHRINERS INTERNATIONAL PROPOSED PER CAPITA TAX INCREASE

SHRINERS INTERNATIONAL PROPOSED PER CAPITA TAX INCREASE . We Have An Important Request…. To protect the future of our organization; To assist in overcoming the membership challenges that we have been facing for over 30 years. To keep us financially strong WE NEED YOUR SUPPORT!.

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SHRINERS INTERNATIONAL PROPOSED PER CAPITA TAX INCREASE

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  1. SHRINERS INTERNATIONALPROPOSED PER CAPITA TAX INCREASE

  2. We Have An Important Request… To protect the future of our organization; To assist in overcoming the membership challenges that we have been facing for over 30 years. To keep us financially strong WE NEED YOUR SUPPORT!
  3. Here Are The Facts… FACT #1: Shriners International’s only sources of income are derived from investments and the per capita tax of $15 per noble. Shriners International operates solely from these two sources of income.
  4. No Fundraising Shriners International has refrained from national fundraising for one simple reason… Not to hurt your local fundraising efforts by taking any donations away from your local temple.
  5. FACT #2: Our last per capita tax increase lasted for 10 years. It was voted on in 2003 and took effect in 2004. However it is no longer enough to support our fraternity’s financial needs.
  6. Rebate Following the last per capita increase the representatives voted for a dues rebate to temples for every noble lost during a year due to suspension or death. To date Shriners International has refunded over 4.2 million dollarsback to Temples. Although this is a fair way to do business it depletes Shriners International’s revenues.
  7. FACT #3: From 2000 to 2012, we have lost 219,084 nobles, which translates to a $3.2 million dollar loss annually in income to Shriners International. 2012 investment returns were 13.01%, excluding fees
  8. FACT #4: Shriners International actual revenues in 2012 were $5,694,000. Actual expenses totaled $6,212,000, which is a deficit of -$518,000.
  9. Shriners International Expenses Imperial Session                    30.0% Fraternal Office Salaries 11.2% General Administrative           9.7% Public Relations                       9.4% Temple Computer Support      8.4% Imperial Divan                           7.6% Membership Development      7.1% Headquarters Rent                 5.3% Other fraternal expenses         3.7% Boards & Committees             3.1% Legal                                            2.0% IS                                                  1.2% Accounting                                 0.8% Humans Resources                   0.4% TOTAL                                     6,212,000
  10. Imperial Session Expenses Travel for Imp. Reps 67% Supplies, printing, services 30% Staff 2% Preplanning 1%
  11. Effect of Inflation
  12. Effect of Inflation Continued Since 2002 prescription prices have risen more than 3X as fast as the consumer price index. In 2002 the normal, healthy delivery of a baby cost $5,200; in 2013 it costs $18,329.
  13. Elimination of Services Possible elimination of spousal travel to the Imperial Session. Stricter policy on the price of airline tickets purchased by Imperial Representatives to attend Imperial Session. Significant decrease in the events held at Imperial Session Educational programs would need to be eliminated or there will have to be a stiff registration fee in order to attend.
  14. Imperial Divan travel is now limited per Shrine Association meeting to save costs. Travel to the East-West Shrine Game and Shriners Hospitals for Children Open is limited. Joint Board members pay for their wives’ travel. Rose Bowl Parade travel is limited to a couple of members of the Joint Boards. Taking steps to be better stewards of our money
  15. Positive Results Since 2003 there has been a significant increase in educational opportunities with added leadership values for our Assistant Rabbans and Oriental Guides. We continue to offer highly effective membership seminars and public relations seminars for respective temple chairmen. Additionally we have added seminars for leaders in our associations in an effort to build leadership within our Shrine.
  16. Healthier Investing Shriners International has changed the investing of the Iowa Corporation’s portfolio closer to the philosophy of the Shriners Hospitals for Children portfolio and this has proven very successful. We are beating the industry average.
  17. More Positive BENEFITS Shriners Village BEASHRINERNOW.COM Fraternal Strategic Planning Membership Development System Leadership College PACE Visits Shriners Int’l Quarterly Magazine At an extra cost per Noble
  18. Prince Hall and Masonic Per Capita Prince Hall Shriners of Florida pay $60 Imperial Per Capita and $20 State Per Capita for a total of $80.00 Masonic Per Capita for; Colorado $34.00 Connecticut $50.00 Minnesota $29.00 Alberta, Canada $28.50 As you can see, an increase of our per capita tax will bring us in line with other organizations.
  19. We are requesting a per capita increase of $1.00 per month. $12.00 to Shriners International
  20. This will mean increasing our per capita from $15 to $27 per year. Question?Should it be done all at once or $4 per year for 3 years?
  21. Question? Will you support taking part of the money to further support our membership efforts?
  22. This is YOUR Fraternity! We welcome your additional Questions and Feedback.
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