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Date: 20 Mar 2008 17:09:09
From: samsloan
Subject: Where is the Quarterly Financial Report?
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[quote="Brian Mottershead"]I agree with you, at least, that the USCF
needs urgently to cut expenses. The only reaction of the board to
the problems when they emerged in December was a minor cut in the
Chess Life page count. That is not enough. It is easy to dismiss
a $100K loss as small, but the organization does not have large
reserves and cannot withstand very many more "small" $100K losses.
These losses may be small in relation to the budget of the
organization, but the reserves/working capital are also very small in
relation to the budget, far smaller than they ought to be.[/quote]
I think you recognize and agree that during my one year on the board I
consistently advocated a big cut in expenses. In particular, I
advocated very specific cuts that would have reduced expenses by
$80,000 without any reduction in services to the membership.
Unfortunately, at that time the board was deadlocked. I could only get
two-and a half to three votes to cut expenses. With a six-member
board, at long as three board members were adamantly opposed to a cut
in expenses, it was impossible to get any thing cut.
I am opposed to cutting eight pages in Chess Life. A subscription to
Chess Life is the only benefit most members receive. We should cut
areas which are of little or no benefit to the members. Unfortunately,
it is politically impossible to cut the "sacred cows" of the board, so
I do not see any solution to the problem.
Sam Sloan
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Date: 20 Mar 2008 22:34:49
From: Rob
Subject: Re: Where is the US CHess Trust Moving it's direction to?
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On 20, 11:58 pm, samsloan <[email protected] > wrote:
> sdo1 wrote:Can you state without rancor or AUG violation those
> areas you believe should be cut?
>
> That is exactly the problem. If I state what areas should be cut, I
> will be banned again.
>
> Sam Sloan
The US CHess Trust has begun operating a seperate online magazine and
appears to be positioning itself. WHats up with that?
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Date: 20 Mar 2008 21:58:16
From: samsloan
Subject: Re: Where is the Quarterly Financial Report?
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sdo1 wrote:Can you state without rancor or AUG violation those
areas you believe should be cut?
That is exactly the problem. If I state what areas should be cut, I
will be banned again.
Sam Sloan
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