Siemens Westinghouse Retirees Association, Inc.Quarterly Membership Meeting

April 10, 2018

•Welcome New Members•Guest Speaker – Dr. Jeffry Rocker•Coffee Break•Treasurer’s & Membership Report•Board/Committee Topics•Special Topics•Open Discussion•Adjourn

Treasurer & Membership Report

The Association is pleased to welcome the following new members:

Scott Moser – Lake MaryBill Turman – OviedoDiane Perry – Altamonte SpringsPeter Lavoro – OrlandoMichael Sivick - OrlandoRaj Subbuah – OviedoJohn Olszewski – Merritt Island

Guest Speaker – Dr. Jeffry Rocker110 Alafaya Woods Blvd., Suite A

Oviedo, FL 32765

Philosophy and Approach to Wellness...Dr. Rocker believes that cutting edge medical care begins as a conversation betweenphysician and patient, evolving through knowledge and understanding so that a mutualtrust is established. Then a highly personalized healthcare plan can be agreed upon with the goals of improved health and a better life.

In the MDVIP-affiliated primary care practice, each patient is special and treated like family. In this concierge-style practice we have time to explore all the options and make decisions together. Dr. Rocker has been practicing family medicine in Oviedo, FL for over 25 years, serving patients from all over Central Florida. He is affiliated with bothOrlando Health and Florida Hospital healthcare systems. He is an assistant clinicalprofessor of family medicine for two medical schools and has taught hundreds ofmedical students over the last 20 years. He also serves as a mentor for pre-med students from his alma mater, the University of Central Florida.

Coffee Break

Treasurer’s Report

2017 Audit Results – No Discrepancies Found

The SWRA Board of Directors would like to thank the Association members who participated in the required annual audit of our financial activities. The members

who volunteered for this audit were:

Jasbir BhatiaKarl Tjornbrugh

Jean Versino

Auditors’ Comments1. SWRA should not be making charitable contributions.

The SWRA 2017 budget has a line for “CHARITY/DONATIONS with an expenditure of $300.00. This

was a donation to an organization that provided a service applicable to our members to which the

BOD decided to make donation. As such, it was not a charity. The word “CHARITY” has been

removed for the 2018 budget.

2. The cost of Liability Insurance for the organization seemed excessive

The BOD determined that it would be prudent to obtain Liability Insurance for the protection of the

organization and all the people that help to organize our programs. The cost we are being charged for

this insurance seemed to be consistent with costs to other similar organizations. If anyone knows of a

better deal, let the BOD know.

3. Please provide a simple balance sheet for 12/31/2016 and 12/31/2017 showing the organization’s

assets and liabilities.

SIEMENS WESTINGHOUSE RETIREES ASSOCIATION, INC.

Balance Sheet as of December 31, 2016

Assets:

$6,030.70 (Cash in checking account)

Liabilities:

Dues Paid in Advance:For 2017: $735.00For 2018: $ 90.00For 2019: $ 45.00For 2020: $ 15.00Total: $885.00

SIEMENS WESTINGHOUSE RETIREES ASSOCIATION, INC.

Balance Sheet as of December 31, 2017

Assets:

$4,507.33 (Cash in checking account)

Liabilities:

Dues Paid in Advance:For 2018: $990.00For 2019: $180.00For 2020: $ 15.00

Total: $1,185.00

Financial InformationBank Balance as on January 1, 2018: $4,507.33

Deposits this period: $2,715.00

Expenditures this period: $436.22

Bank Balance as of March 31, 2018: $6,786.11

This balance includes dues that have been paid in advance by members for future years. This amount is as follows:

For 2019: $780.00For 2020: $ 45.00

Total paid in advance: $825.00

SIEMENS WESTINGHOUSE RETIREES ASSOCIATION INC.Balance Sheet as of March 31, 2018

Assets:

$6,786.11 (Cash in Checking Account)

Liabilities:

Dues Paid in Advance:

For 2019: $780.00For 2020: $ 45.00

Total: $825.00

Membership & Dues• Total members – 258• Died – 2• New – 7• Reinstated - 1

Signed Waivers Received – 165 (64% of the membership)

If you have not submitted your signed membership application with liability waiver, please do so as soon as possible. Make sure to initial the liability waiver paragraph as indicated.

Dues payment and liability waiver forms can also be mailed to: Paul McCauley1948 Houndslake DriveWinter Park FL 32792-6035

Also, please notify me at mccpauley@aol.com of any changes to your email or postal mailing address so that we can maintain an accurate membership directory and keep you informed of Association activities.

If you know of a retiree who is not a member of the Association, encourage them to join. Membership forms can be downloaded from the website at: www.SiemensWestinghouseRetirees.org

You can also contact me for a form or to answer any membership questions.

Proposed Budget for 2018

2017 BUDGET 2017 ACTUAL 2018 BUDGET

Income Dues $ 3,845.00 $ 4,155.00 $ 3,480.00

Total $ 3,845.00 $ 4,155.00 $ 3,480.00

Expenses

Administrative

- Miscellaneous $ 150.00 $ 69.23 $ 65.00

- Web site $ 100.00 $ 120.00 $ -

- Insurance and fees $ 1,000.00 $ 1,072.00 $ 675.00

Donations $ 300.00 $ 300.00

Events

- Picnic $ 1,600.00 $ 1,263.23 $ 1,300.00

- Other events $ 1,500.00 $ 2,537.41 $ 740.00

Meetings

- Food & Drink $ 500.00 $ 316.50 $ 650.00

Sympathy Communication $ 100.00 $ 50.00

Totals $ 5,250.00 $ 5,678.37 $ 3,480.00

Beginning Checking Balance $ 6,030.70 $ 6,030.70 $ 4,507.33

Ending Checking Balance $4,625.70 ESTIMATED $4,507.33 ACTUAL

Social Committee Report

Social Committee ActivitiesPast Events

Social Committee Events since last quarterly meeting:

• Beach Boys Tribute at Wayne Densch Performing Arts Center

(Jan. 2018)

• Glenn Miller Orchestra Concert at Lake Mary HS (Jan. 2-18)

• Financial Seminars @St. Stephens (ongoing)

• Concerts at St. Luke's – UCF Symphony (Feb.), Cantata (Mar.

2018)

• Concerts/Plays at Wayne Densch Performing Arts Center

(ongoing)

• SunRail trip and lunch (Mar. 2018)

Sunrail Trip and Lunch atRusty Spoon

Spring (April 28) & Fall Picnics St. Luke Concerts/Wayne Densch Concerts –April 14 – tribute to Chicago

Casual Dinner – May 17 Oyishi Japanese Steakhouse – Oviedo Mall

Trip to Warbird Museum Titusville (Fall)

Painting at the Winey Wench at Oviedo Mall (TBD)

Christmas Concert for Homeless of Central Florida @St. Margaret Mary

Blue Apron Cooking Class (TBD) Stetson Mansion (Deland) Trip @Christmas

One Senior Center Seminars (TBD) lBus Trip to Disney Hotels @Christmas

Social Committee Upcoming Planned Events

“Party for a Purpose” will take place at M-Motors in Winter Park April 20th from 6:30 PM to 10:30 PM.

The “M Lounge” is the newest event venue in Orlando, located at 2000 Orange Ave, Suite 300, Orlando, Fl 32804. Proceeds raised will benefit Florida Hospital Cancer Institute and fund an Ovarian Cancer Immunotherapy program, to be conducted right here in Central Florida. Every 23 minutes another

woman is diagnosed with Ovarian cancer in the U.S. Immunotherapy has the potential for successful treatment of such cancers in the future.

M-Motors has a unique 60 car vintage auto museum as well as auto memorabilia throughout the venue to create a great back drop for a silent auction, food, drinks, wine tasting, live music & more. At the event, awards will be presented for a golf tournament, played earlier that day.

General admission tickets for the event are $100, but our SWRA members have been offered a half off discounted ticket price of $50 each for the event. These discounted tickets can be purchased with the discount code “Party50” at the website www.playingforacause.org. Additional information can also be obtained on this website.

Other Topics

Current Board & Committee MembershipJim Steinmetz PresidentLeslie Dawson Vice-PresidentJohn Blake Secretary & Member RecruitmentPaul McCauley Treasurer

Social Committee ChairGeorge Baker Financial Committee ChairRon Artinger 3rd TermLee Vickers 1st Term Bill McCown 1st TermPaul Minard 1st Term

Supporting MembersDave Berrong – Former President, General SupportPete Derosa – Former President, General Support, Facebook ManagementAndy Ayoob – Former Vice-President, General Support, Website ManagementJoe Yarusinski - NewsletterIsh Aneja – Casual Dinner Lead

Other Topics

Support your SWRA!

•We really could use someone to manage our IT and Social Media needs•We really could use someone knowledgeable in year-end corporate filings

•Become a Board MemberWhat does a Board member do?- Meets monthly for about an 1-1/2 over lunch ( a tough job!)- Assists on events and activities.- Advises and votes on Board actions- Takes lead in specific areas such as speaker arrangements,

finances, website maintenance, meetings, etc.- Assists membership as needed and serves as a point of contact.- All-in-all, spends a couple hours a month doing good things for his/her

fellow retirees.•Committee membership and support is always needed and appreciated too!•Social, Financial, Communications, Event Support, Helping Hands, etc

Open Discussion