Executive Director's message.

Castelvecchi, Henry

Membership

Membership is down slightly. The promotion of 75th anniversary convention in November and renewal being notices sent out we should be near 1600 by convention.

Type May 2009 April 2010 April 2011 March 2012 Students 209 269 288 295 Jump or Hoops 590 667 689 644 Coordinator Professional 675 457 471 431 Retired 15 8 14 5 Life 134 145 147 158 Library 4 3 3 Total 1623 1550 1612 1536

Investments

The investments are holding steady from last year at this time. The total below reflects the $20,000 withdraw from the investments approved by the board to cover the budget for this year. We will continue to work with Smith Barney to make sure our investments stay in line with our investment policy.

Type March 2009 April 2010 March 2011 February 2012 Short term $74,411.87 $76,079.45 $67,497.94 $ 48,067.11 Investments $354,725.49 $526,083.39 $582.522.30 $585,821.56 Frances Mays $6,170.77 $6,592.60 $6726.73 $6,776.03 AIAW $28,531.31 $29,411.65 $31,001.82 $31,446.67 $463,839.44 $638,167.09 $687,748.79 $672,111.37