2022 Annual Report

The Auburn Hills Police and Fire Benevolent Association
2022 Annual Report

 

Current Board

The fund Board consists of the following members:

 President
– Carley Buechner

Vice President
– John Hering

Secretary
– Jeremy Peters

Sergeant At Arms
– Christopher Mahon

Treasurer
– Brian Martin

Fund Raising

Fund Raising for the last year consisted of dues payments, the golf outing, and donations taken in from several donors.

Statement of Revenues, Expenditures and Changes in Fund Balance

January 2022 – December 2022

MSUFCU combined Accounts

Beginning Balance                                                                                                                               $6,105.00

Withdrawals:
Website payment                                                                                                                      $90.00

PO Box payments                                                                                                                      $182.00

               Detroit Police Officer donation                                                                                             $2000.00

               Donna Hanson donation                                                                                                         $1000.00

               Madison Heights Police Officer donation                                                                            $1,500.00

               State of Michigan Taxes                                                                                                             $20.00

               Banking fees                                                                                                                                   $50.00

                                                                                                         Total Expenses                                 $4,842.00

Deposits:

               Member dues                                                                                                                            $3,380.00

               Charity Donations                                                                                                                        $110.51

               Golf Outing                                                                                                                               $25,196.99

                                                                                          Total Deposits                                  $28,687.50

 

 

Transfers to PNC account:                                                                                                                    

                                                                                                                                                                   $27,399.11

                                                                                              Ending Balance                                $2,551.39

 

PNC Money Market Acct                            

Beginning Balance                                                                                                                               $40,637.16

               Investment of 2022                                                                                                               $25,000.00

                                                                                                      Ending Balance                        $39,538.30

              

 PNC Investment Account

Beginning Balance:                                                                                                                           $194,590.25

                                                                                                         Ending Balance                  $227,724.07

 

Total Funds 12/31/2022:

MSUFCU Checking:          $3,795.00

MSUFCU Savings:             $205.16

PNC Savings:                     $550.00

PNC Money Market:        $39,538.30

PNC Investments:             $227,724.07

Total                                    $271,812.53