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1/1/09: USBA Annual Report
   
 

Summary of our Annual Report:

A picture of the report has been presented on this page as well as a PDF file if you wish to download it.

The total amount in our Main Fund is $ 18,479.78. Bear in mind that there is currently $ 5,480.95 in the 2009 Nationals Fund which will be paid out in prize money, so a realistic amount in our Main Fund is more like $ 12,500.00, give or take.

There is currently $ 2,286.46 earmarked exclusively for our Juniors/Ladies Billiards Fund, $ 486.00 paid already for 2010 dues and $ 405.00 paid already for 2011 dues. The 2010 and 2011 dues funds will not be included in our Main Fund until the beginning of each appropriate year so that we do not spend "future" money too early.

If you add the amounts in the Main Fund, the Junior/Ladies Billiards Fund, the 2010 Dues Fund and the 2011 Dues Fund you will get the amount displayed in the report: $ 21,657.24. A more realistic amount is $ 15,500.00 because of the 2009 Nationals prize money, as stated previously.

Our membership reached 535 members as of December 31, 2008.

We just wrote out commission checks totaling almost $ 400.00 to those who have referred new members to the USBA. Everyone is entitled to receive a $ 15.00 commission for each *new member they refer who signs up with the USBA and pays their $ 50.00 or $ 135.00 (3 years) membership dues.

*A new member is someone who has never been a USBA member before or has not been one for at least 3 years from the year in which the new member pays his/her current dues. A current USBA Membership Application must be properly completed and include the referrer's contact information as well. Commissions earned will be paid every 6 months on January 1st and July 1st of each year.

Click for PDF File of Annual Report