Page 5 - RAFINO Winter, 2018 Newsletter

Volume 2 – Issue 4 Page 5 of 13 Page 5

The Trez Sez

For those of you who were not present at the business meeting, or who did not attend the
reunion, we had a very successful two-year period ending September 30, 2018. In addition
to the 223 lifetime memberships that were purchased, we had over $9,000 transferred into
our accounts from the former RAFINCO organization during this same period. All this
resulted in the increase of our total assets from $69,857.79 to $105,972.11.
During the months following September 30, 2018, we have seen some severe downward
movement in the stock market, which has had some negative (hopefully temporary only)
impact on our conservative fixed-income investments. The financial statement is enclosed
for your information. We are reviewing the financial results of our 2018 reunion and it
appears to be, by all indications, a profitable one. Our reunions are required to be self-
sufficient and have actually contributed to our organization’s net worth over the years. The
financial results of the reunion will be provided to the membership with the next newsletter.
Now we must ask a favor from some of you! At press time, there were 88 of you that are
delinquent in the payment of your dues, ranging from one to three years in back payments.
Now is the time for you to step up and show your commitment to this wonderful organization
that just keeps getting better. Second, there are 136 of you that will be up for renewal at the
end of this month. Please consider paying for lifetime dues; that will also show your
commitment to our organization. If you have questions, please send me an email.
Imre Volgyi, Treasurer

2020 Reunion Newz

It is never too early to start reunion planning. With that
said, the next reunion in 2020 is already in motion and
progressing well. The 2020 RAFINO reunion will be
held in beautiful Charleston, SC. The location for this
event will be at the North Charleston Crown Plaza
Hotel during October 7 through 11, 2020. It is in very
close proximity to the Charleston Airport, and there is
a shuttle that will take you right to the hotel. For those
driving, it is easily accessible from Interstate 26, which
is the main thoroughfare that leads to Charleston.
I met personally with The Group Sales Director, Ms. Angie Gibbs, a couple of weeks ago and was
able to get a complete walkthrough of the property and their accommodations. They have a very
nice hotel, and the room accommodations are beautiful and have been recently renovated. They
will be doing additional renovations to the lobby and the other common areas in the near future. I
am very pleased with this location and believe the team there will be very accommodating to our
specific requirements. I will provide more details in my next update.

Troy Clay, Vice-President Reunions