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LNC Financial Catastrophe!

The LNC Treasurer released the January and February financial reports.

Treasurer Released January Report.

Convention sales $18K
Other Income $91K
Other expenses $114K

Also February Report

Convention sales — 16K$
Other income – 79 K$
Other expenses – 122K$

That’s $23K behind for January and $43K behind for February, convention income being held to pay for the convention.

On the bright side, membership is up a bit.

 

2 Comments

  1. Thomas L. Knapp Thomas L. Knapp March 28, 2024

    “On the bright side, membership is up a bit.”

    Possibly people who left after the “takeover” returning, temporarily and provisionally, in hope of a turnaround at the national convention.

  2. Jim Jim March 28, 2024

    Cumulative from the start of the pre-Presidential year, this LNC’s revenue is $863,000 below the average of the previous 4 cycles, adjusted for inflation.

    https://i.imgur.com/cd0xGhC.png

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