Statement ofCentennial Supreme BasileusBarbara A. McKinzie

July 15, 2009

We have failed to trust.

We have failed to take the time to learn.

We have failed to discharge our responsibilities through the lens of loyalty.

Remains of Failed Leadership

It publicly demonstrated poor sisterly behavior and examples of how to violate the sacred policies and rules of a century-old institution.

The leaders of the lawsuits are sorors who have violated our policies and procedures and continue to do so publicly in a very destructive and bitter-filled manner.

The Membership Cannot FulfillIts Role If It Is Not a Team

Executive Sessions

Open Sessions

FACT

Have become the subject of lawsuits.

Are flying around the internet (an unauthorized method of public communication for AKA).

The 2007 Audit was included in the Fall 2008 mailing.

This Sisterhoods financial position is in great shape!

Audits

Alpha Kappa Alpha

2002200320042005200620072008Total Assets 9,762,197 11,373,508 13,599,946 16,618,341 16,718,004 20,370,371 24,565,836 Investments 4,673,067 5,842,491 7,055,836 8,567,405 10,011,684 12,165,139 9,952,724 Total Revenues 7,826,170 6,406,842 10,202,311 8,278,726 13,328,769 12,857,641 27,844,980 Total Expenses 7,344,300 4,851,356 7,961,840 5,955,559 13,746,553 10,330,067 21,352,684 Revenues over Expenses 481,870 1,555,486 2,240,471 2,323,167 (417,784) 2,527,574 6,492,296

StipendArticle VII, Finances, Section 9, p. 48The Supreme Basileus shall be provided a stipend when funds are available.

The amount reported in the IRS tax return was included in the 2007 audit.

The cost per active member of the IRS amount was less than 63 cents per month or $7.50 for the year.

Stipend Value

Boule Receipts This Directorate has not voted to spend $900,000 for a wax figure of this Supreme. The 2008 Boule excess revenues over expenses resulted from controlling costs.

Boule Costs Per Attendee

Executive Session Action

Corporate Card

Corporate Card

Vendors/Partners

BMC Associates

I will spend the remaining time communicating directly with the membership.

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