Alpha Kappa Alpha Sorority, Incorporated

of 25 /25
Statement of Centennial Supreme Basileus Barbara A. McKinzie July 15, 2009

Embed Size (px)

description

Alpha Kappa Alpha Sorority, Incorporated. Statement of Centennial Supreme Basileus Barbara A. McKinzie July 15, 2009. Our Success Across Our Three Organizations Is Real. These measures of success are being attacked because as leaders…. We have failed to trust. - PowerPoint PPT Presentation

Transcript of Alpha Kappa Alpha Sorority, Incorporated

  • 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.

  • *