Treasure
Cay Emergency Services Organization
NEWS FROM
TCESO
Another year almost gone: Andy Rooney said, “Life is like a
roll of toilet paper, the closer you get to the end, the faster it goes!”
It’s been a busy year for TCESO. Here’s a summary of the
financial highlights, which are really “low-lights”.
1. Pumper
Truck:
We had a catastrophic engine failure on the pumper truck. We
ended up with a complete overhaul on the engine costing $27,602.40.
This expense was paid out of our capital reserves which we
accumulated over several years, and are mostly large donations from a “few”
people. After the engine expense, our capital account current balance is
$10,017.00.
2. Ambulance:
I sent the following message to a select group of past supporters:
October 7, 2016
This message was delayed by Matthew. Now that we’ve all
survived with minor scratches, it’s back to business.
Today our search for a new ambulance for TCESO ended with the
purchase of a 2007 Road/Rescue Chevrolet ambulance. This vehicle is in
excellent condition with just under 30,000 miles. It is a medium duty
truck on a 4 wheel chassis with a diesel engine. The purchase price of
$35,000 was wired to an escrow account today and we will take delivery within
14 days. See the attached picture.
This ambulance replaces our 1996 Ford F-350 which has over 76,000
miles and is in need of major repair on the suspension, and has a very tired
A/C system. It has been in service with TCESO for more than 9 years and
is no longer reliable as a first response unit. We plan to keep it as a
backup for the time being.
We expect to have the new unit in service in 6 to 8 weeks.
No equipment was included in the purchase and we will need a gurney which we
plan to purchase used for $6,300. I'm asking for your support with a $1,000
donation and hoping to find 39 of our neighbors to join this effort.
Remember donations made through TCCF are deductible for US taxpayers because
funds are being used for a capital purchase, and TCESO is a qualified entity.
I hope you are willing to help?
Please send your check payable to TCCF or TCESO, along with the
TCCF Donor Form, to me at P.O. Box
305 Mentor, OH
44060.
Thank you for helping to keep Treasure Cay a special place.
UPDATE: We missed the $6,300 gurney, but we have purchased a
$7,500 rebuilt gurney. Our cost is now $42,500 with tires,
transportation expenses, and VAT yet to be added. I estimate the total
will be + or - $50,000.
The response to my capital donation request has yielded $15,000
thus far. My goal is $65,000 so that we can pay for the ambulance and
bring our capital reserve account back to at least $25,000.
**Please
consider this an appeal for your help with a capital donation which is
deductible for U.S.
taxpayers.**
(See the attached donor
form.)
OPERATING EXPENSES
The financial report below will be issued monthly:
TREASURE
CAY EMERGENCY SERVICES ORGANIZATION
FINANCIAL
REPORT
SEPTEMBER
30, 2016
Contributions received
|
|
2016 YTD
SEPT
75,831.78
|
Total expenses
|
|
83,738.00
|
Surplus (deficit)
|
|
(7,906.22)
|
Cash on
hand
|
|
24,199.28
|
This is a snapshot of the first nine months. You can see
that we’ve received $75,831 YTD against expenses of $83,738 with a year-to-date
deficit of $7,906.
Cash on hand fluctuates because several of the condominium
associations pay either monthly, quarterly or yearly. The associations
carry us on a cash flow basis and we cover short falls with borrowing mainly
from one individual. See the attachment for a list of those that have
donated YTD. We will publish this list monthly going forward. If
you have paid and are not on the list, please advise. Names are posted
when checks are deposited which can take up to two weeks. If you haven’t
paid, please send your check today. *See request at the end of this report.
Thank you to those that have paid and a special thanks to the
associations who pay as a group.
MEDICAL SUPPLIES
We have just purchased $6,800 of medical supplies which we
purchase in bulk every 2-3 years to take advantage of bulk discounts. We
treat this as an expense in the year purchased.
SUMMARY
We’ve never received enough in donations to cover annual expenses.
To fund the operations of TCPOA, TCPOA Security, and TCESO, we
request $600 annually from each homeowner. That’s $1.64 per day
to cover operating expenses for these essential services. TCPOA handles
administrative services for both Security and TCPOA.
TCPOA Membership dues
annually = $100
TCPOA Security dues
annually = $250
TCESO dues annually = $250
PLEASE send your $600 check made payable to TCPOA to: Tom
Wheeler, P.O. Box 305,
Mentor, OH 44060.
Donations for operating expenses are not deductible for U.S. income tax
purposes.
Thank you,
Tom Wheeler