Fraternity-Testvériség, 1973 (51. évfolyam, 1-12. szám)
1973-04-01 / 4-6. szám
WILL YOUR INCOME FROM PENSION AND SOCIAL SECURITY COVER THE EVER GROWING LIVING COST WHEN YOU RETIRE! CHANCES ARE THEY WON’T! SECURE ADDITIONAL INCOME BY TAKING OUR RECENTLY INTRODUCED, INEXPENSIVE RETIREMENT INCOME AT 65 INSURANCE YOUR NEAREST LOCAL REPRESENTATIVE WILL BE MORE THAN GLAD TO GIVE YOU FURTHER INFORMATION. FIND NAME AND ADDRESS OF OUR REPRESENTATIVES ON THE COVER PAGE, OR INQUIRE AT OUR HOME OFFICE: THE HUNGARIAN REFORMED FEDERATION OF AMERICA 3216 New Mexico Avenue, N.W. Washington, D.C. 20016 Phone: 202/244-7555 20 We balance our books monthly and send trial balance to the Accountant. We close the books at the end of the calendar year. CONTROLLER’S REPORT—continued II. COLLECTION OF DUES The branch managers — with very few exceptions — rendered outstanding services on the line of dues collection. In response to the appeal sent to them by me and the Secretary, they came up with the highest December collection ever: December collection in 1971 ..........................................$104,867.62 December collection in 1972 .......................................... 121,813.41 An increase of $16,945.79. Prepaid dues far exceeded dues in arrears, another indication of efficient and proper management: U. S. A.........................................................$ 98,287.88 $53,119.01 Canada ...................................................... 4,836.24 2,675.99 TOTAL ......................................................$103,124.12 $55,795.00 The following is a six year comparative study showing total dues income in the USA and Canada combined: Year Total Dues Income Year Total Dues Income 1967 .......... ............. $1,436,574.63 1970 .......... ............. $1,485,698.65 1968 .......... ............. $1,381,218.04 1971 .......... ............. $1,483,967.48 1969 .......... ............. $1,465,071.60 1972 .......... ............. $1,496,389.92 The main reason why our dues income did not keep pace with the considerable increase in our insurance in force ($2,981,913.00 during the last four years) is the constant growth of our non-premium paying insurance: Certificates Ins. in Force Increase Non-Premium Paying on 12-31-1968 ........ 5,923 6,175,254 611,500 Non-Premium Paying on 12-31-1969 ........ 6,273 6,631,092 455,838 Non-Premium Paying on 12-31-1970 ........ 6,655 7,141,940 510,848 Non-Premium Paying on 12-31-1971........ 7,146 7,789,623 647,683 Non-Premium Paying on 12-31-1972 ........ 7,613 8,460,094 670,471 III. STATISTICAL SERVICE A) FLUCTATION OF MEMBERSHIP Adult Juvenile Total Combined USA C an. USA Can. USA Can. USA & Can. 12-31-68 23,844 523 7,966 276 31,837 801 32,638 12-31-69 23,888 509 7,532 200 31,420 709 32,129 12-31-70 23,748 501 7,259 192 31,007 693 31,700 12-31-71 23,326 537 6,993 177 30,319 714 31,033 12-31-72 23,064 538 6,551 156 29,615 694 30,309 B) FLUCTUATION OF CERTIFICATES 12-31-68 26,308 534 8,371 293 34,679 827 35,506 12-31-69 26,399 519 7,887 205 34,286 724 35,010 12-31-70 26,286 512 7,577 198 33,863 710 34,573 12-31-71 25,883 551 7,286 179 33,169 730 33,899 12-31-72 25,666 551 6,833 157 32,499 708 33,207 C) FLUCTUATION OF INSURANCE IN FORCE 12-31-68 36,321,297 825,000 9,305,209 515,000 45,626,506 1,340,000 46,966,506 12-31-69 37,793,817 769,000 9,160,543 260,500 46,954,360 1,029,500 47,983,860 12-31-70 39,117,160 740,229 9,199,922 247,750 48,273,082 987,979 49,261,061 12-31-71 39,353,122 885,229 9,147,406 233,250 48,500,528 1,118,479 49,619,007 12-31-72 40,004,347 908,636 8,835,401 200,035 48,839,748 1,108,671 49,948,419 An increase of 329,412 during 1972, and $10,100,916 since 1959. (Continued on next page)
