May 16, 2025
Present
- Gassia Apkarian
- Ani Aprahamian
- Diane Barber
- Paul Boghossian
- Mark Chenian
- Al Eisaian
- Nina Hovnanian
- Adam Kablanian
- Lucineh Kassarjian (ED Armenia)
- Artak Melkonyan
- Mary Papazian
- Oshin Peroomian
- Anoush Fraser Terjanian
- Vatche Sahakian (ED USA)
Absent
- Vicken Cheterian
- Karnig Kerkonian
- Nerses Yeritsyan
Meeting opened at 8:35am PST
Meeting closed at 10:30am PST
Regular updates
Membership
Financials
Taxes for 2024 filed:
Form990Package.pdf
|
2022 |
2023 |
2024 |
2025 (revised) |
| Income |
$18,278 |
$49,185 |
$116,944 |
$360,000 |
| Expenses |
$14,922 |
$36,654 |
$70,620 |
$355,000 |
- Current balances
- Donations
- Anush questioned the discrepancy between income and expenses, particularly noting a significant gap in 2024 compared to other years.
- Vatche explained that the discrepancy is due to ARCS-related expenses that are budgeted as liabilities to be paid in 2025 but have not yet been paid by December 31st.
- The Dilijan conference funding was discussed, with Vatche explaining that while there is cash available, a significant portion is allocated for ARCS, leaving about $12,000 for ASOF operations.
- Vatche expects membership and board donations to catch up by the end of the year to balance the budget, with monthly donations from members averaging $1,300 and an expected 5 to 10k from board members.
- Anush inquired about a fundraising strategy beyond member donations, highlighting the need for a sustainable model for operations.