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Treasurer’s Report, September/October 2023 -   -  

A Robust Financial Path

This is my inaugural article as I embark on my sixth two-year term as your National Treasurer. We recently concluded a wonderful and productive Convention in Orlando, where we elected new and revitalized leadership. The delegates collectively decided not to set a date for closing down our beloved organization, opting instead to leave that determination for a later date.

Our leadership and staff have quickly reassured our donors and supporters that VVA continues to operate in alignment with our Founding Principle: “Never Again Will One Generation of Veterans Abandon Another.” And that includes all fellow Vietnam War veterans. We are committed to funding and supporting those who depend on VVA for comradeship, assistance with claims, and the myriad services that come with membership in the organization.

As your National Treasurer, I pledge to be effective, diligent, and transparent in performing all my duties. I’m pleased to report that we are in a very sound financial position, and I will work closely with the staff and Board of Directors to insure that VVA continues to be well managed financially.

I’ll provide reports to the membership, offering adequate data on VVA’s finances, always respecting the confidentiality necessary to protect the corporation. My review of our current financial situation assures me that we are on a robust financial path with revenue exceeding expenses by a significant margin.

The Contracting Policy insures that both the Treasurer and President must approve every contract, enhancing our financial governance. Our new Managing Director, Phillip Waite, is an extremely capable and dedicated addition to our staff, and the four officers form a cohesive group working in your best interests.

I support VVA’s decision to be a “last-member standing” organization and recognize the importance of also being a last-dollar organization. We are firmly committed to acquiring sufficient finances for VVA, allowing us to continue our mission and serve our membership. My fiduciary responsibility always leads me to act in the best interests of VVA’s membership.

I extend my heartfelt thanks for allowing me to serve as your National Treasurer and want you to know that I’m available and responsive to your suggestions and requests. I am here to serve you as National Treasurer. Specific financial data will be provided at our October Board of Directors meeting and in subsequent columns.




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