Financial Report for 2nd Qtr.  2002
                                            Dated: July 15,  2002 

Balance Forward (from Financial Report for 1^st Quarter2002)  $5059.24

Income – 4/1/02 to 6/30/02

Dues

   5 Shipmates paid 2001 dues totaling                           $ 100.00

 17 Shipmates paid 2002 dues totaling                          338.00

   3 Shipmates paid 2003 dues totaling                                 60.00

13 hats sold @ $9.00 each                                                117.00

Donations (in excess of $20/yr. dues)   8 Shipmates            640.00

Income from Reunion reservations                                      197.20

                           Total income (4/1/02 – 6/30/02)           $1452.20         NOTE

Expenses – 4/1/02 to 6/30/02                                                            

USPS Postage – June Newsletter, sending hats, etc.             $272.00          DUES FOR 2002

Insurance for 2002 Reunion(Nat’l Assoc. of Mtg. Planners)    355.00          ($20) ARE DUE

Newsletter printing (June 2002 Edition, 650 copies)               190.00          AND PAYABLE

Ray Kullnat-2002 Reunion Host – Tour Bus deposit                450.00          BY 28 February

Total expenses (4/1/02 to 6/30/02)   $1267.00         2002

                                                         Starting balance            $5059.24

                                                         Plus Income                    1452.20

                                                                                             $6511.44

                                                            Less Expenses           - 1267.00

                                                                       Balance         $5244.44

                                    Bank Balance as of 6/30/02             $5244.44

NOTES

Of the $5244.44 balance, $197.20 is for 2002 Reunion reservations. 

Respectfully submitted,

David J. Oberholzer - Treasurer