7. Treasurer’s Report Handed out Wipfli, Auditors 2020 Report and Joseph Eve from WipFli joins Treasurer to deliver report. Tradeshow is the main revenue for the Association and Tradeshow was canceled last year and postponed this year. Stresses the daily struggle to acquire Tribal Membership checks. Goes over the Statements of Financial activity for National Indian Gaming Association. Lesson from the pandemic is that people like online for educational seminars; the building contributions helped too. Break down of expenses in 2020 and 2019 to project what needs to be done in 2022 in Anaheim. Raising new revenue to ensure continued operations in FY 2022. Executive Director goes over details of Clarion loan agreement. Raising Tribal Membership Dues for 2022. Motion to accept Treasurer Report and Audit Mark Macarro poses a question- What are the options for additional money outside of Clarion loan and PPP? Answered by Jason - If this Tradeshow doesn’t do well, and the building isn’t refinanced, National Indian Gaming Association could be facing dissolution. But thanks to Poarch Band Creek and Clarion, we will get loan help for FY 2022. Mark Macarro follows with another question –what is the timeline? Answered by Jason – 6 to 8 weeks. Building has an estimated 8 million dollars in equity to draw on. Question from Denise Harvey – what are the options on the table for National Indian Gaming Association? Answered by Jason -1) The Clarion offer, 8-year commitment to continue on with Clarion but not for long. They are based in London and offered $1.5 million this year. And 2) Get as much as we can out of the building and with this Tradeshow. A discussion for the Board is if we are raising the Tribal Membership dues. Our Focus is on having update at Oklahoma Indian Gaming Tradeshow in August this year. Motion- David Bean to accept Treasurer Report Second—Denise Harvey Motion passes unanimously Andy Ebona - Clarion helped with renting and sharing this space out to National Indian Gaming Association for Tradeshow. We were able to sell more space for booths in Vegas. Making up for the last two years that we lost, and this Tradeshow represents Indian Country is back.
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