Ruritan National Annual Report 2023-2024

National Treasurer’s Report

Thank you to everyone for working hard to collect and pay dues on time this past year. Your efforts have kept our organization’s finances strong and stable. This is so important for the health of Ruritan, and I encourage everyone to keep up this great work. I also want to thank the Budget and Finance Committee, our Executive Director, Ruritan’s Controller, CPA, and

Investment Advisor. Their planning and care have helped us use our money wisely and follow smart business practices. Their hard work is a huge asset to our organization. This year, Ruritan finished with strong finances. Membership growth was better than expected, and we kept our expenses under control, using only about 90% of what we planned to spend. These good results came from everyone’s efforts to stick to the budget and grow our membership. A Quick Change to Note for this year: Our auditors made a change to how we report some of our money. Now, Unrealized Gains are counted in our Income and Expense report instead of on the balance sheet. This added $182,244.36 to our income. It’s just a new way of reporting due to an accounting standards update—not extra money. Looking ahead, growth must remain our top priority. But this is not about numbers alone—it is about creating thriving communities, fostering social connections, and strengthening the social capital that defines Ruritan. Strategic growth is essential to sustaining our future and addressing the challenges facing America’s communities. Inflation is rising, so we need to grow at a similar rate to keep up. By focusing on smart growth and working together, we can make sure Ruritan stays strong and ready to meet challenges. Thank you for everything you do to support Ruritan. Together, we can keep making a big impact.

David Thompson, National Treasurer

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Ruritan National 2024 Annual Report