Next Group Run: Wednesday, January 28th

Running Wed. at 5:00. 

Be a good day to run against Todd.

 

 

T

Next Group Run: Wednesday, January 21st

Hi Everyone,

Todd asked me to send out this week's email. 

 We'll be meeting, as usual, at
the Evergreen Lot next Wednesday at 5:00.

Also attached is the LPTR 2008 Treasurer's Report.  

If you have any questions, please don't hesitate to 

contact me.

The economic news over the past few months has been unsettling.  The prolonged housing slump, tightening of global credit markets and the financial collapse of several prominent investment banks has contributed to a weak U.S. economy and a downturn in the stock market.

I am pleased to report, however, that the Lapham Peak Trail Runners (LPTR) organization remains fiscally strong, due mainly to an unwavering conservative investment philosophy and the diligent and intelligent stewardship of LPTR leadership.

Financial market conditions were especially volatile in the second half of 2008 and valuations declined across most investment sectors.  At September 30, 2008, a net unrealized loss of $0 was recognized in the LPTR’s investment account.  This net unrealized loss comprises holdings with aggregate unrealized gains of $0 and aggregate unrealized losses of $0.

LPTR entered the 2008 fiscal year with a combined balance of $0 in our checking, savings and investment accounts.  Despite the tumultuous economy, the LPTR entered FY09 with exactly the same account balance.  LPTR realized no net losses in any of its accounts.

In short, we are as financially sound as we were a year ago.  Not many organizations can say that.

A detailed accounting of all financial activities from the previous year is attached, for your information.

Respectfully submitted,

Jeff Mallach

Treasurer

ANNUAL TREASURER’S REPORT FOR THE LAPHAM PEAK TRAIL RUNNERS

January 1, 2008 through December 31, 2008

Checking Account Balance - January 1, 2008..........$0.00

LPTR Receipts during 2008
Contributions for current expenses Membership Dues Interest Income Miscellaneous Reimbursements Fund Transfer Designated Funds	$0   0 0 0  0
TOTAL FUNDS Received in 2008	$0.00

 

LPTR Disbursements during 2008
Salaries and Benefits (Less payroll Liabilities) Utilities Property Administration Outreach Program	$0 0 0 0 0 0
TOTAL DISBURSEMENTS	$0.00

Todd and Connie...

Hello  All TP's--Many of you know fellow trail ultra-runner

 "Tator Todd"-- please add Todd and Connie to your well 

wishes and quick recovery list as he and his wife Connie

 were in a car crash this afternoon.  Todd (after being 

Med-flighted to Froedert) will be released tomorrow. He has
3-4 broken ribs and a big bump on his head.  He is very 

alert and his old witty self--when the nurse asked him if he

 would like some water he said he'd rather have a beer.  

He really wanted to get out this afternoon - he's supposed 

to meet some friends at Lapham at 5pm.  After all it is 

Wednesday night--Lapham Peak Trail Running night--and 

social hour in the warming house.  He will be fine!
Connie was taken to Oconomowoc Hospital then Med-flighted 

to Froedert.  She will need some surgery to repair a broken 

vertebrae  but her spine is not affected--no paralysis.  She 

may have some internal injuries due to the trauma from her 

seatbelt.  She also has a bump on her head from hitting the mirror. 

Please pray for her that she recovers quickly.
The accident happened on Hwy 16 as they were coming home 

from work when an oncoming car lost control on the slippery 

pavement and hit them head on.  They are very lucky to be alive 

in that the car's front is totally smashed and the top of the car 

is caved in.  The woman in the other car is doing fine.

Please let me know if you wish for updates on Todd and Connie

---I will keep you posted off "list".
   Take Care--stay warm!  DEB

Next Group Run: Wednesday, January 14th

Running Wed at 5:00, going to be a cool one, dress warm.

 

T

Next Group Run: Wednesday, January 8th

Running Wed at 5:00.

Always at Evergreen Parking lot at Lapham Peak

unless specified elsewhere.

 

T