Submitted by Bruce Ente, Treasurer Jewish Motorcyclists Alliance
With the postponement of the 2020 Ride2Remember, there has been relatively little financial activity during the past year. The JMA started the year with an operating account balance of $15,527.81 and ended 2020 with $14,276.45. Money was spent primarily on website expenses, liability insurance premium and MailChimp fees, offset by a bit of Amazon Smile income. We had no year-end liabilities.
In addition, as of December 31, 2020, the JMA held in its Huntington Bank checking account $562.81 in planning funds for our 2021 Ride2Remember. Remaining fiscal transactions in 2020 involved the collection and pass-through of $5602.08 on behalf of the July Meet 'n Greet hosted by the Michigan Chai Riders club.