The treasurer talked about how and why the UWS loses money at the last BoD meeting. The way UWS loses money is simple. It costs X to print and mail out the magazine. Revenue for advertising is far below these two costs, $6440 below as of June 30, 2010 for the year.
Jim Womble's printing company prints the magazine at a great deal to the CDS and no where near retail. He does it at or very near his cost. Jim Womble is a long time member of the NSS-CDS and is currently secretary for the NFSA. The equation for losing money tracked strictly by accounting for funds is very simple.
Clearly the esoteric value of UWS is greater to some than to others, and this value cannot be quantified. Some feel the magazine should be printed in spite of the fact it has lost over $6000.00 in this fiscal/calendar year. Some feel it should be a be a business decision in that if it loses money it should stop. Others think the magazine should continue regardless, and that the esoteric value gained by us all having a nice magazine to read and to show off trumps the $6400 loss. There will never be agreement on this issue. I love the magazine & I hate to see the CDS losing what will amount to almost $10,000.00 this year by printing & mailing it.


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