CRC Members' Request for Financial Statements 8.1.15
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From: Kim Herzfeldt Date: Saturday, Augus t 1, 2015 at 6:38 PM To: Steve Huse Cc: Marily! Mar"s , Ke! #lar", $lai!e %r&rd, Mi"e M'Al(i!e, )a!dy #r(r! Subject: *+d: )euest fr State Party -uarterly *i!a!'ial Stateme!ts. Dear Chairman House: As members of the Ce ntral Committe e we write encoura ging you t o take th is opportun ity to ensure accountability and demonstrate to the members your intent to bring this party together going forward. Your response will set the stage for improved intra-party communications going forward into !"#. As members of the Co lorado $e publican C entral Co mmittee we a re entitle d to recei ve %uarterly financia l statements of the party . &n 'hursday( we received the attached documents in non-standard format. 'hese documents are insufficient to meet the obligations of the party to keep its members properly informed of the financial affairs of the party by providing %uarterly financial statements. ) Financial statements" is the term widely understood to include an income statement *or e%uivalent+( a balance sheet( and a cash flow statement( and must be prepared in accordance with ,AA for the party. As you are aware( th e bylaw s re%uire th at the Ch airman( )shall provide or cause to be provided %uarterly financial statements to the /ecutive Committee and to the C$C.0 lease promptly provide the Central Committee members with the %uarterly financial statements for 1uarters " and of !"2( prepared in accordance with ,enerally Accepted Acco unting rin ciples. 'hank you for your consideration. 3im Her4feldt( Arapahoe County laine 5rofford( Denver County 3en Clark( Denver County $andy Corporon( Arapahoe County 6ike 6cAlpine( 5oulder County
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Colorado GOP members' request for financial statements
Transcript of CRC Members' Request for Financial Statements 8.1.15
From: Kim HerzfeldtDate: Saturday, August 1, 2015 at 6:38 PMTo: Steve HouseCc: Marilyn Marks , Ken Clark, Elaine Brofford, Mike McAlpine, Randy CorporonSubject: Fwd: Request for State Party Quarterly Financial Statements.
Dear Chairman House:
As members of the CentralCommitteewe write encouraging you to take thisopportunity toensure accountabilityanddemonstrate to the membersyour intent tobring this party together going forward. Your response will set the stage for improved intra-party communications going forward into 2016.
As members of the Colorado Republican Central Committee we are entitled to receive quarterly financial statements of the party. On Thursday, we received the attached documents in non-standard format. These documents are insufficient to meet the obligations of the party to keep its members properly informed of the financial affairs of the party by providing quarterly financial statements. "Financial statements"is the term widely understood toinclude an income statement (or equivalent), a balance sheet, and a cash flow statement, and must be prepared in accordance with GAAP for the party.
As you are aware, the bylaws require that the Chairman,"shall provide or cause to be provided quarterly financial statements to the Executive Committee and to the CRC.
Please promptly provide the Central Committee members with the quarterly financial statements for Quarters 1 and 2 of 2015, prepared in accordance with Generally Accepted Accounting Principles.
Thank you foryourconsideration.
Kim Herzfeldt, Arapahoe CountyElaine Brofford, Denver CountyKen Clark, Denver CountyRandy Corporon, Arapahoe CountyMike McAlpine, Boulder County
