The year 2005 witnessed continuing improvement in the operations of the Soldiers’, Sailors’, Marines’ and Airmen’s Club (the “ SSMAC”). For the year, overall revenues increased by 35.6% to $1,207,439, while total expenses of $ 1,084,253 increased by only 4.7 %. As a result, we generated a cash flow surplus of $123,186 for the year, as opposed to a cash flow deficit of $147,330 for the year 2004. We once again had a successful Military Ball in October at the Pierre, at which we saluted the U.S. Army and the American Red Cross. Gen. Richard A. Cody, Vice Chief of Staff of the U.S. Army, accepted the SSMAC 2005 award for “Distinguished Military Leadership”, and Bonnie McElveen-Hunter, Chairman of the Board of Governors of the American Red Cross, was honored for her “Service to the Nation”. The 2006 Military Ball, to be held on October 4th will pay a well-deserved tribute to the U.S. Coast Guard, and Herb Browne, Vice Admiral, U.S. Navy (Ret.), President & CEO of the global military/defense industry organization AFCEA (the Armed Forces Communications and Electronics Association).
We likewise furthered our efforts to provide every possible assistance to our brave men and women returning from Afghanistan and Iraq as an integral part of our eighty-seven year old mission of “Serving Those Who Have Served Their Country”. In June we hosted a group of approximately fifty severely wounded soldiers and Marines, most of whom are amputees, when they traveled to New York City from across the country to participate in the five mile “Hope and Possibility” race held in Central Park. And in November we welcomed another group of “Wounded Warriors” who were here to compete in the New York City Marathon. The SSMAC absorbed the entire cost of their stay, supported through the generosity and gratitude of corporate and individual donations. As part of this most important initiative, we continued our program to make the SSMAC’s facilities more handicapped accessible.
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283 Lexington Ave. (at 37th St.)
New York, NY 10016-3540
Tel: (212) 683-4353
Fax: (212) 683-4374
Reservations: 1-800- 678-8443 (TGIF)
A 501 (C)
3 - NOT-FOR-PROFIT ORGANIZATION
Registered with The Secretary of State, New York
Div. of Corp., 41 State Street, Albany, N.Y. 12231
TAX ID: 13-1628214
