Quote:
Originally posted by shadokat
Rudey--
I would assume that each chapter is billed their insurance $$ for the year, for risk management, which would be their revenues (what they collected). The expenses, I would assume are what they had to pay out due to violations. I could be wrong...just a thought.
All of the NIC and NPC publications go to the other organizations. As Editor of my sorority's magazine, I get a copy of most of the magazines. I don't think it's a bad idea that the men are stepping up to the plate and showing their alumni and collegiates what is the "state" of their fraternity. NPCs do their state of the sorority in a positive light, by giving kudos to the chapters with highest GPAs or making quota during recruitment or being at total. I don't think the NPC groups EVER really publish anything that goes on in terms of risk management in their magazines. I applaud SAE and Chi Psi for doing as such.
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Well usually there is revenue from dues and initiation fees. Then there are expenses like risk management. I am thinking there were $1.3MM in dues collected and $1.1MM of that went to risk management. Is that the case?
And risk management is a pretty broad topic. Does installing sprinklers in a house fall under risk management?
-Rudey
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