Michigan Movers Association

“Misc 1,178 miscellaneous advertising 705 total 1,883”

“Convention conference expenses 30,192 expenses office supplies 447 website 1,249 travel 788 board and committee meeting 1,635 mar convention 1,398 insurance 1,070 bank charges 1,633 dues 620 tariff justification 1,811 miscellaneous 2,293 mma scholarship 5,500 total 48,636”

“Reclassification of pac 0”

“Inventories for sale or use 5,169 7,929 prepaid expenses and deferred charges 1,000 11,123 total 6,169 19,052”

“Deferred revenue 300 2,055 sales tax payable 450 528 pro mover 660 1,360 scholarships 975 6,225”

“This past year the mma maintained a stable financial structure and was able to contribute significantly to retained earnings. As the michigan economy continues its slow recovery, numerous movers were feeling the effects of reduced demand for their services. Several went out of business in 2014 but it was the unexpected number of new stores which opened that was surprising. Both mma and mpsc staff regularly combed through craig's list postings, writing to movers who were not part of our database, encouraging them to both join the mma and get alegal a with the mpsc. We continued our tradition of financially subsidizing the annual convention, permitting smaller movers to attend at budget prices. This is the board's way of giving back to those movers who cannot afford to attend national meetings but still need the education they offer. Our quarterly newsletter continues to be one of the nicest in the industry and our website is an important resource for members and the public to gain information about michigan based movers and the industry in general. We also update members through constant contact emails on legislative, business and industry issues. Mma continues to be one of only three states which offers an intrastate promover designation. We currently have eleven michigan movers who are certified as michigan promovers. The mma academic scholarship fund (mma-asf) awarded 5,500 to nine college students this past fall and we anticipate an ever growing response to this worthwhile fund in 2016. Our board decided to pursue a tariff rate increase this year as several years have passed without a rate increase and margins are being pinched. We remain ever vigilant and watchful regarding legislation which affects the moving industry, taxation andgeneral business issues. We are prepared to participate when necessary to protect our industry's rights and ability to conduct business fairly and profitably.”