Silver Horizons New Mexico Inc

“Advertising and Promotion $485”

“Office Expenses $689”

“Information Technology $5035”

“Conferences, Conventions, and Meetings $715”

“Insurance $1956”

“Utility assistance payments $33321”

“Home repair costs $23553”

“Board expenses $5336”

“Food for pantry $5280”

“Telephone $2845”

“Mileage and travel $1200”

“Bank fees $924”

“Furniture & Equipment $746”

“Dues and Subcriptions $388”

“Volunteer Appreciation $50”

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $3139”

“The following sections of the Bylaws were changed and the change approved by the board of directors:Article ISection 2. Purpose. The Corporation shall provide extra help to older adults with limited income in Bernalillo, Sandoval, Santa Fe, Torrance, Valencia Counties in New Mexico.Article IIISection 1. Number and term of Directors. The business, property and affairs of this Corporation shall be managed by a Board of Directors composed of not less than eleven (11) or more than seventeen (17) members. Each Director shall hold office for a term of three (3) years or until his or her successor is elected and qualified.Section 2. Staggered Terms of Directors. The Board of Directors shall have staggered terms, with one-third of Board member terms expiring each year. No Director may serve for three (3) consecutive terms.Article IXSection 1. Appointment of Employees.The Board of Directors may retain a President/ Chief Executive Office (P/CEO) to manage the daily operations of the Corporation. The Chair of the Board with the understanding that the entire Board of Directors retains the P/CEO and shall supervise the P/CEO.”