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Lastly, I want to assure everyone in the Association that AAPG is being managed optimally, from both a service and financial perspective, and I’m sure we will continue to do so in the future.
Some people have asked me the following question, “Is a 2-3% annual deficit “bad news” in a non-profit organization like AAPG? Not for profit, book deficit, etc. Non-cash expenses may need to replace assets which is why we have such large savings account or our investment portfolio.