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Gun Owners Alliance |

Alliance (e li'ens) -A close
association for a common objective.
23 December 2003
"From NealKnox.com - NRA's $100mil Deficit in NYTimes"
Chris W. Stark -
Director & email editor
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http://www.nealknox.com/
Dec. 23 Neal Knox Update – Yesterday’s New York Times discussed NRA’s
$100 million deficit “net worth,” which was revealed in the Annual
Report available to members – and the press – at the Orlando Annual
Meetings in April.
They also reported that the NRA pension fund has a $9.9 million
deficit, which according to NRA’s tax returns, hadn’t been contributed
to for at least three years. Further, that in 2001 management
doubled its line of credit to $12 million, and quickly drew $10 million
out.
But not to worry, Treasurer Woody Phillips told the Times, the deficit
is due to unfulfilled obligations to provide members with magazines and
services, and that the growing deficit is a “sign of strength,”
indicating a growing membership. Such optimism must be why his
salary and benefits totaled $349,250 in 2002.
NRA’s response to members about the Times article is that the “deficit
talk is just Neal Knox trying to create an issue,” trying to make a
mountain out of a molehill. Even in Washington, $100 million is a
pretty good sized molehill. I didn’t create it.
In 1997, when the Finance Chairman and I, as first vice president,
raised the alarm at the Board meeting and Annual Meeting concerning
huge expenditures without contracts and other bad business practices,
the deficit was about $46 million.
Just for the record: The New York Times called me, I didn’t call
them. They asked for my response to what they had uncovered, which
included NRA’s tax returns and other information that isn’t available
even to Board members, much less ordinary members like us.
Director (and Vice President in the early ‘90’s) Wayne Ross told the
Times he doesn’t mind deficit spending if NRA is “fighting the good
fight.” I agree totally.
And former Second Vice President Al Ross said that the members will
always pony up the needed funds when it’s necessary. Again, I
agree.
And I told the Times reporters so.
The Times mainly wanted to know if the deficit meant NRA wouldn’t be
able to mount the kind of campaign that helped elect George Bush and
Republican Congressional majorities in 2000.
I told them it did not, that NRA could campaign as hard as necessary,
for the members would provide the needed funds. That must have
been a disappointment to them.
But NRA is spending far too much on non-essentials – particularly poor
quality public relations and excessive fundraising mail, which fattens
the treasuries of NRA’s fundraisers, printing and mailing houses, and
the U.S. Postal Service while driving away members.
And nothing has made me angrier than the millions of dollars given to
the Republican National Committee – for some of that money was used in
efforts to elect anti-gun Republicans and defeat pro-gun Democrats.
That wasn’t just unnecessary, that was stupid, and I told the Times
so. (Funny, but the N.Y. Times, which editorially endorsed Wayne
LaPierre as NRA E.V.P. when I was challenging him in 1997, didn’t use
that quote.)
While Treasurer Woody cavalierly dismisses the deficit, I know a lot of
Directors don’t, and that there will be some serious belt-tightening
when next year’s budget is presented at the winter Board meeting.
That’s good, for NRA isn’t the U.S. Government. It can’t just
print more money. And NRA can’t continue deficit spending forever
- not if it’s going to be around to fight for our gun rights.
See the NYTimes Article at: http://www.chron.com/cs/CDA/ssistory.mpl/nation/2311539

