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Annual Report
1998 Industry Highlights

Table of Contents
A Message from the President and Chairman
Building for Growth
New York Building Foundation
1999 Priority Issues
Industry Outlook
1998 Industry Highlights
Financial and Membership Report
Financial and Membership Report
The Building Congress achieved solid financial and membership growth during 1998. Bolstered by increased program income and higher membership dues, total revenues exceeded $1.6 million for the first time. This enabled the Building Congress to enhance member services, including the production and mailing of a comprehensive membership directory, and increase industry advancement activities with government, the media and the business community. Greater long-term financial stability was assured through growth in the reserve fund to the equivalent of one year's operating expenses.

For the coming year, the Building Congress has resolved to increase and broaden the membership, implement a host of informative and entertaining events, and promote the industry legislatively in Albany and at City Hall. With membership now approaching 1,200 individuals, the Building Congress is able to take advantage of growing constituent support to promote its services to the industry as a whole.

New York Building Congress Unaudited Financial Report* for the 12 Months Ended December 31, 1998
Revenue  
Dues $ 572,000
Programs $ 994,500
Other $ 47,500
Total: $ 1,614,000
Disbursements  
Operating $ 767,000
Member Programs $ 578,000
Reserve Funds $ 79,000
Other $ 18,000
Total: $ 1,442,000
*Audit report from Anchin, Block & Anchin, LLP is available upon request.
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