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2015 Holiday Party a Success
BY CHAPTER TREASURER LYNN MAGNUSSON, ASA
The chapter held it's Annual Holiday Party on January 13, 2016 in the private wine room at Lunello's Restaurant in Cedar Grove. This location has been proven to be pretty convenient for chapter members. Perhaps we've finally found a replacement venue for Pals Cabin in West Orange?
Our special guest was Regional Governor Gary Snowdon, from the Hudson Valley, NY chapter. He updated the group on the discussions taking place within the National ASA, including such topics as checking on the certifications of chapter members, encouraging candidates to advance, and educational opportunities among the disciplines. Hopefully, Gary will continue in his role representing the Region!
The members and guests were treated to a Five Star dining experience including appetizers, salads and a wide variety of creative entrees. Everyone raved about the food and service in a great environment. A friendly gift exchange among members took place amid wine tasting, toasting and recreational tippling.
The next event will be a planning meeting. The input of our chapter members is very important to the Board. Please contact a member with your questions or concerns.
Professional AchievementPaul is Senior Vice President of International Appraisal Company in Upper Saddle River, New Jersey. He has been active in the appraisal and property tax fields for over 40 years. He has lectured extensively, appeared on CNN and written several articles, most recently Ad Valorem/Mass Appraisal Specialty: A New Beginning and Opportunity for the Real Property Discipline, which he wrote with lead author Micheal R. Lohmeier, FASA, of the Detroit Chapter, and third author, David J. Kramer, ASA, also out of Detroit. During his career he has provided appraisals of commercial and industrial properties throughout the United States and Canada.
The ASA Board of Governors recently awarded our own Paul Roberts, ASA, with Life Membership in the American Society of Appraisers. Life Membership is awarded in recognition of outstanding contributions to the Society and to the valuation profession.
Paul's ASA achievements and contributions have been many at the Chapter, Region and National levels. A past president of the Northern New Jersey Chapter, he has served on it's Board of Directors for many years, and gone on to serve as Governor of Region 1. A member of the national Real Property Committee, he has also served as Real Property Governor. He's served as Chair of the Public Relations Committee, Chair of the Performance and Evaluation Committee, and as a member of the Admissions and Membership Committee.
Congratulations and thanks to Paul for decades of service to the profession and to the Society.
The October edition of the award-winning Chapter Newsletter is now available. Read up ...
Spring has been a busy time in the Garden State, and especially so at New Jersey Chapter 73. In March, William J. Morrison, CPA/ABV, president of Morrison & Company, a Paramus accounting firm specializing in the investigation and valuation of closely held businesses, addressed the Chapter meeting on Standards of Value. And Tim Griffith, ASA, president of Griffith Appraisals in Seacaucus, was nominated for ASA Region 1 Governor. A longtime ASA member, Tim is a past President of the Chapter, and a past Regional Governor, too. Read all the March news ... . Readers of the April Chapter 73 Newsletter learned that the Chapter will be participating with the Royal Institute of Chartered Surveyors in a joint meeting at which our own Joe Novelli, ASA and Paul Roberts, ASA will present an appraisal project on The Multi-Valuation of Masonic Hall. Paul's interesting and varied career is also highlighted in the April issue. And there's more...
Another edition of the North Jersey Chapter 73 Newsletter just arrived. The January edition, like its predecesssors is packed with news and information. But don't take our word for it, download and read a copy for yourself. If you like it, and we know you will, say thanks to Chapter Secretary Lynn Magnusson, AM, who produces it. The January issue features success coach and public speaker, Erik Swanson, who will hold a Business Building Workshop tailored for appraisers at the January Chapter meeting. In the spotlight for January: Joe Novelli, ASA, whose appraisal assignments have included Harrah's Casino in Atlantic City, Trump Tower in NYC, and Newark's Penn Station. And there's more...
The December Chapter Newsletter published by Chapter Secretary Lynn Magnusson, AM should be in your mailbox now. If you're not on the distribution list for this sprightly and informative monthly, let Lynn know! For now, go ahead and download a copy [PDF: 266kb]. In this issue: December meeting will feature Bob Connelly, ASA an Appraisal Clinic, and a Holiday Raffle... Paul Engle, Lynn Magnusson, Paul Roberts, Rudy Fernandez and Kal Barrow have made contributions for the Raffle; how about you?... In the December spotlight: Kyle Garcia, ASA, in the Business Valuation Group at Rosenfarb Winters, LLC, in Roseland, NJ... and more...
The sparkling November Chapter Newsletter is a cornucopia of news and information, thanks to NJ 73's indefatigable Secretary, Lynn Magnusson, AM the principal of Personal Property Consultants Inc. in Parsippany, NJ. Download your copy [PDF format: 377 kb] to keep up with the events in the Chapter that's always "moving forward." In this issue: 15-hr USPAP Course in Secaucus, NJ ... Joe Cimiluca wins October raffle ... Guest speaker Jennifer Lazor, Esq. garners audience kudos ... Sneak peek at future meeting guests and topics ... Former Regional Governor, Timothy A. Griffith, ASA in the spotlight... and more...
Hot off the presses: The second number of the new and even better October Chapter Newsletter. Download your copy [PDF format: 294 kb] to see what's new at Chapter 73. In this issue: Kal Barrow appointed Chair of the Chapter Education Scholarship Committee... Member Highlights... Value Added Raffle... Thanks to Charles Rosoff... Need CEU's?... and more...
A new and improved August Chapter Newsletter was distributed to members and associates and is available online in PDF format [233 KB]. One item that bears repeating: The Chapter Board has recommended M&TS appraiser Justin Thomas Bain, AM of MR Valuation Consulting in Colts Neck, NJ for advancement to Accredited Member in the Machinery & Equipment specialty. Congratulations Justin!
Outgoing Region 15 Governor, Timothy A. Griffith, ASA, has prepared a farewell message and report. Read it in the Special Edition of the Chapter 73 Newsletter, which includes a comprehensive and thoughtful report by Regional Governor Roger P. Durkin, ASA of Boston.
The Region 15 Annual Meeting, hosted by Long Island Chapter 72 and held in April at the Cradle of Aviation Museum was a resounding success, as all who attended will attest. Seen above are Jim Tonkinson, ASA, Chapter 72 President (2003-2005), guest speaker Leslie Miles, ASA, Jerry Larkin, ASA Executive VP, Regional Governor Tim Griffith, ASA, event organizer and a past Regional Governor, Bernie Sencer, ASA, and immediate past Regional Governor, Paul Roberts, ASA. Snapshots from the meeting are available in the 2005 Regional Meeting album.
At the June 2004 Installation Dinner, outgoing Regional Governor Paul Roberts, ASA, as one of his last official acts, swore in the 2004-2005 Chapter Officers, including Chapter President Mark Rodgriguez, ASA, Vice President, Karl Barrow, ASA, Secretary, Scott Vandervliet, ASA, and Treasurer, Benjamin Williams, AM. On hand for the festivities were outgoing Chapter President Jane Muranyi, ASA and incoming Regional Governor, Timothy Griffith, ASA. The images below capture some of the highlights.
|June 2004 Installation of Chapter 73 Officers
|Select an image for a closer look
Read 2003-2004 Chapter 73 President, Jane Muranyi, ASA's, farewell Newsletter. Jane wraps up her Presidency.
The nominating committee, under the leadership of immediate Past President, Timothy Griffith, ASA, has selected a slate of candidates. The Board of Directors of the Chapter has voted to accept the slate, which will be placed on the ballot. Other Chapter 73 members interested in becoming candidates should contact Tim Griffith by or by phone at 201-487-5900.
Here's the 2004-2005 slate of officer candidates:
Now it's up to you. Paper ballots will be mailed to qualified Chapter 73 members. Please mark the ballot and return it President Jane Muranyi -- before the printed deadline --so the votes may be counted and the final decision made. Your vote counts!
Regional Governor, Paul Roberts prepared a full report of the February 2004 Board of Governors Meeting. A condensed version of the report follows. The full report is available for download in PDF format. You'll need Adobe's Acrobat Reader to open it.
[Don't forget: This year's Region 15 annual meeting is dedicated to outgoing Regional Governor, Paul Roberts. Let's all show up to say "Thanks"!]
FROM: Paul Roberts, ASA, Governor, Region 15
TO: Region 15 Members
SUBJECT: Board of Governors Meeting
ASA held their Mid-term Board of Governors (BOG) meeting at International Headquarters in Herndon, Virginia, February 20-21. As has been my practice for the years I have served you, I wanted to provide a brief report on this meeting.
The morning program consisted of presentations by Staff Directors on their activities. After lunch, the new Public Relations Consultant, Sheri Singer of Singer Communications introduced herself and her firm by providing background, accomplishments and other clients. As Chair of the PR Committee, I look forward to working with Sherri this year.
Mark Frye, CPA, was the next speaker. He reviewed ASA's financial statements covering the fiscal year ending June 30, 2003 and explained that deferred rent liability and the allocation of expenses (governance, membership and management & administration) were the result of new reporting requirements. He provided the Board with a detailed explanation of the financial statements and answered all questions.
The next morning, the Secretary-Treasurer Donna Walker reported on the efforts of the Budget & Finance Committee (B&FC) and proposed a revised budget for 2003-2004 which reduced revenue $133,038 to $4,228,962 and operating expenses $184,869 to $4,150,006. With this revision, it was estimated that there would be a loss for the year of $125,000 after applying all accruals.
HQ-5: A resolution to award up to 100 hours of re-certification credit for preparing a new discipline or specialty exam or major revision of a current exam (including a study guide, bibliography, exam and retake exam) passed unanimously with only one abstention.
HQ-9: A resolution recommending Larry D. Phillips, ASA, as President, Donna J. Walker, ASA, as Senior Vice-President and Leslie H. Miles, ASA, as Secretary/Treasurer for 2004-2005 passed unanimously.
HQ-11: A resolution for an amnesty program to reinstate formerly designated members (AM, ASA) effective immediately through June 30, 2005 was passed unanimously. Under this program, the $100 reinstatement fee and Chapter approval are waived. An applicant must complete an application, pay current year dues, pass the ethics exam, meet the USPAP requirement within one year of reinstatement and receive approval from the discipline membership chair.
NAIFA: A report from the joint Task Force was discussed that presented three possible levels of cooperation: 1) joint programs (catalog, membership directory, annual conferences, chapter meetings and benefit programs), 2) joint RP education courses and physical or virtual merging of the Staffs and 3) full merger. After discussion, the consensus was that the Task Force should continue their efforts for at least the level two initiatives.
EBAY: A strategic alliance with eBay has been proposed to combat fraud and promote ASA and its members. Although the PR benefits to ASA would be significant, it was determined that the proposal requires further study.
From the presentations, it is evident that ASA has a dedicated and diligent Staff to serve our membership needs. In addition to administering the present programs, it appears that they understand the need to increase revenue and reduce expenses. Quite frankly I was very impressed with the staff and feel we are fortunate to have them.
Overall, much was accomplished at this Mid-Term BOG meeting. Considering the severity of the problems the BOG worked in relative harmony over the two days. As I visit your Chapters over the next few months, I will be happy to go into greater detail. If there are any questions, please contact me by or by telephone at 201-934-4573.
Read 2003-2004 Chapter 73 President, Jane Muranyi, ASA's, Newsletter. Learn why it will be her last!
Regional Governor Paul D. Roberts, ASA, wrote this letter to the members on returning from the ASA International Conference in Tampa, Florida.
As has been my policy for the three years I have served you, attached please find my report on the Board of Governors (BOG) meeting held in Tampa on July 11-12, 2003. I have also attached a detailed memorandum we received from headquarters on the areas of mutual interest with the Appraisal Institute (AI) and American Society of Farm Managers and Rural Appraisers (ASFMRA).
I have been reappointed as Chair of the Public Relations Committee. I look forward to a continued effort in the PR area with my committee and our consultants Potomac Communications Group. I am also Chair of the Performance and Evaluation Committee which is responsible for reviewing the performance of our Executive Vice President, Ted Baker.
I want to personally thank our outgoing International President John Connolly, III, ASA for his support and efforts for the past year. Under his watch we have an ongoing PR program. Also, as he promised the budget is balanced for the past year. In fact, I believe there will be a minor profit. This reverses the trend of annual loses for the past several years. On behalf of our region, I want to thank John for his service and wish him well in his future endeavors.
Please me with any questions you may have. (When you click on the link your software will open pre-addressed to my new email address.) I look forward to again serving you this year.
|Regional Governor Paul D. Robert's report and the memorandum on alliances with AI and ASFMRA are available for download in PDF format. You'll need Adobe's Acrobat Reader to open it.|
The June Installation Dinner was a special occasion for Chapter 73's distinguished Past President, Board Member and Past Regional Governor, Ralph Okrepkie, ASA.
Ralph, who earned the ASA Life Member designation-- for "outstanding contributions to the Society and/or the profession..." -- was recognized by the Chapter for a lifetime of exeptional service.
In the photo at right, Joseph Novelli, ASA presents the Chapter's Lifetime Achievement Award to Ralph Okrepkie saying "He always took on the tough issues and never backed down." (Click on the photo for a closer look.) Ralph is one of the few Senior Appraisers accredited in three separate disciplines, Machinery & Technical Specialties (Cost Surveys), Personal Property (Automotive Specialities), and Real Property (Residential). Besides being a licensed Real Estate Appraiser, Ralph is also a licensed Real Estate Broker.
Known for telling it like it is, Ralph Okrepkie characteristically gave credit to his wife for her unflagging support over the years.
A star-studded charity fund-raiser was held in East Hanover, NJ on May 21 to raise money
for a local family devastated by illness. Among the celebrities were Soap Opera stars, and
musicians such as The
Marvellettes, and Vertigo. Chapter 73 supported the event as an advertiser, and both
Regional Governor Paul Roberts, ASA and Chapter President Timothy Griffith, ASA participated
personally. Both report it was a night to remember.
Under consideration for the future: appraisal programs to be held at the Secaucus Public Library and Business
Resource Center and broadcast to home viewers via streaming video on the Library
Award applications have been submitted for the accomplishments of this year's super Chapter team. Let's all turn out in July at the ASA International Conference in Tampa, Florida to cheer on the winners.
|The award application is available for download in PDF format. You'll need Adobe's Acrobat Reader to open it.|
As the 2002-2003 ASA year draws to a close with the Installation Dinner in June (see the News page for details, outgoing Chapter President, Timothy Griffith, ASA offers his closing thoughts in the Spring Newsletter. In a Special Edition Newsletter, Regional Governor, Paul D. Roberts, ASA, looks back on the year. Both mention the special World Trade Center commemorative plaques made by New Jersey jeweler, Stefano Simone. Read the full story (featuring President Griffith).
The 2003-2004 slate of officers was elected as nominated and presented (see below). Congratulations to all!
The April chapter meeting was one of the most enjoyable in a long time, due in large measure to Wayne Kompare's wine tasting presentation. The excellent turnout included several prospective ASA members who expressed surprise at how much fun they had.
Here's the 2003-2004 slate of officer candidates prepared by the nominating committee and presented to the membership at the April 9th chapter meeting:
Now it's up to you. Paper ballots will be mailed shortly to qualified Chapter 73 members. Please mark the ballot and return it promptly. Your vote counts!
Regional Governor Paul D. Roberts, ASA, prepared the following report for inclusion in the ASA newsletter, Newsline
The Board of Governor's (BOG) mid-term meeting was recently held in New Orleans, Louisiana on January 25, 2003. While I have already submitted a detailed report to the entire region by email, I will summarize some of the highlights in this article.
The BOG heard a presentation from the Appraisal Institute (AI). Included in the discussion was Tom Motta, MAI, SRA, Past President, Alan Hummel, SRA, President and John Ross, Executive Vice President. The AI stated that they are ready to move on the areas of mutual interest: publications, education, and government relations and administrative functions. This joint effort also includes the American Society of Farm Mangers and Rural Appraisers (ASFMRA). Max Evans, ASA, the current President of ASFMRA, was also present and he stated that his society is in total agreement with this approach. This appears to be an excellent time to explore areas of mutual interest with these two societies.
It should be noted that ASA is going through a tough financial time as is the AI and other appraisal societies. The high cost of administration is the price we have to pay to provide the services our membership require. However, through partial consolidation with say the AI and the ASFMRA we may be able to streamline our administrative expenses. As part of this consolidation, one option would be for John Ross to act as the EVP for all three societies. Ted Baker's contract is due to expire on May 1, 2003. President Connolly has appointed an Executive Search Committee to make a recommendation to the BOG on the EVP position. The subject committee may recommend John Ross, or an extension of Ted Baker's contract or another person for the position. We expect the recommendations of the committee by April 1, 2003.
As far as resolutions are concerned, the Hudson Valley Chapter resolution that called for a concentrated effort to the Appraisal Foundation's Appraisal Qualification Board to raise the qualifications for personal property appraisers to the same level as other disciplines passed unanimously. Resolutions to eliminate the two-year appraisal experience for AMs and the discipline comprehensive exam requirement were both withdrawn. Resolutions to require a delegation of financial authority, and to extend Ted Baker's contract for six months were both tabled until April 1, 2003. A more detailed description of all resolutions and the actions of the BOG have been sent by email. If you do not receive the email information please contact me and I will see you receive a copy of the full write-up.
The tentative date for the joint region meeting is April 30, 2003. We will tour Ellis Island and the Statue of Liberty. Our speaker will be the Honorable Charles Gargano, Chairman and CEO of the Empire State Development Authority. The dinner location and the final details will be announced in the very near future. This should be quite a day so make sure you sign up early when the announcement is made.
I wish you all a healthy and successful year. As always, please contact me if I can be of assistance.
|The complete text of Regional Governor Paul D. Robert's report is available for download in PDF format. You'll need Adobe's Acrobat Reader to open it.|