| TAMA Elections |
| The TAMA 2012 Election Committee would like to inform the nomination list with validity information for the upcoming TAMA elections. Please note that the last date for withdrawal will be 19th of October 2012. At this time we would like to request you to send your bio data so that we can facilitate the dispersal of this information to the Telugu Community via the news letter. If you send it by this Thursday we can send it to the community.
The TAMA Board has provided us with guidelines regarding the campaign for the elections for the 2013 Board / EC positions. They are as follows.
a) TAMA will not distribute Telephone numbers and e-mail address of TAMA members to the contestants or anyone. b) Contestant should not make phone call to TAMA Members soliciting support to vote for themselves or other contestant during this election. c) Contestants should not send individual or group e-mails soliciting support or asking for vote in this election. d) Violation of b and c above mentioned will disqualify the contestant from this election. e) All the contestants will have a fair and equal chance to reach the TAMA members for soliciting vote through TAMA NEWS LETTER containing the profiles of the all the contestants. The Decision of the Election Committee is final. Please consider the following candidates for the given positions as elected and final. Uncontested for Executive Committee: Mahesh Pawar - President Vinay Maddineni - General Secretary Venkata Ramanarao Meesala - Treasurer Murali Kakumani - Literary Secretary Anil Boddireddy - Education Secretary Pabba Chittariah - Technology Secretary Srinivas Peddi - Event Secretary Vijay Ravilla - Cultural Secretary Nagaraju Manthena - Media Secretary Sriharsha Yerneni - Sports and Youth Secretary ---------------------------------------------------------------------------------------------------------------------------- Elections will be held for the following positions. Executive Committee: Vice President: Vijay Kothapalli Sandhya Yellapragada Board of Directors: Contestants for 5 Board of Directors (2 year term): Sudhakar Borra Viju Chiluveru Anand Garlapati Ram Maddi Sudhakar Vallurupalli Sunil Savili |
October 30, 2012
TAMA Elections for 2013
March 1, 2012
అయ్యలారా, అమ్మలార; మా గోడు విన GBM కి రారండి!
Dear TAMA members,
We have been hearing a lot of stories/gossips about 2010 Financials from different unauthorized sources for the last 2 months. 2010 Executive Committee would like to inform you that we shared 2010 bank statements, online transactions information, receipts for the expenses incurred in 2010 and also detailed and summarized versions of 2010 Financials with the current Executive Committee and Board. We also reviewed the 2010 financial details (income, expenses, showing receipts of expenses) with the current EC members and three Life Members (Dr.P.V.Rao, Shyam Nagalla, Satish Musunuri) as observers during this meeting.
2010 Executive Committee worked hard and also spent lot of money from their pockets to bring a variety of quality programs to the members for all the events. All these programs were planned based on the expected revenues (pledges and commitments) from the community but pending pledges and pending ticketed income from programs like Super Singers Musical Concert and Palleku Podaam resulted in negative cash flow. 2010 EC would like to present all the facts to current TAMA members about 2010 financials through GBM to clear all misunderstandings arising out of false propaganda on this matter.
For your reference, we are attaching the summary of 2010 Financials. Click Here to download the file.
2010 Executive Committee worked hard and also spent lot of money from their pockets to bring a variety of quality programs to the members for all the events. All these programs were planned based on the expected revenues (pledges and commitments) from the community but pending pledges and pending ticketed income from programs like Super Singers Musical Concert and Palleku Podaam resulted in negative cash flow. 2010 EC would like to present all the facts to current TAMA members about 2010 financials through GBM to clear all misunderstandings arising out of false propaganda on this matter.
For your reference, we are attaching the summary of 2010 Financials. Click Here to download the file.
2010 EC is requesting current EC to call for a GBM to present and discuss the financial details of 2010.
Thank you,
TAMA 2010 Executive Committee
Thank you,
TAMA 2010 Executive Committee
January 10, 2012
సీడీ గారడీ, తామాకి బురిడీ
TAMA CD Funds mismatch and missing details about CDs
Please take a moment and understand the financial discrepancies in TAMA 2010 and 2011.
We, the life members of TAMA, who care about well being of TAMA are very concerned about the handling of finances for the past one year. There will be a board meeting of TAMA on 1/7/2012 to discuss the same irregularities. And, we want to make the attendees understand the gravity of the situation and prepare them with some pointed questions that they should direct at the TAMA EC and board. This is important because the board answers will determine the health of TAMA, which is paramount for the Telugu community of Atlanta. We don’t have faith in the board and EC to come forward and discuss the issues candidly. And, that’s why you need to ask the following questions.
1. What was the amount in CDs that was passed on to 2009 EC by 2008 EC? (Answer should be $126,968.69)
2. What was the amount in CDs that was passed on to 2010 EC by 2009 EC? (Answer should be $160,270.97)
3. What was the amount in CDs that was passed on to 2011 EC by 2010 EC? (Answer should be $169,405.97)
Follow up question should be: What happened to life membership fees of $9135, that should actually been put in CD?
4. As per the TAMA financial statement of 2011, the income was shown as $236,446.00 and expenses as $201938.60, resulting in a profit of $34,508.40, which should have been added to the then existing CDs worth of $169,405.97. Simple math says the value of the CDs must be $203,913.97. Now the question should be what was the amount in CDs that was passed on to 2012 EC by 2011 EC? (Answer should be $203,913.97).
5. If the CDs were broken for any reason, was it approved by the GBM as required by the by-laws?
6. How could the audit committee declare the 2010 financial statement to be correct, if the numbers don’t match with the above answers?
7. How could Madhu Tata, President of 2010 EC and Board Director of 2011 engage his restaurant business with TAMA, a non-profitable organization? Is it not a conflict of interest and ethics?
The following is the CD information gathered from 2009 EC. Where is the transparency promised by the 2010 EC before they got elected if they would not even provide complete information of CDs?
Summary of TAMA Accounts:
Beginning of 2010:
Starting CD Amount as of 2-JAN-2009 $126,968.69
Starting CD Amount as of 04-JAN-2010 $160,270.97
Life memberships amount from 2010 $ 9,135.00
Supposed total by end of 2010 $169,405.97
Total CD as per TAMA 2010 finance statement $ 90,059.26
Difference in CD amount by end of 2010 -$ 79,346.71
Beginning of 2011:
Starting CD amount should be $169,405.97
Total revenue as per TAMA statements $236,446.00
Total Expenses as per TAMA $201,938.60
Total Profit from 2011 as of 9/30/11 $ 34,508.40
Supposed total CD amount as of 9/30/11 $203,913.97
Total CD as per TAMA 2010 finance statement $ 99,194.30
Difference in CD amount as of 9/30/2011 -$104,719.67
Why do we see so much difference ($104,719.67) in CD accounts?
• For CD details at the end of 2009
Please visit the following link to view TAMA 2010 and TAMA 2011 Financial Statements
http://tama.org/node/156
As a life member it is our right to know the details of these mismatching amounts. We should not accept any masked information from the EC 2010 and 2011. We should demand a financial statement from the bank with CD account numbers. It is those ECs responsibility to provide that information to every TAMA member.
Let us object these kinds of manipulations by some individuals who controls the organization for their own benefit. Let us boycott attending any TAMA functions or donations to TAMA until we get a clear answer from both the ECs of 2010 and 2011.
Thank You
TAMA Life Member
Please take a moment and understand the financial discrepancies in TAMA 2010 and 2011.
We, the life members of TAMA, who care about well being of TAMA are very concerned about the handling of finances for the past one year. There will be a board meeting of TAMA on 1/7/2012 to discuss the same irregularities. And, we want to make the attendees understand the gravity of the situation and prepare them with some pointed questions that they should direct at the TAMA EC and board. This is important because the board answers will determine the health of TAMA, which is paramount for the Telugu community of Atlanta. We don’t have faith in the board and EC to come forward and discuss the issues candidly. And, that’s why you need to ask the following questions.
1. What was the amount in CDs that was passed on to 2009 EC by 2008 EC? (Answer should be $126,968.69)
2. What was the amount in CDs that was passed on to 2010 EC by 2009 EC? (Answer should be $160,270.97)
3. What was the amount in CDs that was passed on to 2011 EC by 2010 EC? (Answer should be $169,405.97)
Follow up question should be: What happened to life membership fees of $9135, that should actually been put in CD?
4. As per the TAMA financial statement of 2011, the income was shown as $236,446.00 and expenses as $201938.60, resulting in a profit of $34,508.40, which should have been added to the then existing CDs worth of $169,405.97. Simple math says the value of the CDs must be $203,913.97. Now the question should be what was the amount in CDs that was passed on to 2012 EC by 2011 EC? (Answer should be $203,913.97).
5. If the CDs were broken for any reason, was it approved by the GBM as required by the by-laws?
6. How could the audit committee declare the 2010 financial statement to be correct, if the numbers don’t match with the above answers?
7. How could Madhu Tata, President of 2010 EC and Board Director of 2011 engage his restaurant business with TAMA, a non-profitable organization? Is it not a conflict of interest and ethics?
The following is the CD information gathered from 2009 EC. Where is the transparency promised by the 2010 EC before they got elected if they would not even provide complete information of CDs?
Summary of TAMA Accounts:
Beginning of 2010:
Starting CD Amount as of 2-JAN-2009 $126,968.69
Starting CD Amount as of 04-JAN-2010 $160,270.97
Life memberships amount from 2010 $ 9,135.00
Supposed total by end of 2010 $169,405.97
Total CD as per TAMA 2010 finance statement $ 90,059.26
Difference in CD amount by end of 2010 -$ 79,346.71
Beginning of 2011:
Starting CD amount should be $169,405.97
Total revenue as per TAMA statements $236,446.00
Total Expenses as per TAMA $201,938.60
Total Profit from 2011 as of 9/30/11 $ 34,508.40
Supposed total CD amount as of 9/30/11 $203,913.97
Total CD as per TAMA 2010 finance statement $ 99,194.30
Difference in CD amount as of 9/30/2011 -$104,719.67
Why do we see so much difference ($104,719.67) in CD accounts?
• For CD details at the end of 2009
Please visit the following link to view TAMA 2010 and TAMA 2011 Financial Statements
http://tama.org/node/156
As a life member it is our right to know the details of these mismatching amounts. We should not accept any masked information from the EC 2010 and 2011. We should demand a financial statement from the bank with CD account numbers. It is those ECs responsibility to provide that information to every TAMA member.
Let us object these kinds of manipulations by some individuals who controls the organization for their own benefit. Let us boycott attending any TAMA functions or donations to TAMA until we get a clear answer from both the ECs of 2010 and 2011.
Thank You
TAMA Life Member
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