Board of directors. 07/12/09
1. Leroy Charles (Chairman) & 1st Vice President of GEPAOAINC
2. James Corlette (Treasurer) & 2nd Vice President of ''
3. Irwin Daniels (Secretary) & Treasurer of ''
4. Oswald Gordon
5. Cecil Rawlins
The shock of my life. 07/12/09 - Present
This Corporation (our building), for years, has generated close to $100,000.00 in Rent and other revenue making activities annualy. Yet, a Financial Report was produced today that show a Bank Balance of $11,687.34. and a line of Credit taken out for $25,00.00 of which $16,00.00 is owed.
My Brothers and Sisters! Our building has no mortgage; only R/E Taxes, NYC Water / Sewage Charges, Utilities and General Maintenance. So:-
Where has all the money gone?
Compare these two: "Gepaoainc." Cash in Bank Accounts $10,000.00 +
"609" East 53rd .Realty Corp. Cash in Bank Accounts $00,000.00
An impartial CPA should examine this joke (I mean Financial Report).