Minnesota Valley Funeral Home holds annual meeting
NEW ULM – Minnesota Valley Funeral Homes & Cremation Services held its 85th annual meeting on March 18 at the New Ulm Civic Center. Approximately 500 members attended.
According to the financial report by Accountant Ken Vonderharr, the association had a very profitable year, the best ever recorded, a press release stated.
President Bob Schabert reported month-by-month activities during 2013.
General Manager Bruce Savoy reported that with the acquisition of the South chapel in New Ulm and the Hanska site the facts and figures that management and the board had discussed before making the purchase were close to targeted projections.
The funeral home handled 269 funerals in 2013, the most ever conducted by the association, Savoy reported. More than $165,000 in dividends were distributed to patrons since the last meeting, and 165 new memberships were issued.
On funeral pre-arrangement funds Savoy said that almost $900,000 was placed into funeral trusts in 2013, bringing the total the company holds in pre-arrangement funds to more than $6.1 million.
The guest speaker was Sally Webster, a former Health Insurance Counselor with the Minnesota River Area Agency on Aging for more than 20 years. She is currently a volunteer to provide information and education to Medicare beneficiaries at the New Ulm Community and Senior Center.
Re-elected to the board of directors were Frank Bianchi, Jim Flatau, and Schabert. At the organizational meeting, Schabert was elected president, Dick Lieb was elected vice president, and Jim Flatau was elected secretary-treasurer.