dans Posted January 24, 2020 Share Posted January 24, 2020 9 hours ago, seen-it-all said: Have you? As an alum, perhaps you should. If it were my corps who was skating on thin ice, I'd wanna know whatever they could tell me. Skating on thin ice? Source please. 2 Quote Link to comment Share on other sites More sharing options...
cixelsyd Posted January 24, 2020 Share Posted January 24, 2020 (edited) 21 hours ago, 2000Cadet said: Question validity is not the issue. It's TO WHOM you're posing the question that is the issue. Why would a spectator be looking at their financials? If you REALLY wanted to know the answer to that question, you'd ask the right people who are responsible for that. How naive would one have to be to expect an open, honest, thorough and unbiased response to their questions? To start off, there is already a prevailing attitude that runs in diametric opposition, best exemplified here: 16 hours ago, MikeD said: Those are indeed items DCI has an interest in knowing. That doesn't apply to FB, DCP, Reddit, etc...people who are making snide comments on social media. Those people do NOT have any right to know, as much as they might want to know. And then, in all likelihood, there is a sequence of events that has not completely played out yet. Hypothetically speaking, whether it is a negotiation still in progress, a restructuring that requires time for procedures to take place, or an upcoming fundraising deadline (or more than one of these)... those situations raise more questions with every attempted answer. So as crazy as it sounds, when the ultimate answer to your question is "sorry sir, you have to wait", asking an anonymous crowd on an Internet forum is a better way to get that answer than going straight to the dead-silent source. Here (after sifting through the trolling posts), it at least sounds like something is being done, and the challenge is not insurmountable. Edited January 24, 2020 by cixelsyd Quote Link to comment Share on other sites More sharing options...
dans Posted January 24, 2020 Share Posted January 24, 2020 The Cadets financial issues are a matter between DCI, the Cadets management team, the marching members and their parents. Not sure why anyone else needs to be involved. I applaud the current management team at the Cadets for sticking by the organization and making tough decisions to help ensure the future of this great drum corps. 1 2 Quote Link to comment Share on other sites More sharing options...
Terri Schehr Posted January 24, 2020 Share Posted January 24, 2020 7 hours ago, Jeff Ream said: rumor has it you marched on him a few times Tekk needs to watch “The Irishman”. Quote Link to comment Share on other sites More sharing options...
fsthnds Posted January 24, 2020 Share Posted January 24, 2020 13 hours ago, George Dixon said: "an unproven group of people" -- do you know who Denise Bonfiglio is???? What an absolutely RIDICULOUS statement. This "unproven" team is loaded with caption winners, championship winners, corporate leaders and DCI HOFers.. The same Denise who was accused of mismanagement of Lancer Foundation funds by her own family! 1 1 Quote Link to comment Share on other sites More sharing options...
Popular Post njthundrrd Posted January 24, 2020 Popular Post Share Posted January 24, 2020 (edited) Hey guys. I usually stay clear of this stuff and I appreciate those of you that understand my position. I'm basically going to tell you what has already been said on here. There are some smart people here with good sources. The Cadets are working on a number of things right now. All for the good. DCI is aware and being extremely helpful. The corps will be on the field this summer and will be highly competitive. The staff is being given the tools they need within the budget. The budgeting for the corps is realistic with expenses high and income low, it has an extremely generous line item for "unbudgeted expense," and in the words of a few highly respected Directors in the activity, it is "realistic and highly attainable and more corps should budget like this." This budget, when achieved, will leave the org with a surplus after the season also. A long term goal of a working 2 and 3 year (and beyond) plan is being forecasted. Every single drum corps (one or two exceptions) rely on donations through fans and alumni, every one. The Cadets have a phenomenal donor base that needs to continue to grow and give (that is astonishing to a large percentage of other corps) that, along with our generous sponsors, shows we run, and other events, is simply wonderful and successful. Denise is a rock star! The goal is to support her in everything she realistically needs. Her 30+ years of upper management (and an officer for 16 of them) at MetLife, along with her time with her father running the 27th Lancers, her time at The Cadets, and helping run Vanguard gives her the experience she needs to be both professional and a driving force for The Cadets. Her people and business skills are nothing short of amazing. She is far from a push over and has an acute mind for our activity. A quote from the movie Spinal Tap was "...These go to 11." Denise goes to 11 for The Cadets! She is more than capable of running this organization. I have considered her (because of mine and her relationship with George Zingali) a sister for many many years and that continues today. Once again. She is a rock star! When I first came to the corps in the fall of 1980 there was a shirt that some older members and alumni wore, for obvious reasons, that in simple block letters said, "We will never die!" Hang in there. I know there are a lot of questions that unfortunately cannot be answered right now for legal and practical reasons. Please respect that. What I can also tell you is that anybody that has been to the past couple of camps have seen the corps at ensemble can attest that the Cadet sound and style (and swagger) is back! This staff is on a mission and it is infectious. DCP has always been particularly tough on The Cadets, sometimes for the absolutely right reasons and sometimes with not enough information. I get that. Please understand, there is an army of people (of all ages and from all over the country) that are highly motivated for the corps to be both financially and competitively successful, not for just this season, but for many years to come. I am going to go back to lurking now. I have been on DCP since "day one" and love the debates here and actually learn a lot too (at least in the first few pages of a topic). I appreciate not being trolled or baited into an argument on this subject. Thanks all. With respect... Edited January 24, 2020 by njthundrrd 8 9 Quote Link to comment Share on other sites More sharing options...
rpbobcat Posted January 24, 2020 Share Posted January 24, 2020 1 hour ago, George Dixon said: I’m sorry but you aren’t being constructive and you don’t know what you’re talking about. It’s a dangerous combination oh look she has lots of experience running multi million dollar organizations: Professionally, Denise recently retired from MetLife where she was an officer of the company for 16 of her 35-year career. During Denise’s tenure at MetLife, her “hands-on” approach brought her to the front-line managing Insurance Product Software Development, and Quality Assurance functions in several locations around the US and Canada. Throughout Denise’s career at MetLife, she was extensively involved in company mergers and acquisitions converting software Illustration systems onto MetLife platforms. Denise managed a staff of 20 as well as associates in different locations around the country. Denise also played a significant role in relocating and transitioning MetLife’s Retail business operations to North Carolina. Denise is currently the Co-Founder and President of the Bonfiglio Foundation. As a non-profit charitable organization, the Foundation’s philanthropic mission is to raise money to provide scholarships in honor of George and Patsy Bonfiglio. Applications are accepted from young men and women that participate in DCI organizations. George Bonfiglio was the first president of the DCI Board of Directors and played a significant role in leading the organization through its early years to ultimately build a foundation for future success. From reading Ms.Bonfiglio's background,I don't know how much "hand's on experience" she's had, when it comes to budgeting, and other technical aspects of running a corps. I also don't know exactly what her/YEA's responsibilities are when it comes to this. From looking at her background it seems that, if she does have to handle the technical aspects of the corps, she would know where her expertise is and the type of people she needs to bring in . That is,assuming she has the authority to bring those people in. But,at most,she is only in charge of the "front of the house". It seems that,from reading the posts on this thread, the "back of the house" is where there are the most "issues". Again,as I posted,its unclear what the current relationship is between The Cadets and YEA. If they are still "joined at the hip",The Cadets could have still have "back of the house" issues. I would think that,by now,accountants have combed through all of YEA's records and have pretty good idea where they stand,financially. What's worrisome is that If even 1/3 of the comments about their finances posted on DCP are accurate, they are going to need to make some hard choices to stay viable. 1 1 Quote Link to comment Share on other sites More sharing options...
Spinning Posted January 24, 2020 Share Posted January 24, 2020 13 hours ago, JimF-LowBari said: Okaaaay.... is there anyone posting on DCP that could answer Cadets financial questions like ones that have been raised? Not asking for names just a yes or no.... if answer is no then senseless asking here... Yes Quote Link to comment Share on other sites More sharing options...
George Dixon Posted January 24, 2020 Author Share Posted January 24, 2020 58 minutes ago, rpbobcat said: What's worrisome is that If even 1/3 of the comments about their finances posted on DCP are accurate, they are going to need to make some hard choices to stay viable. perhaps you've missed all those "hard choices" that have been made and announced: 1. laying off YEA staff including $200K in salaries 2. a more limited tour schedule for Cadets 3. shutting down C2 This alone accounts for $500K a year in "difficult decisions" Cadets are also making self-built props this year - last year they paid $60K for the stairs Many many examples are announced of smart, conservatively minded decisions And I'm sorry - but if her corporate background as an officer of Metlife doesn't impressed you, perhaps her background with SCV and many other corps does JMO, George. 2 3 Quote Link to comment Share on other sites More sharing options...
Spinning Posted January 24, 2020 Share Posted January 24, 2020 3 hours ago, dans said: Skating on thin ice? Source please. I have personally been told by senior alumni members that the cadets were in dire straights unless a big corporate or private donor bailed them out and a new board is being formed. Of course this is all “rumor”, so if they don’t want rumors started, maybe they shouldn’t be spreading them, lol 1 1 Quote Link to comment Share on other sites More sharing options...
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