NEW?ULM - The 83rd annual meeting of Minnesota Valley Funeral Homes & Cremation Services was held on Tuesday, March 20, at the Civic Center in New Ulm.
According to General Manager, Bruce Savoy, 400 members attended.
The 2011 financial report was presented by accountant Ken Vonderharr. The funeral home experienced a successful financial year and that success was discussed with members in attendance. An overview of the past year was given by Board President Bob Schabert.
Savoy explained the addition of a crematorium to members. Because cremation is being chosen more frequently, putting in its own retort in house made sense and would save money that the funeral home had previously paid out for cremations. This service will only increase the association's revenue. Another major reason, Savoy stated, is that when a family choses cremation, all procedures will be done at the New Ulm location and with its own licensed staff. Savoy informed the association of a membership increase of 86 new families during the last year, bringing the total to 4,541 active memberships on the books. He also stated that the funeral home's prearrangements funds, which is money set aside by members for their future funeral expenses, had increased by $798,247.34 during the past year. The total amount that the funeral home has set aside in pre-arrangement funds is well over the $5 million figure, according to Savoy.
Guest speaker for the meeting was Candas Schouvieller, administrator of Oak Hills Living Center in New Ulm. She detailed changes made at the nursing home and assisted living center over the past year.
Members approved a name change. The legal name for the funeral home now is Minnesota Valley Funeral Homes & Cremation Services. This name has been registered with the Minnesota Secretary of State.
The membership also approved an increase in compensation for the board at monthly meetings.
Dean Wels and Richard "Dick" Lieb were re-elected to the board for three-year terms. Also elected for a three-year term was Grace Rubischko from the Gibbon area. In the re-organizational meeting, Bob Schabert was re-elected as president, Dick Lieb as vice president and Jim Flatau as secretary-treasurer.