AMERICAN CHEMICAL SOCIETY - CONNECTICUT VALLEY SECTION

 

2003 FINAL FINANCIAL REPORT  

 

January 1, 2003 – December  31, 2003

 

Norwich Savings Society "Super NOW" Account as of 01/01/03                                                                                                         $     205.65

Cash Reserve CDs as of 01/01/03                                                                                                                                                                  49,417.37

        TOTAL                                                                                                                                                                                                      49,623.02

 

                                                                           YEAR TOTAL                                                                                                    '03 BUDGET                                             

RECEIPTS:

        ACS Section Allotment                                    14,370.00                                                                                                            14,370.00

        ACS Local Section Dues                                    8,401.00                                                                                                              8,000.00

        ACS Member Commission                                    165.00                                                                                                                 200.00

        Interest                                                                  2,567.83                                                                                                              2,600.00

        Miscellaneous Income                                           428.47                                                                                                                 130.00

 

SUB-TOTAL RECEIPTS                                           25,932.30                                                                                                            25,300.00

       

        Other Receipts:

                Valchemist                                                                 

                Section Meetings                                        2,647.30

                Student Awards                                              110.00

                Section Awards                                              500.00

                Other                                                            13,643.85

 

TOTAL RECEIPTS                                                    42,833.45

                                                                                                                  TOTAL (Receipts plus Checking Bal. Forward)                      $43,039.10

 

                                                                           YEAR TOTAL               RETURNS                 NET DISB'D                          '03 BUDGET

DISBURSEMENTS:

        Executive Board

                Meetings                                                          961.66                                                               961.66                                       800.00

                Administration                                                303.72                                                               303.72                                       200.00

        Ballot                                                                        522.06                                                               522.06                                       450.00

        Travel Councilors                                              10,127.23                    7,597.08                          2,530.15                                    2,600.00

        Travel Chair-Elect                                                   478.00                                                               478.00                                       600.00

        Mailings                                                                2,352.06                                                            2,352.06                                    3,200.00

        Student Awards                                                   2,268.50                       110.00                          2,158.50                                    3,100.00

        Section Awards                                                      500.00                       500.00                                                                               100.00

        Section Awards Fund Endowment                   3,360.40                                                            3,360.40                                    3,200.00

        Education                                                              6,340.54                    3,647.50                          2,693.04                                    2,000.00

        High School Teacher Travel                                                                                                                                                             400.00

        Valchemist                                                            6,582.59                                                            6,582.59                                    5,000.00

        Publicity                                                                                                                                                                                               100.00

        Hospitality                                                                                                                                                                                           100.00

        Section Meetings                                                4,478.34                    2,647.30                          1,831.04                                    1,200.00

        National Chemistry Week                                     791.02                                                               791.02                                       750.00

        Certificates of Deposit                                        2,567.83                    2,399.27                             168.56                                           0.00

        New Initiatives                                                        150.00                                                               150.00                                    1,000.00

        SEED                                                                                                                                                                                                     500.00                             

TOTAL DISBURSEMENTS                                     41,783.95                  16,901.15                        24,882.80                                  25,300.00

 

                                                                                                                                CHECKING BALANCE                                                     1,255.15

                                                                                                                                CASH RESERVE IN CDs 49,585.93

                                                                                                                                TOTAL BALANCE FORWARD                                 $50,841.08   

 

NOTE:  We have an additional $35,771.24 invested

in a SECTION AWARDS Certificates of Deposit, and                     _____________________________________________

$35,197.28 in the ANNA J. HARRISON AWARD FUND.  Arthur W. Dimock, Treasurer, CVS/ACS

                                                                                                                                                                                           


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