AMERICAN CHEMICAL SOCIETY - CONNECTICUT VALLEY SECTION

 

FINAL 2002 FINANCIAL REPORT  

 

January 1, 2002 – December 31, 2002

 

Norwich Savings Society "Super NOW" Account as of 01/01/02                                             $  1,672.78

Cash Reserve CDs as of 01/01/02                                                                                                      46,441.24

        TOTAL                                                                                                                                          48,114.02

 

                                                                           YEAR TOTAL                                                    '02 BUDGET                                                                             

RECEIPTS:

        ACS Section Allotment                                    13,781.00                                                          13,781.00

        ACS Local Section Dues                                    8,359.64                                                            6,500.00

        ACS Member Commission                                    210.00                                                               200.00

        Interest                                                                  2,976.13                                                            2,800.00

        Miscellaneous Income                                           933.79                                                               219.00

SUB-TOTAL RECEIPTS                                           26,260.56                                                          23,500.00

       

        Other Receipts:

                Valchemist                                                       904.00

                Section Meetings                                        1,580.00

                Student Awards                                              117.00

                Section Awards                                         1,000.00

                Other                                                            11,429.28

 

TOTAL RECEIPTS                                                  41,290.84

TOTAL (Receipts plus Checking Bal. Forward) $42,963.62

 

                                                                           YEAR TOTAL               RETURNS                 NET DISB'D                          '02 BUDGET

DISBURSEMENTS:

        Executive Board

                Meetings                                                          950.82                                                               950.82                                       800.00

                Administration                                                123.28                                                               123.28                                       200.00

        Ballot                                                                        485.22                                                               485.22                                       400.00

        Travel Councilors                                              10,370.69                    7,741.28                          2,629.41                                    2,500.00

        Travel Chair-Elect                                                     40.00                                                                 40.00                                       400.00

        Mailings                                                                3,714.65                                                            3,714.65                                    3,000.00

        Student Awards                                                   2,345.65                       117.00                          2,228.93                                    3,000.00

        Section Awards                                                   1,000.00                  1,000.00                                0.00                                       100.00

        Section Awards Fund Endowment                 3,343.86                                                          3,343.86                                    2,600.00

        Education                                                              5,351.87                    3,688.00                          1,663.87                                    2,000.00

        High School Teacher Travel                                 300.00                                                               300.00                                       500.00

        Valchemist                                                            8,352.39                       904.00                          7,448.39                                    4,500.00

        Publicity                                                                                                                                                                                               100.00

        Hospitality                                                                                                                                                                                           100.00

        Section Meetings                                                2,656.40                    1,580.00                          1,076.40                                    1,200.00

        National Chemistry Week                                     746.73                                                               746.73                                       600.00

        Certificates of Deposit                                        2,976.13                                                          2,705.00                                           0.00

        New Initiatives                                                                                                                                                                                 1,000.00

        SEED                                                                                                                                                                                                     500.00                             

TOTAL DISBURSEMENTS                                  42,757.97                15,030.28                      27,727.69                                  23,500.00

 

CHECKING BALANCE                                               205.65

CASH RESERVE IN CDs                                         49,417.37 

TOTAL BALANCE FORWARD                       $49,623.02                           

 

NOTE:  We have an additional $31,379.09 invested

in a SECTION AWARDS Certificates of Deposit, and                     _____________________________________________

$35,685.94 in the ANNA J. HARRISON AWARD FUND.             Arthur W. Dimock, Treasurer, CVS/ACS

                                                                                                                                                                                          


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