AMERICAN CHEMICAL SOCIETY - CONNECTICUT VALLEY SECTION

 

2003 FINANCIAL REPORT  

 

January 1, 2003 – May 28, 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                                    5,412.00                                                                                                              8,000.00

        ACS Member Commission                                                                                                                                                                200.00

        Interest                                                                                                                                                                                              2,600.00

        Miscellaneous Income                                                                                                                                                                       130.00

 

SUB-TOTAL RECEIPTS                                           19,782.00                                                                                                            25,300.00

       

        Other Receipts:

                Valchemist                                                                 

                Section Meetings                                           276.00

                Student Awards                                                        

                Section Awards                                              500.00

                Other                                                              9,455.57

 

TOTAL RECEIPTS                                                    30,013.57

                                                                                                                  TOTAL (Receipts plus Checking Bal. Forward)                      $30,219.22

 

                                                                           YEAR TOTAL               RETURNS                 NET DISB'D                          '03 BUDGET

DISBURSEMENTS:

        Executive Board

                Meetings                                                          197.00                                                               197.00                                       800.00

                Administration                                                227.12                                                               227.12                                       200.00

        Ballot                                                                                                                                                                                                    450.00

        Travel Councilors                                                5,395.51                    4,046.30                          1,349.21                                    2,600.00

        Travel Chair-Elect                                                   478.00                                                               478.00                                       600.00

        Mailings                                                                1,285.51                                                            1,285.51                                    3,200.00

        Student Awards                                                                                                                                                                               3,100.00

        Section Awards                                                                                         500.00                                                                               100.00

        Section Awards Fund Endowment                   2,164.80                                                            2,164.80                                    3,200.00

        Education                                                              3,571.43                    3,010.00                             561.43                                    3,100.00

        High School Teacher Travel                                                                                                                                                             400.00

        Valchemist                                                            4,317.91                                                            4,317.91                                    5,000.00

        Publicity                                                                                                                                                                                               100.00

        Hospitality                                                                                                                                                                                           100.00

        Section Meetings                                                   609.97                       276.00                             333.97                                    1,200.00

        National Chemistry Week                                                                                                                                                                 750.00

        Certificates of Deposit                                                                          2,399.27                       (2,399.27)                                           0.00

        New Initiatives                                                        150.00                                                               150.00                                    1,000.00

        SEED                                                                                                                                                                                                     500.00                             

TOTAL DISBURSEMENTS                                     18,397.25                  10,231.57                          8,165.68                                  25,300.00

 

                                                                                                                                CHECKING BALANCE                                                   11,821.97

                                                                                                                                CASH RESERVE IN CDs 47,018.10

                                                                                                                                TOTAL BALANCE FORWARD                                 $58,840.07   

 

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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