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Volume Volume Volume XXXVII - October 2002

Treasurer's Report

Prepared by Dr. Jon B. Suzuki
December 31, 2001

Statement of Funds

Assets

Dec 31, 2001 Dec 31, 2000
Petty Cash $19.57 $19.57
Cash on Deposit, U.S. Bank 44,357.83 57,308.58
Transmatic Account, Tier One   1,834.23   1807.29
Treasury Bill, Tier One  23,483.95  22,210.36
CD (Craig Fund) #165, Union Bank 10,000.00 ---
CD (Craig Fund) #169, Union Bank 10,000.00 ---
Total Assets $89,695.58

$81,345.80

     
Craig Fund (20,000.00) (21,415.00)
Net Assets   $69,695.58 $59,930.80
     

Net Worth

   
Beginning Balance-Operating (Adjusted)   $59,930.80   $61,978.46
Change in Funds Available (see below) 9,764.78 2,047.66
    $69,695.58   $59,930.80
     
Statement of Changes in Fund Balance

Sources of Funds

   
Craig Fund $5,815.00 ---
Chapter Dues  7,450.00 4,810.00
Membership keys, pins, fees and certificate   25,822.00   23,043.00
Miscellaneous Income 100.00  109.75
Interest Income - NOW($7.00), Transmatic Account($0.88), T. Bill ($91.29), Money Market ($1,399.35), C.D.'s - Union Bank ($1,036.64) 1,712.49.00 1,561.83
    $40,899.49   $29,524.58
     

Uses of Funds

   
Certificates, keys & pins   $12,530.39   $12,593.14
Craig Award 1,000.00 ---
Miscellaneous Expenditures      1,922.34     3,732.76
Secretary's Office Expense    11,151.63   6,137.11
Executive Committee Expense   4,001.76   4,138.47
Web/Bulletin Expense   137.77 1,769.00
OKU Meeting Expense 390.82 2,201.76
    $31,134.71  $31,572.24
     
Change in Funds Available

$ 9,764.78

$2,047.66

     
Miscellaneous Income:    
Charter from Nova Southeastern   $100.00
     
Miscellaneous Expenditures:    
Honorarium for Secretary-Treasurer - Dr. Jon Suzuki   $1,000.00
Honorarium for Editor   500.00
Biennial Corporation Report    20.00
Bond for Dr. Suzuki  

100.00

Charter for Chi Psi   100.00
Returned check   52.34
Attorney consultation regarding lottery    150.00
    $1,922.34
     
Annual Meeting Expense:    
Gavel Plaque for outgoing president, Dr. James Delahanty   $54.90
Leeper Plaque ($234.30), Craig Award ($30.57)   264.87
Chapter Award - plaque       71.05
    $390.82
Secretary's Office Expense:    
Secretary  Expense   $ 3,600.00
Telephone   164.55
Postage   611.98
Printing (stationery, certificates)   2,406.10
Supplies (Envelopes, 2 lap top computers, copying)   4,119.00
Buckley & SitzMan - (preparing Form 990)      250.00
    $11,151.63
Craig Award:    
Dr. Carol Murdock   $1,000.00
     
Executive Committee Expense:    
Ms. Jan John   $897.19
Dr. James Delahanty   669.74
Dr. Judith Buchanan   785.46
Dr. Ross Beirne  

756.50

Dr. Jon Suzuki      892.87
    $ 4,001.76
     
Bulletin and Web Expense:    
Maintaining Website   $137.77