TREASURER’S REPORT
March 2014
Income: PCRTA
Dues 160.00
50/50 Drawing 43.00
Luncheon
52.00 (1,105 received, 1,053 paid NEOMED)
Total Income
255.00
Expenses: Newsletter
335.00
Directory
10.00
Speaker 300.00
Total Expenses
445.00
March 31 Checking Balance 14,486.31
Checking accounts have been opened at Kent Credit Union for the PCRTA treasury and also for the PCRTA Scholarship treasury.
Separate accounts are required by the IRS. We appreciate the Credit Union paying for our checks
and not charging a service fee.
A new investment account with Stifel Nicolaus has been opened for PCRTA Scholarship with a transfer of funds
from the PCRTA investment account. This is also an IRS requirement.
Many of our members are life members and do not need to
remember to make the annual dues payment. Members who have not paid 2014 dues are urged to do so now.
Newsletter mailing labels indicate your dues status. Members who receive their newsletters by email
can check their dues status by calling 333-678-8423. Send just one check made payable to PCRTA; we will
forward your dues to ORTA.
Treasurer's Report Nov 13, 2013, through
Jan 28, 2014
Prepared
by Darlene Fetterhoff, Assistant Treasurer
Begin. Checking
Account Bal. $14,100.77
Income
Total
$5,418.00
Local dues
576.00
State dues
1,190.00
Scholarship
453.00
Mama Mia 985.00
Luncheons 2,184.00
Ck for County Clothing by member 10.00
Cookbooks
20.00
Expenses
$5,196.46
D. Fetterhoff stamps &postage 26.79
ORTA
dues
$1310.00
Nov. and Dec. bank fees 6.00
Bob Grau-speaker 100.00
G. Darrah (gifts) 50.00
US Treasury
400.00
NEOMED luncheons
2,249.00
P. Farley office supplies 29.67
County clothing(replaced ck.) 10.00
EJ Thomas (Mama Mia) 1,015.00
Checking Account Balance $14,322.31
Scholarship
Total in Ck Account $ 8,473.58
Working Amount in Ck Account $ 5,848.73
Treasurer's Notes:
A Memorial contribution was given
in memory of Hilda Rohlf by Dave and Pat Gynn.
A Memorial contribution was given in
memory of Barbara Geisy by NEOMED Office of Academic Affairs.
A Memorial contribution
was given in memory of Barbara Geisy by Ruth Weigand.
FINAL NOTES
FROM YOUR TREASURER
Thanks to all of you who were so kind to me during the last
9.5 years that I have been treasurer. Sometimes we had to work out some kinks in the system and your patience was appreciated.
To those of you who wrote thank you notes in your membership payments recognizing my time and efforts, you were
so thoughtful. A few words of kindness often kept me going.
Darlene
Treasurer’s
Report October 13, 2011:
Beginning Checking Acct. Balance $11,193.61
Expenses:
$ 1,340.60
ORTA dues
360.00
NEOMED luncheon
871.00
D. Fetterhoff—Newsletter labels
9.60
Giving Doll Speaker
100.00
Income:
$ 2,282.00
Local Dues
170.00
ORTA Dues
360.00
Scholarship
147.00
Luncheon
844.00
50/50
81.00
Train
Trip
590.00
Ending Balance
$12,135.01
Scholarship Funds in Checking $ 5,578.58
Working Amount in Checking
$ 6,345.43
STRONG SUPPORT = STRONG BENEFITS
I would like to encourage you to pay your 2014 dues now. No need to wait until the 2014 calendar year begins. Check your
address label for your status. If you receive your newsletter by email notice, please call me for the information
you may need.
And now for the bad news, nearly twenty memberships will be canceled if they are not paid before
December 31. Their last payments were in 2012. Consider what your professional organizations are doing to support your
retirement benefits. We could very well lose a Trustee from Portage County, who represents us at ORTA and has involvement
in legislative concerns in Columbus if our membership declines so drastically. In the past we only lost about four people
a year.
To keep us strong we need everyone to help us. Please encourage a friend to join. Often I have
heard, "I can't or don't want to come to meetings." It is nice to have our local function as a social unit,
but it doesn't have to be that for everyone. Numbers behind our collective voice matter.
Strong support = strong benefits.
Report for July 11, 2013 to July 31, 2013:
Beginning Checking Acct. Balance:
$ 9,695.16
Income:
1,266.00
Local Dues 50.00
State Dues
150.00
Scholarships
113.00
Luncheon
819.00
50/50
114.00
Cookbooks
20.00
Expenses:
$ 1,408.59
ORTA Dues
150.00
Jim Montaquila-Scholarship
107.92
Dave Gynn-Membership
104.27
Barb Cribbs-Supplies & postage
19.40
July luncheon
1,027.00
Ending Balance:
$ 9,552.57
Scholarship Funds in Checking
$ 3,717.58
Checking Working Balance
$ 5,834.99
DUES UPDATE:
Check your address label for 2012.
Over 20 members have not renewed memberships in 2013 and 2012 appears on their address labels for state dues, local dues
or both.
On December 31, 2013 memberships will be cancelled if you have not paid since 2012. Please renew before
then so that we have a chance to keep our trustee whose strong, direct voice in Columbus helps us in many ways, especially
in maintaining our benefits.
Anyone paying at this point is paying for 2014.
Don't hesitate to call
me at 330-673-8164 if you have
any questions.
Treasurer - Darlene Fetterhoff
Treasurer's Report 6/1 13 to 7/10/13
Beginning
Checking Account Balance
$15,826.38
Income total
320.00
Local dues
90.00
State dues
210.00
Scholarship
20.00
Expenses
6, 451.22
Pat Gynn website fees
24.98
5 scholarships
5,000.00
(Brewster, Tuma, Spangler, Smith, Cooper)
May luncheon
910.00
Newsletters
300.24
Bank fees May and June
6.00
Checking Account Balance
9, 695.16
Scholarship Total in Ck Account
($850 transferred from scholarship to checking for 501c3) 3,881.50
Working
Amount in Ck Account
5,813.66
Investments
First Merit Business Account (Scholarship)
14, 841.85
Stifel
May
31, 2013
45, 466.57
June 30, 2013
$44,616.03
Darlene said that the $850 transfer was to cover
the cost of the filing fee for the 501c3. She said that First Merit offers
a business account and asked if we should invest in it for memorial scholarships. President Helena said the treasurer's report will be filed for audit.
Treasurer's Report 4/3/13-5/7/13 by D. Fetterhoff
Income Total $15,093.92
Local dues 120
437.00
State dues
270.00
Scholarship
35.00
Luncheon
12.00
Expenses $ 1,829.54
ORTA dues $
300.00
Newsletters - Matt Leedom
302.38
March Luncheon 69 X $13
897.00
Bank fees March and April 6
Federal 990, 2012 audit Alan Balog
220.00
OH registration fee for assets report Attorney General
50.00
Mailing labels D Fetterhoff
23.07
Mailing of forms and postcards-D Fetterhoff
31.09
Checking account balance
13,701.38
Scholarship total in CK Account
8,807.50
Working Amount in CK Account
4,893.88
Business Savings Account 2013 as of 04-05-13
$14,840.14
Total all scholarship funds
(PCRTA Scholarship
29.04%)
(Gene Newton 28.36%)
(Wendall-Mary 42.855)
Stifel Nicholaus Funds Short History
March
31, 2013 $44,881.44
Jan 31, 2013
$43,465.52
February 28, 2012 $ 43,624.71
Dec 31, 2012 $41,662.07
Stifel Nicholaus Funds
Stifel Nicholaus Funds | Initial Investment $40,000 |
| Amended
Investment $40,000 | March 2013 |
life | $23498.34 | 58.75% | $21713.34 | 54.28 |
Scholarship | $16501.66 | 41.25% | $18286.66 | 45.72 |
Explanation of amended investment:
$1875 was added to scholarship and subtracted from life.
Percentages were amended to reflect that change. This in accordance with passage of
motion made in March Executive meeting.
Growth figures will be based on the new percentages as is shown in this table.
| Stifel
Nicholaus Funds | $3624.71
growth based on 2/28/13 |
| Amended due to new percentages 3/17/13 |
|
Life Membership | $2129.52 | 58.75% | $1967.49 | 54.28% |
Scholarship | $1495.19 | 41.25% | $1657.22 | 45.72% |
Report for March 9, 2013 through April 3, 2013:
Beginning Checking Acct. Balance: $ 13,938.63
Income:
$ 1,522.50
Local dues
121.00
State dues
330.00
Scholarship
177.50
Luncheon
924.00
Expenses:
$ 367.21
ORTA dues
120.00
Pat Mazzer-Memorial
129.06
Darlene Fetterhoff-Postage & printing
8.15
Dues overpayment refund
10.00
Honor Flight Cleveland
100.00
Ending Balance:
$ 15,093.92
Scholarship Funds in Checking
$ 8,772.50
Checking Working Balance
$ 6,321.42
Darlene Fetterhoff, Treasurer
Report for January 1, 2013 thru January 27, 2013:
Beginning Checking Acct. Balance: $ 12,217.09
Income: No Activity
0.00
Ending Balance:
12,217.09
Scholarship Funds in Checking 8,480.00
Checking Working Balance $
3,737.09
Dues
Reminder
2013 dues should be paid if your newsletter address label contains a 2012 for ORTA and/or PCRTA
memberships. ORTA is $30 annually and PCRTA is $10.
Also, a reminder to help us save money- if you could receive your
newsletter via email that would save us nearly $5 yearly per person. That is half your annual dues. You can print it from
the website if you want a paper copy. Just let Pat Gynn or me know.
Any questions, call me at 330-673-8164. Darlene
| Treasurer - Darlene
Fetterhoff | | | | |
| | | | | | |
| 11/08/12 -12/31/12 | | | | | |
| | | | | | |
| Beginning Checking Account Balance | | $
| 9113.97 |
| Income Total: dues, donations, luncheon | | | 6,488.50 |
| Expenses | | | | 3,385.38 |
| Deborah Easton -speaker Nov | | | 100.00 |
| Nov and Dec bank fees | | | 6.00 |
| DFetterhoff-postcards &postage | | | 12.64 |
| ORTA dues | | | | 1,140.00 |
| Refunds | | | | 48.00 |
| Ck to Center of Hope (replacement) | | | 10.00 |
| 15 cookbooks | | | 90.00 |
| G Darrah-Supplies | | | | | 12.80 |
| NEOMED Nov luncheon | | | 816.00 |
| Forever Harmony Chorus | | | 50.00 |
| Dfetterhoff-Snowberger gift card | | | 25.00 |
| G Darrah candy | | | 18.94 |
| NEOMED Dec luncheon | | | 1,056.00 |
| Checking Account Balance | | | 12,217.09 |
| Scholarship Total in Ck Account | | | 88,480.00 |
| Working Amount in Ck Account | | | 37,737.09 |
| | | | | | |
| Business
Savings Account Dec 31, 2012 | | | |
| | | | | | |
| PCRTA Scholarship 29.04% | | | 4,315.09 |
| Gene Newton 28.36% | | | | 4,214.34 |
| Wendall-Mary 42.85% | | | 6,315.52 |
| Total all scholarship funds | | | | 14,858.46 |
| Stifel-Nicholaus Funds | | | | |
| Dec 31, 2012 Not available yet | | | | |
| 30-Nov-12 | | | | | | 41,264.56 |
| Initial investment: | | | | 40,000.00 |
| Life Membership | 58.75% | | | 23,498.34 |
| Scholarship | 41.25% | | | 16,501.66 |
| Working amount in CK account | 42.85% | | $ | 3,737.09 |
| | | | | | |
| 2013 PCRTA Budget: 1/10/2013 | | | | |
| Proposed by Darlene Fetterhoff, Treasurer | | |
| | | | | | |
| INCOME Checking Scholarship | | | | |
| Carrying over from 2012 Checking account | 3,737.00 |
| Anticipated annual renewals 93 x $10= | | | 930.00 |
| | | | | | |
| Total: | | | | 4667.09 |
| | | | | | |
| Income - Scholarships | | | | |
| Carry over 2012 | | | | 8,480.00 |
| NEOMED | | | | 7,500.00 |
| Total | | | | 15,980.00 |
| | | | | | |
| EXPENSES - Scholarships | | | | |
| | | | | | |
| 5 scholarships | | | 5,000.00 |
| Bica scholarship | | | 1,000.00 |
| 18 lunches | | | 234.00 |
| supplies/printing | | | 150.00 |
| Total | | | | 6,284.00 |
| | | | | | |
| 2014
Carryover (includes $50 from BICA 9596.00 | | 9,596.00 |
| | | | | | |
| General Expenses | | | | | |
| | | | | | |
| Newsletters and mailings | | | 2,000.00 |
| Printing of directories | | | 70.00 |
| Officesupplies/postage/postage/copying | | 400.00 |
| Memorial service flowers and supplies | | 100.00 |
| Sunshine fund | | | 100.00 |
| Auditing/990N fees | | | 250.00 |
| Bank fees and box of checks | | | 66.00 |
| Retirement planning workshop | | | | |
| (even yr only) | | | | | |
| Membership | | | 500.00 |
| Speakers and entertainment | | | 600.00 |
| Website($220 every 2 years) | | | 110.00 |
| Auto calls | | | | 100.00 |
| Miscellaneous | | | 371.09 |
| (Outgoing officers, awards, | | | | |
| charitable donations, ORTA area meeting | | |
| costs, Board approved items) | | | | |
| | | | | | |
| TOTAL
| | | $ | 4,667.09 |
10/8/12-11/7/12
Treasurer-Darlene Fetterhoff
Beginning Checking
Account Balance $9,130.73
Income
Total: dues, donations 850.00
Expenses
866.76
D. Fetterhoff-labels, paper, envelopes
17.52
Oct. bank fee
3.00
ORTA dues
540.00
Matt Leedom-newsletters
306.24
Checking Account
$9,113.97
Scholarship total in Ck Account
$5,640.00
Working Amount in Ck Account
3,473.97
Summary of Investments
1. Closed matured CD (Gene Newton) at $4.214.34 on Oct. 22.
2. Deposited
that amount in Business Savings Account which also earned $.47 interest.
New total is $14,857.32.
3. Stifel -Nicholaus remains as reported earlier
at $40,514.30 (Aug. 31).
Treasurer's Notes
Nearly 30 post cards to those who have not paid 2012 dues were
sent Sat. Nov. 3.
I requested that dues be paid by Dec. 15 to meet
the Dec. 31 deadline. At that time, membership will end if not paid.
Using
the STRS list sent to us by ORTA, seventeen hours was spent comparing that data with my records and then rectifying discrepancies
with Judy Durst's records at ORTA. Task has been completed.
No
information has been received from IRS concerning 501c-3 at this time.
Ron said that the treasurer's report would be filed for audit.
KUDOS
To $50 Scholarship Club
member Virginia Mills-Thank You!
To an anonymous
donor who sent a card with a monetary gift to each of our six 2012 scholarship recipients. PCRTA and the young
ladies thank you for your expression of kindness and generosity.
To Alan Balog
for donating his time and expertise to complete, along with Darlene Fetterhoff, our 501(c)(3) application. Darlene commented,
"Alan turned the task from a frightening nightmare into an annoying nightmare."
DUES AND MEMBERSHIP
Members who still owe for 2012 have been contacted recently by phone or by letter. Please pay as soon as possible.
When you pay, your membership will be credited through 2013. If not paid before December 31, your membership will be dropped.
Think how much ORTA does to support our pensions. At $30 annually that is $2.50 per month. PCRTA is less than $1 per
month.
Our collective voice is essential! Now that you realize what a bargain our membership is, ask a friend to join!
Seriously, we need to keep our ORTA trustee and that is done through our membership numbers. If we lose members, we
lose our trustee. Only the ten counties with the largest dual membership (state and local) are represented on the ORTA Board.
PCRTA has had a trustee for many years. Many of you realize the excellent job Dan McCombs
has done in the past as trustee, and currently Ron Snowberger continues doing
a fine job. We remain strong because we are well represented!
Treasurer - Darlene Fetterhoff
6/11/12 thru 7/10/12
Beginning Checking Account Balance 14,623.11
Income total: Dues
80.00
Expenses
5,336.57
Sarah Briggs
1,000.00
Jesseca Greene
1,000.00
Karlie Lieberth
1,000.00
Lauren McBride
1,000.00
Abigail Wemhoff
1,000.00
May and June bank fees
6.00
Matt Leedom-newsletters
320.57
Pat-Gynn-yearly public domain fee
10.00
Checking Account Balance
$9,366.54
Scholarship Total in Ck Account $4,391.00
Working Amount in CK Account $4,975.54
2012 Investment Summary (updated July, 2012)
Name | Amount | Maturity | Rate | Interest yr to date |
1st Merit: Wendall-Mary CD | 6,315.52 | 6/3/12 | .20 | CLOSED |
1st Merit: Scholarship CD | 4,315.09 | 7/10/12 | .1950 | CLOSED |
1st Merit : Gene Newton CD | 4,208.23 | 10/19/12 | .145 | $0 |
1st
Merit Business SavingsStifel-Nicholas Mutual Funds Initial Investment
Feb 15, 2011 Dec 31, 2011 Jan 31, 2012 Feb 29, 2012 March 31, 2012 | 10,641.15From
Life CD: 23,498.34 From
Scholarship: 16,501.66 $40,000.00 $38,243.55 (fees withdrawn) $37,185.27 $38,457.54 $39,382.82 $39,653.43 |
Begin date: 2/15/11 | .250 | Created on 6/12/12 |
Darlene said she closes each CD as it matures due to such low interest return and transfers the money to the newly
opened business account.
Darlene handed 5 envelopes enclosed with a $1,000
check in each to Jim Montaquila, Scholarship chairman, so he could present them to each scholarship recipient at the luncheon
meeting.
Dave Gynn had asked Darlene to discuss forming a resolution statement
in the event that PCRTA had to dissolve and should have a plan for distribution of the monies in our treasury.
Darlene said that Alan Balog completed the paper work for PCRTA to be recognized as a 501(c)(3)
organization for a tax-free status by the Internal Revenue Service.
After
some discussion, the PCRTA Executive Committee asked for a motion. Darlene made the following motion: In the event of dissolution
of PCRTA, the Executive Committee shall, after paying and making provisions for the payment of all liabilities, distribute
all the assets of PCRTA over to an organization dedicated to charitable and/or educational purposes and which has been recognized
as a 501(c)(3) organization by the Internal Revenue Service.
The motion
was seconded by Barb Cribbs. Motion passed with 16 members present.
It was
stated that the motion would become an addendum to the PCRTA bylaws.
Darlene
said she would prepare a document with the above resolution as adopted by the Executive Committee and would bring it to the
July 19th meeting for the Executive Committee officers to sign.
Darlene
said presently the Lowell Myers is the only designated scholarship
Report for June Newsletter May 10 - June 10, 2012
Beginning Checking Acct. Balance $13,759.26
Income:
Dues, luncheon, donations, Neomed $ 3,895.00
Expenses:
$ 3,031.15
ORTA Dues
240.00
NEOMED luncheon
1,440.00
J Montaquila - Scholarship
76.15
G. Darrah, Deocrations
36.97
K Stummer, scholarship
1,000.00
Gathering Place Charity 200.00
Dee Smith, Memorial Program 19.11
Pat Mazzer, Memorial Program
15.92
April Bank Fee
3.00
Ending Balance:
$ 14,623.11
Scholarship Funds in Checking
$ 9,391.00
Checking Working Balance $
5,232.11
NOTES FROM THE TREASURER: Please check your newsletter address
labels to determine your membership status. If 2011 appears, then you still owe for this year. For example, S2011P2011 indicates
that $40 is due-$30 for ORTA and $10 for PCRTA. Some may just owe for one organization rather than both. Please call me if
you have questions: Darlene at 330-673-8164.
LOSING MEMBERS: Believe
it or not, we lose members. You know the obvious ways, but there are members who try to hide from us. They have moved and
now we have no forwarding addresses. Even ORTA can't find them. If you know where Elaine Ochwat or Patricia Pownall are
living or their phone numbers, please call me at 330-673-8164. Thanks. Darlene
Membership Dues
Recently postcard reminders were mailed to those who have not paid 2012 dues. If you paid ORTA directly, please, just
send in $10 for PCRTA with a note that ORTA has been paid. ORTA does not notify me so this needs to be done in order
to keep accurate records. Also we are asking that dues be paid by June 1.
If you have questions, please call Darlene at 330-673-8164 or email me at darfett@yahoo.com. Thank you.
Report for April Newsletter: March 7 thru March 26, 2012
Checking Account Balance
$13,761.00
Income:
$ 1,310.00
Dues, donations, luncheon
Expenses:
$ 448.60
ORTA
420.00
D. Fetterhoff: postcard postage
28.60
Ending Checking Balance $14,622.80
Scholarship Funds/Checking
$ 8,291.00
Checking Working Balance
$ 6,331.80
Report for March Executive
Meeting: January 13 thru March 6, 2012
Beginning Checking Acct. Balance:
$ 11,772.48
Income:
$ 2,425.00
NEOMED, dues, donations
Expenses:
$
436.00
January Bank Fee
3.00
February Bank
Fee
3.00
Check Order Charge
30.90
Matt Leedom: 368 Newsletters
318.41
Matt Leedom: 35 Directories
56.00
D. Fetterhoff: Address Labels
24.77
Ending Checking Balance:
$ 13,761.40
Scholarship Funds in Checking
$ 8,107.00
Checking Working
Balance
$ 5,654.00
Report for November 10, 2011 thru January
12, 2012:
Beginning Checking Acct. Balance:
$ 8,195.10
Income: NEOMED,
dues, donations $ 6,276.00
Expenses:
$ 2,698.62
NEOMED luncheon
2,040.00
Speaker-Gene Easter
75.00
ORTA dues 450.00
Bank Fees for Nov/Dec
6.00
Stamps-D. Fetterhoff
8.56
Center of Hope 20.00
Printing-Ron Snowberger
42.60
TRZ calls 56.46
Ending Balance:
$ 11,772.48
Scholarship Funds in Checking $
6,187.00
Checking Working Balance
$ 5,585.48
Dues Update
Please check your newsletter address label to determine your current membership status. Dues need to be paid for
2012 if your label contains a 2011 for state or local dues.
State
dues (ORTA) are $30 per year and local dues (PCRTA) are $10. If you have paid ORTA directly, call me so records can
be updated. If you have any question, please call Darlene at 330-673-8164.
It is our goal to increase our membership each year to strengthen our collective voice. If you know someone
who may be interested in joining, please give them a call and direct them to any officer or membership chair for further
details.
Just think how much difference we could make if each one could
reach one!
Thanks,
Darlene
Report
for October 1, 2011:
Beginning Checking
Acct. Balance: $ 5,885.45
Expenses:
$ 1,675.80
Luncheon, United Methodist 1,000.00
Speaker-R. Pfingster
75.00
Bank Fee
2.00
ORTA dues 570.00
Stamps-D. Fetterhoff
8.80
Safer Futures
20.00
Income: $
1,917.00
Luncheon, dues, donations
Ending Balance: $
6,126.65
Scholarship Funds in Checking $
702.00
Checking Working Balance $
5,424.65
Treasurer's Report August 2, 2011:
Beginning Checking Acct. Balance:
$ 6,207.85
Expenses:
$ 1140.54
ORTA dues
120.00
U M Church-luncheon
860.00
J. Montaquila-scholarship expenses
160.54
Income:
$ 957.00
Dues, luncheon, 50-50, donations
Ending
Balance:
$ 6,024.31
Scholarship
Funds in Checking
$ 485.00
Working Amount
in Checking
$ 5,539.31
DUES REMINDER:
Please check your newsletter address label. If 2011 is listed, then now is the time
to renew for 2012, If 2010 is listed, your membership will end in December. Remember, your support of the local
and state organizations is greatly appreciated and needed in these changing times. Please call me if you have any question-330-673-8164.
Also, your dues payments for 2012 are welcome at anytime now.
THANKS FOR YOUR GENEROSITY: Scholarship Donations
of $50 or more donated at one time: Jane Hostler
Report
for April 8, 2011 to May 26, 2011:
Beginning
Checking Acct. Balance:
$ 9,998.62
Expenses:
$ 1,171.04
ORTA dues
150.00
U M Church-luncheon
760.00
MJ Brannon-memorial expenses
103.76
Safer Futures
127.00
AARP Class Refreshments—Kay Wise
30.28
Income:
$ 1,301.00
Dues, luncheon, 50-50, donations
Ending Balance:
$ 10,128.58
Scholarship Funds in Checking
$ 6,205.09
Checking Working Balance $
3,923.49
DUES REMINDER:
Please check your newsletter address label to determine
if you have not paid your 2011 dues. If S2010, P2010, or A2010 is listed, then please submit your dues as soon as possible.
Your continued support is needed and much appreciated.
THANKS
FOR YOUR GENEROSITY:
Thanks to everyone
who donated supplies and money to Safer Futures. Besides the many bags of donations, we were able to give Safer Futures $237 in cash donations!
| Nov. 11, 2010 - Jan 26, 2010 |
| | | | |
| |
Receipts
| | | | | |
| | Dues,Luncheon,Scholarship
Donations | $ | 4,419.00 | | |
| | Transferred funds from
CD | | 23,498.34 | | |
| | Total Receipts | | | $ | 27,917.34 |
| | | | | | |
| Expenses: | | | | | |
| | Political Luncheon | | 32.72 | | |
| | Informative Services | | 33.31 | | |
| | Retirement Planning | | 31.00 | | |
| | Tree City Toastmasters | | 50.00 | | |
| | Luncheons | | 1,680.00 | | |
| | ORTA | | 1,020.00 | | |
| | Membership Brochures | | 160.00 | | |
| | Officer Gifts | | 75.00 | | |
| | Dec. Entertainment | | 50.00 | | |
| | Bank Fees | | 6.00 | | |
| Total Expenses | | | | | 3,138.03 |
| | | | | | |
| Total Receipts Less Expenses | | | | | 24,779.31 |
| | | | | | |
| Beginning Checking Acct. Balance: | | |
| 23,857.05 |
| | | | | | |
| Ending Balance: | | | | | 48,636.36 |
| | | | | | |
| Restricted Funds | | | | | |
| Scholarship Funds
in Checking | | | | 18,350.24 |
| | | | | | |
| Checking Working Balance | | | | $ | 30,286.12 |
TIME TO PAY 2011 DUES
Dues for 2011 should have been paid by December 31, 2010, but will still be accepted until June, 2011.
Check your newsletter address label for your current status.
Call me at 330-673-8164 if you have any questions.
Note:
Income, Transferred funds from Life CD will be reinvested.
2011 PCRTA Budget: 01/27/2011
Proposed by Darlene Fetterhoff, Treasurer | | |
| | | |
| INCOME |
| |
| | | |
| Carryover from checking
account 2010 | $ | 25,220.02
|
| | |
|
| Transfer from Life CD into checking account | | 23,498.34 |
| |
| |
| Dues renewal of anticipated
annuals 23x$10 | | 230.00 |
| | |
|
| Dues renewal of anticipated associates 9x$5 | | 45.00 |
| |
| |
| Anticipated donations from
NEOUCOM | | 7,500.00 |
| | |
|
| TOTAL INCOME | $ | 56,493.36 |
| | | |
| EXPENSES |
| |
| | | |
| General Scholarships funds
(in Checking account) | $ | 15,950.24 |
| | |
|
| Carol Myers' 2 scholarships | | 2,000.00 |
| | | |
| Teresa Bica |
| 400.00 |
| | | |
| 423 mailings of 5 newsletters | |
2,000.00 |
| | | |
| Printing of directories |
| 100.00 |
| | | |
| Office supplies/postage/copying | |
400.00 |
| | | |
| Memorial service flowers and supplies |
| 100.00 |
| | | |
| Sunshine fund | |
100.00 |
| | | |
| Auditing/990N fees |
| 250.00 |
| | | |
| Bank fees and box of checks | |
53.00 |
| | | |
| United Methodist Church meeting room |
| 50.00 |
| | | |
| Retirement Planning Workshop | |
200.00 |
| | | |
| Lunches for 6 scholarship winners and
parents | | 180.00 |
| | |
|
| Membership | |
500.00 |
| | | |
| Speakers and entertainment |
| 300.00 |
| | | |
| Website | |
30.00 |
| | | |
| Possible investment of Life CD funds |
| 23,498.34 |
| | | |
| Additional Scholarship funds | |
7,500.00 |
| | | |
| Miscellaneous(decorating for luncheons
gifts for | | |
| outgoing officers, awards, charitable donations) | | 2,881.78 |
| | | |
|
TOTAL EXPENSES | | 56,493.36 |
Darlene presented the 2011 budget along with the 2010 budget for comparison.She said the audit info has been turned over to Alan Balog and he will also do the 990 N report.
She said the new membership brochures that Art Fesemyer had made are in color.
Darlene has to arrange bonding for herself according to our bylaws.
President Ron Snowberger said the treasurer's report is approved for audit.
October 1 - November 11, 2010
Beginning Checking Account Balance $21,409.49
Income $3,470.00
Expenses $1,022.44:
Bank fees (2months) 4.00, ORTA 660.00, Newsletters-Matt Leedom 358.44
Ending
Checking Account Balance $23,857.05
Scholarship Total
(deposited in checking account) $17,611.24 Carole Myers Memorial Scholarships $2K) included
Actual Working Amount in checking Account $6,245.81
September 8 to September 30, 2010
|
Beginning Checking Account Balance
|
|
|
$
|
21,011.25
|
|
Receipts
|
$
|
1,378.00
|
|
|
|
Expenses
|
|
|
|
|
|
Luncheon
|
|
880.00
|
|
|
|
Speaker - Nancy Granville
|
|
50.00
|
|
|
|
Bank Fee
|
|
2.00
|
|
|
|
Membership - D Gynn
|
|
41.79
|
|
|
|
Membership - A Fesemyer
|
|
5.97
|
|
|
|
Total Expenses
|
$
|
_ 979.76
|
|
|
|
Receipts Less Expenses
|
|
|
|
398.24
|
|
Ending Balance
|
|
|
$
|
|
|
Restricted Funds
Scholarship Funds in Checking,
including
Carol Myers' Scholar-
ships for 2011 and 2012
|
|
|
|
-15,616.24
|
|
Checking Working Balance
|
|
|
$
|
5,793.25
======
|
