gautam samadder, md - American Association of Physicians of ...
gautam samadder, md - American Association of Physicians of ...
gautam samadder, md - American Association of Physicians of ...
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Treasurer’s Report<br />
It is my privilege and honor to serve you as your Treasurer and I am<br />
happy to provide you with updated financial status <strong>of</strong> our organization.<br />
I have done utmost to keep closed tabs on expenses. The financial<br />
activities are monitored closely with AAPI <strong>of</strong>fice and Dr. Narendra<br />
Kumar. Accounts are being reviewed on a weekly and monthly basis.<br />
Monthly Treasurer’s Report is being sent to entire Executive Committee<br />
before scheduled EC teleconferences.<br />
Ajay Lodha, MD<br />
Treasurer AAPI<br />
ALodha@aol.com<br />
All bills were paid in a timely manner. AAPI made a net pr<strong>of</strong>it <strong>of</strong> $731,641.57 from AAPI Multi-City Educational/Musical program.<br />
$25,000 was paid to the Charitable Foundation and $175,000 to Board <strong>of</strong> Trustees. $100,000 was given as advance to Chicago Convention<br />
and $50,040 was advanced to the next year’s AAPI Charitable Concert. Rest <strong>of</strong> the monies was reserved for operational expenses.<br />
The patron dues collected so far were deposited in the Board account.<br />
In order to bring consistency and to consolidate our financial positions, I am working diligently with the <strong>of</strong>ficers to raise funds for<br />
AAPI. A detailed Treasurer’s report will be presented at the Governing Body Meeting in Charlotte, NC on March 23, 2013.<br />
With Best Regards,<br />
Ajay Lodha, MD<br />
Treasurer, AAPI<br />
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