National Office Income and Expense Reports 2006 and 2007Last year’s expense report from the Executive Secretary’s Office, covered the period March 16, 2006 through March 15, 2007. From nowon this information will be reported on a calendar year basis. Since a dues increase was implemented in 2007, calendar year reports forboth 2006 and 2007 are provided here for comparative purposes.Category Description 1/1/2006–12/31/2006INFLOWSUncategorized .............................. 1,079.35Certificate Replacement .........................20.00Charter Fee ..................................305.00Convention Dorm Room ........................50.00Convention Registration Fee .................. 5,302.00Express Mail Fee ..............................240.00Gift Received .............................. 2,647.56Honor Cords ............................... 3,597.00Honor Hoods .............................. 1,294.00Initiation Dues ............................ 22,485.00Interest Inc ...................................33.96Jewelry Sold ................................ 1,189.50Lifetime Nuntius Subscription ....................50.00Medal Fund Inc. ...............................28.75Other Inc ....................................166.32OVER PAYMENT ............................143.95Postage Fee ....................................5.00Processing Charge .............................177.00Shopping Cart Payment Received .............. 3,435.75Transfer From Endowment .................... 7,200.00Web Accept Payment Received ..................313.00TOTAL INFLOWS ........................ 49,763.14OUTFLOWSAccountant Fee ..............................159.00Archive Maintenance ...........................30.00Book Prizes ...................................40.00Certificates ................................ 7,146.00Computer ...................................387.65Convention Expenses ........................ 4,736.25Endowment Management .......................25.00Entertainment ................................285.31ESP Charter ..................................15.00Fax Charges ..................................101.00Fee .........................................131.73Government Fee ...............................20.00Honor Hoods Purchase ........................898.00Honors Cords — Purchase ......................517.00Jewelry Purchased ........................... 1,427.10Misc ........................................811.32Nuntius ................................... 5,329.18Office Assistance .............................600.00Office Supplies and Photocopying ................654.63Overpayment Refund ...........................26.00PayPal Fee ...................................129.73Postage .................................... 1,220.19Prizes .......................................262.99Promotion Expenses ......................... 1,510.86Promotion Expenses — APA .................. 2,543.37Refund .......................................42.00Scholarship Award .......................... 8,600.00Translation Contest Prize .......................880.00Travel Reimbursement ....................... 5,130.00Web Page Maintenance ........................150.00TOTAL OUTFLOWS ...................... 43,809.31OVERALL TOTAL ............................ 5,953.83Category Description 1/1/2007–12/31/2007INFLOWSUncategorized ..................................0.00Certificate Replacement .........................60.00Charter Fee ..................................350.00Convention Registration Fee .....................45.00Express Mail Fee ..............................518.00Gift Received .............................. 1,092.35Honor Cords ............................... 4,935.21Honor Hoods .............................. 1,674.00Initiation Dues ............................ 26,095.00Interest Inc ...................................27.78Jewelry Sold ................................ 1,398.00Lifetime Nuntius Subscription ....................50.00Other Inc .....................................15.00OVER PAYMENT ............................116.62Postage Fee ................................ 1,602.77Processing Charge .............................240.00Shopping Cart Payment Received .............. 2,875.00Transfer From Endowment .................... 7,446.17TOTAL INFLOWS ........................ 45,335.36OUTFLOWSUncategorized .............................. 6,791.00Accountant Fee ..............................159.00Bad Check ...................................390.00Bank Charge ..................................35.61Book Prizes ..................................392.75Certificates ................................ 7,725.00Computer ...................................145.61Donation .....................................93.00Endowment Management .......................25.00Entertainment ................................184.26Fee .........................................104.27Government Fee ...............................20.00Honor Hoods Purchase ...................... 1,218.00Honors Cords .................................27.00Honors Cords — Purchase .................... 1,035.00Jewelry Purchased ........................... 1,599.62Misc ........................................37.27Nuntius ................................... 6,773.03Office Assistance .............................900.00Office Supplies and Photocopying ................224.70Office Supplies and Postage ................... 1,263.16Overpayment Refund ..........................222.00PayPal Fee ...................................179.16Pin .........................................432.00Postage ......................................295.53Prizes .......................................492.50Promotion Expenses ...........................709.93Promotion Expenses — APA .................. 4,547.01Scholarship Award .......................... 8,600.00Translation Contest Prize .......................865.00Travel Reimbursement ....................... 3,800.00TOTAL OUTFLOWS ...................... 49,157.87OVERALL TOTAL ........................... 3,<strong>82</strong>2.5116
Report of Endowment Fund Medal Fund, Annual Report, 200780th Annual ConventionAmherst, MassachusettsMarch 28–March 30, <strong>2008</strong>I. Cash Value as of 12/31/20071. E*Trade Bank $1,093.07(interest earned in 2007: $2.57)II. Dain Rauscher Portfolio1. LaSalle Bank, Chicago, IL $10,551.09(interest earned in 2007: $577.50)2. Corporate Bond, Target Corp. 6,019.62@9.625, due 02/01/08, non-callable(interest earned in 2007: $577.50)3. Enterprise Prods Partners, LP 11,535.764. Sr. Hsg. Pptys Tr., 70 shares 1,587.60(est. annual income: $99.00)5. Con. Ed. Inc. 146 shares ($338.92 div. in 2007) 7,132.106. Wells Fargo Capital, 400 shares 9,240.00@7%, income, $700.00 in 20077. Cash, Tamarack Inv. Funds 1,489.18(yielded $57.13 in 2007)8. Five Star Quality Care, 14 shares 116.20Total: $47,671.55III. Ameriprise Financial FundsRVS Diversified Equity Income Fund Cl A $24,203.61RVS International Select Value Fund Cl A 12,755.74RVS Diversified Bond Fund Cl A 37,530.69RVS Diversified Bond Fund Cl B 4,227.52RVS Large Cap Equity Fund Cl A 16,271.58Total: $94,989.14Value of Endowment on 12/31/2007 $143,753.76(Value, 2006, $143,177.90)Brent M. Froberg, Mgr. EndowmentCash on hand, January 1, 2007 $50.63Receipts:Sale of large silver (4) @ $28.75 $115.00Sale of small silver (4) @ $10.25 41.00Sale of small bronze (18) @ $ 6.50 117.00Interest, passbook #2984 1.38Postage paid for shipping 3.25Total $328.26Disbursement:To CD #505000811 3yrs. @4.90% $318.00(matures, 7/17/10)Assets:CD #505000265 3yrs. @ 4.25% $416.77(matures, 7/05/08; interest earned, 2007: $16.99)CD #505000535 3 yrs. @ 5.25%(matures, 7/13/09; interest earned, 2007: $24.50) $491.28Cash on hand, December 31, 2007 $10.26Total $1,236.31Inventory:84 large silver @$28.75 $2,415.001<strong>82</strong> small silver @$10.25 1,865.5026 small bronze @$6.50 170.00Total $4,450.50Total value (money and medals) $5,686.81Dec. 31, 2007Eta Sigma Phi Owl LAPELPINS now AvailableThese economically-priced oval lapelpins are one-inch high and bearthe Eta Sigma Phi owl seal inpurple and gold. All memberswho attended the 2007 conventionreceived a pin with theirregistration packet. These canbe purchased in a batch of tenfor $10.00 plus $5.00 for postageand handling.17
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