2018 TNA and TSNA Joint Annual Conference

2018 TNA-TSNA JOINT CONFERENCE | ADVOCACY IN ACTION
Tennessee Nurses Association
Statements of Activities and Changes in Net Assets
For the Years Ended December 31, 2017 and 2016
Unrestricted net assets:
91
2017 2016
Revenues and support:
Membership dues $ 344,768 $ 320,710
Convention 92,429 83,235
Administrative fees 65,504 68,337
Continuing education approval plan 53,606 72,319
Legislative summit 26,335 24,075
Investment income 21,443 10,421
Affinity programs 17,517 27,525
Other revenue 8,988 2,220
Interest income - money market 24 19
Total unrestricted revenue $ 630,614 $ 608,861
Unrestricted expenses:
Salaries and benefits 318,065 351,456
Convention 76,165 62,564
Office rent 42,006 39,940
Insurance 34,800 57,859
Equipment repairs and maintenance 34,714 21,658
Professional services 12,224 13,549
Depreciation 7,590 7,921
Legislative summit 7,533 5,856
Office supplies 5,986 3,682
Staff travel and development 5,870 3,356
Dues, subscriptions, and publications 5,861 7,121
Meetings 4,256 1,987
Service charges 4,205 6,663
Equipment rental 3,930 7,650
Postage 3,028 5,173
Software expense 2,161 21,448
Other expenses 1,546 1,168
Membership development 25 574
Total unrestricted expenses 569,965 619,625
Increase (decrease) in unrestricted net assets 60,649 (10,764)
Net assets-Beginning of year-as previously reported 259,128 315,227
Prior period adjustment - Note 2 - (45,335)
Balance at beginning of year, restated 259,128 269,892
Net assets - End of year $ 319,777 $ 259,128