Messages

1

September 17, 2021 Council Meeting @ MVCC / Treasurer's Report

« on: September 14, 2021, 10:39:23 AM »

Hi, not a lot to report, we had a few memberships come in, and paid for web hosting and a professional development grant.

We have $18936.05 in the bank account and $41,104.79 in paypal, for a total of $60,040.84.

Report is attached, please let me know if there are any questions!

2

June 16, 2021 Council Meeting @ VIRTUAL (Annual) / Treasurer's report

« on: June 14, 2021, 01:11:12 PM »

Hi everyone, I've attached the latest treasurer's report here. As you can see we're doing fine - we have $18930.93 in the bank, and $40,631.47 in paypal for a total of $59562.40. I've added a line at the very bottom of the report to include the paypal information so everything's in one place - those membership payments really add up, especially the lifetime ones!

See you Wednesday!

3

March 26, 2021 Council Meeting @ VIRTUAL / Treasurer's report

« on: March 24, 2021, 04:53:58 PM »

Hi everyone! Not much activity lately, which is normal this time of year but the report is attached. There is $18,975.93 in the bank account and $35,627.79 in paypal right now, so we're still doing well.

Other than that, the IRS e-postcard we have to file every year was accepted, so we're good on that.

See you tomorrow!

4

January 15, 2021 Council Meeting @ VIRTUAL / Treasurer's Report

« on: January 11, 2021, 03:30:51 PM »

Hi Everyone!

I've attached the 2020 annual report - as you might guess it's not super complicated, mostly membership payments and only a few expenditures since nobody can go anywhere. 

The good news is we're still doing great, money-wise. The current balances are:

Bank account: $19,465.83
Paypal:           $34,146.97

for a total of: $53,612.80

I didn't do a separate January 2021 report because the only difference is 5 paypal memberships at this point.

I normally report that I've filed the IRS e-postcard at this meeting, but the IRS website seems to be less than cooperative right now, so I'll keep trying and hopefully by Friday I'll have that to add to my report. There's nothing to worry about, as we're well below the $50K per year income limit:

TOTAL 2020 income   $14112.60
TOTAL 2019 income   $19144.57
TOTAL 2018 income   $22665.64

Hope everyone is staying safe and otherwise doing well, see you Friday!

5

September 18, 2020 Council Meeting @ VIRTUAL / Treasurer's report

« on: September 17, 2020, 05:39:06 PM »

Hi everybody!

We currently have $33,231.78 in PayPal, mainly from memberships, and $24286.00 in the bank for a total of $57517.78.  I've attached a spreadsheet for the bank account. Not much activity lately except for memberships coming in through PayPal.

Hope everyone is well and talk to you tomorrow!

6

June 17, 2020 Council Meeting @ VIRTUAL (Annual) / Treasurer's report

« on: June 16, 2020, 01:58:02 PM »

Hi everybody!

Due to the fact that the bank has my office phone as my two-factor authentication thing, I can't get into that account from home right now. Luckily nothing has happened there since the March meeting so there's nothing to report anyway. As of the last time I was able to check we had $22,944.73 in the bank, and there haven't been any major expenses/deposits since then so it should be about the same. In PayPal we have $32,178.84, which is $4445.76 more than at the last meeting (all memberships, several lifetime!).

So in total right now we have about $55,123.57 available. 

Please let me know if you have any questions and maybe by the fall I can produce an actual report!

7

March 27, 2020 Council Meeting (VIRTUAL) / Treasurer's Report

« on: March 19, 2020, 11:11:41 AM »

So, this will be a little less detailed than usual because I don't have access to my paperwork/files on my office computer, but basically we're doing the same as we were last time.

Since January 1, we've made (as far as I can tell/remember with the resources currently at my disposal):

$1989.42 in paypal, all membership/professional development grant contributions.
$300 (*approximately*) in checks for membership and payback from previous conference.

We haven't spent too much money so far this year. Our main expenses have been reimbursements from the January council meeting and Zoom fees for the Midwinter online conference.

If anyone needs more details on anything I'll do my best to provide them, but we're still doing fine money-wise.

Greg

8

January 10, 2020 Council Meeting @ FIT / Treasurer's Report

« on: January 08, 2020, 12:56:19 PM »

Hi all! 

I've attached the 2019 annual report - we have $22,944.73 in the bank and $24,728.11 in paypal, for a grand total of $47,672.84.

Our income this year totaled $22,665.64, which is just about perfect. It gives us enough to fund conferences/meetings along with a little buffer, but it is low enough that we don't have to worry about filing a full tax return.

Speaking of which: I filed the e-postcard 990N with the IRS, which satisfies our reporting requirement as a non-profit because our usual income is below $50,000/year. They define this as the average of the previous 3 years being below $50,000, which we do easily at this point:

2017: $14,426.22
2018: $19,144.57
2019: $22,665.64

I'm not posting a separate report for the period from our November meeting through January because nothing's happened money-wise in January yet, so the annual report includes everything.

Enjoy the report and please let me know if you have any questions!

Greg

P.S. - The last couple of years I've gotten spam from some company claiming that they'll make filing the 990 easier, and at least one other SUNYLA person has gotten them too. If you do get these, please ignore/delete them. I file directly through the IRS website and the only way it could be easier is if they came to my office and did it for me. 

9

November 8, 2019 Council Meeting @ UAlbany / Treasurer's report

« on: November 07, 2019, 04:33:15 PM »

Hi everyone, we still have money! The bank account currently has $26,290, and paypal has $24,327.54, for a grand total of $50,617.54. I'm not sure if this is the most we've ever had, but it's close, so if anyone has good ideas that require money, this would probably be a good time to propose them!

The bank spreadsheet is attached, please let me know if  you have any questions!

10

September 20, 2019 Council Meeting @ SUNY Geneseo / Treasurer's report

« on: September 18, 2019, 02:19:19 PM »

Hello!

We have $14,816.99 in the main account and $23,768.56 in paypal for a total of $38,585.55, so we're doing fine. See attached pdf for the bank account details and let me know if you have any questions!

Greg

11

June 12, 2019 Council Meeting @ Onondaga (Annual) / Treasurer's report

« on: June 11, 2019, 12:41:49 PM »

Hi everyone! We have $17358.70 in the bank, and $22,804.21 in paypal, and we're about to be get back $12,599.39 from the last conference, so we'll have a total of $52,762.30. I've attached the spreadsheet for the bank account, please let me know if you have questions. Paypal is mostly memberships with a few vendor payments that snuck in before the conference system got set up, but if anyone wants more details I can fill you in.

Thanks, and see you tomorrow!

Greg

12

March 15, 2019 Council Meeting @ Onondaga / Treasurer's report

« on: March 13, 2019, 02:23:53 PM »

Hi everyone!

I'm unable to be at the meeting, but if you have any questions please email me and I'll answer them as soon as I can. I've attached the fairly uneventful spreadsheet for our 2019 bank account, where we currently have $19,242.84. I have a few membership checks that haven't been deposited yet, which is why it shows $0 income so far this year. We also have $16,896.44 in our paypal account (33 memberships this year for $1238.68 so far).

Thanks!

Greg

13

January 18, 2019 Council Meeting @ FIT / Treasurer's report

« on: January 17, 2019, 10:34:20 AM »

Hi, our current bank balance is $19,144.57, and our paypal balance is $15,658.64, so we have $34,803.21 total.

Normally at this meeting I report on having filed our form 990N(e-postcard), which tells the IRS that we make on average less than $50,000/year, and so we are not required to file a full tax return. Our income for 2018 was $38,240.12. This year so far I have been unable to submit the 990N because the government is shut down. My thoughts on this situation are available here: https://archive.org/details/internationaldic00kuni

I've attached the annual report for 2018 here, please let me know if you have any questions.

Thanks!

Greg

14

November 2, 2018 Council Meeting @ Delhi / Treasurer's report

« on: November 01, 2018, 01:47:14 PM »

Hi, I've attached the report, everything looks good! We have $25,353.08 in the main account, and $15,418.59 in paypal. Please let me know if you have any questions!

15

September 21, 2018 Council Meeting @ UAlbany / Treasurer's report

« on: September 20, 2018, 03:51:59 PM »

Hi,

All is well! We have $10,898.83 in the bank and $14,957.33 in paypal, so we're keeping things pretty much steady. See attached spreadsheet for details and see you all tomorrow!

Greg