Messages

61

Sept. 23, 2011 @ Cortland / Treasurer's report

« on: September 21, 2011, 03:30:03 PM »

Hi all, attached is the September Treasurer's report. All is well, not much activity lately other than processing memberships as they trickle in and sending out a few professional development checks. Enjoy!

62

June 15, 2011 @ Plattsburgh / Treasurer's Report

« on: June 13, 2011, 12:23:21 PM »

Hi everyone!

Attached is the treasurer's report for April-June 2011. Please remember that annual reports will be from January-December each year, due to IRS reporting requirements, so this is a quarterly report. If anyone has questions about this, or any other part of our budget, just let me know!

Thanks!

Greg

63

March 11, 2011 @ Dutchess / Treasurer's report

« on: March 09, 2011, 01:39:18 PM »

Hi there!

I've attached two pdfs: the report for January-March, 2011, and an income summary for the calendar year 2010. Why the income summary?

Well, here's why! I will be issuing an “income summary” for the previous calendar year at each March meeting, to verify that we do not have a gross income above $50,000 (they raised it!) for the calendar year, which is our limit for being able to file the IRS e-postcard to maintain our non-profit status. When we originally got our non-profit status our reporting year was January-December, and to change that would require mountains of paperwork, and documents which we do not possess.

Our gross income for 2010 was 19,128.51, largely due to the conference. I submitted the 2010 e-postcard today, and got confirmation that it was accepted. Hooray!

11,996.36 of our income was paid via paypal, so apparently that’s a success!


Enjoy!

Greg

64

November 19, 2010 @ Onondaga / Albany report

« on: November 16, 2010, 03:50:18 PM »

There is much construction, roads, sidewalks, new dorms in progress, etc.

There is a slight chance that some of you might have heard about the proposed deactivation of 5 programs here, namely French, Russian, Italian, Theater, and Classics. Everyone I have spoken to is quite disappointed both at the proposal itself and at the way it was introduced, and the University Senate has been addressing it in various ways. Since I have an M.A. from the Russian program it is difficult for me to be impartial in the matter, so I'll stick to this short announcement.

I feel like I should finish with  some good news, so I'm happy to announce that Ann Gunning (formerly of Nylink) has joined us in a temporary position assisting our Dean, Mary Casserly. Welcome, Ann!

65

November 19, 2010 @ Onondaga / Treasurer's report

« on: November 16, 2010, 03:38:56 PM »

Hello,

Old stuff:

I spoke with the IRS, AGAIN, about our non-profit status, because I received a request in the mail for our 2008 e-postcard, even though they had previously told me that all was well. Apparently they forgot to tell their computer, and it sent me a letter. I confirmed what they needed to know and we are ok again. Hopefully this will be the last of the catch-up work on this, and we can just file the e-postcard each year and not have to worry about it anymore. I'll keep you posted.

New stuff:

The report for September 1 to November 16 is attached, please let me know if you have any questions. Apparently we made $3420 at the conference this past summer. Hooray!

Greg

66

September 10, 2010 @ Onondaga / Treasurer's Report

« on: September 08, 2010, 02:34:15 PM »

1. Income/Expense summary attached. Nothing unusual there.

2. SUNYLA appeared on a recent IRS list of small non-profits at risk of losing their status due to not filing required documents for the past 3 years. I've investigated the requirements and filed the e-card for 2009, and it was accepted electronically.

I called the IRS to verify that we were now in compliance and their systems are slow, so the person I spoke to couldn't see the form I'd filed yet. He told me that I should receive another email from them in 3-5 business days that might include additional filing requirements but that because the people who made the rules and the people who made the online filing software apparently live on different planets, I can't file the other paperwork with the online form, but will have to call the IRS again and do it over the phone, but only after I receive the second email.

So, at this point, I'm waiting for that email and if I don't get it by the end of the week, I'll call again to follow up. I don't anticipate any problems with this, it's just a matter of me making sure I get confirmation that we've filed what we need to, but I wanted to keep you all posted.

67

June 16, 2010 @ Brockport / Treasurer's Report

« on: June 10, 2010, 01:19:23 PM »

1. Attached are the yearly report of income/expenditures for 2009-2010, and a smaller document that shows how much we have spent on a couple of items that were allotted money at last year's conference. We seem to be doing ok.

These documents do not include any money from conference registrations or from memberships paid via conference registration as that money is either in the paypal account or the conference committee's bank account. 

These documents do not include the money from the PayPal account because I won't be able to properly account for where that goes until the conference committee has had a chance to reconcile their accounts after the conference.

2. I was asked at the last meeting to look into the pros/cons of 501c(4) status for SUNYLA. As far as I can tell, we don't actually qualify because this status is reserved for "local" employee groups, and the discussion of what that means indicates to me that "statewide" ≠ "local". I am far from an expert in these matters however, so if there is great concern about pursuing this or other non-profit issues, I would feel more comfortable if we sought some professional advice. I'm not sure that would be the best use of the organization's funds or time at this point, but if others feel differently I can continue to pursue this.