Author Topic: Treasurer's Report  (Read 3176 times)


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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.