Document 37QRegk5DMaBna93k2yYa86XO

* Lead Industries Association, Inc. 292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020 January 14, 1972 Subject: Financial Statement January 1-December 31, 1971 TO: The Board of Directors of the Lead Industries Association, Inc. Dear Sir: Attached please find the 12-Month financial statement of the Association for 1971. Sincerely, JFS: lm Att. Jerome F. Smith Secretary & Manager i, LlAC3869 N 4120 LEAD INDUSTRIES ASSOCIATION, INC. January 10, 1972 STATEMENT OF RECEIPTS, DISBURSEMENTS & FUND BALANCES January 1 - December 31, 1971 RECEIPTS: 1. Assessments: a. Pig Lead Sales b. All Other 2. Interest on Savings 3. Miscellaneous: a. Publications b Other Total All Receipts DISBURSEMENTS: 1. Administrative - Schedule "A" 2. Promotion & Development - Schedule "B" 3." Final Refund - 1970 Assessment Monies Total All Disbursements CHANGES IN FUND BALANCES FUND BALANCE l/l/71 FUND BALANCE 12/30/71 OPERATING FUND 1971 ACTUAL 1971 BUDGET $612,657.51 204,713-45 (1) 2,622.62 5,147.26 1,012.32 $826,153.16 $365,529.55 511,116.90 5,258.94 $881,905.39 ($ 55,752.23) 149,329.65 $ 93,577.42 $672,000. 172,000. 2,000. [ 5,000. $851,000. $351,400. 568,600. $920,000. REPRESENTED BY: Cash: Commercial Checking Account Savings Accounts Petty Cash Receivables & Deposits Total $ 38,584.62 54,467.80 100.00 $ 93,152.42 + 425.00 $ 93,577.42 Note (l) Includes 1970 Assessment monies of $8,820.72 received during first quarter of 1971 LI AC3P7C N 4120.01 4 .% * IEAD INDUSTRIES ASSOCIATION. PTC. STATEMENT OF ADMINISTRATIVE DISBURSEMENTS January 1 - December 31, 1971 SCHEDULE "A" administrative disbursements 1. Salaries: a. Gross Payroll b. Temporary Help c. Employment Agency Fees d. Blue Cross & Blue Shield 2. Payroll Taxes 3. Pension Premium (Bankers Life Co.) 4. Business Insurance: a. General b. N. Y. Disability 5. Group Insurance 6. Rent 7. Travel and Expense 8. ILZRO Health & Safety Admin. Costs 9. Meeting Expenses: a. Annual Meeting b. All Other 10. Professional Jtees: a. Auditing b. Legal c. All Other n. Printing & Office Supplies 12. Telephone & Telegrams 13. Postage and" Express 14. Subscription - Books and Periodicals 15. Furniture and Equipment 16. Office Services 17. L. 18. Technical Association Dues Miscellaneous Total ACTUAL DISBURSEMENTS $188,607.26 584.50 609.50 2,976.80 6,113.57 15,350.50 1,159.70 213.38 3,238.42 27,000.00 35,344.44 42,597.90 1,870.24 303.50 1,200.00 1,457.83 2,955.00 6,375.12 6,573.73 10,437.25 867.23 490.28 7,111.22 463.50 1,628.68 k" 365,529.55 Page 2 1971 BUDGET ( ($210,000. ( 9,000. 18,000. ( 1,200. 3,200. 27,000. 40,000. ( 5,000. ( ( ( 4,000. 6,000. 6,000. 9,000. 800. 2,000. 8,500. 700. 1,000. $ 351,400. LI ftOE 71 Page LEAD INDUSTRIES ASSOCIATION. INC. STATEMENT OF PROMOTION & DEVELOPMENT DISBURSEMENTS January 1 - December 31 , 1971 SCHEDUIE "B" 3 PROMOTION & DEVELOPMENT DISBURSEMENTS: 1. Advertising: a. Agency Fees b. Out-of-pocket Agency Expenses 2. Space Advertising: a. Space b. Misc. & Production Costs 3. Conventions & Exhibits: a. Plant Engineering & Maintenance Show b. Design Engineers Show c. Chemical Show d. National Plumbing Exposition e. Miscellaneous 4. New Literature & Booklets 5* Lead Monograph 6. Corrosion Handbook 7. Annual Review 8. Existing Literature Expenses: a. Lead Magazine 1. Printing Costs 2. Mailing Costs 3. Mailing List Maintenance b. Lead Abstracts c. Misc. Literature 9. Reprinting Technical Articles 10. Test Programs 11. Illustrative and Photographic Expenses 12. Motion Picture 'The Lead Matrix": a. General Distribution b. U. S. Bureau of Mines 13* Apprentice Contest 14. Contribution to Technical Societies: a. National Shooting Sports Foundation b. Steel Structures Painting Council c. Electric Vehicle Council d. ANSI 15* Zinc 4 Lead International Service 16. Health & Safety Program: a. Hill & Khcwlton - Regular b. Hill & Kncwlton - Lead & Gasoline c. Lead In Pediatrics d. Kettering Abstracts e. Miscellaneous 17. Contingency Material From ILZRO 18. Contingency: Miscellaneous Promotion ACTUAL DISBURSEMENTS $ 75,000.00 6.621.03 154,795.66 17,801.28 1,645.09 1,011.00 1,562.52 1,131.62 2,815.29 1,608.82 - 1,455.60 15,704.99 14,092.41 8,373.35 13,446.33 2,160.72 5,865.47 932.00 1,410.41 8,816.07 2,200.00 1,250.75 650.00 1,000.00 1,000.00 750.00 22,500.00 69,415.17 45,331.86 5,379-50 14,871.78 2,170.26 6,076.05 2,271.87 $511,116.90 1971 BUDGET $ 70,000. 5,000. 160,000. 20,000. ( ( ( 5,000. ( ( 5,000. 8,000. 4,000. 2,000. ( 45,000. ( ( 13,000. 3,000. 10,000. 5,000. 2.000. 10,600. 2,000. 1,500. ( ( 3,400. ( ( 29.100. ( ( (152,000. ( ( 10,000. 3,000. $568,600. LIAC3e72