Document 8n8vZZx9GKXZ90VppKJV8b3K
LEAD INDUSTRIES ASSOCIATION, INC.
292 MADISON AVENUE NEW YORK, N.Y. 10017
TELEPHONE --AHEA CODE 212 OR 9-0020
July 7, 1967
Subject:
First-Half, 1967 Financial Statement
To Board of Directors of Lead Industries Association, Inc.:
Dear Sir: Attached please find the first half of 1967 financial
statement of the Association. Respectfully submitted,
DMB:so Enc:
David M. Borcina Secretary, Treasurer
Ahead with Lead
LIAC07B4
N3667
July 5, 1967
LEAD INDUSroiES ASSOCIATION, INC. BALANCE SHEET June 30, 1967 ASSETS
CURRENT ASSETS: CASH: Operating:
Cheeking Account Savings Accounts
Petty Cash Account
$ 12,767. 248,705.
$261,472. 200.
ACCOUNTS RECEIVABLE:
Air Travel Deposit Due fran AZI Travel Advances Bulk Postage" Deposit
Grand Total All Assets
425. 31,234.
3,840.
913.
$261,672.
36,412. $298,084.
LIABILITIES AND FUND BALANCES
CURRENT LIABILITIES: ACCOUNTS PAYABLE: Quarterly Publications "Lead"
FUND BALANCE - 6/30/67 Grand Total All Liabilities A Fund Balances
$ 753. 297,331.
$298,084.
J
414 C 0 7 8 5
N 3667.01
Page - 2 -
LEAD INDUSTRIES ASSOCIATION, INC. STATEMENT OF INCOME, EXPENSES & FUND BALANCE
January 1 - June 30, 1967
INCOME: Assessments: Membership Ind. Devel. (Sale of Pig Lead in U.S.) Health & Safety Public Relations Program Interest Earned on Savings Reimb. from TLZRO (Health & Safety Services) Reimb. for Publications Misc. Inccme
Total All Inccme
ADMINISTRATIVE EXPENSE - Schedule "A"
FROM. & LEVEL. EXPENSE - Schedule **B"
Grand Total All Expenses
Excess - Income over Expenses
Operating Fund January 1, 1967
Operating Fund June 30 19^7
LIA FUND
1967 BUDGET
$ 51,699.
290,335. 104,811.
3,188. 3,000.
542.
115.
$101,000. 546,000. 199,000. -0-0-0-0-
$846,000.
$180,763.
$323,150.
160,442.
597,350.
$341,205.'l) $920,500.
$112,485. 184,846.
Note: (l) In addition, there was $19,386. disbursed to date relating to 1966 Accounts Payable
4 I Ac07
Page - 3 -
LEAD INDUSTRIES ASSOCIATION. ISC.
STATEMENT OF EXPENSES
January 1 - June 30, 1967
SCHEDULE "A"
EXPENSES - ADMINISTRATIVE:
LIA FUND
1. Salaries 2. Payroll Taxes 3. Pension Premiums 4. Business Insurance 5. Group Insurance 6. Rent 7. Travel & Expenses 8. Annual & Committee Meetings (net) 9. Professional Fees (Legal, Auditing & Consulting) 10. Annual Statistical Reviev 11. Printing & Office Supplies 12. Telephone & Telegrams 13. Postage & Express 14. Subscriptions - Books & Periodicals 15. Furniture & Fixtures 16. Office Services 17. Temporary Office Help l8. Tech. Assn. Membership Dues
$106,4l6.) )
4,735.)
18,774. . 610.) )
1,070.)
9,720. 17,864.
2,284. 2,650.
-03,612.
3,177.
3,279. 4t4't4t
-0-
3,275. 1,330.
558.
19. Miscellaneous Total All Administrative Expenses
965. $180,763.
1967 BUDGET
$200,000. '
18,000.
2,000.
20,000. 45,000.
3,000. 3,500.
650. 6,000. 5,000. 7,000. 1,300. 2,000. 7,000.
-0700.
2,000. $323,150.
LI AC0787
Page - 4 -
LEAD INDUSTRIES ASSOCIATION, ISC.
STATEMENT OF EXPENSES
January 1 - June 30, 1967
SCHEDULE "B"
EXPENSES - PROMOTION & DEVELOPMENT:
1. Quarterly Publication "Lead" 2. Conventions & Exhibits 3. Lead Abstracts 4. Reprints of Technical Articles 5- Test Programs 6. Illustrative Expenses-Publications & Adv. 7. Motion Picture, "The Lead fiatrlx" 8. Monograph 9. Corrosion Handbook 10. Annual Review 11. Apprentice Contest 12. National. Shooting Sports Foundation 13. Steel Structures Painting Council 14. Contingency-Material from ILZRO 15. Space Advertising:
a. Architectural & Construction b. Cable Program c. Industrial Battery Program d. Pigments & Chemicals Program e. Solder, Terne & Design Engineer Program f. Color Coding Program g. Misc. Production Costs
16. Sweet's Catalog Files:
a. Architectural & Construction b. Solder, Terne & Design Engineer Program
17. Booklets & Publications:
a. Architectural & Construction b. Battery Publications c. Ceramic Supplements d. Color Coding Booklet
18. Health 8s Safety Program 19. Reprints of. "Facts About Lead" 20. Miscellaneous Promotion Expenses
LIA FUND
$ 8,190. 9,442. 5,016. 2,637. 207. 903. 3,998. -0-083. -0650. 1,000. 1,060.
35,558. 5,619.
15,214. 7,005. 9,975. -08,730.
-0-0-
3,444. 533.
-0-0-
36,433. 3,175. 1.570.
Total All Promotion & Development Expenses
$160,442.
1967 BUDGET
$ 37,000. 19,000. 12,000. 10,000. 10,000. 5,000. 16,000. 3,000. 5,000. 1,000. 1,500. 650. 1,000. 10,000. -
67,400. 12,100. 36,800. 22,200. 31,900. 37,500. 25,000.
9,600. 3,700.
5,000. 3,000. 2,000. 5,000.
200,000. -0-
5,000.
$597,350.
LJ A007S?
July 5, 1967
LEAD INDUSTRIES ASSOCIATION. INC. BALANCE SHEET June 30, 196? ASSETS
CURRENT ASSETS: CASH: Operating:
Checking Account Savings Accounts
Petty Cash Account
$ 12,767. 248,705.
$261,472. 200.
ACCOUNTS RECEIVABLE:
Air Travel Deposit Due from AZI Travel Advances Bulk Postage Deposit
Grand Total All Assets
425. 31,234.
3,840.
913.
$261,672.
36,412. $298,084.
LIABILITIES AND FUND BALANCES
CURRENT LIABILITIES: ACCOUNTS PAYABLE: Quarterly Publications "Lead"
FUND BALANCE - 6/30/67 Grand Total All Liabilities & Fund Balances
$ 753. 297,331.
$298,084.
u LI 0078^
Page - 2 -
LEAD INDUSTRIES ASSOCIATION, INC. STATEMENT OP INCOME, EXPENSES & FUND BALANCE
January 1 - June 30. 1967
INCOME: Assessments: Membership Ind. Devel. (Sale of Pig Lead in U.S.) Health & Safety Public Relations Program Interest Earned on Savings Reimb. frcan 3LZR0 (Health & Safety Services) Reimb. for Publications Misc. Inc one
Total All Inc one
ADMINISTRATIVE EXPENSE - Schedule "A"
PROM. & DEVEL. EXPENSE - Schedule "B"
Grand Total All Expenses
Excess - Income over Expenses
Operating Fund January 1, 1967
Operating Fund June 30, 19^7
LIA FUND
1967 BUDGET
$ 51,699. 290,335. 104,811. 3,188. 3,000. 542. - 115.
$453,690.
$101,000 546,000 199,000 -0-0-0-0-
$846,000.
$180,763. 160,442.
$341,205/1)
$323,150. 597,350.
$920,500.
$112,485. 184,846.
$297,331.
Note: (l) In addition, there vas $19,386. disbursed to date relating to 1966 Accounts Payable
i LIAC079C
Page - 3 -
LEAD INDUSTRIES ASSOCIATION, IRC.
STATEMENT OP EXPENSES
January 1 - June 30, 1967
SCHEDULE "A"
EXPENSES - ADMINISTRATIVE:
LIA FUND
1. Salaries 2. Payroll Taxes 3. Pension Premiums 4. Business Insurance 5. Group Insurance 6. Rent
$106,4l6.) )
VT35.)
18,774.
610.) )
1,070.)
9,720.
7. Travel & Expenses 8. Annual & Committee Meetings (net)
17,861+. 2,284.
9. Professional Fees (Legal, Auditing & Consulting)
2,650.
10. Annual Statistical Review
-0-
11. Printing & Office Supplies
3,612.
12. Telephone & Telegrams 13- Postage & Express 14. Subscriptions - Books 4 Periodicals
3,177.
3,279')t.)i|).t
15* Furniture & Fixtures 16. Office Services 17. Temporary Office Help
-03,275. 1,330.
18. Tech. Assn. Membership Dues
558.
19 Miscellaneous
965.
Total All Administrative Expenses
$180,763.
1967 BUDGET
$200,000. *
18,000.
2,000.
20,000. 45,000.
3,000. 3,500.
650. 6,000. 5,000. 7,000. 1,300. 2,000. 7,000.
-0700.
2,000. $323,150.
LI f00791
Page - 4 -
)
LEAD INDUSTRIES ASSOCIATION. INC.
STATEMENT OF EXPENSES
January 1 - June 30, 1967
SCHEDULE "B"
EXPENSES - PROMOTION & DEVELOPMENT:
LIA FUND
1. Quarterly Publication "Lead." 2. Conventions & Exhibits 3 Lead Abstracts 4. Reprints of Technical Articles 5. Test Programs 6. Illustrative Expenses-Publications & Adv. 7. Motion Picture, "The Lead Matrix" 8. Monograph 9* Corrosion Handbook 10. Annual Review 11. Apprentice Contest 12. National Shooting Sports Foundation 13. Steel Structures Painting Council 14. Contingency-Material frcm ILZRO 15. Space Advertising:
a. Architectural & Construction b. Cable Program c. Industrial Battery Program d. Pignents & Chemicals Program e. Solder, Terae & Design Engineer Program f. Color Coding Program g. Misc. Production Costs
16. Sweet's Catalog Files:
a. Architectural & Construction b. Solder, Terae & Design Engineer Program
17. Booklets & Publications:
a. Architectural & Construction b. Battery Publications c. Ceramic Supplements d. Color Coding Booklet
18. Health & Safely Program 19* Reprints of ."Facts About Lead" 20. Miscellaneous Promotion Expenses
$ 8,190. 9,442. 5,016. 2,637. 207. 903. 3,998. -0-083. -0-
, .650.
1 000 1,060.
35,558. 5,619.
15,214. 7,005. 9,975. -08,730.
-0-0-
3,WV. 533.
-0-0-
36,433. 3,175. 1.570.
Total All Promotion & Development Expenses
$160,442.
J
1967 ffJDGET
$ 37,000.
, .19 000 , .12 000 , .10 000 , .10 000
5.000.
. .16,000. 3 000 . .5.000. 1 000 1,500. 650.
, .1 000
, .10 000
67,400.
, .12 100 , .36 800 , .22 200
31,900. 37,500. 25,000.
, .9 600
3,700.
5.000.
. .3 000
, .2 000
5,000. 200,000.
-05,000.
$597,350.
LI&C0792
