Document NeNremgygOKnE1vgyzzbyRKpQ

Lead Industries Association, Inc. 292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020 November 6, 1972 SUBJECT: Financial Statement January 1-September 31, 1972 TO THE BOARD OF DIRECTORS OF THE LEAD INDUSTRIES ASSOCIATION, INC. Attached please find the comparative financial statement of the Association for the first nine months of 1972 vs. 1971. Sincerely, JFS:lm Attachment Secretary & Manager LIA03717 N 3766 LEAD INDUSTRIES ASSOCIATION, INC. OCTOBER 20, 1972 COMPARATIVE STATEMENT OF RECEIPTS, DISBURSEMENTS & FUND BALANCES FIRST NINE MONTHS 1971 Vs. 1972 RECEIPTS: 1. Assessments: a. Pig Lead Sales b. All Other 1971 ACTUAL $471,027.48 160,695.82 2- Interest on Savings 1,293.27 3. Miscellaneous: a. Publications b. Other Total All Receipts DISBURSEMENTS: 1. Administrative-Schedule "A" 3,964.66 563.00 $637,544.23 $274,486.62 2. Promotion & DevelopmentSchedule "B" 364,381.28 3. Final Refund1970 Assessment Monies 5,258.94 Total All Disbursements $644,126.84 CHANGES IN FUND BALANCES ($ 6,582.61) FUND 3ALANCE January 1 149,329.65 OPERATING FUND 1971 BUDGET 1972 ACTUAL 1972 BUDGET $672,000. 172,000. 2,000. ( ( 5,000. $851,000. $351,400. $403,877.64) ( 129,449.58) (1) ($622,000. 2,713,36 2,000. 2,847.72 338.85 $539,227,15 $275,415.61 ( ( 5,000. $629,000. $380,400. 568,600. $920,000. 243,890.65 - $519,306.26 $ 19,920.89 93,577,42 296,700. - $677,100, FUND BALANCE September 30 $142,747.04 $113,498.31 REPRESENTED BY: Cash: Commercial Checking Account Savings Accounts Petty Cash Receivables & Deposits Less Payables Total $ 87,409.23 53,138.45 100.00 $140,647.68 2,099.36 - $142,747.04 $ 29,535.20 92,181.16 100.00 $121,816,36 2,415.90 (10,733.95) $113,498.31 (Includes $25,500.00 of 1971 monies not received until 1972 (Projected year end assessment income is estimated at $643,000. LIA 03 718 N 3766.01 r LEAD INDUSTRIES ASSOCIATION, INC. COMPARATIVE STATEMENT OF ADMINISTRATIVE DISBURSEMENTS FIRST NINE MONTHS 1971 Vs. 1972 SCHEDULE "i PAGE 2 ADMINISTRATIVE DISBURSEMENTS 1. Salaries: a. Gross Payroll b. Temporary Help c. Employment Agency Fees d. Blue Cross & Blue Shield e. Death Benefit-D.M.Borcina 2. Payroll Taxes 3. Business Taxes 4. Pension Premium (Bankers Life Co.) 5. Business Insurance: a. General b. N.Y. Disability 6. Group Insurance 7. 'Rent 8. Travel and Expense 9. IL3R0 Health & Safety 10. Meeting Expenses: a. Annual Meeting b. All Other 11. Professional Fees: a. Auditing b. Legal c. Consulting d. All Other 12. Printing & Office Supplies 13. Telephone & Telegrams 14. Postage and Express 15. Subscription-Books & Periodicals 16. Furniture & Equipment 17. o 19. Office Services Technical Association Duea Miscellaneous ACTUAL DISBURSEMENTS 1/1/71-9/30/71 1971 BUDGET $140,655.83 570.50 588.50 2,198.11 5,539.51 - 15,350.50 ( ( ($210,000. ( ( 9,000. - 18,000. ACTUAL DISBURSEMENTS 1/1/72-9/30/72 $116,459.69 166.50 21.00 2,079.69 15,500.00 5,786.49 1,018.06 6,159.00 1972 BUDGET ( ( ( $175,000. ( ( 8,000. - 16,000. 1,159.70 160.92 2,443.71 20,250.00 25,702-35 ' 28,206.67 ( , ,, ( 1,200. 3,200. 27,000. 40,000. - 1,870.24 89.75 ( ( 5,000. 1,200.00 1,457.83 2,955.00 4,033.36 4,980.31 7,857.88 ( ^ f uuu ( 6,000. 6,000. 9,000. 661.64 490.28 4,881.76 121.50 1,060.77 800. 2,000. 8,500. 700. 1,000. 1,005.49 145.14 1,936.11 20,875.00 25,855.12 34,091.93 ( ( 1,500. 3,200. 27,000. 4cr,ooo. 45,000. 1,674.06 695.40 ( ( 2,500. 1,200.00 - 16,350.03 - 3,480.64 1,200. 2,000. 24,000. 1,000. 6,000. 5,574.13 7,000. 7,107.62 10,000. 1,018.59 O' 800. 461.06 <i 1,000. 4,828.32 376.00 7,000. 700. 1,550.54 1,500. Total $274,486.62 $351,400. $275,415 .,61 $380,400. f LEAD INDUSTRIES ASSOCIATION, INC. PAGE 3 COMPARATIVE STATEMENT OF PROMOTION & DEVELOPMENT DISBURSEMENTS FIRST NINE MONTHS 1971 Vs. 1972 SCHEDULE "B" ACTUAL PROMOTION & DEVELOPMENT DISBURSEMENTS: DISBURSEMENTS 1/1/71-9/30/71 1. Publicity: a. Agency Fees b. Out-of-pocket Agency Exp. 2. Space Advertising: a. Space b. Misc. & Production Costs 3. Conventions & Exhibits: a. Plant Engineering & Maintenance Show b. Design Engineers Show c. Chemical Show $ 56,250.00 5,687.25 108,584.30 15,392.12 1,645.09 1,011.00 - d. Nat'l. Plumbing Exposition e. Miscellaneous 4. New Literature & Booklets 5. Lead Monograph 6. Corrosion Handbook 7. Annual Review 8. Existing Literature Exp.: 'a. Lead Magazine 1,116.86 2,217.96 1,608.82 - 1,455.60 1. Printing Costs 2. Mailing Costs 3. Mailing List Maintenance 11,006.28 6,991.10 3,548.35 b. Lead Abstracts 10,085.09 c. Misc. Literature 1,792.98 9. Reprinting Tech. Articles 3,525.39 10. Test Programs 152.76 11. Illustrative & Photographic Exp. 12. Motion Picture "The Lead Matrix" a. General Distribution 977.19 5,113.76 b. U.S. Bureau of Mines 13. Apprentice Contest 14. Contribution to Tech. Societies: 1,250.75 a. Nat'l. Shooting Sports Found. 650.00 b. Steel Structures Painting Council c. Electric Vehicle Council d. ANSI 1,000.00 1,000.00 750.00 15. Zinc & Lead Int'l. Service 16. Health & Safety Program: 18,488.54 a. Hill & Knowlton-Regular b. Hill & Knowlton-Lead & Gas. 45,276.96 36,528.07 c. Lead In Pediatrics 5,061.50 d. Kettering Abstracts 9,141.03 "18. e. Miscellaneous Contingency Material from ILZRO Contingency: Misc. Promotion 1,844.38 2,956.28 2,271.87 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. ACTUAL DISBURSEMENTS 1/1/72-9/30/72 $ 48,001.00 4,123.35 _ - 1972 BUDGET $ 64,000. 6,000. - - 2,677.12 - 1,433.00 ( ( ( ( ( 5,000. - 1,500. 13,844.75 5,749.91 - 10,294.32 96.00 6,456.87 80.00 1,583.93 4,509.00 - 1,292.87 1,000.00 1 / 000oc 750.00 11,912.50 81,667.58 29,320.75 9,959.91 4,679.44 3,220.35 238.00 ( ( 30,000. ( 13,000. 2,000. 7,450. 1,000. 1,500. 5,500. 1,000. 1,500. ( ( ( 2,750. ( ( 22,500. ( ( ( 125,000. ( ( 5,000. 2,000. Total $364,381.28 $568,600. $243,890.65 $296,700.