Document evpwKnkXvOny4mEQmLbeDR73q

I -fcaKii nV^ta- > -ifct i minti I'JUJllt I 4m 1 LIA14336 uao mxgnas associatim. uc. AeeouBtanta' ktpert 71fianel*l Stttmmtt tod 8ebdulM Dxxabf 31. 1967 i: ; PEAT. MARWICK. MITCHELL * Ca cnrtmv pmuc AouTA*it I --P^F^gPWWBT'-111 'W^H- 1 3512 I ! \ l . _ *** . ^iii..-;^.,MK,.- PBPPi LIA14337 Peat. Marwick. Mitchell & Co. csimrutD rciuc iccocmim KVKmrr nm min IW TOM, mtW YORK >0000 The Board of Directors Load ladustriea laaociatloc, loo.I Uo hr examined the lUtMcti of receipts sad disbursamaets ad change* in fund balance* of Load Industries Association, loo. for tha yoor ended December 31, 1967. Our examination was made la aooordaaea with generally accepted auditing ataadarda, aad accordingly included auch taata of tha accounting records aad auch other auditing prooaduraa aa wa considered necessary la tha elrciaaataaoee. Ia our opinion, tha accompanying atat--anta of racalpta aad dlahuraamBta and changes la fund balances praaaat fairly tha recorded 1 caah traasactloDa of Lead laduatriaa Association, lac. for tha year andad December 31, 1967. Tha aupplaoeatary data Included ia Scbedulea 1 l l aad 2 hare bean subjected to tha earn auditing procedure* and, la our opinion, are atated fairly la all material raapacta when oooildered la conjunctloo with tha baaic financial atatamaata taken aa a whole. f March S, 1968 ft*. l i 1 _____________________ _______ " umhwwpww^wi* ..am.^pjwua.in.jiM % * P .1. ujwi * . ; ' ; (1 i LIA14338 - ---------- ' LEAD DPUSTRIES ASSOCIA.TICB. UC. _ Statement of Keoeipta tad Dlabureemente Tear ended December SI, 196T a * . . . ' m . |. ] 3 i : . "* ' Keoeiptai ........ UhiimdUi Membership Indue try deployment (pi* load mIm) Interest oo earing bonk deposit* Service fee - health and safety Baiabursemanta for booklata, film*, ate. Miscellaneous Disburssmsnts (oota l)i Administrative (Schedule 1) Promotion and development (Scbadula 2) txcsaa (deficiency) of raoalpta .* over diebureamenta Operating ___ Cu&j___ Budget Actual Health and safety Affii # 101,000 104,724 31,426 646.000 567.559 171.S21 647,000 672,283 206,057 647,000 9,261 6,000 2,132 181 689,857 206,057 323,160 333,762 433.060 756,200 684,132 69.121 69,121 # (109.200) 6.725 136.936 :-* % .' i1 i lotaai (1) Effective January 1, 1967, tba laaoclatloo changed froa as accrual to a oaah baaia for accounting and financial reporting. Si a raault of thla change, tba diabura amenta for 1967 do not include approximately #7,000 of net azpaoaaa arlalng froa aecruala at December 31, IS66 which vara incorporated in tba financial atateaaota aa of that data. (2) Tba Association haa a noo-contrlbutory penaioc plan covering all aliglbla aaployaaa. Tba dlaburaaaaot for tba plan amounted to #18,774 far tba year. Tbare ara no unfunded prior service ooata. i .i ; ' 1 l i t ; : 1 l * f ill ..... mmmmmit --gi!Bjg^> pw LIA14339 <**ya<'aiirt>titirt1iflitfiflir Xfttiwiii>ytfllf1~rm'iirn*^- f i .......; ,'-,1 LEAD ntDOSTRIES ASSOCIATION ISC. Sutwwt of Changaa la fund Balanoaa Iocr andad Oaeaabar SI, 1967 Haalth ad Operating aafaty fund fund fund balancaa at bagInning of year Tranafarrad to baalth and aafaty fund Exeaaa of raoalpta orar dlaburaamanta fund balaaca at and of yaar 164,846 (5,547) 5,547 __5.7E5 136-996 1 185,024 142,483 ,, Rapraaaatad tart ' Caahi Cooaarclal Seringa Patty eaab 11,051 173,348 ___ 222 184,599 11,051 161,432 142,483 Dapoalt 425 _ 1 185,024 142,483 Sea Dot** on accompanying atatamant of racalpta and dlaburaaaaata. II l ! Ijl.WWW! i Jifpwpq^Pff|yW||F?iWpf8ff^PPWiPHWfW!RWW IffWW^MPPJIJWI|iL ) llUlil H J. |., LIA14340 --in Kill iMfciVlXf i hi ii-nr^lriMirt gstlg^jfclT. 1 i LEAD 1KPPSTRHS ASSOCIATION ISC. AdninlitratiTa Disboraaaanta Int andad Dacanbar SI, 1967 m i Salaria* 1 Payroll taxaa) Toporar7 clarleal half Panaion praaiiias* Offlea rant Printing and offlca auppliaa Annual Mating azpanaa (nat of raeaipta) Talaphona and talagraaa Foataga and axpraaa Subscription* - pariodioal* Purnitura and aquipaant Offlca aarrieaa Traral and axpanaaa Profassional sarrioa* Businas* lnsuranoa) Croup insuranca ) Tachnlcal association --tarshlp dual Annual statistical rariaw Miscallanaoua Oparatixg ___ Cuad___ Budsat Actual 200,000 18,000 20,000 6,000 204,630 6,417 1,631 18,774 19,440 5,813 8,000 5,000 7,000 1,300 2,000 7,000 45,000 3,500 2 000 3,008 6,045 4,932 1,002 3,437 3,423 39,237 3,650 1,044 2,264 700 650 2-000 $ 323,150 1,556 546 1,?31 333,762 1 mpmmu wip^m><i><mui. -UffwpaiM I nipii p I 111 iWWPil swuppppp mm LIA14341 a 'iitai i-lVittrMtiWirltiiiia iifrteiiT i f Schedule 2 LEAS INDUSTRIES ASSOCIATION IK. Promotion and Serelopment Disbursements Tear ended December 31, 1967 Operating ___tmi... Hudre^ Actual Health and safety fund Quarterly publication "Leed* Reprints of technical articles Reprinti of 'facta about Laad* Sweets Catalog files! ~ Architectural and Construction SoIdar, Tana and Design Engineer Program Monograph Corrosion Handbook Annual Review Laad abatraeta Booklata and publications i Architectural and Construction Battary Publication Caraaic Supplements Color Coding Booklet Spaca advertising! Architectural aad Cocatraction Cable Program Induetrial Battery Program Pigments and Cheatcals Program Solder, Terns and Design Engineer Progran Color Coding Progran Scientific American Production coata Conrantiona and axhibita Apprentice oantaata Public relatione - Health and Safety Progran Contributionsj Rational Shooting Sports foundation Steel Structures Painting Council Motion Picture, "The Lead Matrix*! General distribution D. S. Bureau of Mines Test programs Illustration and publicity Material from IL2A0 - contingency Miscellaneous promotion expenses $ 37,000 10,000 - 36,535 9,470 6,027 9,000 ' 10,681 ' 3,700 3,974 3,000 - 6,000 1,000 63 12,000 12,443 -' 6,000 3,000 2,000 6,000 6,896 943 160 - 67,400 12,100 36,600 22,200 31,900 37,600 6,700 25,000 19,000 1,600 - 66,401 12,197 37,917 22,936 30,515 - 5,662 22,803 17,066 601 - * 69,121 660 1,000 660 1,000 16,000 30,000 10,000 6,000 10,000 5.000 f 43!,050 8,966 30,677 647 3,991 1,344 1,676 3^*70 > MU, 121 mm aiM', Hgwwa. WTK'lf mp ^ jiiw i in m um M i" in-- W WW .......... II ppM aMiUMlii