Document jyzK3vagoo10dV4BaX7YboEXy

Lead Industries Association, Inc. 292 Madison Avenue New York. N. Y. 10017 Telephone: (212) 879-6020 January 14, 1971 Subjects Financial Statement January 1-December 31, 1970 To Board of Directors of Lead Industries Association, Inc.? Dear Sir; Attached please find the 12-Month financial statement of the Association for 1970, Sincerely yours DMB?so Att; LJ4C3957 N 3786 V. ' LEAD INDUSTRIES ASSOCIATION, INC. January 12, 1971 STATEMENT OF RECEIPTS, DISBURSEMENTS & FUND BALANCES January 1 - December 31, 1970 OPERATING KIND cv.' Et?'TG 1 1. Assessments: 1970 ACTUAL 1970 BUDGET a Pig Lead Sales b. All Other ( Note l) $779,072.81 206,3^3.66 $764,700. 207,000. 2, Interest on Savings 3- Miscellaneous, a. Publications b Other 2,518.59 4,127.36 1,185.32 5,000. ^ 5,000. ( Total All Receipts $993,247.74 $981,700. :ZMENTS: 1Administrative - Schedule "A" $336,810.74 2. Promotion & Development - Schedule "B" 647,334.69 Total All Disbursements $984,143.43 0 TANGES IN FUND BALANCES $ 9,102.31 $352,800. 601,600. $954,400. Fund Ealance 1/1/70 FUND BALANCE I2/31/7O $140,227-34 $14 ,329.65 REPRESENTED BY: Casn: Commerical Checking Account Savings Accounts Petty Cash { Receivables & Deposits Total 96,659.47 51,845.18 100.00 $IW,H)T.6$ + 725.00 $149,329.65 (Note l) - Does not include $9,337.95 billed but unpaid as of 12/31/70. UAC3Q56 N 3786.01 LEAD INDUSTRIES ASSOCIATION, INC. Page -2 STATEMENT OF ADMINISTRATIVE DISBURSEMENTS January 1 - December 31, 1970 SCHEDUIE "A" ADMINISTRATIVE DISBURSEMENTS 1. Salaries; a. Gross Salaries 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 Expenses 8. Meeting Expenses: a. Annual Meeting b, All Other 9- Professional Fees; a, Auditing b, Legal c, All Other 1C., Printing & Office Supplies 11. Telephone & Telegrams 12. Postage and Express 13. Subscriptions - Books & Periodicals 14. Furniture & Equipment 15 Office Services 16. Technical Association Dues IT. Miscellaneous Total ACTUAL DISBURSEMENTS $194,638.40 5,092.11 969.8O 2,958.10 5,815.46 16,091.50 1,228.91 341.18 3,140.52 24,000.00 36,202.67 3,135.16 1,343.23 1,200.00 1,312.94 2,340.00 5,362.41 5,980.88 10,689.12 1,032.53 4,403.83 7,678.79 697.50 1,155.70 $336,810.74 1970 BUDGET ( ($217,800. ( ( 9,000. 16,000. | 1,500. 2,500. 24,000, 40,000. | 3,000. ( ( 5,000. ( 6,000. 6,000. 7,500. 800. 5,000. 7,000. 700. 1,000. $352,800. L14039 59 Page -3- LEAD INDUSTRIES ASSOCIATION, INC. STATEMENT OF PROMOTION & DEVELOPMENT DISBURSEMENTS January 1 - December 31, 1970 SCHEDULE "B" PROMOTION Sc DEVELOPMENT DISBURSEMENTS: 1. Advertising; a. Agency Fees b. Out-of-pocket Agency Expenses 2. Space Advertising: a. Architectural & Construction b> Industrial Battery Program c. Pigments and Chemicals d. Products Promotion & Design Eng. e. Miscellaneous & Production Costs 3* Industrial Battery Program: a. Film b. Literature c. Exhibits & Mlsc. 4 . Conventions & Exhibits: a. Plant Engineering & Maintenance Show b. Design Engineers Show c. Construction Specifications Institute d. National Plumbing Exposition e. Miscellaneous 5 . New Publications: a. Lead Monograph b.. Corrosion Handbook c= Calking Leal and Solder Booklets d Corrosion Inhibiting Paint Bulletin 6, Existing Literature Expenses: a, Lead Magaz-ne 1. Printing Costs 2. Mailing Costs 3. Mailing List Maintenance b. Annual Review c. Lead Abstracts d. "Sweets" Catalog File ACTUAL DISBURSEMENTS $ 75,000.00 6,986.63 58,707.55 61,145.92 20,284.79 44,642.16 25,459-48 67.84 2,043.22 2,325.28 4,520.88 5,044.07 2,087.27 714.68 1,717.20 540.00 - 24,772.91 14,629.08 10,806.63 1,995.98 14,087.43 11,233.09 H 01 b 8 1970 BUDGET $ 75,000. 5,000. 55,900. 60,200. 19,100. 47,200. 29.100. 1,000. 1,000. 2.000. ( ( ( ( 3,000. 6,000. 45,000. 2,000. 16,000. 11,000. LI A0 396 0