Document mmreQQDQYvm47YrjxLZG9ZpoJ

CHEMICAL MANUFACTURERS ASSOCIATION SUMMARY OF REVENUE AND EXPENSES APPROVED 1995/96 BUDGET GENERAL COMMENTS: This budget book, "Book #2," presents the revenue and expenses of the management divisions and departments by natural classification (line item). It also presents the allocation ofresources for each management division directed to the Association's programs they support. Therefore, this book provides the details used to achieve full costing of the Association's programs that are presented in "Book #1". Also presented in this book are the revenues and expenses for the select self-funded activities, including the Public Outreach Program, the Chlorine Chemistry Council, CHEMTREC Center, MSDS Central"" and the CHEMSTAR management division. The full presentation of all CHEMSTAR panels and councils are presented in "Book #3" The approved FY 1995/96 budget presented in Column 4 indicates a total expense budget of527,323,100 and a total revenue budget of $28,323,100 resulting in a contribution to reserves of SI,000,000 for the year. The membership fee schedule for FY 1995/96 remains unchanged from the current year, except for the maTimum fee, as discussed in Tab #17 ofthe budget book. DUES FUNDED OPERATIONS The approved FY 1995/% expense budget of 527,323,100 represents an increase of approximately 7.3% over the FY 1994/95 projected results. The increase is primarily due to increased annual expense related to the continued upgrading of the Association's information technology; increased outside purchased services for strategic preparedness on key issues; and increased expenses for the CMA facility. The authorized staffing level remains flat at 205 staff positions. PUBLIC OUTREACH PROGRAM The Public Outreach Program as discussed under Tab #7 is continuing at the full 510.0 million expenditure level for FY 1995/96. The Outreach assessment is adjusted downward to a level of .0105%, based on 1994 calendar year sales, and making use of5700,000 ofaccumulated unspent prior years' assessments. The assessment at 59.3 million plus use of the aforementioned 5700,000 balance should provide the required 510.0 million in funds for FY 1995/%. CHEMTREC CENTER The revenue and expenses for CHEMTREC Center are presented in Tab #11. The approved budget indicates that CHEMTREC Center will require 5156,400 of support from CMA in FY 1994/95 and 5603,100 of support in FY 1995/%. MSDS CENTRAL. INC. The MSDS CentralTM Phase I went on-line on December 1,1994. Based on estimates of demand for the service, and on full costing of probably expenses the approved budget indicates that this activity will require 5470,000 of support from CMA in FY 1994/95 and 5226,400 of support in FY 1995/%. This support will largely represent CMA's investment in this wholly-owned subsidiary. RESERVES The CMA policy on reserves is that they should be maintained at a level that is within a floor of 25% and a ceiling of 50% of the General Operating Expense Budget By the end of the 1995/% fiscal year, assuming the results in Column 3 and 4 are realized, and ifall the current recommendations are approved, the Association would bold General Operating Reserves of 59,517,300. This would represent 35% of die General Operating Expense Budget. -1- CMA 054320 CHEMICAL MANUFACTURERS ASSOCIATION APPROVED BUDGET SUMMARY BY DEPARTMENT FY 93/94 Actual, FY 94/95 Budget and Projected Rasults, Approved FY 95/96 Budget REGULATORY AFFAIRS DEPARTMENT: Environment*!, Health & Safety, Policy Analysis A Office of the Vice President Distribution DEPARTMENTAL TOTAL; FY 93/94 Audited Results Approved FY 94/95 Budget 5 5,494,400 810,200 % 6404,600 5 5,603,100 787,100 S 6490400 Projected FY 94/95 Result? S 5,644,100 702,400 5 6446,500 Approved FY 95/96 Budget $ 5,899,000 728,100 i 6,627,100 FEDERAL GOVERNMENT RELATIONS DEPARTMENT: Taxation, Energy A International % 978J00 Federal Legislative and Ecoaonuts Division 2,424,000 . Grassroots A Political Activities Division DEPARTMENTAL TOTAL: 559,700 s 3,962,000 S 1,141,500 2447,600 658,400 5 4,147,500 S 1,106,700 2435,100 629,400 5 3,971400 s 1,231,100 Z4JS,S00 670,900 % 4420,800 STATE AFFAIRS DEPARTMENT: State Legislative and Regulatory Affair? Federation of State Chemical Associations DEPARTMENTAL TOTAL: OFFICE OF GENERAL COUNSEL: s 830400 1,537.600 s 2467,800 % 3,839400 S 878,500 1,517,500 S 2496,000 S 3,853,900 S 846,000 1,460,500 S 2406,500 S 3,962400 i 923,700 1,524.800 s 2,448,500 5 3,992,400 COMMUNICATIONS DEPARTMENT: Media and Other Advocacy Member Communications and Public Outreach DEPARTMENTAL TOTAL: RESPONSIBLE CARE DEPARTMENT: INFORMATION TECHNOLOGY DIVISION: i 1,817400 836.500 i 2.653.800 s 1.036400 s 744,700 S 1,752,700 820400 5 2.573,000 I 1,160,900 $ 724,400 5 1,677,100 840400 5 2,517,400 i 1,161,500 i 973,400 s 2.011400 926,700 s 2,937,900 s 1452400 s 1464,600 OFFICE OF PRESIDENT. MEMBER SERVICES. AND MEETINGS A CONVENTIONS DEPARTMENT: HUMAN RESOURCES DEPARTMENT: s 1405.100 s 417,700 S 1492,700 S 392.100 i 1,599,600 S 507,000 I 1,606400 s 563,400 FINANCE A ADMINISTRATION DEPARTMENT: Office of the Treasurer, Accounting and Finance Bunness Services Division Printing and Distribution DEPARTMENT TOTAL: TOTAL EXPENSES: REVENUE: Membership Fees Investment and Other Revenue One Time Earth Day Reimbursement TOTAL REVENUE: s 1475,600 445,600 639400 s 2460.500 I 24,891,700 s 23,613,400 1.641400 1.780,000 s 27.034,700 S 1467,400 488,900 720,700 S 2,577,000 $ 25,607,700 1 23,700.000 1,907,700 0 S 25,607,700 S 1,037,100 355,900 720,400 S 2.113.400 S 25,458.800 S 24,195,000 1,869400 0 S 26,064400 s 1,053,800 324,400 731,700 s 2,109,900 s 27423,100 5 26,600,000 1,723,100 0 s 28423.100 Excess ofReveme Over Expenses s 2,143,000 s s0 5 605,400 1,000,000 AUTHORIZED PERSONNEL 205 205 205 205 CMA 054321 -2- CHEMICAL MANUFACTURERS ASSOCIATION COMMENTS ON SUMMARY OF PROGRAM EXPENSES GENERAL BACKGROUND AND C The Summary of Program Expenses project was commissioned by CMA's Officers led by the Vice Chaiiman. The summary remains a work in progress in a number of respects, but is a first attempt at fully costing the Association's programs. There is no comparable history in prior years, however, the Projected FY 1994/95 Results and Proposed FY 1995/96 Budget have been prepared on a comparable basis. The analysis extends only to those programs directly supported by CMA dues. Operating Departments estimated their effort and Outside Purchased Services directly to the programs. Administration and Support Activities were allocated based on the ratio of exempt program specific person years as identified to the various programs. RESULT OF ANALYSIS: For the FY 1994/95 and FY 1995/96 years, CMA's resources are directed as follows: Environmental, Health, Safety & Operations Responsible Care Chemical Industry Business Programs Other Chemical Industry Programs FY 1994/95 % $14,036,700 3,091,600 3,385,100 4.945.400 55% 12% 13% 2024 $25.458.800 100% FY 1995/% $15,635,400 3,455,500 3,324,700 4.907.500 $27.323.100 & 57% 13% 12% 18% 100% VALUE ADDED TQINDUSTRY: Measures in this category are clearly a work in process, however, individual program areas roughly estimated industry savings resulting from some of their most significant efforts and reflected: FY.1994/95 Environmental, Health, Safety & Operations Responsible Care Chemical Industry Business Programs Other Chemical Industry Programs SUMMARY $31,326 To be determined 4,782 25 $36.133 Million Million Million Million The approved FY 1995/96 budget represents staffs best effort to reflect Board and Committee guidance as to relevant priorities within the recommended $27,323,100 annual budget. The FY 1995/96 budget results in a contribution to reserves of $1,000,000 with no change in staff. -3- CMA 054322 CHEMICAL MANUFACTURERS ASSOCIATION APPROVED BUDGET - SUMMARY BY PROGRAM EXPENSES FY 94/95 Projected Results and Approved FY 95/96 Budget (ENVIRONMENTAL, HEALTH, SAFETY & OPERATIONS: 1 Air Programs Engineering. Operations and Community Hszaidcus Waste Cleanup (Superfund) Hazardous Waste Management (RCRA) loternsnonsl Affairs Program Occupations] Health ft Safety Pollution Prevention Program Product Stewardship ft TSCA Program Toxics Use Reduction Public Health Risk Assessment, Mgt., & Communication Water TOTAL RESPONSIBLE CARE: Responsible Cue Program CAERCode Pollution Prevention Code Product Stewardship Code Distribution Code Employee Health ft Safety Code Process Safety Code TOTAL 1 CHEMICAL INDUSTRY BUSINESS PROGRAMS: Distribution Emergency Resp, Safety, Econ Energy ft Petrochemical Feedstocks International Trade A Intellectual Pngioty Taxation TOTAL 1 Audited FY 93/94 Results S 0* Approved FY 94/95 Budget s 0* Projected FY 94/95 Reeuiu s 1.285.000 1.378,700 2.895,900 1.215.400 809,700 712,600 338,400 898,700 848.700 296.400 2,189,300 1.167,900 s 14,036.700 s 1,755.700 167.600 284.700 267.500 242,400 201,900 171,800 I 0 * s 0 s 3.091.600 s 1,024,600 571,300 1,312300 476,700 S 0 * s 0 * $ 3.385.100 Approved FY 95/96 Budget S 1,622,900 1,525,600 2.439J00 1,294,400 909,700 744300 453,400 830.100 1348300 503.500 2.883.600 1.080,100 s 15.635.400 s 2,058.100 243.700 321.600 197400 235.400 207400 192400 s 3.455400 $ 1,028,900 606,400 1,111,700 577,700 5 3.324.700 OTHER CHEMICAL INDUSTRY PROGRAMS: Federation of State Chemical Associations Liability and Legal Reform Other TOTAL TOTAL EXPENSES | S 0* s $ 1,835.900 638,800 2,470.700 0 * s 4.945.400 S 1,885,000 909300 2.113400 s 4,907300 S 24,891,700 s 25.607,700 s 25.458,800 s 27423.100 REVENUE: Metnbetihip Fees Investment Revenue Separate Program Net Revenue (Expanse) AllOthcr TOTAL GENERAL REVENUE: CONTRIBUTION TO (Use of) RESERVES: S 23,613,400 1.107,700 30.000 2483.600 S 27.034,700 s 2.143.000 s 23.700.000 1400.000 0 607,700 s 25.607,700 50 s 24.195,000 1,575,100 (337,100) 631400 s 26.064400 5 605.400 S 26,600,000 1,738,700 (829400) 813.900 s 28423.100 I 1.000.000 PROGRAM ALLOCATION BASIS EXEMPT COMMITTEE DEDICATED STAFF AUTHORIZED PERSONNEL N/A N/A 96 96 205 205 205 205 * This is the first year in which the CMA Programs are being presented on a fully costed basis. No comparable data exists for FY 93/94 Audited Results and FY 94/95 Approved Budget. CMA 054323 CHEMICAL MANUFACTURERS ASSOCIATION APPROVED BUDGET - SUMMARY OF REVENUE AND EXPENSES BY NATURAL EXPENSE CLASSIFICATION FY 94/95 Actual, FY 95/96 Budget and Projected Results Approved FY 95/96 Budget and Propim Com REVENUE: Memboship Fees Investment Revenue Responsible Cere Partnerships Annual & Satuanwal Meetings CMA News Ad Revenue Sale of Material Meetings & Workshops MSDS Central Divideod*/(Support) CHEMTREC Center Revenue (Expense) Separate Program Net Revenue (Expense) AllOtber TOTAL REVENUE: STAFF AND RELATED EXPENSES: Salary & Related Expense Employee Benefits Travel & StaffTraining Dues, Subscriptions & Publications Outside Corrgjuter Services Meetings & Workshops General Printing, Ait & Graphics Direct Postage, Freight & Delivery Direct Supplies & General Office Direct Taxes, Insurance & Audit Subpoena Response & Defendant litigation Rent & Occtgtancy Common Costs Administrative Support to Separate Programs TOTAL: OUTSIDE PURCHASED SERVICES: Printed Publications & Material Audiovisual Material & Support Public Relations Counsel & Research Media Tours & Related Expense Responsible Care Panel Support Implement Responsible Care Codes Federal Legislative Consulting & Coalitioning State Legislative Consulting & Coalitioning CIC Organisational Support State Issues & Project Support Regulatory, Legislative & Economic Analysis Outside Legal Fees TOTAL: TOTAL EXPENSES: CONTRIBUTION TO (USE OF) RESERVES: FY 93/94 Actual Results Approved FY 94/95 Budget Projected FY 94/95 Results Approved FY 95/96 Budget I 23,613,400 1,107,700 76,100 141,600 0 221,100 63,200 0 (15,000) 45,000 1.781,600 s 27,034,700 S 23,700,000 1,300,000 103,000 200,900 0 155,700 128,100 0 0 0 20.000 $ 25.607,700 S 24,195,000 1.575,100 130,000 247,500 16,000 101,600 115,200 (470,000) (156,400) 289300 20,900 s 26,064300 $ 26,600,000 1,738.700 184,000 248,700 81,900 150300 128300 (226,400) (603,100) 0 20.900 $ 28323.100 i 10,048,000 2,641,600 1,049,400 207,700 362,800 219,900 116,300 330,400 280,200 869,600 (4.300) 1,870,400 1,802,000 (742,600) i 19,051,400 s 10.661,100 3.090,400 1,020,500 182300 294,700 193,700 133,000 348,600 152.200 935,100 225,000 1,988,700 1,866,800 (855,700) s 20.236.400 s 10,829,800 2,637,100 1,029,400 200,400 352,100 206,700 120.100 329,400 188,400 912300 175,000 1,913,000 2,004,600 (1377,900) s 19,620.400 S 11,574,800 3,036,900 1.073,400 201,900 381,900 206300 120,400 324,400 171300 1,019,000 100,000 2,675,100 2.695.200 (2308.400) s 21372.000 s 304,100 140,700 92,100 216,700 294,100 671,300 452,100 98,400 246,000 557,800 1,489,400 1.277,600 s 5.840.300 s 24,891,700 s 2,143,000 S 216,000 156,500 99,000 211,000 268,000 362.000 471,600 96,200 214,000 569,500 1,643,400 1.064.100 s 5.371,300 s 25.607,700 s_ o s 229,400 166,500 66,000 211,000 276,000 317,000 526,600 115300 211,000 539,000 1,987,600 1.193.100 s 5.838.400 s 25.458.800 $ 605,400 s 234,500 156.500 160,000 211,000 275,000 591,500 511,600 139300 597,000 102.500 1,807300 1365.000 s 6.051.100 $ 27,323.100 I 1,000.000 AUTHORIZED PERSONNEL 205 205 205 205 -5- CMA 054324