Treasurer’s Corner

The net cost to the chapter for the Rubis Bauer recital was $1227.53. The net cost for the young organists recital and banquet was $2649.90. Income from dues in April and May was $218.00. Most members’ annual dues will be payable between June and September. Our current balances as of 25 May, 2019 are:

Checking $2,071.04
Scholarships $4,373.83
Reserves $22,682.69

In addition to chapter dues, usually either $33.00 or $41.00 per year, the chapter is dependent on reserves and additional donations to cover the costs of underwriting programs, the website, and expenses. Your donations are important to the chapter and will be recognized. Please make your donations online through ONCARD. While you are signed onto ONCARD, please make sure your address, telephone number(s), and email addresse(s) are up to date. It’s easy to do.

Richard Spears
Treasurer
25 May, 2019

The accounts will be reconciled with the bank statement on April 30, 2019, and the details of the month’s transactions will be
presented to the board at the next meeting for approval. As of April 29, 2019, the balances are:

Checking: $4268.77
Scholarships: $4,373.72
Reserves: $22,682.09
Total: 31,324.58

We received $181.00 in dues from the central office and wrote reimbursement checks in the amount of $70.89 to replace (1) a lost check that had been stopped and (2) a check for $422.50 for webmaster work beyond the monthly retainer. A PayPal account linked to our checking account was established to facilitate the online reservation and fee collection. In addition, fees relating to work done on the Job Listings section of the website were charged to our checking account via PayPal.

The board is grateful for the generosity of our members. The contributions above and beyond your dues help with the costs of
programs and web services. Additional contributions can be made at any time through ONCARD, which keeps track of dues and contributions for each member.

Respectfully submitted,
Richard Spears, Treasurer

The accounts will be reconciled with the bank statement on March 31, 2019, and the details of the month’s transactions will be presented to the board at the next meeting for approval. As of March, 2019, the balances are:

Checking: $4,775.16
Scholarships: $4,373.62
Reserves: $22,681.55
Total: $31,830.33

We received $87.00 in dues from the central office and wrote reimbursement checks totaling $397.00 for expenses associated with the Rubis Bauer recital. After a few late additions, the total cost of the recital was $2447.05, with the Chicago Chapter contributing $1,220.52. We are all grateful for Evan Duvall’s excellent management, coordinating and accounting skills which led to an excellent program.

The board is grateful for the generosity of our members. The contributions above and beyond your dues help with the costs of programs and web services. Additional contributions can be made at any time through ONCARD, which keeps track of dues and contributions for each member.

Respectfully submitted,

Richard Spears, Treasurer

March Treasurer’s Report For February, 2019

The Financial Statement for the fiscal year 2018 follows.

The accounts will be reconciled with the bank statement on February 28, 2019, and the details of the month’s transactions will be presented to the board at the next meeting for approval. As of February 26, 2019, the balances are:

Checking: $3,989.13

Scholarships: $4,373.52

Reserves: $22,680.65

Total: 31,043.30

 

We received $82.00 in dues from the central office and wrote reimbursement checks totaling $2,142.96 for dues supplements, and for expenses associated with the Rubis-Bauer recital. Additional costs are pending for this program and will be summarized in next month’s report. A Transfer of $2,500.00 from reserves to checking was made to cover checks being written to cover program costs. A check for $130.00 was written to cover web services.

The board is grateful for the generosity of our members. The contributions above and beyond the dues we pay help with the costs of programs and web services. Additional contributions can be made at any time through ONCARD, which keeps track of dues and contributions for each member.