23:2 (2008:06) Treasurer’s Report

May 28, 2008 at 2:52 pm | Posted in Treasurer | Leave a comment

TREASURER’S REPORT
Peter Whiting, Treasurer

May 2008

Thank you to all the NASIG members that donated to the organization when renewing your membership. We received $175.00 from seven members.

NASIG’s finances continue to remain stable. The balance sheet below reflects our income and assets as of April 1, 2008. Current assets are $434,882.65. This includes $370,162.00 in bank balances and $64,720.65 in the investment accounts.

Sales made at Cafepress go towards NASIG scholarships. The first commission payment was for $26.99.

BALANCE SHEET
(Includes unrealized gains)
As of 4/1/08

The 2008 budget is on track. Technology expenditures went towards development of the new NASIG web page.

The NASIG Executive Board approved the NASIG budget for 2008 during its fall board meeting in Phoenix, Arizona.

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