Finance 2007
IEEE-Region 4-Jan08 [01]
Institute of Electrical & Electronics Engineers
Region 4 – Central USA
Finance 2007
e-Meeting - January, 2008
Prepared By – Region 4 Treasurer
Sat Basu [[email protected]]
January 03, 2008
Finance 2007
IEEE-Region 4-Jan08 [02]
RAB
REGION ACTIVITIES BOARD - ITEM
BUDGET
BUDGET
ACTUAL
SUR/DEF
ITEM#
DETAIL DESCRIPTION
2008
2007
2007
2007
TOTAL REVENUE (RECEIPTS/CREDITS)
$176,800
$129,650
$199,362
$69,712
2.00
PROGRAM
$5,000
$8,000
$24,948
$16,948
2.50
CONFERENCE
$5,000
$8,000
$24,948
$16,948
3.00
OTHER RECEIPTS
$141,800
$121,650
$174,414
$52,764
3.10
REBATE FROM IEEE HQ
$58,600
$50,000
$66,496
$16,496
3.15
REGION 4 ASSESSMENT
$41,000
$44,000
$42,795
-$1,205
3.32
SUPPORT FROM RAB AND OTHER MAJOR BOARDS
$38,200
$22,850
$61,411
$38,561
3.32A
REBATE FROM IEEE-USA
$15,000
$15,900
$17,926
$2,026
3.32I
RAB SUPPORT - SSVR 2008
$3,400
$3,450
$3,450
$0
3.32M
RAB SUPPORT - DIRECTOR TRAVEL WITHIN REGION 4
$3,000
$3,500
$6,443
$2,943
3.32Z
OTHER MAJOR BOARD SUPPORT
$0
$0
$0
$0
3.33
RAB SUPPORT - SECTION CONGRESS 2008
$16,800
$0
$33,592
$33,592
3.40
BANK INTEREST
$4,000
$4,800
$3,712
-$1,088
3.41
SB ACCOUNT
$4,000
$4,800
$3,712
-$1,088
3.70
TRANSFER FROM INVESTMENT ACCOUNT => => =>
$30,000
Finance 2007
IEEE-Region 4-Jan08 [03]
RAB
REGION ACTIVITIES BOARD - ITEM
BUDGET
BUDGET
ACTUAL
SUR/DEF
ITEM#
DETAIL DESCRIPTION
2008
2007
2007
2007
$176,800
$127,650
$204,205
-$76,555
TOTAL EXPENSE (PAYMENTS/DEBITS)
4.00
PROGRAM
$158,400
$108,400
$173,720
-$65,320
4.10
MEETINGS AND SOCIAL ITEMS
$109,000
$44,000
$80,984
-$36,984
$2,000
$11,000
$19,421
-$8,421
$11,000
$22,197
-$11,197
$11,000
$17,958
-$6,958
$11,000
$21,408
-$10,408
$105,000
$0
$0
$0
4.11A
R4 EXECUTIVE COMMITTEE - TRAVEL
4.11B
R4 EXECUTIVE COMMITTEE - FOOD+FACILITY
4.12A
R4 REGION COMMITTEE - TRAVEL
4.12B
R4 REGION COMMITTEE - FOOD+FACILITY
$2,000
4.13
R4 - SECTION CONGRESS2008
4.50
CONFERENCES ACTIVITY
$12,000
$20,000
$51,320
-$31,320
4.60
EDUCATIONAL ACTIVITY
$200
$200
$0
$200
4.70
PROFESSIONAL ACTIVITY
$15,000
$16,500
$30,535
-$14,035
4.71
PACE PROJECTS
$10,000
$9,000
$10,950
-$1,950
4.73
PACE TRAVEL
$5,000
$7,500
$19,585
-$12,085
Finance 2007
IEEE-Region 4-Jan08 [04]
RAB
REGION ACTIVITIES BOARD - ITEM
BUDGET
BUDGET
ACTUAL
SUR/DEF
ITEM#
DETAIL DESCRIPTION
2008
2007
2007
2007
$15,000
$17,000
$8,529
$8,471
$700
$500
$841
-$341
4.80
STUDENT ACTIVITY
4.85
AWARDS ACTIVITY
4.90
OTHERS
$6,500
$10,200
$1,511
$8,689
4.91
TECHNICAL ACTIVITY
$3,000
$7,000
$99
$6,901
4.92
GRADUATES OF LAST DECADE ACTIVITY
$1,500
$1,500
$1,412
$88
4.93
WOMEN IN ENGINEERING ACTIVITY
$1,000
$1,500
$0
$1,500
4.94
COMMUNICATION ACTIVITY
$1,000
$200
$0
$200
5.00
MANAGEMENT AND GENERAL
$18,400
$19,250
$30,485
-$11,235
5.50
SUPPORT TO SECTION - SSVR (Membership Retreat)
$3,500
$3,450
$4,050
-$600
5.60
OTHERS
$14,900
$15,800
$26,435
-$10,635
5.61
R4 DIRECTOR
$3,400
$3,500
$8,853
-$5,353
5.61A
DIRECTOR'S TRAVEL WITHIN REGION 4
$3,000
$3,500
$4,617
-$1,117
5.61B
DIRECTOR'S TRAVEL OUTSIDE REGION 4
$200
$0
$4,136
-$4,136
5.61C
DIRECTOR'S RESOURSES
$200
$0
$100
Finance 2007
IEEE-Region 4-Jan08 [05]
RAB
REGION ACTIVITIES BOARD - ITEM
BUDGET
BUDGET
ACTUAL
SURP/DEF
IC
ITEM#
DETAIL DESCRIPTION
2008
2007
2007
2007
5.62A
DIRECTOR-ELECT TRAVEL WITHIN REGION 4
$3,000
$3,000
$0
$3,000
5.62B
DIRECTOR-ELECT TRAVEL OUTSIDE REGION 4
$2,000
$2,000
$0
5.62C
DIRECTOR-ELECT'S RESOURSES
$200
$0
$0
5.63
R4 PAST DIRECTOR
$200
$500
$0
$500
5.64
SECRETARY
$500
$300
$465
-$165
5.65
TREASURER
$600
$300
$182
$118
5.66
MEMBERSHIP ACTIVITY
$3,000
$4,000
$16,479
-$12,479
5.67
AREA CHAIRS
$3,500
$3,500
$51
$3,449
5.67A
EAST AREA
$0
$0
5.67B
CENTAL AREA
$0
$51
5.67C
WEST AREA
$0
$0
5.67D
SECTION VISIT
$2,000
$0
5.67E
NETWORKING
$500
$0
5.67F
STRATEGIC PLANNING
$1,000
$0
5.68
R4 ADVISOR
$200
$200
$0
$200
5.69
R4 DIRECTOR'S DISCRETION
$500
$500
$405
$95
Finance 2007
IEEE-Region 4-Jan08 [06]
EIT2007 Revenue and Expense at a Glance
Budget $
Actual $
Deviation $
$5,000.00
$5,000.00
$0.00
$38,650.00
$31,371.00
-$7,279.00
$2,000.00
$7,000.00
$5,000.00
PACE Activity Support
$0.00
$3,000.00
$3,000.00
Bank Interest
$0.00
$128.60
$128.60
Conference Publication - IEEE EXPLORE
$0.00
$2,875.00
$2,875.00
$45,650.00
$49,374.60
$3,724.60
Luncheon at IIT - Food & Beverage, Local
$5,000.00
$5,124.00
-$124.00
Decoration at IIT - Flowers & Merchandise
$2,000.00
$2,576.92
-$576.92
Bus Ride -Hotel to Campus & Back, Local
$1,000.00
$1,975.00
-$975.00
Registration - Promotion, Material
$1,400.00
$1,545.35
-$145.35
Key Note Speakers - Travel
$2,550.00
$2,149.87
$400.13
Staff - Mgmt Serv, Exhibits, Publication,
$4,700.00
$6,681.14
-$1,981.14
Conference Supply - Admin, Awards & Bags
$4,500.00
$4,342.42
$157.58
$19,375.00
$41,000.00
-$21,625.00
$5,000.00
$5,000.00
$0.00
$45,525.00
$70,394.70
-$24,869.70
Item Description
Revenue
SEED Money From Region 4
Registration - Fees
Sponsorship - Industry Contribution
Total Revenue
Expense
Marriot Hotel - ConfRm, AudVis, Food&Beverage
Refund of SEED money to Region 4
Total Expense
Surplus/Deficit
Actual Revenue Less Actual Expense
-$21,020.10