Submitted by lisadmuci on Sat, 08/18/2018 - 5:04 PM
Report Date
Committee Name

Treasurer’s Report

For Board of Directors Meeting

August 20, 2018

Chuck Coutant, Treasurer

 

This is a summary of the operating and investment financial status of ORCMA as of July  31 for the new 2018-2019 fiscal year.

The itemized Profit & Loss Statement and Balance Sheet will be made available on request from the Committee Chair/Treasurer or the ORCMA office.

 

OPERATING

 

Income: $18,948.77

Expense: $8,722.24

Net Income: $10,226.53

 

ACCOUNTS STATUS

 

Bank:

$222,722.39 (including $211,628.41 from gifts to be invested); 2018-2019 season funds =  $11,093.98

 

Broker:

Investment Account = $170,503.85 (versus $167,474 on June 30, 2018, FY gain of $3,029.37)

Endowment Account = $210,629.85 (versus $202,033.45 on June 30, 2018; FY gain of $8,596.40) Adjusted for $26,000 withdrawal from this account.

Total invested funds = $381,133.70 (versus $370,549.50 on June 30, 2018; FY gain of $11,625.77) Adjusted for $26,000 withdrawal from the Endowment Account.