NES MAA

In the spring newsletter, I reported a balance of $19,555.06. Since that time, we spent $742.70 on reimbursements for the fall meeting at the University of New Hampshire, $270.80 for the Joint meetings in San Antonio, $140.23 for one of the spring dinner meetings, and $1,133.60 for the successful spring meeting at Boston University. The expenses from the spring meeting were 5,084.77, while the revenue from meeting registrations was $5,238.00. The expenses for the printing and postage of the spring newsletter for that meeting totaled $1,430.39. We also received our yearly subvention check for $2,850.00 from the national office at the end of this summer. Moreover, we earned $297.54 in interest since the last newsletter. The 11-month CD that I opened in the amount of $12,000.00 last summer came due this June. At this time, I opened a new 11-month CD in the amount of $15,000 with APY 5.00%. Our present balance is $19,138.11.

We spent more than usual since the last newsletter on reimbursements for the various meetings, but our expenses for postage and printing of our newsletter has remained basically the same. Last fall, we spent $1,417.17 for the printing and postage of the fall 2005 newsletter and $1,430.39 for the spring 2006 newsletter. We are planning to fund some projects for our section this year, since our balance has been increasing over the last few years.

In the spring, I wrote and submitted the yearly financial report of the Northeastern Section of the MAA. I also wrote our section’s annual report at the beginning of the summer.

That is my update for now! We are all looking forward to the Fall MAA meeting at Sacred Heart University, where I will update you further on our finances. I wish you all a very enjoyable fall semester!