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Treasurer’s Report

Treasurer’s Report. Dipak Doshi JAINA Treasurer. December 31, 2012  JAINA EC Review  December 31, 2012. YTD Highlights – Executive Summary. Summary. YTD Dec 31, 2012 Net income = $116,645 Individual I&E Reports through Dec 31 2012 issued for each Committee.

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Treasurer’s Report

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  1. Treasurer’s Report Dipak Doshi JAINA Treasurer December 31, 2012 JAINA EC Review  December 31, 2012

  2. YTD Highlights – Executive Summary Summary • YTD Dec 31, 2012 Net income = $116,645Individual I&E Reports through Dec 31 2012 issued for each Committee • Many Year-End actions completed. All bank accounts (except Jaina-Link xx0728) are reconciled through Dec 31, 2012. 1099s issued and 1096 filed. Sales Receipts issued for >=$250 donations (received in 2012) Calculated year-end committee balances based on 2012 total I&Es. Made fund transfers to reflect year-end adjustments for online transactions and reconciliations. • Closed out Wellls Fargo LA bank account and transferred the balance to BOA account.Ongoing support to the 2013 JAINA Convention and YJA boards and their finance team leads. • Continued work on the JAINA Fund Raising Package for a targeted launch in 2013. Available resources and timing have delayed its launch by a couple of months. Substantial work remains completed and pending the launch activities to be collaboratively administered. A preview version was presented at a December EC meeting. Rollout is scheduled in Q1-2013. • Proposed 2013 JAINA Budget  Actual Thru Dec 31, 2012  • Income Target $ 1,194,000 YTD Income $ 679,209 • Expense Budget $ 1,055,000 YTD Expense $ 562,564 When making JAINA deposits at Bank of America or at Chase banks, mark deposit slips with the following address: JAINA, 4481 Normandy Court, Long Grove, IL 60047

  3. YTD QBO COAs – Reconciliation Status

  4. YTD Bank Accounts – Balances

  5. YTD Balance Sheet – Summary[unaudited] JAINA Balance Sheet Summary As of Dec 31, 2012 [unaudited]

  6. YTD I&E – Summary[unaudited] JAINA Income As of Dec 31, 2012 [unaudited]

  7. YTD I&E – Summary[unaudited] JAINA Expenses As of Dec 31, 2012 [unaudited]

  8. YTD Check Detail – All Accounts[unaudited]

  9. YTD 2012 I&E – Snapshot[unaudited] YTD Dec 31, 2012 Expense YTD Dec 31, 2012 Income

  10. I&E – Comparison [Dec 31 2012 values are unaudited]

  11. Thank You We are grateful to the following for their services. • Geetaben Khona, Los Angeles, CA • Vinay Shah, Hoffman Estates, IL • Protocol Link, Vernon Hills, IL (Chicago) December 31, 2012 JAINA EC Review  December 31, 2012 Dipak Doshi JAINA Treasurer

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