Verhovayak Lapja, 1953 (36. évfolyam, 1-12. szám)
1953 / Verhovay Journal
January 21, 1953 Verhovay Journal PAGE 11 ANNUAL STATEMENT - January-December, 1952 Mortuary Disability Trust Junior Order Junior Order Pension Expense Fund Fund Fund Fund Expense Fund Fund Fund TOTAL I. Balance from Previous Year ... ......... 10,582,653.75 592,331.95 97,921.03 1,222,251.92 2,028.38 24,638.9912,517,769.26 II. IN C O M E Monthly Dues ........................................... 856,354.15 168,892.25--.--164.435.07 74,365.68--.---330,599.40 1,594,64 6.55 Interest on Mtge. Loans ............ 16,051.71--.---.----.---.----.---.---16,051.71 Int. on Mbrship. Certif. Loans ............. 18,914.59--.---.---903.64 --.----.-—.--19,818:23 Interest on Bonds 297,336.54 18,428.79 2,550.63 38,121.50 356,437.46 Dividend on Stocks ................................ 2,756.86 _.---._ •--.---2,756.86 Interest on Bank Deposits ...................... 354.71--.---34.53 •--.---.---.---.--389.24 Interest on Real Estate Loans ............ 350.18 ■--.---.----.---.----.----.---350.18 Home Office Building Income ______ 41,009.61--.----.-—.---.----.---.---41,009.61 Profit on Sale or Mat. of Bonds ........... 11,326.35--.---.----.----.----.---.---11,326.35 Bond Amortization Increase ...... ........ 1,124.88 .--11.64 151.11--.---.---.---1,287.63 Reserve Transfer ..... 52,220.25--.---.-v_.---.-i--.---.---52,220.25 Amort, of Mortgage Discount ............. 5,817.88--.--\ --.---.---.---.---.--5,817.88 Deposits to Trust Fund ..........................--.---.---38,106.97 --.----.---.---38,106.97 Employees & Officers Withheld Taxes — Dec. 1952. ..........--.----.--2,885.14 --.---.---.----.---2.885.14 Handling Charges-Cash Surr.................--.----.----.---.--535.50--.--3,565.00 4,100.50 Handling Charges-Certif. Loans ..........--.----.---.----.---21.40--.--343.70 370.10 Trust Fund — Over 1% Income ...........--.----.---.----.----.---.---, 1,525.48 1,525.48 Miscellaneous Income .......... —.---.-V ---.----.-•--.--4.61 4.64 1952 Bowling Tournament Income .......--.-•--.----.---.---.-■--.--8,777.85 8,777.85 Sick Benefit Refund--19.42--.----.--—.---.---.--19.42 Deposits to Pension Fund — —•— 15.621.40 15,621.40 Total Income 1,303,617.71 187,340.46 43,588.91 203,611.32 74,922.58 15,621.40 344,821.07 2,173,523.45 TOTAL 11,886,271.46 779,672.41 141,509.94 1,425,863.24 72,894.20 15,621.40 369,460.0514,691,292.71 III.DISBURSEMENTS Death Benefit Claims ............................. 464,889.51--.----.--3,300.00 1,000.00 ■» 4,000.00 473,189.51 Additional Accidental Death Ben. ....... 2,500.00--.--—.— —.——.— —.— —.—2,500.00 Matured Endowments ...................... 35,800.00--.----.---.----.---.----.---35,800.00 Cash Surrenders ..................................... 88,508.19 —.— 12,311.08 —.— —.— —.—100,819.27 Dividends ................................. 3,333.21 —.— 1,097.28 —.— —.— — 4,430.49 Home Office Building Disb.................... 22,233.30 —.— —.— —.——.— 22,233.30 Investment Expenses ..... 4,320.45 —.—--.-—.— —.— —.—4,320.45 Miscellaneous Expense .......... 166.34--.---.---.--—.— —.— —.—166.34 Ixiss on Sale or Mat. of Bonds ........... 402.06--.---.--22.88--.---.---.---424.94 Depreciation of H/O Bldg. R/E 5,021.53---.----.-—.— —.— —.—5,021.53 Bond Amort. Decrease 6,911.96--.--161.41 981.22--.--2.20--.--8,056.79 Actuarial & Audit. Expense . . 6,236.25--.----.---.----.-—.— —.—6,236.25 Amort of Mtge. Premium 280.77--.---.----.----.-—.— —.—280.77 Prior Year’s Military Death Benefit 2,456.13 —.— 2,456.13 Prior Year’s Prohibited Occupation Death Benefit ......t.............................. Monthly Dues Befunds ........................... Accrued Bond Interest ........................... Sickness and Accident Claims .............. Permanent Disability Claims ................ Trust Fund Paid Deposits ...................... Over 1% Income to Expense Fund ....... Payor Benefits Waived .......................... Premium Refunds ..................................... Keserve Transfer ..................................... Commissions ......................................... Medical Examinations Office Employees Salaries ...................... Collection of Dues ...... Adv., Printing, Sta. ................................. Salaries-Officers & Trustees Furniture and Equipment ...................... Insurance Department Fees .............. Official Publication ................................. Branch Office Rentals .......................... Home Office Rentals ............................. Office Mach. Main & O. Equip. Main.... Other Legal Expenses -............................ Postage, Teleg., Tele., & Express ......... Payments from Pension Fund Inspection of Risks ................................. Travel and Other Expenses General Office Main. Expense Donations ......_........................................ American Hungarian Federation ........... Verhovay Fund ......................................... Bureau and Assn. Dues & Assess.......... Books, News., and Periodicals Insurance, except on Real Estate Sports Activities Fund Depreciation of Machinery .. Social Security Federal Tax States Unemployment Tax .................... Other State Taxes ................................. Other Federal Taxes......... ........./_........ 1953 Bowling Tournament 1952 Bowling Tournament ............... Convention ............................................ Verhovay Pension Fund Collector of Internal Revenue — Withheld Taxes — Dec. 1951 500.00 3,102.04 4,280.09 137 140,627 4,500 70 30 00 28,514 1,525 04 48 318 350 23 3,161 52,220 *2 56 33 14 25 71.63 TOTAL DISBURSEMENTS ........... BALANCE ........... 650,941.83 145,265.00 30,200.93 73,786.08 * 71,043.18 223.65 13 500.00 3.853.14 4,638.78 140.627.30 4,500.00 28,514.04 1,525.48 23.55 3.161.14 52,220.25 22,760.33 —.—42,703.24 65,463.57 386.00 —.—7.778.00 8,164.00 15,500.00 —.— 57,297.71 72,797.71 10,667.33 —.— 86,819.88 97,487.21 692.89 —.—.14,947.26 15,640.15 10,000.00 —.—36,100.00 46,100.00 1,225.00 —.—5,038.50 6,263.50 350.00 —.—1,333.05 1.683.05 2,755.00 —.—10,387.98 13,142.98 725.00 —.— 2,666.96 3,391.96 2,293.00 —.—8,627.00 10,920.00 1,000.00 —.— 2,237.71 3,237.71 567.00 —.— 2,133.00 2,700.00 1,050.00 —.—4,354.44 5,404.44 —.— 4.00 —.— 4.00 —.— —.— 466.25 466.25 —•— —.— 17,892.13 17,892.13 —.— V 577.75 577.75 —.— —.— 1,020.35 1.020.35 —.— —.— 1,000.00 1,000.00 —.— —.— 1,000.00 1,000.00 —.— —-.— 720.00 720.00 —.— —.— 833.08 833.08 —.— —.— 779.37 779.67 —.— —.— 1,900.00 1,900.00 —.— —.—7,658.44 7,658.44 —.— —.—2,648.54 2,648.54 —.— —.—207.44 207.44 —.— —.— 30.00 30.00 —.— v —•— 1,949.91 1,949.91 —.—-------.-------388.88 388.88 —.—-------.-------13,407.47 13,407.47 —.— —.-------2,442.95 2,442.95 10,000.00 10,000.00 —.—--.--2,399.85 2,399.85 14.33 353,971.09 1,325,222.44 11,235,329.63 634,407.41 111,309.01 1,352,077.16 1,851.02 15,607.07 15,488.97 13,366,070.27 JOHN SZALANCZY, National Treasurer JOHN SABO, National Auditor
