Fraternity-Testvériség, 1966 (44. évfolyam, 1-12. szám)

1966-06-01 / 6-7. szám

FRATERNITY 7 Credit 1964 U. S. A. Consolidated Fund ...............................................$13,172,452.76 Sick Benefit Fund ............................................. 126,842.57 Hospitalization Fund ........................................... 43,797.32 Trust Fund .......................................................... 92,673.01 Bethlen Home Contributions ............................ 76.40 Retirement Benefit Fund ................................. 118,316.56 D. C. Income Tax Withheld ............................ 305.20 Income Tax Withheld ....................................... —.— 1965 U.S. A. & Can. $13,771,334.47 125,718.49 45,744.41 94,921.78 231.60 123,054.02 241.06 42.00 $13,554,463.82 $14,161,287.83 We closed our books at the end of every month and we forwarded a Trial Balance to the Accountant. II. COLLECTION OF DUES The new branch deduction system has greatly simplified handling of dues in the Home Office, as well as in the branches. U. S. A. Canada Gross Dues Collected in 1964 ................................$1,417,658.73 —.— Net Dues Collected in 1964 ................................... 1,346,883.64 —.— Branch Deductions ...............................................$ 70,775.09 —.— Gross Dues Collected in 1965 ...............................$1,436,947.31 $ 9,732.05 Net Dues Collected in 1965 ................................... 1,363,519.64 9,419.25 Branch Deductions ...............................................$ 73,427.67 $ 312.80 Branch Deductions in U. S. A. and Canada.......................................$73,740.47 Branch handling expenses have shown a rather insignificant increase of $2,965.38 in 1965. Under the old system, branch deductions would have amounted to $69,930.57. Because of the difference in actuarial basis between the two deduction systems, we shall keep deduction figures under a comparative control in the coming years. Increase in our assessments continues to show a growing tendency. U. S. A. Canada Gross Assessment in 1964 .........................................$1,438,586.46 —.—­Gross Assessment in 1965 ......................................... 1,451,405.20 $ 8,719.13 Increase....................................................................$ 12,818.74 $ 8,719.13 Total Increase (U. S. A. and Canada)....................................................$21,537.87 While the trend of diminishing growth further prevailed in the U. S. A., Canada figures seem to bring the long-awaied upward change. Increase in our assessments was $28,311.09 in 1962, $27,873.28 in 1963, and $19,844.81 in 1964, as compared to the present $21,537.87. Out of this amount, the U. S. A. share, unfortunately, represents only $12,818.74.

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