Verhovayak Lapja, 1952 (35. évfolyam, 1-12. szám)
1952 / Verhovay Journal
FAGE 6 Verhovay Journal ________________________________August 20, 1952 , Semi-Annual Statement: Jänuary-June, 1952 Mortuary Disability Trust Junior Order Junior Order Expense ' Fund Fund Fund Fund Expense 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 24,638.99 12,517,769.26 II. IN C O M E Monthly Dues .......................................— 459,390.79 89,913.65 15,678.56 84,289.22 37,902,16 166,253.54 853,427.92 Interest on Mtge. Loans ........................ 6,951.42---.----.-----.-----.-----.---6,951.42. Int. on Mbrship. Certif. Loans ............. 19,024.94---.-----.---880.53---.-----.---19,906.47 Interest on Bonds ..................................... 155,453.43---.---1,170.48 17,654.57---------.---174,278.48 Dividend on Stocks ................................... 1,578.90--.-----.-----.-----.-----.---1,578.9# Interest on Bar.k Deposits ...................... 176.91---.---17.22--.-----.-----.---194.13 Interest on Real Estate Loans ............. 189.14---.----.-----.-----.-----.---189.14 Home Office Building Income ............ . 20,184.76---.-----.-----.-----.--- '---.---20,184.76 Profit on Sale or Mat. of Bonds ........... 1,435.61---.----.-----.-----.-----.---1,435.61 Bond Amort. Increase Account ............. 25.56---.----.-----.-----.-----.---25.56 Amort, of Mortgage Discount ............... 94.22---.-----.-----.-----.-----.---94.22 Sickness and Accident Claim Ref........... —.— 19.42--.-----.-----.-----.---19.42 Handling Charges-Cash Surr................... * —.—---.-----.-----.---295.00 1,886.00 2,181.00 Handling Charges-Certif. Loans ............ » —.— —.— 19.10 333.60 352.70 Employees oc Officers Withholding Tax Deductions .............. —.— 16,246.92 16,246.92 Employees & Officers Social Security Deductions ................. —•— . _ _ ___ ___ 1,669.67-1,669.67 Trust Fund — Over 1% Income ......_... —.— —.— —.— 734.39 4.64 8,777.85 734,39 4.64 8,777.85 Miscellaneous Income ............................ —.— 1952 Bowling Tournament Income ....... —.— 1 —■■— Total Income .................................. 664,505.68 89,933.07 16,866.26 102.824.32 38,216.26 195,906.61 1,108,252.20 TOTAL ....................... ........ 11.247,159.43 682,265,02 114,787.29 1,325,076.24 36,187.88 220,545.60 13,626,021.46 III. DISBURSEMENT Death Benefit Claims ..................."......... 246,000.53 — 3,300.00 — 4,000.00 253,300.53 Additional Accidental Death Ben........... 1,000.00 —.— —.— —.— —.— —•— 1.000.00 Matured Endowment ....................*____ 11,050.00 —.— —.— —.— —.— —•— 11,050.00 Cash Surrenders ............................... 45,628.03 —.— —.— 6,418.92 —.— —*— 52,046.95 Dividends ................................................... 1,523:06 —.— —.— 491.38 —.—< —.— 2,014.44 Home Office Building Disb..................... '^5‘^8.74 — —.— —— —— 15,258.74 Investment Expenses ......_..................... £,'657.47 —.— ——.— —•— —•— 2,657.47 Miscellaneous Expense ........................... 166.34 —.— —.— ^ —.— —•— —•— t 166.34 Loss on Sale or Mat. of Bonds ............. 378.36 —.— •—•— 22.88 —.— —.— 401.24 Bond Amort. Decrease ...... 98.95 —.— —.— —.— —.— —•— 98.95 Actuarial & Audit. Expense .......... 2,936.29 —.— —.— —.— —.— —-— 2,936.29 Amort of Mtge. Premium ....................... ’ ■ ‘280.77 —.— —.— —.— —•— —•— 280.77 Prior Year’s Military D. Benefit ........... 2,456.13 —.— —.— —.— —•— —•— 2,456.13 Prior Year’s Prohibited Occupation Death Benefit ....................................... 500.00 — 500.00 Monthly Dues Refunds ........................ 1,460.73 137.70 — 190.72 15.55 53.70 1,858.40 Accrued Bond Interest ....................4. " 2,753.40 —.— •—.— 210.63 —.— —.— 2,964.03 Sickness and Accident Claims .............. —.— 75,898.37 •—.— —.— —-— —•— 75,898.37 Permanent Disability Claims ................. —. 3,200.00 —.— —.— —.— —•— 3,200.00 Trust Fund Paid Deposits ................... ” —.— —.— 9,227.30 —.— —.— —.— 9,227.30 Over 1% Income to Expense Fund ....... —.— —.— 734.39 —.— —.— —•— 734.39 Payor Benefits Waived .......................... —.— —.— —.— 23.55 —.— —.— 23.55 Premium Refund ......_............................. —.— —.— •—.— 1,887.10 —.— —.— 1,887.10 Commissions ’ ........................................... — — — 10,128.94 19,360.47 29,489.41 Medical Examinations ..... ......... —.— —.— —.— —•— 201.00 3,938.00 4,139.00 Collection of Dues ................................... —.— —.— •—.— —*— 5,454.08 44,186.79 49,640.87 Adv., Printing, Sta............. _...... —.— •—.— —.— —•— 692.89 9,270.89 9,963.78 Inspection of Risks ..............,.................... —.— •—.— —.— . —•— —•— 194.30 194.30 Office Employees Salaries ....................... —.— •—.— —.— —•— —•— 38,082.72 38,082.72 Salaries-Officers & Trustees ................... —.— •—.— •—.— —.— —•— .23,049.92 23,049.92 Travel and Other Expenses ................... —.— •—.— —.— —■— —•— 9,831.35 9,831.35 Insurance Department Fees ................... —.— —.— •—.— —•— —-— * 1,681.05 1,681.05 Branch Office Rentals ........................... —.— ■—.— •—.— —■— —•— 1,578.00 1,578.00 Home Office Rentals ...................»......... —.— •—.— •—.— —•— —•— 5,460.00 5,460.00 General Office Main. Expense ............... * —.— •—.— •—.— ■*—— —-— 226.71 ( 226.71 Office Mach. Main & 0. Equip. Main..... —.— , —.— —.— j~-— —■— 931.14 931.14 Postage, Teleg., Tele., & Express ......... —.— —.— —.— —•— —•— 2,506.18 2,506.18 Donations ...... r....... —:.— •—.— •—.— —•— —•— 180.00 180.00 American Hungarian Federation ........... —.— •—.— •—.— —-— —•— 499.98 499.98 Yerhovay Fund ........................................... —.— •—.— •—.— —•— —•— 499.98 499.98 Official Publication ................................... —.— ■—.— •—.— —•— —-— 6,845.99 6,845.99 Other Legal Expenses ........................... —.— •—.— •—.— —■— —•— 1,350.00 1,350.00 Furniture and Equipment ................... —.— •—.— •—.— —•— —■— 1,390.33 1,390.33 Bureau and Assn. Dues & Assess.......... —.— ■—.— ■—.— —•— —•— 240.00 240.00 Books, News., and Periodicals ............... —.— •—.— •—.— —•— —■— 381.87 381.87 Insurance, except on Real Estate"......... * —.— •—.— ■—.— —•— —•— 325.46 325.46 Sports Activities Fund ..._..........;......... —.— —.— •—.— * —•— —•— 1,250.00 1,250.00 Social Security Federal Tax ...;............... —.-— •—.— •—.— —•— —-— 3,190.20 3,190.20 States Unemployment Tax ..................... —.— •—.— •—.— —■— —•— 115.39 115.39 Other State Taxes ................................... . —.— —.— —.— —•— —•— 30.00 30.00 Other Federal Tax ................................' — —— 1,949.91 1,949 91 1952 Bowling Tournament Expense ..... —.— —.— •—.— —•— —•— 13,407.47 13,407.47 Convention ............................................. —.— —.— •—.— -— \ —•— 2,442.95 2,442.95 Verhovay Pension Fund ........................... —.— 1—.— •—.— ■ —■— 5,000.00 5,000.00 Collector of Internal Revenue — Withheld Taxes .............:...............~— — •— 16,036.04 16,036.04 TOTAL DISBURSEMENTS ........... 334,148:80 79,236.07 9,961.69 12,545.18 16,492.46 219,486.79 671,870.99 ...............BALANCE ................................. 10,913,010.63 603,028.95 104,825.60 1,312,531.06 - 19,695.42 1,058.81 12,954,150.47 JOHN SZALANCZY, National Treasurer JOHN SABO, National Auditor
