Where does all the money go? (Was: Should STC be on this list)

[Joan Miles <miles -at- CCD -dot- HARRIS -dot- COM>]

> I don't know about the rest of you, but I'd like to know more facts before I
> issue a judgement on the Conference. Has there been a clear presentation of
> Conference costs, with a diagram of how the fees are used to drive these costs
> and how much goes into the general fund. In fact, I would like to see a run-
> down of the STC costs in general. Am I right in thinking this has shown up in
> the Journal sometime? (Could anyone point out the issue?

        John,

        According to the Annual Report from July 1991-1992 placed in the
        December 1992 *Intercom*,

        Income (1992)   $1,796,126
        Expenses (")    $1,571,973

                Income
                  Dues          $1,238,277
                  Conference    $  231,063
                  Pubications   $  139,544
                  Investments   $   88,746
                  Recognition
                    Programs    $   12,016
                  Miscellaneous $   86,480
                Total           $1,796,126

                Expenses
                  Publications  $  411,640
                  HQ Operations $  405,325
                  Chapter Rebates  311,298
                  General Oper. $  195,951
                  Committees    $  118,949
                  Scholarships,
                    Awards/Grants   99,225>
                 Total          $1,571,973
                 Excess income over expenses  $224,153

        Broken down into percentages, it goes like this:

                Income
                  Dues 69%
                  Conference 12%
                  Publications 8%
                  Investments 5%
                  Miscellaneous 5%
                  Recognition Programs 1%

                Expenses
                  Publications 26%
                  Headquarters 26%
                  Chapter Rebates 20%
                  General Operating 12%
                  Committees 8%
                  Scholarships/Awards 6%
                  Other 2%

        So, what exactly are Headquarter expenses? Maybe they should be
        shared with Scholarships and Awards, seeing as how that would
        have the most effect on people. I know I would have liked to
        have gone to the Conference, but neither I nor my company
        could shell out the amount it would have taken for just one
        person. Guess only the wealthy can be educated, huh?!


        As for conference costs...
        Airline tickets-variable
        Car Rental $22-34/day -at- $110-219/week
        Full Conference (Advance Registration)  $350/member $445/nonmember
                        (Walk-in Registration)  $425/member $$520/nonmember
                        (Student/Retired STC Member--$80 or $130 depending
                                on how quick you were in registering)
        Hotels $79-115/single $89-135/double
        Miscellaneous costs--Special Event tickets/Meals 5 -at- $15
        List of Attendees $10
        Extra *Proceedings* $50
        Post Conference Workshops $75-150

        Costs definitely added up-nothing like the "$350 Conference fee" !


        Joan


> -John Sanders-
> -GE/Schenectady-



--

        Right now I'm having amnesia and deja vu
        at the same time. I think I've forgotten
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                        -Steven Wright