Region 6Budget Mid-Year Status

Scott TamashiroR6 Treasurer8 August 2015

Status - Transactions

2014– 28 transactions processed including

22 checks written (0 received) 6 transfers to (0 transfers from) 0 credit card charges (0 debits)

2015– 304 transactions processed including

187 checks written (7 received) 57 transfers to (49 transfers from) 4 credit card charges (0 debits)

04/19/232

Status – Concentration Banking

Concentration Banking (600000)– Planned Reserve Spending: $115,000– Current Reserves: $144,881.49

04/19/233

HOP January 1 July 31 Net

#600000 $78,486.20 $25,916.62 ($53,569.58)

Status - Top Level Budget

04/19/234

‘15 Budget ‘15 Spend (8/7/15) ‘15 Net

Expenses $330,550.00 $277,966.80 -$52,583.20

Income $208,000.00 $257,370.53 +$49,370.53

Income + Reserve Transfer $333,000.00 - -

Net (Income) -$122,500.00 -$20,596.27 -$23,046.27

Net (Income + Reserves) $2,450.00 - $101,953.73

Exceeding projected income– Note: NIC Funding (25K), Joint R4 (20K), Mic sales (5K)

On track to exceed spending– Note: NIC spending (25K), Joint R4/R6 (40K)

Budget assumes a $115,000 transfer of reserves– Typically, we never need to but this year we will– Will be offset with $2 increase per R6 member next year (~$80K)

BUDGET BREAKDOWN

04/19/235

1.00 Contributions

N/A

04/19/236

2.00 Income - Activities

04/19/237

NoteworthyExpect large change in next 5 months

3.00 Income – OU, Investments, Etc.

04/19/238

4.00 Expenses – Programs (10-60)

04/19/239

4.00 Expenses – Programs (70)

04/19/2310

4.00 Expenses – Programs (80)

04/19/2311

4.00 Expenses – Programs (85-90)

04/19/2312

5.00 Expenses – Mgmt & General (10-20)

04/19/2313

5.00 Expenses – Mgmt & General (30-60)

04/19/2314

6.00 Expenses – Fundraising

04/19/2315

N/A

MEETINGS

04/19/2316

Operational Committee2012 Spring(San Diego)

2012 Fall(Portland)

2013(Las Vegas)

2014(San Jose)

2015(San Diego)

Income - - - - $20,952.02

Expense – Program $2,948.09 $10,480.24 $4,438.98 $21,704.96 $40,465.15

Expense – Travel $19,896.47 $21,197.73 $41,108.61 $30,111.54 $45,308.65

Net Total $22,844.56 $31,677.97 - - -

Net Annual Total $54,522.53 $45,547.59 $51,816.50 $64,821.78

04/19/2317

Despite more expensive hotel, extra day, F&B and A&V $2.2K cheaper than 2014Extra night, higher rate, and poor travel choices made 2015 $15.2K more expensiveHowever, total cost still under budget ($67K)

Area MeetingsArea 2012

Spring2012Fall

2013Spring

2013Fall

2014Spring

2014Fall

2015Spring

2015Fall

Northwest $8,626.58 $5,783.06 $2,804.76 $6,906.20 $4,192.15 $24,853.93 $7,838.20 w/SW

Central $7,013.32 $2,764.91 $6,582.53 $4,084.97 $4,954.27 $6,456.76 $5,591.73 TBD

Southern $2,323.07 $3,767.29 $0.00 $624.40 $2,710.85 $15,076.79 $3,786.13 TBD

Southwest $11,777.24 $4,982.65 $9,249.64 $10,387.19 $11,004.68 w/SO $6,606.56 TBD

Northeast $4,171.42 $4,709.99 $0.00 $5,376.10 $3,207.97 w/NW $2,548.74 w/CE

Total $33,911.63 $22,007.90 $21,441.69 $27,378.86 $26,069.92 $46,387.48 $26,371.36

Annual Total

$55,919.53 $48,820.55 $72,457.40 TBD

04/19/2318

Joint Area Meetings more expensive due to much higher attendance and longer meetings (e.g., NWxNE 1.5 days)Remaining 2015 Area Budget: $50,628.64 ($77K)

CONFERENCES

04/19/2319

Global Humanitarian Technology Conference (GHTC)

2011(Seattle)

2012(Seattle)

2013(San Jose)

2014(San Jose)

2015(Seattle)

Seed Money -$10,000.00 -$10,000.00 -$10,000.00 -$10,000.00 -$10,000.00

Disbursement $2,947.00 $53,301.04 $32,378.01 $24,300.00 TBD

Additional - -$125,369.17 - - -

Net Total -$7,053.00 -$82,068.13 $22,378.01 $14,300.00 TBD

04/19/2320

2012 lessons learned applied in 2013

Sustainable Technologies Conference (SusTech)

2013(Portland)

2014(Portland)

2015(Ogden)

Seed Money $0.00 -$2,250.00 -$2,500.00

Disbursement $0.00 $7,250.00 TBD

Additional - - -

Net Total $0.00 $5,000.00 TBD

04/19/2321

2013: Held in conjunction with IEEE-USA Annual Meeting (no R6 ownership)2014: Held ExCom in Portland to cover attendee room shortfall2015: Expect return of seed money+

Virtual Career & Talent Expo (CTE)

2015(Virtual)

Virtual Conference Expense

-$16,110.00

Sponsors $17,470.50

Additional -

Net Total $1,360.50

04/19/2322

2015: Planned for one month (June), now on-going; designed not to lose money per agreement with INXPO

Rising Stars Conference (RSC)

2015(Las Vegas)

2016(Las Vegas)

Meetings & Ops -$27,701.76 -$5,196.98

Travel -$7,552.23 TBD

Planning Meeting -$1,864.26 -$7,072.80

Registration $18,900.93 TBD

Sponsors $0.00 $1,500.00

Net Total -$18,217.32 TBD

04/19/2323

2015: Late start, leftover PACE used to match Section attendee, speakers mostly paid by company/self, 1st use of Camtasia and live streaming of main stage2016: Strong speakers list and sponsor contacts

What else?

Phoenix Section still owes $400 for 4 Mic Sets (3/26)Recurring $30 PayPal monthly for Business account – need to take advantage and incorporate premium featuresTravel wise but safe

04/19/2324

Thank you!

04/19/2325

Contact me if you have questions

tamashiro@ieee.org