Debra O’Connell, PhD.
2024 Proposed Budget for Presentation at the Mid-Winter Meeting Debra O’Connell, PhD. I am happy to report that our division continues to be in a solid financial position. 2023 Budget and Approved 2024 Budget From Mid-Winter Meeting
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2023 Budget and Approved 2024 Budget From Mid-Winter Meeting
| SUMMARY | 2023 Budget | 2023 Actual Through Dec. 31 | 2024 Budget |
| Total income/Funds | $ 183,551.94 | $ 203,863.75 | $ 194,675.76 |
| Total expenses | $ 74,390.00 | $ 66,410.42 | $ 109,295.00 |
| Income less expenses: | $ 109,161.94 | $ 137,453.33 | $ 85,380.76 |
| INCOME DETAILS | 2023 Budget | 2023 Actual Through Dec. 31 | 2024 Budget |
| Journal Royalties | $ 40,000.00 | $ 57,457.85 | $ 50,000.00 |
| Dues | $ 1,700.00 | $ 1,949.50 | $ 1,700.00 |
| Interest | $ 50.00 | $ 441.06 | $ 50.00 |
| Contributions | $ – | $ – | $ – |
| CE Royalties | $ – | $ – | $ – |
| Checking Account Balance | $ 141,801.94 | $ 142,925.76 | $ 142,925.76 |
| Merrill Lynch MM account | $ 1,089.58 | $ 1,089.58 | |
| Income: | $ 183,551.94 | $ 203,863.75 | $ 194,675.76 |
| EXPENSE DETAILS | 2023 Budget | 2023 Actual Through Dec. 31 | 2024 Budget |
| Midwinter Meeting | $ 13,000.00 | $ 12,857.21 | $ 13,000.00 |
| Publications | |||
| Newsletter Editor Stipend | $ 2,000.00 | $ 2,000.00 | $ 2,000.00 |
| Newsletter Publishing/Website Build | $ 1,400.00 | $ 4,260.00 | $ 1,400.00 |
| Newsletter Website Maintenance | $ 600.00 | $ 600.00 | |
| Associate Editor Stipends | $ 4,000.00 | $ 4,000.00 | $ 5,000.00 |
| Journal Fellowship Stipend | $ 1,000.00 | $ 1,000.00 | $ 1,000.00 |
| One time honorarium for George | $ 2,050.00 | $ 2,000.00 | $ – |
| Journal Editor additional payment to increase fee per new contract | $ 4,500.00 | ||
| Awards & Grants | |||
| Donation to APF | $ 1,000.00 | $ 1,000.00 | $ 1,000.00 |
| One time donation to APF | $ 5,000.00 | $ 5,000.00 | $ – |
| Student Posters | $ 600.00 | $ 400.00 | $ 600.00 |
| Student Diversity Posters | $ 600.00 | $ 400.00 | $ 600.00 |
| Student Diversity Award | $ 500.00 | $ 500.00 | $ 500.00 |
| Student Travel Awards | $ 4,000.00 | $ 2,000.00 | $ 4,000.00 |
| Journal MVP Award | $ 500.00 | $ 500.00 | $ 500.00 |
| Awards & Plaques | $ 1,000.00 | $ 802.59 | $ 1,000.00 |
| Convention | |||
| Suite and Executive Meeting | $ 4,000.00 | $ 2,715.13 | $ 4,000.00 |
| Social | $ 7,500.00 | $ 9,672.43 | $ 7,500.00 |
| Promotional | $ 1,000.00 | $ 373.31 | $ 1,000.00 |
| Program Chair | $ 2,000.00 | ||
| Program Chair Designate | $ 2,000.00 | ||
| Committees | |||
| ECP | $ 500.00 | $ 500.00 | |
| Membership | $ 500.00 | $ – | $ 500.00 |
| Student Committee | $ 500.00 | $ – | $ 500.00 |
| Specialty Task Force | $ 2,500.00 | $ – | $ – |
| Diversity…. | $ 2,000.00 | $ – | $ 2,000.00 |
| Liasions/External Committees | |||
| COS Dues | $ 550.00 | $ 350.00 | $ – |
| COS Attendance | $ – | $ 1,030.06 | $ – |
| CAPP/FAC Attendance | $ – | $ – | $ – |
| Social Media | $ – | $ – | $ – |
| Marketing | $ 100.00 | $ – | $ 100.00 |
| APA Administrative Services | $ 2,740.00 | ||
| APA Member Services | $ 800.00 | $ 800.00 | |
| CESA App Fees | $ 260.00 | $ 630.00 | $ 260.00 |
| Miscellaneous/Other | $ 113.02 | $ 120.00 | |
| Miscellaneous | $ 190.00 | $ 190.00 | |
| Special Projects | |||
| Webmaster Fee for EBP | $ 1,800.00 | $ 700.00 | $ 1,800.00 |
| Institute funding for mentee and mentor funding | $ 10,000.00 | $ 5,981.67 | $ 10,000.00 |
| CE presenter honorarium | $ 3,000.00 | $ 3,000.00 | |
| Management Company Fee | $ 30,000.00 | ||
| Our Contribution to Group Council | $ 7,325.00 | $ 7,325.00 | |
| Expenses: | $ 74,390.00 | $ 66,410.42 | $ 109,295.00 |
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