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Treasurer's Report
Alec Motten
Year End Financial Summary as presented to the ABLE membership at the annual business meeting on June 13, 2002 during the ABLE Conference/Workshop at Louisiana State University in Baton Rouge. A mid-year financial report, reflecting the favorable additions to the balance sheet following the conference at LSU and the University of Chicago in 2001, will be included in the spring edition of Labstracts.
ABLE Financial Statement: June 1, 2001-May 31, 2002
| Checking account* balance, June 1, 2001 | $19,357.75 |
|
Credits/income |
$16,977.43 |
|
CDs
redeemed into checking account |
$ 5,000.00 |
|
Debits/Expenditures |
$19,593.43 |
| Checking account* balance, May 31, 2002 | $21,741.75 |
* BB&T, Branch Banking and Trust, Durham, NC
| June 1, 2001 | May 31, 2002 | |
| Certificates of deposit | $26,498.13 | $21,741.75 |
| Total assets | $45,855.88 | $44,115.62 |
| Certificates of Deposit (BB&T), May 31, 2002 | |||
| Number | Interest Rate (%) | Maturity Date | Amount |
| 5811675662 | 2.13 | 07/30/03 | $ 2,121.31 |
| 5811675239 | 2.13 | 06/20/03 | $ 5,236.32 |
| 5813766215 | 3.59 | 06/09/02 | $ 2,567.16 |
| 5813523010 | 3.34 | 06/04/02 | $ 5,179.95 |
| 5811961762 | 4.97 | 07/30/02 | $ 2,066.72 |
| 5811675220 | 3.78 | 08/20/02 | $ 5,147.82 |
Prepared May 31,
2002
Alexander F. Motten, Treasurer,
ABLE
Department of Biology
Box 90338
Duke University
Durham, NC 27708-0338
© 2002 ABLE. All rights reserved.