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Board of Directors Report

Chief Financial Officer

November 17, 2006
Palm Springs, CA

Chair: Melissa Padilla, CFO

Charge: To supervise and control the keeping of adequate and correct accounts of the corporation’s properties and transactions, including accounts of its assets, liabilities, receipts, disbursements, gains, losses, and capital.

Update:

  1. Checking Account has been reconciled with bank statements through May, 2006.   
  2. Met with Joy in Pasadena in September to finish 2004 taxes. They were mailed out the first week of October.
  3. Almost finished with 2005 taxes. I anticipate completing them and mailing them out first week of December.
  4. While in Pasadena, Joy passed on all previous years’ documents and binders. They were boxed by year, and marked with a shred date of 7 years from the end of that fiscal year. They are now stored in my office at CSU Monterey Bay.
  5. Continuing to update membership as it comes in. I’ve had a few requests from specific presidents for a list of members from their chapter. Cvent allows me to export reports for that information.
  6. Treasurer in Arizona has changed. Helped Mary get started on Quickbooks online.
  7. Working with Eric Chavez to try to import list of current members into the mywestop.org webpage.

Pending Action:
                        Finish taxes for 2005 year.

Balances:
Checking Account=$38,570(11/16/06)
Maximizer Account=$90,393 (11/16/06)

Respectively Submitted by: Melissa Padilla

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