ECAR_ECRIS 2009 BUDGET

ECAR/ECRIS 2009 Budget

   

2008 Budget

6 months ending 6/30/08

 2009 Budget

2009 Comment

 

Income

       

1

ECAR Dues

$263,375.00

 $  291,188.19

 $   253,330.00

1,100 members, $20 increase

2

ECAR Dues – New Members

$10,750.00

 $    12,362.47

 $     11,750.00

100

3

ECAR Affiliate Dues

$12,075.00

 $    12,731.25

 $     14,352.00

70 + 10 new $20 increase

4

Initiation – Agents

$20,000.00

 $    10,600.00

 $     20,000.00

100

5

Initiation – Agencies

$2,500.00

 $     1,750.00

 $       2,500.00

10

6

CID Administration

$10,000.00

$5,000.00

 $     10,000.00

 

7

Membership Meetings

$32,925.00

 $    32,569.00

 $     22,855.00

90 x 8 meetings x $9 + 125 x 1 meetings X $35, $3,000 for install sponsors, $9,000 of regular sponsors

8

Interest

$32,000.00

 $    29,889.33

 $     55,422.50

interest from all accts

9

Interest

$12,000.00

 $     3,655.90

 $      7,264.38

 

10

Fines

$9,000.00

 $    11,200.00

 $     10,000.00

late dues & Pro Stds ($9,900 in 07)

11

Miscellaneous

$500.00

 $        504.75

 $          500.00

 

12

Miscellaneous

$500.00

 $     2,066.68

 $         500.00

 

13

Education/Seminars

$101,000.00

 $    80,160.96

 $     79,500.00

based on 2007 (non-ce year)

14

Prelicense School

$22,050.00

 $    15,430.00

 $     17,640.00

12 students, 3 classes/yr. (reduced from 20 students)

15

Service Center fees

$81,000.00

 $   43,835.00

 $     75,000.00

$5 x 1,350 (1,100+100 SC) x 12 months +100 for 6 mo. (1,413 for July, 2008)

16

Lockbox income

$93,744.00

 $   69,275.57

 $     86,544.00

600 DisplayKeys, 4 eKeys, no lockbox income included

17

Product Sales

$2,700.00

 $        877.08

 $      2,000.00

maps, lead pamphlets, postage and handling

18

Foreign Listing Input (RI)

$700.00

 $        340.00

 $         700.00

 

19

MLS Training

$0.00

 $        100.00

 $         200.00

 

20

Home Review

$198,900.00

 $   88,211.93

 $   179,075.00

based on 76 pages, increase in page costs

21

Sale of Forms

$12,525.00

 $     3,190.15

 $      6,000.00

forms @ $0.25/page (based on usage from 8/1/07 – 7/31/08 to 6/30)

22

Web Site Income

$8,000.00

 $     3,150.00

 $      8,000.00

 

24

Total Income

$926,244.00

 $  718,088.26

 $   863,132.88

 
           
 

Operational Costs

       

25

Salaries, Benefits & Training

$334,928.21

 $  167,783.03

 $   343,184.80

 

26

Shared Govt. Affairs Director

$16,800.00

 $     8,403.29

 $     15,000.00

 

27

Accounting

$5,400.00

 $     3,871.65

 $       3,000.00

Legge, Monroe  & Paychex

28

Equipment Lease/Maint/Support

$29,609.36

 $    13,030.99

 $     29,112.00

Postage Machine,  computer service, AMME support,network copier, risograph

29

Postage & Delivery

$16,000.00

 $     6,811.49

 $     14,000.00

6% rate increase in 5/07

30

Subscriptions & Dues

$3,200.00

 $     2,593.12

 $       5,000.00

Newspaper, Chambers, ASAE, Rotary, Credit Bureau, SurveyMonkey

31

Tech Hotline

$7,000.00

 $     6,500.00

 $                  

cut due to lack of use

32

Supplies

$13,300.00

 $     9,546.38

 $     15,000.00

based on 2008

33

Supplies

$4,800.00

 

 $      3,164.00

NCR paper =  28,000 @ $113/K

34

Product Sales

$2,700.00

 $        906.31

 $      2,000.00

 

35

Telephone

$5,500.00

 $     3,263.15

 $       5,500.00

SNET ($528/yr for VM)

36

Insurance- WC

$1,157.00

 $        912.26

 $       1,116.00

current rate + 10%

37

Service Charges

$9,000.00

 $     4,959.54

 $       8,000.00

stop payments, Chelsea Groton, AG Edwards, NAR Ecommerce, credit card fees

38

Service Charges

$5,000.00

 $     1,173.51

 $      2,000.00

 

39

Rent

$27,342.00

 $    14,097.06

 $     29,603.83

lease renews 10/1/08 – 5% increase

40

Insurance- Liability, bond,& contents

$1,700.00

 $     1,846.97

 $       2,145.00

current business owner’s+bond+Laurel Realty share

41

Property Taxes

$2,600.00

 $     1,856.14

 $       2,800.00

PP $866 + RE $1465 plus 7%

42

Maintenance

$4,450.00

 $     1,926.82

 $       4,450.00

cleaning ($2500), waste ($850), security system ($500) +$600 repairs

43

Electricity

$5,500.00

 $     3,123.95

 $       6,000.00

 

44

Conventions & Travel

$29,400.00

 $    13,732.38

 $     31,700.00

 

45

Web Site Expense

$11,300.00

 $     5,801.14

 $     11,300.00

1 T-1 @$525/mo + $5,000 for server monitoring & updating by Gillespie Mgmt.

47

Omniform license

$4,000.00

 $                

 $      4,000.00

 

48

Operational Cost Total

$540,686.57

 $  272,139.18

 $   538,075.62

 
           
 

General & Administrative

       

49

Gates Scholarship Fund

$1,000.00

 $     1,000.00

 $       1,000.00

$1,000 donation to Gates by ECAR

50

CID Dues

$900.00

 $                 

 $                  

 

51

Education – Room Rentals

$25,000.00

 $    21,320.36

 $     28,000.00

based on 2007

52

Education – Instructors

$32,000.00

 $    24,844.54

 $     42,000.00

based on 2007

53

Prelicense School

$20,250.00

 $    16,154.77

 $     17,292.00

12 students, 3 classes/yr.

54

Membership Meetings

$32,925.00

 $    26,465.96

 $     22,855.00

equal to income

55

REALTOR® of the Year

$300.00

 $        165.09

 $          300.00

 

56

Hospitality

$1,000.00

 $        460.00

 $       1,000.00

 

57

Legal

$2,000.00

 $                 

 $          500.00

 

58

Legal & Accounting

$2,000.00

 $     1,325.00

 $         500.00

 

59

Miscellaneous

$500.00

 $     8,128.08

 $          500.00

 

60

Miscellaneous

$500.00

 $                

 $                  

 

61

Leadership Training

$2,000.00

 $        698.13

 $       2,000.00

 

62

Committee Expense

       

63

     Affiliate Committee

$100.00

 $    (1,341.85)

 $          100.00

 

64

     Community Relations

$1,000.00

 $     1,000.00

 $       1,000.00

 

65

     Education

$100.00

 $                 

 $          100.00

 

66

     Facilities Planning Task Force

$100.00

 $                 

 $          100.00

 

67

     Finance

$100.00

 $                 

 $          100.00

 

68

     Forms

$100.00

 $                 

 $          100.00

see ECRIS budget

69

     Grievance

$250.00

 $                 

 $          250.00

 

70

     Housing Opportunity

$500.00

 $        500.00

 $     10,500.00

 

71

     International

$5,950.00

 $     1,180.50

 $       5,950.00

plus travel to NAR  annual conference

72

     Member Services

$20,000.00

 $     8,524.21

 $     20,000.00

 

73

     Nominating

$100.00

 $                 

 $          100.00

 

74

     Political Action

$5,000.00

 $     3,775.77

 $       5,150.00

 

75

     Professional Standards

$1,000.00

 $     1,011.78

 $       1,000.00

 

76

     Strategic Planning

$4,200.00

 $                 

 $       1,000.00

 

77

     Technology & MLS

$100.00

 $                 

 $          100.00

 

78

Gen & Admin Expense Total

$158,975.00

 $  115,212.34

 $   161,497.00

 
           

79

Lockbox System Expense

$102,600.00

 $   44,751.64

 $     67,752.00

$9.41 x 600, no box expense included

           
 

Home Review Expenses

       

80

Salaries

$51,355.89

 $   23,196.29

 $     53,816.98

 

81

Printing

$85,540.00

 $   49,482.98

 $     90,714.00

 

82

Delivery

$27,270.00

 $   10,597.25

 $     29,980.00

 

83

Supplies

$400.00

 $                

 $         200.00

 

84

Promotion

 $                  

 

 $                  

 

85

Home Review Expenses Total

$164,565.89

 $   83,276.52

 $   174,710.98

 
           

86

Total Expense

 $  966,827.46

 $  515,379.68

 $   942,035.61

 
           

87

Profit (Loss)

 $   (40,583.46)

 $  202,708.58

 $    (78,902.73)

 

88

Capital Expenditures

   

 $       6,000.00