NNA Treasurer's report.(NNA State Activities)

It is, of course with mixed feelings that I provide my last report as Treasurer. I have both pride in the organization and the Board of Directors for the accomplishments that we have made over the past four years and disappointment that we were not able to do more.

However, I leave a much healthier organization, at least financially. Our current assets are $67,456.03. Last year's ending asset balance was $60,075.80, showing an increase despite only eight months of income and expenses. This is from a dismal low at the end of 2004. This year and last, we have contributed to our reserves instead of depleting them, albeit slowly.

Major income sources continue to be membership dues ($18,841 YTD), credit card royalties ($4,691 YTD), and continuing education fees ($3,296 YTD). We have also received income in past years for our annual convention (2006-$30,000, 2007-$3,337.75), but such will not be the case in 2008, due to the cancellation of UNLV's Multicultural Nursing event.

Our major expenses are Professional Services, which replace employees and manage the organization. They are: Betty Razor, Communications Director, Barbara Wardwell, our accountant and financial manager, and Neena Laxalt, Lobbyist. The total for this is $9,130 year to date.

Membership continues to be flat and income from membership will be less this year due to the increase of ANA dues. While keeping NNA dues flat, less of your membership dues are returned to NNA; the trend is down. Contributions, particularly from Arthur Davis, have made a difference periodically, but cannot be depended on. Income development is desperately needed. Miscellaneous expenses include: Moving, newsletter, printing, post office box rental, stamps, insurance, dues, bank charges, storage, presidential, taxes, and licenses.

Karen Fonatine CMSRN, MSN

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