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Budget and Finance Committee AgendaFebruary 18, 2015, Start Time: 6:00PM,A.Call to Order – RoseAnn Dominguez - 6:00PMB.Roll Call – 6:00PM quorum determined - (Karen Summers)C.Announcements:1. Welcome to the February Budget & Finance Meeting.2. Trustee Audit Schedule: Volunteers from the Budget and Finance Committee areneeded to help with the quarterly Trustee Audits – contact Ming if you can do thenext one.D.Review & Approve Minutes:Minutes from the Budget & Finance Committee Meeting – January 21, 2015 - (pages –3-4)E.Budget and Finance Report: RoseAnn DominguezItem 1 – Consent Agenda Approval of the Financials for:December 2014 - (pages – 5-6) 2015 Approved General Fund and Organizing Budgets - (page – 7-12) 2014 Approved General Fund Budget - (page – 13-16) Bank Balances for December - (DOCUMENT 1) - (page – 17-18) Income Statement - (DOCUMENT 2) - (pages – 19-22) Organizing Income Statement - (DOCUMENT 3) - (pages – 23-24) Dues Receipts - (DOCUMENT 4) - (pages – 25-28) Per Capita Report - (DOCUMENT 5) - (pages – 29-34) 2014 12 months by Region - (DOCUMENT 6) - (pages – 35-35) 2014 12 months by Region by Per Capita - (DOCUMENT 7) - (pages – 37-38)1.F.New Business1. Item 2 – Technology Requests for General Fund staff and campaignsapproximately 10,200 and Organizing staff approximately 2,000 - (pages –39-40)2.G.Unfinished BusinessDiscussion on Timeliness of Financials to the Budget & Finance Committee1.H.I.Informational Items1. NoneNext Meetings:Next meeting is scheduled for Wednesday, March 18, 2015 – food at 5:30pm;meeting 6:00pm via Video-Conference or Tele-Conference.1.J.AdjournLB: Kns SEIU521/CTW-CLC1 of 40
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Minutes of the Budget and Finance Committee MeetingJanuary 21, 2015 from 6:00pm – 6:26pmA. The January 2015 Meeting of the Budget and Finance Committee was called to order by theTreasurer, RoseAnn Dominguez at 6:00pm with a Happy New Year and a welcome to thenew delegates; a quorum was present.B. ROLL CALL – Members in attendance either in offices, videoconference, or byteleconference:BUDGET & FINANCE Committee Members:Present – Roseann DominguezLocal TreasurerExcused – Luisa BlueChief Elected OfficerVacant –Region 1Vacant –Region 1Present – Luis AguilarRegion 2Vacant –Region 2Present – Adam GintzRegion 3Vacant –Region 3Present – Via Cooper-WhighamRegion 4Present – Alysia BonnerRegion 4Present – Rudy PlazaRegion 5Present – Sonja BennettRegion 5Present – Dolly ClementeRegion 6Absent – Huong ChungRegion dPhoneEXECUTIVE BOARD MEMBERS, OFFICERS and TRUSTEES:OTHER SEIU LOCAL 521 MEMBERS:SEIU STAFF:Cheryl HaoleKaren SummersPamela RodgersSan JoseSan JoseSan JoseOTHER ATTENDEES: NoneC. ANNOUNCEMENTS –1. Adam Gintz announced that Golden Valley management is voting in OaklandWednesday for recognition and then coming to San Jose.2. Roseann Dominguez – Luisa is in Puerto Rico, Ming is on vacation and Cheryl isstepping in for her.D. BUDGET & FINANCE MEETING MINUTES of the November 19, 2014:The Minutes were reviewed and APPROVED as Presented.E. Item 1: Consent Agenda Approval of the Financial Statements for October andNovember 2014: 2014 Approved General Fund Budget Bank Balances Income Statement Organizing Income Statement Dues Receipts Per Capita ReportMotion: To approve/confirm as presented all reports on the Consent agendaMoved; seconded; carried as presented.3 of 40
There was significant discussion about the financials not being current enough (e.g. theywould like to see the December financials in January rather than February), and the Budgetand Finance Committee asked that this discussion be agenized for next month’s meetingwhen Ming is back from vacation.F. NEW BUSINESSItem 2: SEIU Nurse Alliance 2015 Legislative Conference in Sacramento May 5 & 6,2015Motion: To authorize up to 8 nurses (no more than 5 nurses per region, and nursesattending to be distributed as evenly as possible among the 5 regions) to attend the 2015SEIU Nurse Alliance Annual Legislative Conference in Sacramento on May 5 & 6, 2015 forup to 4,000 from the appropriate line item – Industries & Members Conferences.Moved, seconded; carried as presented.G. UNFINISHED BUSINESSItem 3: Budget and Finance Receipt and Approval of the SEJ Committee andCaucuses BudgetsMotion: To acknowledge receipt and approval by the Budget and Finance Committee of theSEJ Committee and Caucuses budgets so that expenditures made from allocated budgets’funds can be paid in accordance with procedure.Moved; seconded; carried as presented.H. Informational Items - None.I.Next Meeting: Wednesday, February 18, 2015 – food at 5:30pm; meeting 6:00pm via VideoConference or Tele-Conference.J. Adjourn: meeting was adjourned at 6:26pm.ML:kns SEIU 521 CTW/CLC4 of 40
SEIU Local 521 Budget and Finance Committee MotionItem Number: 01Date: February 18, 2015Motion Title: Consent Agenda for Financial StatementsRecommended By:RoseAnn Dominguez, SEIU Local 521 TreasurerThe Following Reports have been placed on the CONSENT AGENDA forapproval/confirmation without discussion. If you wish discussion, pull the report from theCONSENT AGENDA:NO Motion is required to remove a report from the Report Consent Agenda.December 2014 FinancialsBank Balances – Document 1 - (pages 13-14)Income Statement – Document 2 - (pages 15-18)Organizing Income Statement – Document 3 - (pages 19-20)Dues Receipts – Document 4 - (pages 21-24)Per Capita Report – Document 5 - (pages 25-30)*Motion: To approve/confirm as presented ALL Reports on the Consent AgendaEXCEPT those pulled and listed below which will be held for discussion:Follow Up:Moved by: Second :Amendment:Amended By:Votes in Favor: Votes Opposed: Abstentions:Motion: Carries Fails: Tabled Until: Date:SignaturesLB:kns SEIU 521 CTW/CLC5 of 40
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APPROVEDSEIU Local 521 - 2015 General Fund 545556575860626364651 of 4Bversion 1.1PWX2014 - 12 monthsBudget 2.230,439,6002015 - 12 monthsBudget 1.130,878,626NOTESHeadcount TOTAL DUES RECEIPTS52,941 OTHER INCOMEInterest & Dividends3,600SMIHSS Administrative ReimbursementSublease Rent67,000BMisc. Income - SEIU Int'l subsidyAMisc. items spend from saving accountsTotal Misc. Income70,600TOTAL GENERAL FUND INCOME30,510,200GENERAL FUND EXPENSESORGANIZING OFFSET4,025,172SALARIES5 Administrative479,4806 Admin Support459,14314 Directors1,234,80260 Internal Organizers/Research,CED,CESA,Pol4,363,18420 Clerical1,090,4192 Facilities97,0576 Data Base301,619ASpecial project - pay by other fundingTemp. Internal Organizers/Research75,000Temp. Clerical/Support20,000Vacation Liability Cash Out400,000Total Salaries8,520,705113 PAYROLL RELATED EXPENSESPension1,444,627Payroll Taxes Expenses963,085Consultant - Trainer, NEG30,000Travel Staff-Admin50,000Travel Staff- Internal Organizers120,000Mileage/Ins. Reimb.-Admin & Director13,656Mileage/Ins. Reimb.-Internal Organizers135,641Telephone Reimbursement90,00013 Retiree Health Exp108,930Retire Benefit Trust Fund123,110,943Benefits(Health, Dental, Vision,life,401K,Flex Plan matching)Workers Comp Insurance280,900Recruiting exp8,000Total Payroll Related Expenses6,355,792Total Salaries & Payroll Expenses14,876,497MISCELLANEOUSAgency Fee/Assoc. Exp.504,000Capital Fund Expense12,000Admin exp share w. chapter12,0004,000Free Life insurance to members (SCR, MRY & BFL)Retired Chapter Fund ReimbursementDodge Scholarship15,000Computer Database UnionWare82,175Accounting Software Gp12,000MRC - IHSS - 4 months onlyTotal Miscellaneous641,175AARBITRATIONS & LEGALArbitrations Fees & legal fees - representation150,000Retainer258,00081,57552,941 Automatic Legal Defense Fund ( 0.12 per member per month)Total Arbitrations & 3,775328,091all positions filledall positions filledall positions filledall positions filledall positions filledall positions filledall positions filled75,00020,000119,756 cash out only8,291,6851,615,386 increase to 20% for 2015969,23244,761189,440 membership drive5,549163,257 membership drive77,057112,658123,125,759 health benefit at new rate ,0004,66514,46515,00073,84112,000same as 2014same as 2014same as 2014same as 2014same as 2014863,972191,814 increase258,000 same as 201476,235 same rate as 2014526,0497 of 40N:\Finance\Budgets\2015\2015budget1.1 GF1.1 111814 1/26/2015 7:45 AM
APPROVEDSEIU Local 521 - 2015 General Fund BudgetA1 version 125126BP2014 - 12 monthsBudget 2.2Rent-SJC450,000Rent-RWC58,00047,000Rent-Santa Cruz, Watsonville & Hollister & parkingRent-Visalia & Hanford20,400Utilities165,000Kitchen Sundries50,000Gen. Liab. Ins. & Property Tax170,000Building Maintenance/Security/Janitorial180,000Total Admin - Facilities1,140,400WX2015 - 12 monthsBudget ,5711,138,309NOTESnew lease at RWCincreasesamesameincrease HVAC & building maint.ADMINISTRATIVE - OFFICESAudit/Acct. FeesSubscriptionsOffice SundriesOffice Equipment LeasesEquipment Maintenance & Repair ContractsContributionsResearch Material & DataMiscellaneous, off set by ORGTotal Admin - ation/communicationTelephone & Internet & Tele conferencePostageProfessional Fees/TranslationsTotal 358,47328,72931,10820,284217,180112,381 rate increse in 0011,000CONFERENCES/MILEAGEStaff-Misc. Conf/SeminarExec. Board-Conferences & TrainingMisc. Members-ReimbursedTotal Conferences/Mileage3,50030,00033,500STAFF MEETING & TRAININGStaff / Director TrainingStaff - representation & political & communicationClerical StaffExecutive StaffTuition Reim.-Internal OrganizersTuition Reim.-OPEIUTotal Staff ION & TRAININGSteward & Chief Steward & Leader TrainingExecutive BoardEducation & Training Committee Meeting & MaterialsIndustry Training EventsTotal Education & Training4,0005003,50030,00033,50032,31967,232 qtrly staff 5005,0009,500POLITICAL/SOCIAL INVOLVEMENT123,657Candidates, Issues, IE Account ( 0.25 per member per month)Legal & Accounting40,000Committee Meetings10,922Conferences1,000Electoral Staff/ Activity1,000Polls & Surveys1,000129,91540,00014,9511,9931,0001,0008 of 402 of 4N:\Finance\Budgets\2015\2015budget1.1 GF1.1 111814 1/26/2015 7:45 AM
APPROVEDSEIU Local 521 - 2015 General Fund BudgetA1 version ,941175176177178179180181182183184185186BSpecial PrintingTotal Political/Social InvolvementPWX2014 - 12 monthsBudget 2.2100177,8792015 - 12 monthsBudget 1.11,000189,859NOTESSOCIAL & ECONOMIC JUSTICECommittee MeetingsConferencesContributions/SolidarityCaucus ActivitiesTotal Social & Economic Justice5,0003504,53080,67090,550MEMBER INVOLVEMENTMemorabilia/Give away Member PrideAwards/RecognitionEx Board ReimbursementRally Rental & BusMember Reimbursement/Lost timeTransportation & Vehicle ExpensesTotal Member 30,000 same as 20141,0002,00040,000 IHSS, Kern & SCCO NEG Rally5,00022,081 membership drive100,08150,00050,00040,00012140,01250,000 SCCO printed contract80,000 IHSS State wide, Kern & SCCO60,000 IHSS State wide, Kern & 00213,1533,0771,00015,000 2015 INTL St Louis Convt.-10p100,000 officers election10,000142,231REPRESENTATIVE DUESSEIU 7.65 eaSEIU Unity Fund 5.00eaSEIU Retirees & ChildCare 1.00eaSEIU/ State Council- 2.53eaNurse Alliance 1.45eaSo Bay CLC Jun/11 0.63,Jul/12 0.65SMCO CLC 0.60eaFresno CLC 0.45eaBakersfield CLC 0.50ea, est. increaseMonterey & Santa Cruz LC 0.55eaNorth Valley CLCCA Labor Fed 25% X .70ea, pd old rate 0.47Building Trades-SMCOTotal Representative 31,21249,93841,3031,32014,9293,6009,879,820TOTAL EXPENSES33,005,16833,199,825TOTAL INCOME LESS TOTAL EXPENSES(2,494,968)(2,244,426)NEGOTIATIONSPrinting Contracts - outside vendorMeetings & SuppliesStrike PreparationsAutomatic Strike Fund Transfer - reduction to 1/monTotal NegotiationsMEETINGS & EVENTSExecutive Board MeetingsSteward/Council meetings521 Party & other events2014-521 Convention/2015 INTL St. LouisOfficer Election-2015Industries & Members conferenceMiscellaneousTotal Meetings & EventsVOLUNTARY TRANSFERSBuilding FundsStrike FundTotal Transfers48,00048,0005,0003504,53080,67090,550 remain the same as 2014no changeno changeno changeno changeno changeno changeno changeno changeno changeno changeno changeno changeno change48,00048,0009 of 403 of 4N:\Finance\Budgets\2015\2015budget1.1 GF1.1 111814 1/26/2015 7:45 AM
APPROVEDSEIU Local 521 - 2015 General Fund BudgetA1 version 1.12187BPWX2014 - 12 monthsBudget 2.22015 - 12 monthsBudget 1.1NOTESTOTAL INCOME LESS EXPENSES & TRANSFERS(2,542,968)(2,292,426)10 of 404 of 4N:\Finance\Budgets\2015\2015budget1.1 GF1.1 111814 1/26/2015 7:45 AM
SEIU Local 521 - External Org. Budget for year 2015Version 1.1Year 2015APPROVEDNOTES12 months BudgetBudget from SEIU Local 5214,199,761ExpensesLegal - Organizi28,200Arbitration - OrganizingLost Time - Organizing / Wavers29,072Salaries - Organizing (23 2)1,819,356 all position filledWorkers Comp. Ins. - Org63,677 all position filledPayroll Tax Exp - Organ.218,323 all position filled401K Matchering54,581 3% matching for 12 monthsEMPLOYEE BENEFITS - Organizing827,943 employer pay 100%Pension Plan Exp - Organi.363,871 20% for 12 monthsStaff Recruiting Exp-Org.10,000Vacation Liability Cash Out - Org34,988 all position filled 1/2 pay periodTraining Exp - Org.1,379Mileage reimb exp - Organizing12,473Vehicle Expenses33,523RENT EXPENSES - OrganizingTelephone Expenses - Organizing10,001Utilities ExpensesOffice Supplies & Other Allocation - Organiz4,280Printing Expenses - Organizing1,211Postage Expenses - OrganizingPT OrganizingCommunication Cost ExpensesReferral lead/DATA - OrganizingProfessional Fee Expenses1,043Translation Expenses - OrganEquipment Leasing Exp - OrganiEquip. Maint. & Repair -OrganiBuilding Maint. & Repair -OrganiComputer Database ServicesSubscriptions - Organizing180Travel Expenses - ORGANIZING231,291Conference - OrganizingRally / Bus Rental-Organizing133Memorabilia / Give Away-Org4,116Meeting - Organizing10,909Donation - Organizing1,600SEIU Int'l share cost507,324Total ExpensesNet Income4,269,473(69,711)11 of 40N:\Finance\Budgets\2015\2015budget1.1 ExtOrg1.1 1/26/2015 7:46 AM
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DRAFTA1 version 2.223 9220521A2223242526113272829303132333435123637SEIU Local 521 - General Fund Budget for year 2014Version 2.2BP3839404142Total Salaries & Payroll Expenses43MISCELLANEOUSAgency Fee/Assoc. Exp.Capital Fund ExpenseAdmin exp share w. chapterFree Life insurance to members (SCR, MRY & BFL)Dodge ScholarshipComputer Database UnionWareAccounting Software GpTotal Miscellaneous1 of 4QNotes2014 - 12 monthsBudget 2.230,439,600 additional dues from SCCO and othersTOTAL DUES RECEIPTSOTHER INCOMEInterest & DividendsSMIHSS Administrative ReimbursementSublease RentMisc. Income - SEIU Int'l subsidyMisc. items spend from saving accountsTotal Misc. IncomeTOTAL GENERAL FUND INCOMEGENERAL FUND EXPENSESORGANIZING OFFSETSALARIESAdministrativeAdmin SupportDirectorsInternal Data BaseSpecial project - pay by other fundingTemp. Internal Organizers/ResearchTemp. Clerical/SupportVacation Liability Cash OutTotal SalariesPAYROLL RELATED EXPENSESPensionPayroll Taxes ExpensesConsultant - Trainer, NEGTravel Staff-AdminTravel Staff- Internal OrganizersMileage/Ins. Reimb.-Admin & DirectorMileage/Ins. Reimb.-Internal OrganizersTelephone ReimbursementRetiree Health ExpRetire Benefit Trust FundBenefits(Health, Dental,Vision,life,401K,Flex Plan matching)Workers Comp InsuranceRecruiting expTotal Payroll Related Expenses4445464749505355Confidential3,600stop admin. SM-IHSS benefit ,234,802 UNREP with 2.5% increase4,363,184 CWA with 2.5% increase1,090,41997,057301,61975,00020,000400,000 cash out ,656135,64190,000108,93012increase to 2014 at 18%more travel"no auto insurance reimb.no auto insurance reimb.3,110,943 health benefit at new rate for 2014280,900 remain the same rate as 20138,0006,355,79214,876,497504,000 remain the same as 201312,000 same as 201312,0004,00015,000 same as 201382,17512,000641,17513 of 40S:\Finance\Budgets\2014\2014budget2.2 2014Bdg2.2112013 11/21/2013 12:02 PM
DRAFTA1 version 11021031041051061071082 of 4SEIU Local 521 - General Fund Budget for year 2014Version 2.2BConfidentialPQ2014 - 12 monthsBudget 2.2NotesARBITRATIONS & LEGAL150,000 increase expensesArbitrations Fees & legal fees - representationArbitrations Fees & legal feesRetainer258,000 remain the same as 201381,575Automatic Legal Defense Fund ( 0.12 per member per month)Total Arbitrations & 0Mortgage - Monterey & Parking47,000Rent-Santa Cruz, Watsonville & Hollister & parkingRent-Visalia & Hanford20,400Utilities165,000Kitchen Sundries50,000Gen. Liab. Ins. & Property Tax170,000Building Maintenance/Security/Janitorial180,000Total Admin - Facilities1,140,400ADMINISTRATIVE - OFFICESAudit/Acct. FeesStaff NEG ConsultantSubscriptionsOffice SundriesOffice Equipment LeasesEquipment Maintenance & Repair ContractsContributionsResearch Material & DataTotal Admin - ommunicationTelephone & Internet & Tele conferencePostageProfessional Fees/TranslationsTotal 358,473more townhall meetings, robot call""""CONFERENCES/MILEAGEStaff-Misc. Conf/SeminarExec. Board-Conferences & TrainingMisc. Members-ReimbursedTotal Conferences/Mileage3,50030,000 Leadership Retreat 3/2014 training33,500STAFF MEETING & TRAININGStaff / Director TrainingStaff - representation & political & communicationClerical StaffExecutive Staff16,000 8 session staff trainings60,0009011,20014 of 40S:\Finance\Budgets\2014\2014budget2.2 2014Bdg2.2112013 11/21/2013 12:02 PM
DRAFTSEIU Local 521 - General Fund Budget for year 2014Version 2.2ABP1 version 2.22014 - 12 months2Budget 2.2109Tuition Reim.-Internal Organizers1,000110Tuition Reim.-OPEIU2,000111Total Staff Training81,101112113EDUCATION & TRAINING114Steward & Chief Steward & Leader Training4,000115Executive Board500117Industry Training Events5,000118Total Education & Training9,500119120POLITICAL/SOCIAL INVOLVEMENT123,65712141219 Candidates, Issues, IE Account ( 0.25 per member per month)Legal & Accounting40,000122Committee Meetings10,922123Conferences1,000124Electoral Staff/ Activity1,000125Polls & Surveys1,000126Special Printing100127Subscriptions200128Total Political/Social Involvement177,879129130SOCIAL & ECONOMIC JUSTICE131Committee idarity4,530134Caucus Activities80,670135Total Social & Economic Justice90,550136137MEMBER INVOLVEMENT13830,000Memorabilia/Give away Member Pride139Awards/Recognition1,000140Ex Board Reimbursement2,000141Rally Rental & Bus20,000142Member Reimbursement/Lost time2,500143Transportation & Vehicle Expenses12,000144Total Member Involvement67,500145146NEGOTIATIONS147Printing Contracts - outside vendor50,000148Meetings & Supplies50,000149Strike Preparations40,00015012Automatic Strike Fund Transfer - reduction to 1/mon151Total Negotiations140,012152MEETINGS & EVENTS153Executive Board Meetings30,000154Steward/Council meetings3,002155521 Party & other events1,0001562014-521 Convention40,000157Officer Election-2013158Industries & Members conference25,000159Miscellaneous1,0001603 of 4ConfidentialQNotesincrease to 2014 at 0.25 per mbr.remain the same as 2013increaseSCCO printed contractEW, nurse conference15 of 40S:\Finance\Budgets\2014\2014budget2.2 2014Bdg2.2112013 11/21/2013 12:02 PM
DRAFTSEIU Local 521 - General Fund Budget for year 2014Version 2.2ABP1 version 2.22014 - 12 months2Budget 2.2161Total Meetings & Events100,002162163REPRESENTATIVE DUES16456,649 SEIU 7.65 ea5,200,37816550,487 SEIU Unity Fund 5.00ea3,029,220166746 SEIU Retirees & ChildCare 1.00ea8,95256,649 SEIU/ State Council- 2.53ea1,719,864167168700 Nurse Alliance 1.45ea12,18016922,329 So Bay CLC Jun/11 0.63,Jul/12 0.65174,1661703,411 SMCO CLC 0.60ea24,5595,940 Fresno CLC 0.45ea32,0761718,323 Bakersfield CLC 0.50ea, est. increase49,9381726,217 Monterey & Santa Cruz LC 0.55ea41,032173110 North Valley CLC1,32017456,013 CA Labor Fed 25% X .70ea, pd old rate 0.4716,452175Building Trades-SMCO3,600176Total Representative Dues10,313,738177178TOTAL EXPENSES33,005,168179180(2,494,968)181TOTAL INCOME LESS TOTAL EXPENSES182VOLUNTARY TRANSFERS183Building Funds48,000184Strike Fund185Total Transfers48,000186(2,542,968)187TOTAL INCOME LESS EXPENSES & TRANSFERSConfidentialQNotesno changeno changeno changeno changeno changeno changeno changeno changeestimate to new rate 0.50 per capitano changeno changeno changeno changereserve for building improvement16 of 404 of 4S:\Finance\Budgets\2014\2014budget2.2 2014Bdg2.2112013 11/21/2013 12:02 PM
17 of 567891011Total reserveAccured Vacation from EO to IOBUILDING FUNDCAPITAL FUNDGOOD & WELFARE FUNDGOOD & WELFARE FUNDLEGAL DEFENSE FUNDLEGAL DEFENSE FUNDSTRIKE FUNDSTRIKE FUNDSTRIKE FUNDCONTINGENCY FUNDACCOUNT NAMEPAC - IssuesPAC - Independent Y FEEAGENCY FEEORGANIZING FUND Acc VacORGANIZING FUNDORGANIZING FUNDORGANIZING FUNDBank of The West #18986BankUnfunded ReserveBank of The West - T- Bill Matures 12/26/2014Bank of The West #18960Bank of The West #33823Monterey County Employee Credit UnionBank of The West - T- Bill Matures 4/15/15Bank of The West #18895US Bank - OlsonUS Bank - OlsonUS Bank - OlsonBank of The West #18820Bank of The West # 28733Bank of The West # 28667Bank of The West - T- Bill Matures 8/21/14Bank of The West #28758Bank of The West - T- Bill Matures 11/21/14Bank of The West # 28691Bank of The West - T- Bill Matures 11/21/14Bank of The West - T- Bill Matures 10/16/201423 2400-00 Accured Vacation for General Fund Liabilities /- reason 2,261,075.81 0N:\Finance\Monthend\2014\bANKBALBOARD2014 1214 2/13/2015 6:42 PM2,237,147.77 adjust monthly to actual accural23,381.04 1250 / mon,547.00 1 / month4,874,043.40310,000.00492,587.99432,572.49 60,000 accrual 5,384.20341,970.64 Accured time off - adjust monthly to acutal accural203,360.33 CD with credit union3,000,000.00586,139.9485,546.3130,092.93 Olson Statement Reconciled as of 11/30/2014(2,837.12) Olson Statement Reconciled as of 11/30/201458,290.50 Olson Statement Reconciled as of 11/30/20142,553,586.57 49,225.00150,330.3284,400.0045,225.33 Acc 4k per mon,150,330.32 Vacation bank transfer between EO and IO65,000.0083,399.93 Accrued 1,000 per .0059,352.9850,088.75ENDINGBALANCE as of12/31/2014DOCUMENT # 165,000.003,882.15500,000.0096,307.11 Accrued 0.12 per month per BALANCE as of11/30/2014as of December 31st, 2014Bank of The West #1897822 2150-11 CLARENCE DODGE SCHOLARSHIPUnfunded Reserve21 2150-10 RETIREE BENEFIT TRUSTUnfunded Reserve and Liabilities100215MANDATORY SAVINGSPAC - Candidates12POLITICAL - PAC moneyGL#ITEMSDISCRETIONARY SAVINGSBank Balance on Saving and Investment accountsSEIU Local 521
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A103,03534 PAYROLL RELATED35 Pension49 TOTAL SALARIES & PAYROLL RELATED4846 Recruiting47 TOTAL PAYROLL RELATED44 Benefits (Health,Dental,Vision,Life,401K,Flex Plan)45 Workers Comp Insurance42 Retiree Health43 Retire Benefit Trust Fund40 Mileage/Ins. Reimb.-Internal Organizers41 Telephone Reimbursement38 Travel Staff - Internal Organizers39 Mileage/Ins. Reimb.-Admin & Director36 Payroll Taxes37 Travel Staff - AdminN:\Finance\Monthend\2014\1214\Income Statement ,396(2,392) 2,701,957 2,448,621 872Actual 2,467,415ActualFebAprEActualMarDJanCActualB31 Vacation & Comp Time32 TOTAL SALARIES29 Temp. Internal Organizers/Research30 Temp. Clerical/Support27 Facilities28 Data Base Services25 Internal Organizers/Research26 Clerical23 Admin Support24 Directors21 SALARIES22 Administrative2018 GENERAL FUND EXPENSES19 ORGANIZING OFFSET1716 TOTAL GENERAL FUND INCOME1513 Misc. Income - SEIU Int'l Subsidy / Grants14 TOTAL OTHER INCOME12345678 TOTAL DUES RECEIPTS910 OTHER INCOME11 Interest & Dividends12 Sublease Rent19 of 335,4312,875,506112,059104,2547,73570 429,454335,4312,691,764104,98097,2797,735(34) 2,586,784ActualJunGas of Dec. 31, ,414,26844,48336,5147,807162 229,454335,4312,792,77375,00767,1657,80735 729,454335,4312,533,6857,932-7,932- 2,525,753ActualSepHIJSEIU LOCAL 521Income Statement - Current and YTDFor the Twelve Months Ending Wednesday, December 31, 2014FSEIU Local 521Financial 35,4312,741,8276,822-6,656166 (1,900) 2,536,710BudgetM 54335,4312,781,578258,664251,5947,02347 ,985252,781251,5941,440(253)( 04,025,17230,511,11470,600-67,0003,600 5,17231,813,906729,823636,25790,6462,920 31,084,083ActualY-T-DQBeth Postion funded by Ext Orgvacant positionsAR unfilledIHSS suplement from INTL & ACAinterest rate is very 85(225,251)14,843unfilled positionsrate increasedIRS rate increase in 2014 & IHSSBlizeIHSS Blizeunfilled positionsunfilled positionsGOW position funded by Ext Orgcontractors on NEG & IHSS Blize(39,128) temp on 1 vacant position280,414 actual cash 659,223636,25723,646(680) 643,569Better/(Worse)R1 of 4DOC #2
2,765509312-55 Free Life Insurance to Members (SCR, MRY & BFL)8,94361 ARBITRATIONS & LEGAL62 Arbitrations Fees & Legal Admin99 Staff - Representation & Political & Communication100 Clerical Staff101 Executive Staff102 Tuition Reimbursement - CWA97 STAFF MEETING & TRAINING98 Staff/Director Training9694 Professional Fees/Translations95 TOTAL COMMUNICATIONS92 Telephone & Internet93 Postage90 Paper91 Website/Station/Communication88 COMMUNICATIONS89 Printing8785 Research Material & Data86 TOTAL ADMIN - OFFICES83 E
Item 2: SEIU Nurse Alliance 2015 Legislative Conference in Sacramento May 5 & 6, 2015 Motion: To authorize up to 8 nurses (no more than 5 nurses per region, and nurses attending to be distributed as evenly as possible among the 5 regions) to attend the 2015 SEIU Nurse Alliance Annual Legislative Conference in Sacramento on May 5 & 6, 2015 for
