Professional Liability Defense Federation

“Description: interest. Amount: 8.”

“Description: miscellaneous. Amount: 3,257.”

“Description: management expense. Amount: 771. Description: seminar expense. Amount: 60,851. Description: website. Amount: 6,841. Description: retreat. Amount: 22,665. Description: board expense. Amount: 126. Description: insurance. Amount: 1,802. Description: computer software. Amount: 460. Description: credit card fees. Amount: 3,521. Description: ce & cle. Amount: 62. Description: phone, email, internet. Amount: 729. Description: supplies. Amount: 1,276. Description: marketing. Amount: 971. Description: miscellaneous. Amount: 15,240. Description: depreciation. Amount: 170. Description: bank fees. Amount: 145. Description: payroll tax. Amount: 4,687. Total to form 990-ez, line 16: 120,317.”

“Description: prepaid expenses. Beg. Of year amount: 11,813. End of year amount: 17,593.”

“Description: credit card payable. Beg. Of year amount: 2,017. End of year amount: 1,576. Description: payroll liability. Beg. Of year amount: 2,821. End of year amount: 6,038. Description: deferred revenue. Beg. Of year amount: 46,770. End of year amount: 31,561.”

“The significant changes to the bylaws include the following: -change of corporate home from minnesota to illinois -addition of annual membership meeting - related to timing, notification, slate distribution, and quorums -change who may stand for election as president-elect and progression to office of the president -addition of language related to the election to the positions of president-elect, treasurer and secretary -addition of language limiting the amendment of the bylaws to a vote of 2/3 of the members present at a meeting of the membership (as opposed to just 2/3 of the board having the ability to amend the bylaws)”