Fps-The International Organization for Fluid Pwr & Motion Cont Prof

“Management duties are performed by IDP Association Mangement with the supervision of the Treasurer and Board of Directors of Fluid Power Society.”

“a complete copy of the form 990 is provided to governing board members prior to being filed.”

“The management company computes a mean ratio for non-profit organizations under 501(c)(3) based on revenue and size. The average ratio for management fees is presented to the board by the management company for review, along with the current contract for approval.”

“THE MANAGEMENT COMPANY COMPUTES A MEAN RATIO FOR NON-PROFIT ORGANIZATIONS UNDER 501(C)(3) BASED ON REVENUE AND SIZE. THE AVERAGE RATIO FOR MANAGEMENT FEES IS PRESENTED TO THE BOARD BY THE MANAGEMENT COMPANY FOR REVIEW, ALONG WITH THE CURRENT CONTRACT FOR APPROVAL. Management duties are performed by IDP Association Mangement with the supervision of the Treasurer and Board of Directors of Fluid Power Society. a complete copy of the form 990 is provided to governing board members prior to being filed. PER MANAGEMENT SERVICE CONTRACT, IDP ASSOCIATION MANAGEMENT COMPANY IS NOT ALLOWED TO SERVICE AN ORGANIZATION TO THE FLUID POWER INDUSTRY. MONITORING CONSISTS OF ADMISSION BY THE MANAGEMENT COMPANY AND ACTIVITY AND RELATIONS THOUGHOUT THE FLUID POWER INDUSTRY. EACH OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.”

“Bank Service Charges: Program service expenses 22,123. Management and general expenses 3,904. Fundraising expenses 0. Total expenses 26,027. Postage and Delivery: Program service expenses 17,032. Management and general expenses 3,006. Fundraising expenses 0. Total expenses 20,038. Printing and copying: Program service expenses 14,965. Management and general expenses 2,640. Fundraising expenses 0. Total expenses 17,605. Shipping: Program service expenses 10,084. Management and general expenses 1,780. Fundraising expenses 0. Total expenses 11,864. telephone: Program service expenses 8,775. Management and general expenses 1,548. Fundraising expenses 0. Total expenses 10,323. Utilities: Program service expenses 4,213. Management and general expenses 743. Fundraising expenses 0. Total expenses 4,956. Equipment and Equip Repair: Program service expenses 2,862. Management and general expenses 505. Fundraising expenses 0. Total expenses 3,367. website services: Program service expenses 2,480. Management and general expenses 438. Fundraising expenses 0. Total expenses 2,918. Storage/Survey Monkey: Program service expenses 1,748. Management and general expenses 309. Fundraising expenses 0. Total expenses 2,057. Dues and Subscriptions: Program service expenses 1,322. Management and general expenses 233. Fundraising expenses 0. Total expenses 1,555. Postage meter lease: Program service expenses 1,107. Management and general expenses 195. Fundraising expenses 0. Total expenses 1,302. Payroll Processing: Program service expenses 867. Management and general expenses 153. Fundraising expenses 0. Total expenses 1,020. Cell Phone: Program service expenses 714. Management and general expenses 126. Fundraising expenses 0. Total expenses 840. Misc Payroll Expense: Program service expenses 361. Management and general expenses 64. Fundraising expenses 0. Total expenses 425. Alarm Monitoring: Program service expenses 231. Management and general expenses 41. Fundraising expenses 0. Total expenses 272. Miscellaneous expenses: Program service expenses -5,878. Management and general expenses -1,033. Fundraising expenses 0. Total expenses -6,911.”