Vital Times 2022 - 17

SUMMARY
JAN - DEC '17
2017
REVENUE
Membership Dues
Other Income
Total General Revenue
EPD
Investment
LPAD
TOTAL REVENUE
EXPENSE
General Expense
EPD
LPAD
TOTAL EXPENSE
NET INCOME
MARGINAL
CONTRIBUTIONS
Dues
Other Income
Investment
General Operation
EPD
NET INCOME
$147,144
$5,528
$79,773
$232,442
$157,854
$390,296
$202,987
$22,521
($43,284)
$182,224
$157,521
$339,745
$139,314
$19,440
$190,738
$349,492
($112,475)
$237,018
$399,537
$5,231
$145,642
$550,410
($112,729)
$437,681
$197,299
$7,753
$263,201
$468,253
($96,201)
$372,052
$546,648
$14,955
($163,700)
$397,904
($5,737)
$392,167
$466,733
$13,292
$29,458
$509,483
$6,820
$516,303
($270,050)
$13,500
$50,500
($20,050)
$11,120
($194,930)
($424,550)
$77,500
$50,500
($296,550)
($44,830)
($341,380)
$1,231,365
$486,251
$206,637
$1,924,253
$390,296
$1,133,083
$469,577
$208,453
$1,811,113
$339,754
$1,155,376
$734,005
$229,653
$2,119,034
$237,018
$857,023
$335,720
$219,495
$1,412,238
$437,681
$1,134,703
$394,538
$165,551
$1,694,792
$372,052
$791,106
$412,218
$107,117
$1,310,441
$392,167
$835,500
$556,430
$115,083
$1,507,013
$516,303
$1,516,550
$769,930
$203,500
$2,489,980
($194,930)
$1,638,050
$784,930
$236,500
$2,659,480
($341,380)
$1,585,146
$5,525
$1,590,671
$644,105
$79,773
-
$2,314,549
$1,544,523
$22,521
$1,567,044
$627,098
($43,284)
-
$2,150,858
$1,524,343
$19,440
$1,543,783
$621,530
$190,738
-
$2,356,051
$1,476,055
$5,231
$1,481,286
$222,991
$145,642
-
$1,849,919
$1,4697,553
$7,753
$1,505,306
$298,337
$263,201
-
$2,066,844
$1,444,871
$14,955
$1,459,826
$406,481
($163,700)
-
$1,702,608
$1,417,316
$13,292
$1,430,608
$563,250
$29,458
-
$2,023,316
$1,450,000
$13,500
$1,463,500
$781,050
$50,500
-
$2,295,050
$1,450,000
$77,500
$1,527,500
$740,100
$50,500
-
$2,318,100
2018
JAN - DEC '18
2019
JAN - DEC '19
2020
JAN - DEC '20
2021 YTD
JAN - DEC '21
2022 YTD
(7/31/2022)
2022
BUDGET YTD
2022
ANNUAL BUDGET
2022
FINAL BUDGET
Investment
Unbudgeted Expense 2022
For the first half of 2022, the financial market continued
to suffer major losses. This was the result of several
conditions that affect the current equity market.
These factors are the rising interest rate, Ukrainian
War, inflation, negative earnings reports, supply chain
congestion, and ongoing COVID-19 lockdown in Asia.
Thus, investors are selling their equity positions and
moving into other investment vehicles that could be
perceived as safer for their investment. However, there
are signs of market recovery in November. Still, we are
expecting tumultuous market conditions in the next few
months. Furthermore, the CSA investment portfolio is
tracking the S&P 500 index; therefore, it's expected that
our portfolio will fluctuate with the market. As the equity
market recovers, our return will improve as well.
In the last quarter of 2021, the CSA Board of Directors
authorized a successful and well-received digital
advertising campaign promoting the value of physicianled
anesthesiology to the public, policy makers and
health care executives. To continue our efforts in
advocating our profession and building upon its success,
an additional $50,000 was approved for the digital
campaign during our last meeting. In addition to the
digital media campaign, several other expenditures for
initiatives consistent with CSA's mission, have been
approved by the Board and the House of Delegates
which, when combined, result in projected negative net
budget for 2023.
Annual Publication 2022 | 17
Vital Times 2022

Table of Contents for the Digital Edition of Vital Times 2022
