HOD2021-HB-Cover

LOUISIANA STATE MEDICAL SOCIETY BUDGET & FINANCE COMMITTEE

2021 Proposed Budget

MEMBERSHIP DUES Active Member

$900,000.00 $10,000.00 $10,000.00 $2,500.00 $13,500.00 $14,000.00 $950,000.00

Active Part-Time Member

Academic Member Service Member Resident Member Retired Licensed

Subtotal

INVESTMENTS Perkins Properties/Real Estate

$128,000.00 $128,000.00

Subtotal

MANAGEMENT CONTRACTS LSMS Endorsements Administrative Contracts

$125,000.00 $36,000.00 $161,000.00

Subtotal

ADMINISTRATIVE New Physician's Guide Corporate Partnerships HOD Exhibitors/Sponsors CME Accred. Program Fees Meeting & Registration Fees

$12,000.00 $30,000.00 $25,000.00 $8,000.00 $7,500.00 $3,500.00 $5,000.00 $130,000.00 $40,000.00 $261,000.00

Website

Miscellaneous

HealthSYNC of Louisiana

AMA SOPP Grant

Subtotal

$1,500,000.00

TOTAL INCOME

APPROPRIATIONS Rent/Utilities Corporate Taxes

$183,784.00

$500.00 $500.00

EBRP Property Taxes Presidential Honorarium

$27,836.00 $212,620.00

Subtotal

PAYROLL TAXES & BENEFITS Payroll

$715,000.00 $50,000.00 $12,000.00 $50,000.00 $48,250.00 $3,500.00 $2,800.00

Payroll Taxes Contract Staff

Health/Life Insurance

401(K) Plan

Payroll Processing Fees Workers Compensation

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