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The Board Takes Action (April 2012)

by NASW Staff

January 2012

Board's Action

Context

Financial

Approved Form 990

Form 990 for the fiscal year that ended June 30, 2011, showed total revenue of $18.4 million.

Received the financial statements as of Dec. 31, 2011

Treasurer Diana Stroud reported that as of Dec. 31, 2011, NASW’s total asset position was $13.9 million. Liabilities and deferred revenue decreased by $1.5 million when compared with the same time last year. This decrease was primarily due to a decrease of $1.2 million in accrued defined benefit pension. Overall, net assets at Dec. 31, 2011 increased by $776,000 from the prior year. As of Dec. 31, 2011, total operating revenue exceeded operating expenses by $919,000. This increase represents a $756,000 improvement over budget.

Governance

Approve the consent agenda

The Awards Committee’s Recommendations for the 2011 National Awards, the NASW Standards for School Social Work Services and changes to the Professional Review Procedures Manual.

 

Notes: An action by the board to "receive" a report does not imply approval of the report in its entirety. Specifically, recommendations for board action included in a report are not adopted unless the board takes specific action to approve them. This list may not necessarily contain all actions the board took and actions that are reported elsewhere in the News.

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