1. PMILIC Financial Reports June 2013 1

2. Balance Sheet 2 Current Assets $ 111,466.18 Previous Month’s Assets:$130,239 As ofBalanceRateMaturity Date Checking30-Jun$63,224NA CD 131-Mar $13,6821.04%22-Oct-15 CD 230-Jun $5,3393%21-May-15 CD 331-Mar $11,1091.24%23-Aug-13 CD 431-Mar $17,5932.23%9-Jun-16 Cash (held by VP Programs) 28-Feb $520.00NA LiabilitiesNone

3. Profit & Loss BudgetActual Income$156,003$80,774 Expense$155,684$54,191 Net$319$26,583 3 YTD = June 2013

4. Budget vs. Actual Variance 4 YTD = June 2013 BudgetActualBalanceNotes Expense15568454190.54 Administration46951868.262826.74 Communication71044322.532781.47 Finance59252599.623325.38 Marketing130001383.1511616.85 Membership700348.95351.05 President295004871.9824628.02 Professional Development7156028768.5242881.48 Programs2050010017.5310482.47 Outreach27001002600 Income15600380774 Finance1000 Marketing80004467554 Watch item: half the year is over and we only have 1/4 of the anticipated sponsorship money Membership25500161959305 Professional Development1049285620348725 Programs1657579308645 Note : Since PMILIC does cash accounting, all items that occurred in 2012, but were paid/ received in 2013 must be logged in 2013

5. Appendix Budget vs. Actual Summary by VP Area and Category 5

6. Budget vs Actual – Expenses 6 BudgetActual Administration46951868.26 Audio Conferencing20057.83 Board Meeting - Food34801782.83 PMI Chapter Insurance200 Supplies10027.60 Virtual Conferencing715 Communication71044322.53 Annual Web Hosting with Proteon55003996 Survey Tool204 Newsletter1400326.53 Finance59252599.62 Banking fees100 Credit card processing fees48001695.73 QuickBooks Online Essentials325 Tax Prep700395 PMILIC Mailbox – 2 year0508.89

7. 7 Budget vs Actual – Expenses BudgetActual Marketing130001383.15 Advertising PMILIC500350.04 Charitable Contributions2000 Giveaways5000 Sponsorships1500 Networking Events40001033.11 Membership700348.95 Business Cards200119.95 New Member Orientation500229.00 President295004871.98 Annual Awards/Plaques17001392.19 Contingency7800733.92 Region 4 & LIM170002745.87 Strategic Planning Meeting3000

8. 8 Budget vs Actual – Expenses BudgetActual Professional Development7156028678.52 CAPM Classes4000 CSM Classes3340010101.34 PMP Prep Classes2000010408.45 Saturday Classes141608168.73 Programs2050010017.53 Chapter Meeting - May Special Venue40003535 Chapter Meetings145006482.53 Annual Chapter Social2000 Outreach2700100 College, School1500 Professional Organizations1200100

9. 9 Budget vs Actual – Income BudgetActual Finance1000 CD Interest1000 Marketing8000446 Sponsorships4000 Networking Events4000446 Membership2550016195 Membership dues2550016195 Professional Development10492856203 CAPM Classes7200 CSM Classes4500015490 PMP Prep Classes3840028865 Saturday Classes1432810798 Total Systems Donation from 2012 01050 Programs165757930 Chapter Meeting - May Special Venue43751350 Chapter Meetings102006580 Annual Chapter Social2000

10. Budget vs Actual Line Item Details 10