2. The Budget Yasmine A. Branden, CCA NAWIC Vice President, 2011 – 2012 YasmineB@neilkelly.com

3. Budget Overview Considered approach to fulfilling our fiduciary responsibility Know what we need to reach our budget goals How we meet our Strategic Plan

5. NAWIC Budget

6. Actual Income vs. Expenses 2005 - 2010

7. Year-End Actual Income 2005 – 2011 (projected)

8. Reserves / Retained Earnings Reserves = surplus earnings Use reserves to help us meet budget in the tough times We are taking money out of reserves to balance budget We haven’t replenished reserves for 2 years and we won’t this year

9. Membership Trending

10. Closing the Income Gap Understand and sell your membership Membership Goals: – 85% retention – Each One Get One

11. 2012 Convention in Denver Aug 29 – Sept 1 Denver is a great city! President DeWeese is scheduling a fabulous NAWIC weekend for us One-stop NAWIC shopping Networking Professional education Fun

12. What Now? Director will briefly review your NAWIC budget Brief Q&A More Qs?  Sandy Field, NAWIC Treasurer sandykfield@comcast.net sandykfield@comcast.net  Any NAWIC Officer or Dede Hughes, EVP Find us at www.nawic.orgwww.nawic.org