Financial statement December 31 2021

Financial statement December 31 2021

Financial statement December 31 2021

2021 Year End Financial Statement as of 31st, December, 2021.

Opening cash balance at Your Credit Union on January 1st, 2021: $9,904.82

Revenue:

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2021 Membership Renewals (from RBC): $14,425.00

Individual Renewals (5 @ $25): $125.00

Cupe Contribution for 2020 $850.00

COPE Contribution for 2018 and 2019* $525.00

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Total Revenue= $15,925.00

Total cash on hand (2021): Revenue + Beginning Cash Balance: $25,829.82

Expenses:

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Executive Expenses:* $ 376.01

Translation (LLSI and Carole Lefebvre): $1, 249.08

National Pensioners Federation Affiliation: $125.00

Congress of Union Retirees Affiliation: $150.00

Credit Union Fees (Checking Account): $30.00

Eugene Kostyra Memorial Fund $500.00

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Total Expenses = $ 2,430.09

Balance in Operating Account as of 31 December, 2021: $23, 399.73


Term Deposits at YCU, matures Feb. 7, 2022 @ 2.25% per annum: $64,459.73