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2010 Cash Balance Reconciliation
Cash balance beginning of year $2,178.10
Dues were suspended in 2009 so that
all "residents" would be considered
"members" of NEAR
Income
Donation from Transformer- 3
(for Community Inconvenience) 1,000.00
Expenses
IRS 501(c)(3)
Training Program 35.00
Application Fee 400.00
Illinois Registration 10.00 (donated)
Fieldhouse Rental none
Total Expenses 435.00
Excess of revenue over expenses 565.00
Cash balance (as of 12-31-2010) $2,743.10
Note: No NEAR funds are ever used for the community website
www.neweastside.org. This is an IRS (501(c)(3) requirement because
of the Electronic Bulletin Board community service feature.
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N.E.A.R. Financial Reports
Our 2008 "Cash Balance Reconciliation" is publlished below and the end of year balance was $2319.13 (reported by Richard Thennes , NEAR Treasurer). During 2009, the NEAR Board suspended the collection of dues because we wanted all residents of our New Eastside community to be equal "members". When we have a need for money, we will clearly explain the specific needs, and ask you to use the PalPal, credit card, or check processes on the right.
Please note that the main expenses are paper and postage for mailings to persons that have attended meetings and/or paid the annual dues to help support our neighborhood organization. One of the largest expenses have been the refreshments for the meetings. None of the neighborhood buildings that have hosted our general meetings have charged for the use of their meeting facilities. We thank them for their many years of loyal cooperation since our incorporation on March 1, 1991:
400 E. Randolph (Outer Drive East)
360 E. Randolph (Buckingham)
195 Harbor Drive (Park Shore)
175 Harbor Drive (Park Tower)
400 E. South Water (Shoreham) (2006 NEAR community meeting)
222 Columbus (Park Millennium) (2007 NEAR community meeting)
201 N. Westshore (Lancaster) (volunteered in 2006 for smaller meeting)
340 E. Randolph (CCM community meeting in 2007)
Millennium Park Plaza (Doral) (CCM community meeting in 2007)
As newer buildings are added to our New Eastside Community (East of Michigan to Lake Michigan, and North of Randolph to the Chicago River), we plan to hold our meetings at these new locations. We recognize that many of the owners and residents in the newer buildings were already living in our community. However, we especially want the new residents from the new Lakeshore East buildings, such as Regatta, Chandler, Aqua, and Tides to feel welcome in their established New Eastside Community.
This page was last updated: January 17, 2015
Page Visits
The NEAR PayPal account will be credited for $9.41 ("Email Only OK" for notices will be assumed) Thank You.
OR
Send a voluntary check to "NEAR" for $10.00 directly to:
Richard Thennes, NEAR Treasurer
360 E. Randolph #1103
Chicago, IL 60601
Please do not send cash, and indicate on your check "Email Only OK" for meeting notices and other alerts.
Thank You.
These 4 original buildings have hosted numerous community meetings over 19 years. We all thank you ! ! !
2007 NEW EASTSIDE ASSOCIATION OF RESIDENTS
Cash Balance Reconciliation
For the Year Ended 12/31/07
Cash balance, beginning of year $1,253.49
$1,253.49 Dues Receipts $1,369.13
$1,369.13 Expense
Labels 40.94
40.94 Postage 522.00
Meeting 74.65
74.65 Refreshments 235.94
Service Awards 126.49
Total Expense 1,000.02
Excess of revenue over expenses 369.11
369.11Cash balance, end of year $1,622.60
$1,622.60For the year ended 12/31/07, there were 120 paid memberships.
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2008 Cash Balance Reconciliation
Cash balance beginning of year $1,622.60
Addl.Dues Receipts received in 2008 1068.60
(2007 dues counted for 2008)
Expenses
Postage 286.68
Mailing Labels 26.44
Misc. Meeting 58.95
Total Expenses 372.07
Excess of revenue over expenses 696.53
Cash balance end of year $2,319.13
For the year ended 12-31-08, there were 173 paid memberships.
2009 Cash Balance Reconciliation
Cash balance beginning of year $2319.13
Dues were suspended in 2009 so that
all "residents" would be considered
"members" of NEAR
Expenses
Postage 64.68
Illinois Regis. 10.00
Yellow Paper 36.35
Fieldhouse Rental 30.00
Total Expenses 141.03
Excess of expenses over revenue (141.03)
Cash balance (as of 12-31-2009) $2,178.10
Federal IRS 501(c)(3) Designation Letter and Addendum dated October 7, 2011 (effective July 15, 2011) approving New Eastside Association of Residents (NEAR) qualified to receive tax-deductible donations.
2011 Cash Balance Reconciliation (reporting Dick Thennes, Treasurer)
Cash balance beginning of 2011 year $2,743.10
Dues were suspended in 2009 so that all "residents"
would be considered "members" of NEAR
Expenses: Postage none
Illinois Regis. 10.00
Corp. Documents 50.00
Yellow Paper none
Fieldhouse Rental none
Mayoral Forum (share) 64.00
Total 2011 Expenses 124.00
Excess of expenses over revenue (124.00)
Cash balance (as of 12-31-2011) $2,619.10
IRS Letter
Addendum
2012 Cash Balance Reconciliation
Cash balance beginning of 2012 $2,619.10
Expenses: Illinois non-profit registration 10.00
Cash balance (as of 12-31-2012) $2,609.10
2013 Cash Balance Reconciliation
Cash Balance beginning of 2013 year $2,609.10
Expenses: Illinois non-profit corporation registration $10.00
Cash balance (12-31-2013 ) $2,599.10
2014 Cash Balance Reconciliation
Cash Balance beginning of 2014 $2,599.10
Expenses: Illinois non-profit corporation registration $10.00
Cash Balance (12-31-2014 ) $2,589.10
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