Chemical Manufacturers Association 
FY 1990 Revenues $27,391,100  

From CMA Minutes 5sep91

MINUTES of the three hundred thirty sixth meeting of the Board of Directors of the Chemical Manufactures Association, Inc., held in the Eisenhower Room, The Greenbrier, White Sulphur Springs, WV, on Thursday and Friday, September 5-6, 1991.

18. TREASURER'S REPORT

Mr. Herman reported that the final Treasurer's Report for fiscal year 1990-91 was complete and that the Association had received revenues of $27,391,100 and incurred expenses of $26,105,300, resulting in a year-end contribution to reserves of approximately $1.2 million. He detailed significant positive variances which included $450,000 in revenue from the new non-member CHEMTREC registrations fees and a significant negative variance was in outside legal fees incurred in subpoena filings related to third party litigation involving the chemical and insurance industries and waste site liability. At year end reserves were approximately $7.2 million, equivalent to 27.4% of the operating budget, and within the ongoing Board guidelines of 25-50% of operating expenses. He indicated that through the first two months of the current fiscal year, the Association had received revenue of $28,487,800 and had incurred expenses of $4.3 million.

CMA 077092
source: http://www.chemicalindustryarchives.org/search/pdfs/cma/19910905_00000591.pdf 21jul01