GSIS 2004 Business Meeting
|
Proposed Dues: (~1.375)
Personal $55
New members, first year $45
Student and Retired $20
Institutional $100
Sustaining $135 or more
Current Dues:
Individual $40
Student and Retired $15
Institutional $75
Sustaining $100 or more
Comparisons:
2004 Members |
Number |
2003 Rates |
2004 Actual |
Proposed Rates |
2004 Proposed |
Personal |
120 |
$40 |
$4,800 |
$55 |
$6,600 |
New members |
10 |
$40 |
$400 |
$45 |
$450
|
Retired members |
11 |
$15 |
$165 |
$20 |
$220 |
Students |
3 |
$15 |
$45 |
$20 |
$60 |
Institutional |
25 |
$75 |
$1,875 |
$100 |
$2,500 |
Sustaining |
6 |
$100 |
$600 |
$135 |
$810 |
175 |
$7,885 |
$10,640 |
Increase: $2,775
Rationale:
• See Business Plan published in June 2004 Newsletter. Summary:
o Past 5 years, static to slightly declining membership.
o Past 5 years, expending more on member services than income from member dues.
o The healthy reserve of open funds, approximately $16,800 in 1997, had declined to approximately $11,500 by June, 2004.
o Increased annual meeting costs.
o Increased publication costs.
o No dues increase since 1994 (from $30.00 to $40.00). Previous increase in 1986 from $20.00 to $30.00.
o Compare to other society dues such as SLA ($125).• A lower rate for new members might serve as an incentive to join and “try out” our society, and hopefully help to increase our membership.
• The same rationale for lower student rates; we need to increase these numbers.
• Retired members usually have decreased income and lack institutional support; we need to encourage and support their ongoing participation in the society.
lej
10/25/04