2020-12-15 OMA Agenda - Board of Trustees

Fundamentals Courses

Educational Grant Fundamentals Online

$ $ $ $ $ $ $ $ $

50,000

$ $ $ $ $ $ $ $ $

75,000 10,072 60,354 17,405 162,831

$ $ $ $ $ $ $ $ $

30,000

Industy grants - actual for 2020 may go down as grant reconcilliation is showing expenses di

-

-

Registrations

60,168 34,300 144,468

50,400 29,100 109,500

Rolling all regitrations here - aver reg 80 per course - $210 fee for 3 virtual courses We won't have virtual exhibits but sponsorship opportunities to make up for the revenue.

Exhibits

Total

New Projects/Innovations

Registrations

- - - -

- - - -

50,000

Exhibits Grants

-

25,000 75,000

Total

Direct Public Support

Corp Contrib for Education

Spring and Fall Sponsored Lunch

$

-

$

90,000

$

90,000

Top Section Revenue total

$

3,760,990

$

2,692,400

$

3,707,453

top sections only - sub total

Total Revenue

3,760,990 $

$

2,692,400

$

3,707,453

Expenses

Membership & Services

Postage/Shipping

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

2,292 4,421 4,377 94,486

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

4,372 1,551 1,914 3,718

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

8,540 9,995 2,500 42,000

Renewal letters, new abom diplomates, Welcome kit, acquisition mailings Renewal letters, brochure, New ABOM diplomates, Welcome Kit

Printing

Certificates/Awards/Pins

CAC, Fall Awards (Pins are included in marketing) List buys, outreach, acqusition efforts, pins, social, google

Marketing

External OMA Membership Dues

-

-

-

Total

105,576

11,555

63,035

Affliated Network Groups

Marketing Seed Money Insurances

- - - - -

- - -

- - - - - - - -

Travel Staff & BOT

276

Accounting and Legal Fees Chapter Formation Agency Fee Education Development

-

12,500

39,500

-

-

Total

12,500

39,776

Education

Merchandise

12,900 5,000 2,000 20,400 20,500 17,000 - 15,000 3,950 3,000 99,750 12,600 2,500 12,000 10,000 37,100 - - -

jackets, water bottles, rx pads, infographics

30,063 15,222

15,595 5,020

eBooks & Course Books

author books, textbooks

Digital CME Algorithm

-

misc costs for course development design work and printing costs

16,557

18,734

Proficiency Badges

71

66

Syllabus

production and shipping costs for external vendor

24,851 21,665 8,000 19,081 4,204 -

Webinars & Podcasts & Student Workshop

average $500 webinar $250 podcast

$

17,850

Salary Calculator

Centers of Excellence & OMEC

$

-

SAP

question writers, editor fees and design fee for new SAP

Shipping

$ $

580

shipping for product and book sales

Trademark Fees

-

- -

Marketing

Social media marketing

Total

$

80,343

117,216

Board Strategic Planning Event

Travel Expenses

$ $

- -

12 board members at 1050 (500 airfare, 300 hotel for 1 nights, 250 ground/meals)

Activities Consultant Facilities

$ $ $ $

2,128 12,211 15,066 29,405

based on 2019 actual based on 2019 actual based on 2019 actual

Total

$

-