NAACL Treasurer's reports
June 2006

The chapter's finances are clear through April 2004.  Thereafter a 
dense fog descends, which has not yet lifted.  The current balance 
of the NAACL (money market) account is $45,045.  However, from May 
2004 on, the account balance bears a distant relationship to the 
Chapter's true financial situation.  At the time I took office, 
financial accounting for the HLT-NAACL 2004 had not been begun.  
I am attempting to gather the pieces that will allow this to happen, 
but it's a slow job so long after the event.  ACL 2005 
(proceeds to be split with NAACL) is in better shape and should
be accounted for by the date of ACL 2006. HLT-NAACL 2006 predicted 
attendance is about 680 (317 regular and 190 student main conference 
registrations done on-line). This is slightly lover the number used 
in the budget.  I have at the point, two principal remarks concerning policy:

1.  The Chapter Board should work to ensure that the Chapter accounts 
henceforth do not fall this far into arrears. This is actually mandated by 
Article 7 of our Constitution.  

2.  The Chapter should work harder to ensure a revenue stream such that 
it can support activities and people (principally, students) in ways 
that are beneficial to the future of the Chapter.  The chapter’s current 
income and expenditure pattern is very simple (see the attached graph - 
only to be viewed on PDF version).  Of the ways o generating income, 
making money off of running conferences seems the most plausible to me.  
At the 2002 NAACL meeting, Priscilla suggested conference sound aim to 
make a profit of $5K - $20K. We should probably aim at the high end of 
that.  I would advocate further expanding opportunities for revenue 
raising through better supporting employers and companies (think SIGGRAPH).

Christopher Manning, NAACL Treasurer; June 1, 2006, Palo Alto, CA.