AFT Local #4420
Internal Review Committee/Financial Compilation Cover Sheet
Local Name: Milford Federation of Para Professionals State: CT
Fiscal Year End Date (MM/DD): 06/30
Period Covered: 07/01/2023 - 06/30/2024
Number of Members: 142
Submitted By: Collean Patrick Title: Treasurer
Lorretta Johnson, Secretary-Treasurer
American Federation of Teachers
555 New Jersey Ave. N.W.
Washington, DC. 20001
Dear Secretary-Treasurer Johnson,
Please find attached the financial statement compilation for the Milford Federation of Para Professionals for the fiscal year ending June 30, 2024.
This financial information was presented to members of MFPP Local 4420 on 09/12/2024.
The financial statements have been published and are available to our members. Sincerely,
Theodore Boynton, President
Milford Federation of Para Professionals
d-Ll- ~
~~~,
Gail White, Vice-President
Milford Federation of Para Professionals
7:00 PM
07/15124
Accrual Basis
Milford Federation of Paraprofessionals
Profit & Loss
July 2023 through June 2024
Jul '23 - Jun 24
Income
4000 . Dues Income 4100' Other Income 4200 . Interest Income
Total Income
57,138.40 315.00
1.99
57,455.39
Gross Profit 57,455.39 Expense
5010· AFT Per Capita Tax
5020 . AFT CT Per Capita Tax 5030 . AFL CIO
5040 . Insurance
6060 . Accounting
5066 . Banking Fee
5100· Supplies
5350 . Stipends
5375' Wages
5385 . Payroll Taxes
5450 . Good & Welfare
5500 . SOCial
Total Expense
Net Income
16,899.41
22,231.79
1,595.05
895.50
1,707.26
0.00
63.80
2,000.00
7,991.36
964.91
592.73
1,204.52
56,146.33
1,309.06
Page 1
7:12 PM
07/15/24
Accrual Basis
Milford Federation of Paraprofessionals
Balance Sheet
As of June 30, 2024
Jun 30, 24
ASSETS
Current Assets
Checking/Savings
1000· Cash - Checking
1100· cash - savings
Total Checking/Savings
Total Current Assets
TOTAL ASSETS
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
2010· accrued expenses
Total Other Current Liabilities Total Current Liabilities
Total Liabilities
Equity
32000 . Retained Earnings
Net Income
Total Equity
TOTAL LIABILITIES & EQUITY
6,896.22
20,013.74
26,909.96
26,909.96
26,909.96
11,344.05
11,344.05
11,344.05
11,344.05
14,256.85
1,309.06
15,565.91
26,909.96
Page 1
1:14 PM
08/16/24
Check
TOTAL
Check
TOTAL
Check
TOTAL
Type
Num
1633
Date
06/30/2024 06/30/2024 06/17/2024
Milford Federation of Paraprofessionals Check Detail
June 2024
Name Item Account
1000 . Cash - Chec ...
5375· Wages
1000· Cash - Chec ...
5385 . Payroll Taxes
AFT 1000 . Cash - Chec ...
5010 . AFT Per Capi .
5020 . AFT CT Per .
5030 . AFL CIO
5040 . Insurance
Paid Amount
-2,729.02
-2,729.02
-747.17
-747.17
-1,432.78
-1,865.17
-134.90
-75.74
-3,508.59
Original Amount
-2,729.02
2,729.02
2,729.02
-747.17
747.17
747.17
-3,508.59
1,432.78
1,865.17
134.90
75.74
3,508.59
Page 1
1:13 PM Milford Federation of Paraprofessionals
08/16/24 Deposit Detail
June 2024
Type Num Date Name Account Amount
Deposit 06/1212024 1000 . Cash • Chec ... 2,394.12 4000 . Dues Income -2,394.12
TOTAL -2,394.12
Deposit 06/25/2024 1000 . casn- Chec ... 2,394.12 4000 . Dues Income -2,394.12
TOTAL -2,394.12
Deposit 06/30/2024 1000 . cash- Chec ... 3,476.19 5385 . Payroll Taxes -3,476.19
TOTAL -3,476.19 Page 1
CHASE 0 June 01, 2024 through June 28, 2024 Primary Account 000005291049566
ICHECKS PAID I (continued)
CHECK NO. DESCRIPTION 1633 • 1\
DATE PAID 06/17
AMOUNT 3508.59
Total Checks Paid $5,054.04................'"........... ..'"......:;;.......::~....
If you see a description In the Checks Paid section, it means that we received only electronic information about the check, not the original or an image of the check. As a result, we're not able to return the check to you or show you an image.
• All of your recent checks may not be on this statement, either because they haven't cleared yet or they were listed on one of your previous statements.
1\ An image of this check may be avallable tor you to view on- Chase. com.
DATE AMOUNT
06103 $6,937.01
06104 6,887.01
06105 5,707.48
06110 5,657.48
06112 8,051.60
06/17 4,543.01
( l6!25 6,921.21
. ; , -
, I • •
, T •
, I •I I' ~) . ' •
MILFORD FEDERATION OF PARA PROFESSIONALS Accoun! Number: 000565600286001
SAVINGS SUMMARY
AMOUNT
Beginning Balance
Deposits and Additions
ending Balance
Annual Percentage Yield Earned This Period Interest Paid This Period
Interest Paid Year-to-Date
$20,013.74 :. 0,15
$20,013.89
0.01%
$0.15
$0.99
Your monthly service fee was waived because you maintained an average savings balance of $1,000 or more during the statement period.
/C ITRANSACTION DETAILI
COATE DESCRIPTION
Beginning Balance
AMOUNT BALANCE $20,013.74
06/28 Interest Payment 0.15
20,013.89
ending Balance $20,013.89 Page30f 6
CHASEO June 01, 2024 through June 28, 2024 Primary Account 000005291049566
15 deposited items are provided with your account each month. There Is a $0.40 fee for each additional deposited item.
IN CASE OF ERRORS OR QUESnONS ABOUT YOUR ELECTRONIC FUNDS TRANSFERS:
Call us at 1-86&564-2262 or write us at the address on the front of this statement Immediately if you think your statement or receipt is incorrect or if you need more Information about a transfer listed on the statement or receipt
For personal account. only: We must hear from you no later than 60 days after we sent you the FIRST statement on which the problem or error appeared. Be prepared to give us the following information:
• Your name and account number;
• A description 01the error or the transaction you are unsure about, and why you think it is an error or want more information; and • The amount of .the suspected error.
We will Investigate your oomplaint and will correot any error promptty. If we take more than 10 business days (or 20 business days for new accounts) to do this, we will oredit your account for the amount you think is in error so that you will have use of the money during the time It takes us to complete our Investigation.
For bueine .. account., see your deposit account agreement or other applloable agreements that govern your account for details,
IN CASE OF ERRORS OR QUESnONS ABOUT NON-ELECTRONIC FUNDS TRANSFERS: Contact us immediately if your statement is incorreot or if you need more Information about any non-electronic funds transfers on this statement. For more details, see your deposit account agreement or other applicable agreements that govem your aocount.
JPMorgan Challe Bank, N.A. Member FDIC
ACCOUNT # 000005291049566 (
Sea both front and back Images of cleared checks at Chase.com. If you'r& not enrolled in this free servlce, please enroll now.
, _«It" I 1609
MILI'OAD FEDERA'noNOF PARAPROF_AI. S!"" u:
, ... -#4..,)1"
:::: flt T(vuk:.. I I, S' a5t>.OO ..
• 16~'
006970885046 JUN 03 #0000001609 $250.00 ----'--'-- '_" .-.-._._.- .... _-_. _. 1622
MILfOIID FEpalAl10II OF PARA PAOFB8IOIIAL I!!!! 51~;J..lji4 . 004290738188 JUN 10 #0000001622 $50.00
103290387499 JUN 25 #0000001618 $15.92
.' .
003290193985 JUN 04 #0000001625 $50.00l. Paga4016
CHASEO
June 01, 2024 through June 28, 2024 Primary Acoount 000005291049566
(contlnued) ACCOUNT # 000005291049566
See both front and back Images of cleared checks at Chase.corn. If you're not enrolled In this free service, please enroll now.
009180568447 JUN 05 #0000001628 $955.13 ....... 1633
(008270657704 JUN 17 #0000001833 $3,508.59
oo~~~...ooo........'"..oo:;......oo
009180568446 JUN 05 #0000001630 $224.40
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