Financial Condition
Federal LM-2 financial reports required for labor Unions show NEMSA's financial condition as of the end of the 2012 fiscal year for NEMSA. The 2012 report shows NEMSA claimed $12.372.00 in cash on hand and assets totaling $91,338.00 for the fiscal year ending March 31, 2013. However, NEMSA also reports total liabilities of $695,236.00 including $231,997.00 unpaid in accounts payable. This leaves NEMSA with total net assets of negative $-603,898.00.
Read more about this topic: National Emergency Medical Services Association
Famous quotes related to financial condition:
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)