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.
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