15
2013 Annual Report
MANAGEMENT’S DISCUSSION AND ANALYSIS
ONS generated a 2013 net operating profit of $1,400,500,
demonstrating our standing as a financially stable organization
that will be able to meet members’ needs for years to come.
We continued to look for new revenue streams to supplement member dues while also focusing on improving current
member offerings and creating new products and services that
benefit our members.
FUND-RAISING
ADMINISTRATION
ONS OPERATING REVENUE 2013
Dues............................................................................. $3,452,124
Contributions, awards, sponsor, and grants................. $2,129,508
Registrations................................................................ $6,386,892
Exhibits revenue........................................................... $2,610,466
Advertising revenue...................................................... $2,182,601
Publication sales.......................................................... $1,516,595
Management fees......................................................... $2,455,701
Other operating revenue.................................................. $908,243
In 2013, ONS continued the trend of reducing our overall costs
while maintaining the percentage spent on member programs
at 87%. Our administrative expenses remained constant at
11%. The remaining 2% of expenses were incurred to generate
contributions.
Total........................................................ $21,642,130
PROGRAMS
ONS OPERATING EXPENSES 2013
Payroll, taxes, and fringes.......................................... $10,273,225
Exhibit expense............................................................... $399,528
ONS Leadership
2013–2014 BOARD OF DIRECTORS
Awards, scholarships, and grants..................................... $33,747
Cost of goods sold.......................................................... $449,069
Meeting and travel........................................................ $1,717,539
Printing, postage, and freight.......................................... $722,653
Advertising and marketing............................................ $1,281,226
Legal and accounting........................................................ $63,181
Mary Gullatte, PhD, RN, ANP, BC, AOCN®, FAAN, President
Margaret Barton-Burke, PhD, RN, FAAN, President-Elect
Rent and utilities.......................................................... $1,358,177
Publications.................................................................... $805,849
Services and honoraria................................................. $2,157,331
Tracy Gosselin, PhD, RN, AOCN , Treasurer
Other operating expenses................................................ $980,161
Marlon Garzo Saria, MSN, RN, AOCNS®, Secretary
Total........................................................ $20,241,685
®
Barbara Biedrzycki, PhD, CRNP, AOCNP , Director-at-Large
®
Anne M. Ireland, MSN, RN, AOCN®, CENP, Director-at-Large
ONS OPERATING EXPENSES
Susie Newton, RN, MS, AOCN , AOCNS , Director-at-Large
Programs................................................................... $17,632,244
®
®
Vicki Norton, MHA, RN, OCN®, Director-at-Large
Deborah Walker, DNP, CRNP, AOCN®, Director-at-Large
Lori Williams, PhD, RN, OCN®, AOCN®, Director-at-Large
ONS CHIEF EXECUTIVE OFFICER
Paula Trahan Rieger, RN, MSN, CAE, FAAN
Administration.............................................................. $2,352,218
Fund-raising.................................................................... $257,223
Total.....................