IPAC 15 Financial Update 21914 Revenue APS Grant

IPAC’ 15 Financial Update 2/19/14 Revenue APS Grant (IPAC’ 13 & ‘ 14) Interest Earned APS Loan Expense IPAC’ 13 Student & LOC Travel IPAC’ 15 OC/SPC 1 Meeting IPAC’ 15 Management Fee IPAC’ 15 Software IPAC’ 13 Uncosted APS Grant Available Balance 27, 000. 00 39. 48 25, 000. 00 19, 376. 34 9, 548. 60 2, 858. 20 149. 00 1, 011. 39 19, 095. 95

IPAC’ 15 - Financial Update Cash On-Hand 2/19/14 Cash-In: APS Grant (Ipac’ 13 & ‘ 14) Interest Earned APS Loan 27, 000. 00 39. 48 25, 000. 00 Cash-Out: IPAC’ 13 Student & LOC Travel IPAC’ 15 OC/SPC 1 Meeting IPAC’ 15 Management Fee IPAC’ 15 Software Cash On-Hand 19, 376. 34 9, 548. 60 2, 858. 20 149. 00 20, 107. 34 2

IPAC’ 15 - Financial Update • IEEE Loan – $25 K Loan available once: ü Bank Account has been opened ü Conflict of Interest submitted to IEEE (Joe & Andrew) ü Financial MOU Between IPSS *, IEEE, & JSA – Stan Schriber advises that the only MOU requires is the existing MOU between IEEE/NPSS, APS-DPB and PAC OC executed in 1993. • Budget to Stan Schriber for review on 9/6/13. He has discussed with IEEE (as APS Financial Co -Sponsor) so that he will approve Final Budget and coordinate with IEEE for approval. – 12/4, conference with Stan on Preliminary Budget received on Oct 30 – 12/16, Staff Services loaded Draft Budget onto IEEE Web site for review and approval – 1/8/14 Stan approved budget and informed IEEE-NPSS Treasurer & IEEE-NPSS Conference Treasurer – 2/16/14 Requested approval of Ron Keyser NPSS Treasurer and to advance budget to IEEE for approval ü Obtain Quote for Conference Cancellation Insurance 3

IPAC 15 - Financial Update • IPAC’ 14 APS Student Grant $12 K Advance Rcv’d • APS Student Grant for IPAC’ 15 will be $10 K • Action Items – Researched and Analyzed Registration Payment Service • Top Two Services were IEEE & CDG Commerce • All transactions processed via Internet no card swipe • Will meet with Todd to discuss PCI compliance & optional Fraud detection service 4

Internet Merchant Account Base for Estimated Transaction Fees Attendees Exhibitors Sponsors Domestic Transactions 300 70 20 International Transactions 600 25 0 $600 $4, 500 $2, 500 $540, 000 $427, 500 $50, 000 Average Transaction Amount Revenues Months of Service 12 5

Internet Merchant Account Attendee Registration Fees Only IEEE Monthly Merchant Fee CDG 0 120 99 0 240 0 90 0 119 180 Domestic 1. 9%+. 30/per trans. 0 3, 510 Foreign 2. 9% +. 30/per trans. 0 10, 620 15, 660 5, 400 65 65 16, 273 19, 895 540, 000 3. 01% 3. 68% Gateway Setup Fee Monthly Gateway Fee ($20) Gateway Transaction Fee ($0. 10) Mo. Fraud Detection ($9. 95 & $15) Opt VISA/MC/AMEX (IEEE 2. 9%, CDG* 1%) ACH Deposit Fee. 25/day Total Estimated Fees (Budget $22, 371) Total Estimated Receipts Effective Rate • • CDG excludes American Express Fees Estimates do not include transaction fees for declines or refunds $0. 10 / trans 6

Internet Merchant Account Attendee / Exhibitor / Sponsor Fees IEEE Monthly Merchant Fee CDG 0 120 99 0 Monthly Gateway Fee ($20) 240 0 Gateway Transaction Fee ($0. 10) 102 0 Mo. Fraud Detection ($9. 95 & $15) Optional 119 180 Domestic 1. 9% +. 30/per trans. 0 10, 472 Foreign 2. 9% +. 30/per trans. 0 13, 890 29, 508 10, 175 65 65 30, 133 34, 902 1, 017, 500 2. 96% 3. 43% Gateway Setup Fee VISA/MC/AMEX (IEEE 2. 9%, CDG* 1%) ACH Deposit Fee. 25/day Total Estimated Fees (Budget $22, 371) Total Estimated Receipts Effective Rate • • CDG excludes American Express Fees Estimates do not include transaction fees for declines or refunds $0. 10 / trans 7