As the academic year winds down, we asked Sharon Hendricks, Guild Treasurer, to take stock of the Guild’s finances.
“We have $4.6 million in accumulated balances,” Hendricks said. “We’re ending this fiscal year (2019-2020) with about a $50,000 surplus.”
Having cash on hand is important, she noted, in order to provide services to faculty that they have come to expect and deserve – representation on the campuses through the work of chapter presidents and grievance reps, officers and negotiators, office staff, and Guild committee chairs. Our recent Guild election, overseen by the American Arbitration Association, is another expense that required an expenditure of funds.
“We’ve found ways to be frugal –saving on supplies and postage for things that used to be mailed by primarily communicating electronically,” she said. “We plan to send out more Guild materials electronically, giving members the option to receive hard copies.”
“Despite issues that have plagued some other unions, post-Janus, our membership is strong, united, and growing,” she said.