PRORATION OF INCOME BETWEEN STORE AND OTHER EAA ACTIVITIES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85-00375R000300060002-2
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: August 24, 2001
• Sequence Number: 2
• Content Type: MF

Approved .eiease 2001/09/04: CIA-RDP85-00iR000300060002-2
MEMORANDUM FOR: EAA Board of Directors
President, EAA
SUBJECT . Proration of Income Between Store
and Other EAA Activities
1. At the Board meeting held on 28 January 1977, a
question was raised concerning the disagreement between. the
stated amounts of "other income" (dues and. interest) and
their percentages proration between the BAA Store and all
other EAA activities. (Ref. Exhibits B and C of 1976 Annual
Financial Statements.) The stated percentages of proration
on Exhibits B and C are correct with respect to the 1976
figures. They are not correct for the 1975 figures because
the prorations for other income were changed between 1975
and 1976 as follows:
Proration of Membership Dues
19 76
1.975
EAA Store
40%
33
1/3%
Other than Store
60%
66
2/3%
TOTAL
00 %
Proration of Interest Income
1976
1975
EAA Store
60%
33
1/3%
Other than Store
40%
66
2/3%
TOTAL
100 %
100 %
2. The proration of membership dues was changed slightly
to reflect an increase in membership interest in the EAA
Store. A significant change was made in the proration of
interest income because of the major role which is now played
by the EAA Store in generating income. These facts should
have been addressed as a footnote to Exhibits B and C.
Record copies of the financial statement are being so noted.
Att: Exhibits B and C of
F 'nanci 1 S ateme t
pprovec For I elease 001/09/04: CIA-RDP85-00375R000300060002-2
 Approved For Release 2001/09/04: CIA-RDP85-00 R000300060002-2
DAILY ITEM - 3 November 1977
Benefits and Services Division
Two GSA investigators tisited the EAA Store this morning
with a security escort. They took a statement from
with regard to his observation of the'-laying of the rug squares
at the time of the move to the present location. Particular
interest was given to whether or not the existing asphalt tile
floor was removed before the carpet was installed.
reported that the workmen merely damp mopped the floor and
laid the rug over it. We understand that the investigators
TATINTL
TATINTL also visite in Logistics Services Division.
was told that he might have to testify in court.
Approved For Release 2001/09/04: CIA-RDP85-00375R000300060002-2