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<br /> FY 2013<br /> State Bar of Michigan<br /> AnnuAl FinAnciAl RepoRt<br /> Audited Financial Statements and<br /> Other Supplementary Information<br /> Year Ended September 30, 2013<br /> With Report of Independent Auditors<br /> State Bar of Michigan | ANNUAL FINANCIAL REPORT FY 2013<br /> Mission stateMent<br /> “The State Bar shall aid in promoting<br /> improvements in the administration<br /> of justice and advancements in<br /> jurisprudence, in improving relations<br /> between the legal profession and the<br /> public, and in promoting the interest<br /> of the legal profession in this State.”<br /> State Bar of Michigan | ANNUAL FINANCIAL REPORT FY 2013<br /> “No organization of lawyers<br /> can long survive which has<br /> not for its primary object<br /> the protection of the public.”<br /> — Roberts P. Hudson<br /> First State Bar of Michigan<br /> President<br /> State Bar of Michigan | ANNUAL FINANCIAL REPORT FY 2013<br /> 2012-2013 S<a title="Final State Bar Annual Financial Report 2013 page 1" href="http://viewer.zmags.com/publication/4ff5a3ac?page=1"> FY 2013 State Bar of Michigan AnnuAl Fi</a> <a title="Final State Bar Annual Financial Report 2013 page 2" href="http://viewer.zmags.com/publication/4ff5a3ac?page=2"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 3" href="http://viewer.zmags.com/publication/4ff5a3ac?page=3"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 4" href="http://viewer.zmags.com/publication/4ff5a3ac?page=4"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 5" href="http://viewer.zmags.com/publication/4ff5a3ac?page=5"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 6" href="http://viewer.zmags.com/publication/4ff5a3ac?page=6"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 7" href="http://viewer.zmags.com/publication/4ff5a3ac?page=7"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 8" href="http://viewer.zmags.com/publication/4ff5a3ac?page=8"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 9" href="http://viewer.zmags.com/publication/4ff5a3ac?page=9"> State Bar of Michigan | ANNUAL FINANCIAL REPORT F</a> <a title="Final State Bar Annual Financial Report 2013 page 10" href="http://viewer.zmags.com/publication/4ff5a3ac?page=10"> State Bar of Michigan Audited Financial </a> <a title="Final State Bar Annual Financial Report 2013 page 11" href="http://viewer.zmags.com/publication/4ff5a3ac?page=11"> State Bar of Michigan Audited Financial </a> <a title="Final State Bar Annual Financial Report 2013 page 12" href="http://viewer.zmags.com/publication/4ff5a3ac?page=12"> Introductory Section</a> <a title="Final State Bar Annual Financial Report 2013 page 13" href="http://viewer.zmags.com/publication/4ff5a3ac?page=13"> December 10, 2013 Honorable Robert P. Young, Jr.</a> <a title="Final State Bar Annual Financial Report 2013 page 14" href="http://viewer.zmags.com/publication/4ff5a3ac?page=14"> During the year ended September 30, 2013, the Boa</a> <a title="Final State Bar Annual Financial Report 2013 page 15" href="http://viewer.zmags.com/publication/4ff5a3ac?page=15"> In April 2013, bills were introduced to improve M</a> <a title="Final State Bar Annual Financial Report 2013 page 16" href="http://viewer.zmags.com/publication/4ff5a3ac?page=16"> ‐ Surveying the Representative Assembly and </a> <a title="Final State Bar Annual Financial Report 2013 page 17" href="http://viewer.zmags.com/publication/4ff5a3ac?page=17"> The Practice Management Resource Center (PMRC) co</a> <a title="Final State Bar Annual Financial Report 2013 page 18" href="http://viewer.zmags.com/publication/4ff5a3ac?page=18"> The groundwork was laid for the conversion of the</a> <a title="Final State Bar Annual Financial Report 2013 page 19" href="http://viewer.zmags.com/publication/4ff5a3ac?page=19"> APPROVED FY 2014 BUDGET The State Bar Board of C</a> <a title="Final State Bar Annual Financial Report 2013 page 20" href="http://viewer.zmags.com/publication/4ff5a3ac?page=20"> FY 2013 STATE BAR OF MICHIGAN BOARD OF COMMISSION</a> <a title="Final State Bar Annual Financial Report 2013 page 21" href="http://viewer.zmags.com/publication/4ff5a3ac?page=21"> Overview of the State Bar of Michigan STATE BAR </a> <a title="Final State Bar Annual Financial Report 2013 page 22" href="http://viewer.zmags.com/publication/4ff5a3ac?page=22"> STATE BAR PROGRAMS AND MEMBERSHIP SERVICES The S</a> <a title="Final State Bar Annual Financial Report 2013 page 23" href="http://viewer.zmags.com/publication/4ff5a3ac?page=23"> Operating a Lawyers and Judges Assistance Program</a> <a title="Final State Bar Annual Financial Report 2013 page 24" href="http://viewer.zmags.com/publication/4ff5a3ac?page=24"> Administering a Client Protection Fund that provi</a> <a title="Final State Bar Annual Financial Report 2013 page 25" href="http://viewer.zmags.com/publication/4ff5a3ac?page=25"> MEMBERSHIP AND AFFILIATE STATISTICS Below are th</a> <a title="Final State Bar Annual Financial Report 2013 page 26" href="http://viewer.zmags.com/publication/4ff5a3ac?page=26"> Financial Section</a> <a title="Final State Bar Annual Financial Report 2013 page 27" href="http://viewer.zmags.com/publication/4ff5a3ac?page=27"> ANDREWS HOOPER PAVLIK PLC 4295 OKEMOS ROAD | SUIT</a> <a title="Final State Bar Annual Financial Report 2013 page 28" href="http://viewer.zmags.com/publication/4ff5a3ac?page=28"> Other Matters Required Supplementary Information</a> <a title="Final State Bar Annual Financial Report 2013 page 29" href="http://viewer.zmags.com/publication/4ff5a3ac?page=29"> Management's Discussion and Analysis</a> <a title="Final State Bar Annual Financial Report 2013 page 30" href="http://viewer.zmags.com/publication/4ff5a3ac?page=30"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 31" href="http://viewer.zmags.com/publication/4ff5a3ac?page=31"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 32" href="http://viewer.zmags.com/publication/4ff5a3ac?page=32"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 33" href="http://viewer.zmags.com/publication/4ff5a3ac?page=33"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 34" href="http://viewer.zmags.com/publication/4ff5a3ac?page=34"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 35" href="http://viewer.zmags.com/publication/4ff5a3ac?page=35"> State Bar of Michigan Management's Discussion an</a> <a title="Final State Bar Annual Financial Report 2013 page 36" href="http://viewer.zmags.com/publication/4ff5a3ac?page=36"> Basic Financial Statements</a> <a title="Final State Bar Annual Financial Report 2013 page 37" href="http://viewer.zmags.com/publication/4ff5a3ac?page=37"> Assets Current assets: Cash Investments Accoun</a> <a title="Final State Bar Annual Financial Report 2013 page 38" href="http://viewer.zmags.com/publication/4ff5a3ac?page=38"> State Bar of Michigan Statement of Revenue, Expe</a> <a title="Final State Bar Annual Financial Report 2013 page 39" href="http://viewer.zmags.com/publication/4ff5a3ac?page=39"> State Bar of Michigan Statement of Cash Flows Y</a> <a title="Final State Bar Annual Financial Report 2013 page 40" href="http://viewer.zmags.com/publication/4ff5a3ac?page=40"> Assets Investments Contributions receivable Total</a> <a title="Final State Bar Annual Financial Report 2013 page 41" href="http://viewer.zmags.com/publication/4ff5a3ac?page=41"> State Bar of Michigan </a> <a title="Final State Bar Annual Financial Report 2013 page 42" href="http://viewer.zmags.com/publication/4ff5a3ac?page=42"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 43" href="http://viewer.zmags.com/publication/4ff5a3ac?page=43"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 44" href="http://viewer.zmags.com/publication/4ff5a3ac?page=44"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 45" href="http://viewer.zmags.com/publication/4ff5a3ac?page=45"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 46" href="http://viewer.zmags.com/publication/4ff5a3ac?page=46"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 47" href="http://viewer.zmags.com/publication/4ff5a3ac?page=47"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 48" href="http://viewer.zmags.com/publication/4ff5a3ac?page=48"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 49" href="http://viewer.zmags.com/publication/4ff5a3ac?page=49"> State Bar of Michigan Notes to Financial Stateme</a> <a title="Final State Bar Annual Financial Report 2013 page 50" href="http://viewer.zmags.com/publication/4ff5a3ac?page=50"> Other Supplementary Information</a> <a title="Final State Bar Annual Financial Report 2013 page 51" href="http://viewer.zmags.com/publication/4ff5a3ac?page=51"> State Bar of Michigan Schedule of Revenue and Ex</a> <a title="Final State Bar Annual Financial Report 2013 page 52" href="http://viewer.zmags.com/publication/4ff5a3ac?page=52"> State Bar of Michigan Comparative Statement of N</a> <a title="Final State Bar Annual Financial Report 2013 page 53" href="http://viewer.zmags.com/publication/4ff5a3ac?page=53"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="Final State Bar Annual Financial Report 2013 page 54" href="http://viewer.zmags.com/publication/4ff5a3ac?page=54"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="Final State Bar Annual Financial Report 2013 page 55" href="http://viewer.zmags.com/publication/4ff5a3ac?page=55"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="Final State Bar Annual Financial Report 2013 page 56" href="http://viewer.zmags.com/publication/4ff5a3ac?page=56"> State Bar of Michigan Schedule of Revenue, Expen</a> <a title="Final State Bar Annual Financial Report 2013 page 57" href="http://viewer.zmags.com/publication/4ff5a3ac?page=57"> State Bar of Michigan Historical Financial Summa</a> <a title="Final State Bar Annual Financial Report 2013 page 58" href="http://viewer.zmags.com/publication/4ff5a3ac?page=58"> State Bar of Michigan Historical Financial Summa</a>