<br />
FY 2014<br />
STATE BAR OF MICHIGAN<br />
ANNUAL FINANCIAL REPORT<br />
Audited Financial Statements and<br />
Other Supplementary Information<br />
Year Ended September 30, 2014<br />
With Report of Independent Auditors<br />
STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT FY 2014<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 2014<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 2014<br />
2013-2014 St<a title="State Bar Final Audited Financial Statements page 1" href="http://viewer.zmags.com/publication/72d7b82d?page=1"> FY 2014 STATE BAR OF MICHIGAN ANNUAL F</a>
<a title="State Bar Final Audited Financial Statements page 2" href="http://viewer.zmags.com/publication/72d7b82d?page=2"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 3" href="http://viewer.zmags.com/publication/72d7b82d?page=3"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 4" href="http://viewer.zmags.com/publication/72d7b82d?page=4"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 5" href="http://viewer.zmags.com/publication/72d7b82d?page=5"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 6" href="http://viewer.zmags.com/publication/72d7b82d?page=6"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 7" href="http://viewer.zmags.com/publication/72d7b82d?page=7"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 8" href="http://viewer.zmags.com/publication/72d7b82d?page=8"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 9" href="http://viewer.zmags.com/publication/72d7b82d?page=9"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 10" href="http://viewer.zmags.com/publication/72d7b82d?page=10"> STATE BAR OF MICHIGAN | ANNUAL FINANCIAL REPORT F</a>
<a title="State Bar Final Audited Financial Statements page 11" href="http://viewer.zmags.com/publication/72d7b82d?page=11"> State Bar of Michigan Audited Financial </a>
<a title="State Bar Final Audited Financial Statements page 12" href="http://viewer.zmags.com/publication/72d7b82d?page=12"> State Bar of Michigan Audited Financial </a>
<a title="State Bar Final Audited Financial Statements page 13" href="http://viewer.zmags.com/publication/72d7b82d?page=13"> Introductory Section</a>
<a title="State Bar Final Audited Financial Statements page 14" href="http://viewer.zmags.com/publication/72d7b82d?page=14"> December 8, 2014 Honorable Robert P. Young, Jr. </a>
<a title="State Bar Final Audited Financial Statements page 15" href="http://viewer.zmags.com/publication/72d7b82d?page=15"> During the year ended September 30, 2014, the Boa</a>
<a title="State Bar Final Audited Financial Statements page 16" href="http://viewer.zmags.com/publication/72d7b82d?page=16"> At the request of State Bar leaders, Senator Meek</a>
<a title="State Bar Final Audited Financial Statements page 17" href="http://viewer.zmags.com/publication/72d7b82d?page=17"> Services to the State Bar's 40 sections were enha</a>
<a title="State Bar Final Audited Financial Statements page 18" href="http://viewer.zmags.com/publication/72d7b82d?page=18"> Ͳ Co-chair Judge Cynthia Stephens and staff li</a>
<a title="State Bar Final Audited Financial Statements page 19" href="http://viewer.zmags.com/publication/72d7b82d?page=19"> In June, a Bar Leadership Forum and Upper Michiga</a>
<a title="State Bar Final Audited Financial Statements page 20" href="http://viewer.zmags.com/publication/72d7b82d?page=20"> PMRC personnel developed and implemented a series</a>
<a title="State Bar Final Audited Financial Statements page 21" href="http://viewer.zmags.com/publication/72d7b82d?page=21"> FY 2014 FINANCIAL SUMMARY The State Bar achieved</a>
<a title="State Bar Final Audited Financial Statements page 22" href="http://viewer.zmags.com/publication/72d7b82d?page=22"> FY 2014 STATE BAR OF MICHIGAN BOARD OF COMMISSION</a>
<a title="State Bar Final Audited Financial Statements page 23" href="http://viewer.zmags.com/publication/72d7b82d?page=23"> Overview of the State Bar of Michigan STATE BAR </a>
<a title="State Bar Final Audited Financial Statements page 24" href="http://viewer.zmags.com/publication/72d7b82d?page=24"> STATE BAR PROGRAMS AND MEMBERSHIP SERVICES The S</a>
<a title="State Bar Final Audited Financial Statements page 25" href="http://viewer.zmags.com/publication/72d7b82d?page=25"> Operating a Lawyers and Judges Assistance Program</a>
<a title="State Bar Final Audited Financial Statements page 26" href="http://viewer.zmags.com/publication/72d7b82d?page=26"> Administering a Client Protection Fund that provi</a>
<a title="State Bar Final Audited Financial Statements page 27" href="http://viewer.zmags.com/publication/72d7b82d?page=27"> MEMBERSHIP AND AFFILIATE STATISTICS During FY 20</a>
<a title="State Bar Final Audited Financial Statements page 28" href="http://viewer.zmags.com/publication/72d7b82d?page=28"> Financial Section</a>
<a title="State Bar Final Audited Financial Statements page 29" href="http://viewer.zmags.com/publication/72d7b82d?page=29"> $1'5(:6+223(53$9/,.3/& 2.(02652$'_68,7(_2.(0260</a>
<a title="State Bar Final Audited Financial Statements page 30" href="http://viewer.zmags.com/publication/72d7b82d?page=30"> Other Matters Required Supplementary Information</a>
<a title="State Bar Final Audited Financial Statements page 31" href="http://viewer.zmags.com/publication/72d7b82d?page=31"> Management's Discussion and Analysis</a>
<a title="State Bar Final Audited Financial Statements page 32" href="http://viewer.zmags.com/publication/72d7b82d?page=32"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 33" href="http://viewer.zmags.com/publication/72d7b82d?page=33"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 34" href="http://viewer.zmags.com/publication/72d7b82d?page=34"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 35" href="http://viewer.zmags.com/publication/72d7b82d?page=35"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 36" href="http://viewer.zmags.com/publication/72d7b82d?page=36"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 37" href="http://viewer.zmags.com/publication/72d7b82d?page=37"> State Bar of Michigan Management's Discussion an</a>
<a title="State Bar Final Audited Financial Statements page 38" href="http://viewer.zmags.com/publication/72d7b82d?page=38"> Basic Financial Statements</a>
<a title="State Bar Final Audited Financial Statements page 39" href="http://viewer.zmags.com/publication/72d7b82d?page=39"> State Bar of Michigan Statement of Net Position </a>
<a title="State Bar Final Audited Financial Statements page 40" href="http://viewer.zmags.com/publication/72d7b82d?page=40"> State Bar of Michigan Statement of Revenue, Expe</a>
<a title="State Bar Final Audited Financial Statements page 41" href="http://viewer.zmags.com/publication/72d7b82d?page=41"> Cash flows from operating activities Membership d</a>
<a title="State Bar Final Audited Financial Statements page 42" href="http://viewer.zmags.com/publication/72d7b82d?page=42"> Assets Investments Contributions receivable Total</a>
<a title="State Bar Final Audited Financial Statements page 43" href="http://viewer.zmags.com/publication/72d7b82d?page=43"> State Bar of Michigan </a>
<a title="State Bar Final Audited Financial Statements page 44" href="http://viewer.zmags.com/publication/72d7b82d?page=44"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 45" href="http://viewer.zmags.com/publication/72d7b82d?page=45"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 46" href="http://viewer.zmags.com/publication/72d7b82d?page=46"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 47" href="http://viewer.zmags.com/publication/72d7b82d?page=47"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 48" href="http://viewer.zmags.com/publication/72d7b82d?page=48"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 49" href="http://viewer.zmags.com/publication/72d7b82d?page=49"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 50" href="http://viewer.zmags.com/publication/72d7b82d?page=50"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 51" href="http://viewer.zmags.com/publication/72d7b82d?page=51"> State Bar of Michigan Notes to Financial Stateme</a>
<a title="State Bar Final Audited Financial Statements page 52" href="http://viewer.zmags.com/publication/72d7b82d?page=52"> Other Supplementary Information</a>
<a title="State Bar Final Audited Financial Statements page 53" href="http://viewer.zmags.com/publication/72d7b82d?page=53"> State Bar of Michigan Schedule of Revenue and Ex</a>
<a title="State Bar Final Audited Financial Statements page 54" href="http://viewer.zmags.com/publication/72d7b82d?page=54"> State Bar of Michigan Comparative Statement of N</a>
<a title="State Bar Final Audited Financial Statements page 55" href="http://viewer.zmags.com/publication/72d7b82d?page=55"> State Bar of Michigan Schedule of Revenue, Expen</a>
<a title="State Bar Final Audited Financial Statements page 56" href="http://viewer.zmags.com/publication/72d7b82d?page=56"> State Bar of Michigan Schedule of Revenue, Expen</a>
<a title="State Bar Final Audited Financial Statements page 57" href="http://viewer.zmags.com/publication/72d7b82d?page=57"> State Bar of Michigan Schedule of Revenue, Expen</a>
<a title="State Bar Final Audited Financial Statements page 58" href="http://viewer.zmags.com/publication/72d7b82d?page=58"> State Bar of Michigan Schedule of Revenue, Expen</a>
<a title="State Bar Final Audited Financial Statements page 59" href="http://viewer.zmags.com/publication/72d7b82d?page=59"> State Bar of Michigan Historical Financial Summa</a>
<a title="State Bar Final Audited Financial Statements page 60" href="http://viewer.zmags.com/publication/72d7b82d?page=60"> State Bar of Michigan Historical Financial Summa</a>