Report of the Treasurer: 1980: Onward, financially and morally.

APA is in very good shape financially as a result of procedures and attitudes within the Council of Representatives and elsewhere in the Association's governance. We are able to maintain a balanced budget and to enjoy surpluses--though we can be certain that this will not continue forever--and at the same time to be reasonably solicitous of personal and social needs of the disadvantaged in our midst. At a time when the federal government finds it necessary to abandon or drastically cut programs to help the voiceless and other victims of our society, it is heartening to note that in our small way we psychologists are able to walk both sides of the street, that is, to help those who need our help, but to do so without imperiling our financial solvency. Despite spiraling inflation, the Association continues to produce a surplus from operations, as mandated by the Council of Representatives, while being responsive to the needs of the membership in a swiftly changing environment. In addition to the goal of building our reserves, we are dedicated to the continuation of all existing APA programs in our constant attempts to advance psychology as a science and profession and as a means of promoting human welfare. Financial statements for 1979-1981 are provided. (PsycINFO Database Record (c) 2010 APA, all rights reserved)