Word: hsa
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Dates: during 1970-1979
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Nelson will remain on the University payroll until June 30 but will perform no duties for HSA. Both Harvard and HSA had been paying Nelson before March...
Howe said that he took the job with the understanding that he would get an assistant on July 1 to help with his duties as director of Student Employment, general manager of HSA and an admissions officer. The cost of the assistant would mean that the University would save nothing except perhaps a "thousand here or a thousand there," he said...
Nelson says in his letter, "When I arrived in 1970, I inherited a $35,000 operating loss. In fiscal '71 this was reduced to $12,000 and in fiscal '72, HSA had a $13,000 operating profit...
...HSA did show an operating profit last year but, "It was due to a one-time contribution of back Social Security taxes which we had paid erroneously in previous years," Howe said yesterday...
Howe added, "HSA was definitely not a profit-making operation for the first nine months of this fiscal year...