Alice Schaelling has been elected Woman of the Year by the Wasatch Chapter of the American Business Women's Association.

She is an accounting manager for Bennett Enterprises and Mori-Silva International, and has worked for Bennett's for 16 years.Annually, each chapter of ABWA elects one of its members for this honor. Selection is based on the member's achievements in business, education, community and club activities. Schaelling is president of the Wasatch Chapter.

She will represent the chapter at the ABWA national convention in Orlando, Fla., in October.

AN ELECTION LUNCHEON for the Federal Women's Club will be held May 21, 12:30 p.m., at the Hearthside in Eden. Incumbent officers and directors will be hostesses at the event.

Reservations should be made by May 16 with Florence Lynch, 295-7402 or Billie Murray, 295-5332 in the Salt Lake-Tooele area. Those living in Ogden and vicinity should contact Verna Nichol, 825-4765 or Harriet Lee, 544-8991.

This event is for club members only. No guests. Cancellations will not be accepted after May 17.

MEMBERS OF the PEO Sisterhood of Utah State Chapter will hold their 53rd annual convention Friday and Saturday at the Little America Hotel.

Linda Lee Shimmin, Vernal, state president, will preside at the event.

Chairmen of the convention are Mary Snow, Gertrude Carlson and Carole Montgomery of Salt Lake City.

The PEO Sisterhood is a philanthropic and educational organization interested in bringing to women increased opportunities for higher education. It was founded as a college sorority at Iowa Wesleyan College Mount Pleasant, Iowa, in 1869.

The group maintains four educational philanthropies: The PEO Educational Fund, a revolving loan fund established in 1907 to lend money to women for education beyond high school; Cottey Junior College for Women, a fully-accredited liberal arts college at Nevada, Mo., owned and supported by the Sisterhood since 1927; the International Peace Scholarship, established in 1947 for foreign students to pursue graduate study in the U.S. or Canada; the Program for Continuing Education, established in 1973 to provide educational grants for women.

The PEO is headquartered in Des Moines, Iowa.