64th CTAA Annual General Meeting

The 64th Annual General Meeting of the Association was held on Monday, November 25, 2019, in conjunction with the Annual Conference. The draft minutes of the AGM are posted in the member’s area – they can be accessed from the Workspace area “Minutes of Annual General Meetings Files”. Note also that the audited Financial Statements of the Association can also be viewed/downloaded from within this Workspace area (log in here).

A snapshot of the Association’s financial health is shown below.

Revenue 2019 2018
Annual Conference $299,370 $291,246
Dues $122,128 $125,770
Other $11,970 $11,729
Total $433,468 $428,745
Expenses
Annual Conference $264,119 $256,860
Miscellaneous $29,716 $33,015
Support Services $30,517 $37,692
Board of Directors $9,790 $9,120
Office $16,764 $17,464
Proceedings $39,985 $43,153
Total $390,891 $397,304
Net Income $42,577 $31,441
Member Equity
Beginning of Year $558,474 $527,033
End of Year $601,051 $558,474

Again this year, it was discussed at the AGM that membership has dropped over the last several years although dues income remains relatively steady, in part due to higher contributions from Sustaining Members. The Association board is looking at initiatives to promote membership.

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