News
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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