Skip to Main Content

2016 Annual Report

Financial Summary

Our auditors (Kriens~LaRose, LLP Chartered Accountants) have conducted our annual audit in accordance with Canadian generally accepted auditing standards. An audited consolidated financial statement and two graphic representations of revenues and expenses follow. OPPI Council approved the Audited Financial Statements ending December 31, 2015 at its April 2016 Council meeting. 

The 2015 Business Plan was prepared and approved by OPPI Council. The year ending December 31, 2015 reflects an excess of revenues over expenses in the amount of $152,438.

Click here to read the full 2015 Financial Results Summary – Revenue & Expenses

Revenue Membership Fee, 58% Conference, 24% Journal & Mailings, 8% Professional Development, 4% Other, 6% 6% 4% 8% 24% 58%
Sector Amount
Membership Fee, 58% 13.91
Conference, 24% 5.75
Journal & Mailings, 8% 1.92
Professional Development, 4% 0.97
Other, 6% 1.45
 
Membership Fee $ 1,402,630
Conference $ 586,854
Journal & Mailings $ 190,261
Professional Development $ 96,315
Other $ 152,897
Total Revenue $ 2,428,957


 
Expense Administration, 26% Conference & PKE, 26% Strategy Groups & DLT, 20% Communications, Marketing & Recognition, 14% Governance & Nominating, 8% Discipline, 6% 26% 6% 8% 14% 20% 26%
Sector Amount
Administration, 26% 9.95
Conference & PKE, 26% 9.95
Strategy Groups & DLT, 20% 7.65
Communications, Marketing & Recognition, 14% 5.35
Governance & Nominating, 8% 3.08
Discipline, 6% 2.3
 
Administration $ 596,250
Conference & Planning Knowledge Exchange $ 594,421
Strategy Groups & District Leadership Teams $ 461,985
Communications, Marketing & Recognition $ 325,008
Governance & Nominating $ 172,417
Discipline, Professional Standards & Government Relations $ 126,438
Total Expense $ 2,276,519

 

The purpose of the annual Business Plan (Plan) is to direct implementation of OPPI’s Strategic Plan. It is guided by the Institute’s Financial Strategy to achieve fiscal stability over the short and long terms.

The Plan is a dynamic document, developed through a collaborative and iterative process with Council members and association staff. It is monitored and reviewed on an ongoing basis, including at each Council meeting, so elements and tactics may be calibrated as feedback and circumstances require. Principles that are adopted by Council help to keep the Plan on track and serve as a means to measure progress. Click here to read the full 2015 Business Plan.