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2017 Annual Report

Financial Summary

During the course of the audit, Kriens~LaRose LLP, Chartered Accountants found that the financial statements present fairly, in all material respects, the financial position of OPPI as at December 31, 2016 and its financial performance and its cash flows for the year then ended in accordance with Canadian generally accepted accounting principles. Council’s actions in 2016 were guided by its Business Plan for the year, which is based on OPPI’s Strategic Plan.

The year ending December 31, 2016 reflects an excess of revenues over expenses in the amount of $200,874.

Click here to read the full 2016 Financial Results Summary – Revenue & Expenses

Revenue

  Revenue
Membership Fee $1,491,388
Symposium $450,866
Journal & Mailings $220,321
Professional Development $120,100
Other $284,821
Total Revenue $2,567,496

Expense

Expense Pie Chart
  Expense
Administration $740,082
Symposium & Planning Knowledge Exchange $411,656
Strategy Groups & District Leadership Teams $486,162
Communications, Marketing & Recognition $345,836
Governance, Executive & Nominating $212,815
Discipline, Professional Standards & Government Relations $170,071
Total Expense $2,366,622

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. Click here to read the full 2016 Business Plan.

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