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2018 Annual Report

Financial Summary

Our auditors, Kriens~LaRose LLP, Chartered Accountants, have concluded our annual audit in accordance with Canada 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, 2017, at its March 2018 Council meeting. 

The 2017 Business Plan was prepared and approved by OPPI Council. This year ending December 31, 2017, reflects an excess of revenues over expenses in the amount of $178,217. 

Click here to read the full 2017 Financial Results Summary – Revenue & Expenses

Revenue

  Revenue
Membership Fee $1,595,439
Conference $544,112
Journal & Mailings $259,642
Professional Development $93,945
Other $274,145
Total Revenue $2,767,283

Expense

Expense Pie Chart
  Expense
Administration/Office $763,470
Conference & Planning Knowledge Exchange $527,539
Strategy Groups & District Leadership Teams $462,652
Communications, Marketing & Recognition $334,688
Governance, Executive & Nominating $222,010
Discipline, Professional Standards & Government Relations $139,862
Other $138,845
Total Expense $2,589,066

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 2017 Business Plan.

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