2024 AGM: Difference between revisions
→President's Report
Adam.burgess (talk | contribs) |
Adam.burgess (talk | contribs) |
||
| Line 52: | Line 52: | ||
*Keith has been president for 1 year, board member for longer. It was a busy year for staff, board members, and volunteers. In February we were in a cash crunch, but with a huge response to our fundraising drive around ~$60k donated. Our budget now is in a much better spot. These finanical pressures were 2-3 years in the making. These year we aim to have an operational cash cushion in March (when our reserves are typically lowest). We get a casino every 2 years, next one in mid-2025. | *Keith has been president for 1 year, board member for longer. It was a busy year for staff, board members, and volunteers. In February we were in a cash crunch, but with a huge response to our fundraising drive around ~$60k donated. Our budget now is in a much better spot. These finanical pressures were 2-3 years in the making. These year we aim to have an operational cash cushion in March (when our reserves are typically lowest). We get a casino every 2 years, next one in mid-2025. | ||
16 board members have joined this year, and many have not been able to continue due to life circumstances or the workload that the board entails. Staff have been putting in a huge amount of work also. Changes this year include losing our executive director and board becoming an operational board; closed south shop and consolidated to North side (with a storage space downtown). Keith is proud of the work that has gone into making those changes successful. We | *16 board members have joined this year, and many have not been able to continue due to life circumstances or the workload that the board entails. Staff have been putting in a huge amount of work also. Changes this year include losing our executive director and board becoming an operational board; closed south shop and consolidated to North side (with a storage space downtown). There is an expanded area downtown for bike sales, and added a storage space downtown. Keith is proud of the work that has gone into making those changes successful. We are also decreasing our paid bike-building, so there may be fewer bike sales depending on how volunteers can respond to that. Revenue numbers from recent months have been good, and there have been operational advantages to consolidating to one shop, for example fewer walk-ins have to be turned away. For example September bike sales are $10k this year from $5k last year. | ||
*We remain in union negotiations-- had negotiations in November with previous ED Greg and in May with the bargaining committee of the board-- and we will be asking one of the new board members today to join the committee. We understanding that membership expects us to get this done. Scheduling with the union has been a barrier. | |||
*And finally we have cycling caps for sale today! | |||
=== Treasurer's Report === | === Treasurer's Report === | ||