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| *Audits were done for 2022-23 and 2023-24 financial years-- the latter is not quite completed due to some delays, the audit committee got all the information from the treasurer last week. An audit commit with 10(!) volunteer members did a really good job. The audit of the 2022-23 financial year was favourable. They did recommend exploring options for inventory tracking. | | *Audits were done for 2022-23 and 2023-24 financial years-- the latter is not quite completed due to some delays, the audit committee got all the information from the treasurer last week. An audit commit with 10(!) volunteer members did a really good job. The audit of the 2022-23 financial year was favourable. They did recommend exploring options for inventory tracking. |
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| === Shop Managers' Update === | | === Co-Directors Report === |
| * Alex: We're all here because we believe bikes make the world a better place, and we see the look in people's eyes when they understand something new about their bike. Online reviews express thanks for the teaching and atmosphere in the shop, which makes me proud. We've been running community shops in Edmonton for almost 40 years, and volunteers have always been at the heart of the shops, so thank you to everyone who has made those spaces possible. Your work matters, you make a difference in people's lives, and a big thank you this year especially for helping keep the shops running. | | * |
| * Coreen: Over the year, we helped 5000 people with bikes, parts, and repairs. Customer spent 1320h fixing their bike. Record $112,000 in bike sales (439 bikes). We sold 920 tires, 1027 tubes. Bike builders are the unseen heroes in the shop, working after-hours to build up bikes-- they tuned up almost 300 bikes, accounting for 85% of bike sale revenue. We also run events and build partnerships (Bissel Centre, Eco-Stations, etc). Right now we're sitting on more good-quality bikes than ever before. There were tune-up events throughout the summer with City of Edmonton. Winter tire program.
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| * Vaughan: The south shop closure was a big change as we've been in the neighborhood since the late 80s and in that space for almost 10yrs. It was hard, but our volunteers rose to the occassion.
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| * Alex: despite this disruption, we did flourish this summer at the downtown shop post-move, a growing sense of optimism. There is one shop, but with the off-site storage there is actually a larger and more complicated physical operation than ever before. Losing the south shop was hard, but there have been silver linings: easier to share work and become more efficient, etc. Hoping to make the shop even more useful to the community. Volunteer Appreciation party will be Friday November 27 downtown.
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| ===Questions=== | | ===Questions=== |