B O M A B R I T I S H C O L U M B I A Y E A R I N R E V I E W 2 0 1 2 F INANCIAL REPORT
2012 Revenue & Expense BOMA
REPORTEDMANYACCOMPLISHMENTS in 2012 and did so within the approved
budget.An excess of $159,248 revenue over expenses was
reported by the Auditor with net revenue at $659,554 and $500,306 in expenses. BOMA BC net assets increased from $1,042,953 in 2011 to $1,202,201 in 2012. This includes the Operating Account as well as the General Reserve Fund of $267,975; Advocacy Fund of $75,000; and Special Initiatives Fund of $50,000. BOMAcontinues tomeet its obligations under the SocietyAct and providesmember services while maintaining a healthy financial position.
R E V ENUE Membership Fees
Education&Seminars (net revenue) Events (net revenue)
LuncheonMeetings (net revenue) Publications (advertising) Affinity Programs Buildex
BESt Environmental Program (net revenue) Interest
Energy Program /Miscellaneous Total Revenue
E X P ENS E Office Rent
Wages&Benefits Administration&Services
Office Equipment&Amortization Professional Fees
BOMA Canada Fees Advocacy
Reserve Contributions Governance &Meetings
BOMA BESt Development&Promotion Total Expenses
Excess (Deficiency)…
Full audited statements are available at…
www.BOMA.BC.ca 2012
$ 413,224 27,639 11,641 12,753 6,615
20,035 27,223 60,453 16,135 63,836
$ 659,554 $ 50,077
261,286 48,700 11,359 24,286 58,094 4,165 0
26,139 16,200
$ 500,306 $ 159,248 $ $ $ $ 2011
404,453 44,719 39,349 10,292 10,445 17,008 24,104 34,218 14,554 55,696
654,838 52,403
246,654 58,637 9,815
31,228 57,263 22,430 27,429 28,056 10,464
554,379 $ 110,459
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