Ottawa Construction News staff writer
The Greater Ottawa Home Builders Association (GOHJBA) treasurer reported a healthy financial balance at the association’s annual general meeting on March 6, as the association gears up for a staff leadership change by recruiting of a new executive director.
The association reported a surplus of $187,184 on revenues of $1,004,696, Ray Charron told the meeting at Dows Lake Pavilion. Expenses declined to $816,892 from $902,326 in 2016
“We’ve increased our cash position, and increased our reserves, which is great,” he said.
Charron said the association expects to have a balanced budget in 2017-18 with revenues reaching $1,248,199 compared to expenses before depreciation of $1,218,697. After depreciation is counted at $26,444, the budget would be balanced with a $3,058 surplus.
At the meeting, association president Josh Kardish outlined the progress to find a new executive director and a redesign of its organization chart. In addition to the new executive director, there will be an administration manage and a dedicated membership services manager, supported later by a full-time events co-ordinator.
Kardish said former executive director John Herbert “did an exceptional job” over 15 years as the association’s leader. “With the recent changes in the association, 2018 promises to be an exciting year,” he said.