FINANCIAL OVERVIEW
Fortifying for the future
Through strategic initiatives and capacity building, the BCACC generated an 18% increase in revenue in 2023.
Financial Highlights
2023 brought in $3,391,522 in revenue, an 18% increase, producing a surplus of revenue over expenses. The surplus will be used to fund the transition reserve fund held for the Association once the profession is regulated.
In spite of annual inflation increases, the BCACC has not increased its membership fees in the past 18 years and the revenue increase is in line with membership growth and new membership categories introduced in 2023.
2023 Revenue by source
2023 expenses per department
Going faster, further – together
Delivering world class events and preparing for regulation.
BCACC 2023 spending focused on delivering a world class conference and projects to prepare the membership for regulation, and support regulatory modernization.