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Old 10-31-2018, 10:42 AM   #43
Bingo
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Join Date: Dec 2001
Location: Calgary
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Quote:
Originally Posted by SuperMatt18 View Post
Doesn't seem to be the case TBH. According to the Annual Report:

$538k expenses for the year.

61% of that is event/fundraising costs > $328k
20% of that is Professional/Administrative > $108k
13% of that is Fernie Rink Construction > $70k
6% of that was advertising > $32k

Doesn't feel like $108k is excessive costs for professional staff and administrative to me.
So this is likely heading for two results

Money is going somewhere "good"
They haven't been visible enough in how they handle the money
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