As a not-for-profit professional association, we are responsible to you, our members. Through dues, members provide the primary source of funding for our work, including advocacy. Members also make up the elected Board of Directors, who govern the association and carry out the fiduciary and financial responsibilities of the Association’s activities.
As the professional association for physiotherapists, physiotherapist assistants, resident physiotherapists, and physiotherapy and physiotherapy assistant students living in Ontario, we support our members through advocacy, professional development, and career support.
We influence and shape decisions that affect the profession and empower our members to provide the utmost in safe and high-quality care to all people and communities served.
Dear members,
I am pleased to report on the strong financial position of our association. As a non-for-profit our goal is to focus our efforts and invest in accomplishing our strategic objectives throughout the year. We know how important it is that every membership dollar is used effectively. That’s why we are working hard to demonstrate our accountability and transparency. We share our audited financial statements yearly at our Annual General Meeting which all members can attend. Members can also access the audited financial statements by logging in to our website.
Nonprofit financial statements are essential documents that summarize an organization’s financial activities and health over the year. These statements include key components such as the statement of financial position (balance sheet), statement of general revenue and expenses and accumulated surplus, and the statement of cash flows.
Unlike for-profit businesses that focus on net income, nonprofit financial statements reflect revenues versus expenses, aligning with our mission-driven objectives rather than profit goals.
The provision of accurate nonprofit financial statements is vital for the organization’s financial health, liquidity, and ability to further its mission. As a non-profit we are audited every year to ensure our financial health and accuracy.
Rest assured that our association remains committed to financial prudence, innovation, and member service. We are well-positioned to face future challenges and capitalize on opportunities for growth.
Thank you for your continued trust and support.
Sincerely,
Sarah Hutchison
CEO, Ontario Physiotherapy Association
OPA staff
$500K
Marketing the profession
$137K
Lobbying & consulting
$106K
Office & conference space
$78K