2010 Financial Update
By Barbara O'Hare, Secretary-Treasurer
AAPOR remains financially healthy, with operating revenues as of
November 30, 2010 exceeding budget by $92,420. Our very successful
Annual Conference netted $172,913, compared to $121,013 in 2009. Our
operating investments are strong in spite of the down market, and
totaled $728,068 as of November 30, 2010. We have established a good
working relationship with the staff at our new association management
company Sherwood, and we have benefited from their attention to
The market value of the endowment investments as of the end of November 2010 was $201,503. During the year, the Endowment Committee has reviewed the history of the funds, and has clarified donor intent. For 2011, the committee is planning the next steps in fundraising in response to the strategic plan.
Our financial health and the updated strategic plan provide
opportunities for AAPOR to enhance and expand its initiatives. The
Executive Council is taking action on opportunities, and will continue
to do so in 2011.
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