There are several inaccuracies or inconsistencies that are being reported. The group of CCAs would like to ensure that the correct information is being shared.
The correct information is:
- Most CCAs have indicated our willingness to share financial resources to benefit other communities as indicated in our November 4 proposal.
- We have indicated our acceptance of the OneCard and Leisure Access Pass for low-income patrons.
- As non-profit societies, we cannot generate a “profit margin.” We can generate funds that are invested back into our community centre and community – which fulfils our mandate. Please read our blog post that details revenue generated at community centres.
- CCAs bring large amounts of funds into the system through grants and fundraising that the Park Board would not be able to access.
- A small number of CCAs have retained large financial surpluses because of fundraising.
- Most CCAs operate on a break-even or prudent small surplus basis, meaning we do not aim to make money off our operations, but to generate a small surplus of funds for contingency purposes or to put towards capital investment in the community centre. (Examples: Kilarney Community Centre, which has a large amount of savings that has come from a decade-long effort of fundraising to build a Senior’s Centre. Hastings also has a large sum in savings from fundraising, which has been saved over decades and is intended to add to capital funds for a new community centre – which they have been waiting to get for over a decade.)