* Figures should match those in application form

Transcription

1 BC Construction Safety Alliance 10-Sep-15 Date Prepared Funding Period: From Jan 1, to Dec 31, Section 1(a): BUDGET - COR ACTIVITIES 2014 (12 months) ACTUAL * COR ADMINISTRATION BUDGET * YTD (6 months) (a) (b) Total for 3 Years # Variance (b-a) Number of New COR Registrations % % Variance (b/a) Number of New OHS Certifications % Number of New RTW Certifications NA NA NA NA NA 0 Number of WorkSafeBC Initiated Verification Audits % Number of Certifying Partner Initiated QA Audits % Number of External Auditors Trained for the First Time % Number of Internal Auditors Trained for the First Time - Large Employers Number of Internal Auditors Trained for the First Time - Small Employers * Figures should match those in application form , % BCCSA COR BUDGET_Sep11 Tab: COR Budget Page 1 of 9

2 BC Construction Safety Alliance Funding Period: From Jan 1, to Dec 31, Section 1(b): BUDGET - COR ADMINISTRATION 2014 (12 months) ACTUAL YTD (6 months) (a) COR ADMINISTRATION BUDGET (b) Total for 3 Years $ Variance (b-a) % Variance (b/a) Revenue: WorkSafeBC COR Operations Funding 1,406, ,675 1,553,350 1,553,350 1,553,350 4,660, % Interest Revenue Other Revenue (list individually) ,510 20,000 8,000 8,000 36,000-12,000-60% Total Revenue 1,407, ,185 1,573,350 1,561,350 1,561,350 4,696,050-12,000-1% Compensation Expense: Salaries 558, , , , ,000 1,715,000-5,000-1% Benefits 80,013 48,648 95, , , ,000 5,000 5% Consultants & Contractors 244, , , , ,000 1,220,000-5,000-1% Other Expense: Accounting & Legal Fees 13,021 1,874 13,500 13,500 13,500 40, % Advertising & Sponsorships 86,947 32, ,000 70,000 70, ,000-30,000-30% Board Expenses 12,437 1,288 18,000 13,500 13,500 45,000-4,500-25% Building Maintenance & Repairs 1, ,600 3,600 3,600 10, % Telecommunications & Freight 13,878 8,419 18,000 16,000 16,000 50,000-2,000-11% Conference Registration and Meeting Expenses 10,723 20,814 14,500 11,500 11,500 37,500-3,000-21% Furniture & Equipment 8,705 3,688 13,500 13,500 13,500 40, % Office Supplies 15,493 7,423 15,000 11,500 11,500 38,000-3,500-23% Property Taxes & General Insurance 4,698 3,085 6,750 5,400 5,400 17,550-1,350-20% Publications & materials 37,885 21,760 45,000 56,200 56, ,400 11,200 25% Rent - Office 87,409 49, , , , , % Technology 30,355 15,149 23,000 36,000 36,000 95,000 13,000 57% Training - Staff 2, ,500 4,000 4,000 20,500-8,500-68% Travel 76,036 46, , , , ,600 8,800 8% Miscellaneous 6,481 7,476 12,850 12,850 25,700 12,850 - Total Expenses 1,290, ,096 1,573,350 1,561,350 1,561,350 4,696,050-12,000-1% Revenue less Expenses 116, , Note: Any significant expense account (>$50,000) included in budget and any significant variances (>20%) should be explained in Section 5 below. BCCSA COR BUDGET_Sep11 Tab: COR Budget Page 2 of 9

3 Section 2: RESERVE FUND - COR 2014 Opening Balance 195, , ,338 Drawdown (-) Add Surplus Retained in Reserve Fund 156,319 36,635 Additional Funds Requested Ending Balance 351, , ,338 Describe the reason(s) for any drawdown of COR Reserve Fund in the current year Section 3: COMPENSATION List the top ten highest compensated positions, including consultants (who are contracted on an ongoing basis), in the following annual compensation categories: 1. Number of positions with compensation $1 $39, Number of positions with compensation $40,000 $79, Number of positions with compensation $80,000 $119, Number of positions with compensation $120,000 $159, Number of positions with compensation $160,000 $199, Number of positions with compensation $200,000 $249, Number of positions with compensation $250,000 $299, Number of positions with compensation $300,000 $349, Number of positions with compensation $350,000 and over ACTUAL 2014 Executive Director, Executive Director, Director of Operations, Director of Operations, Assit. Dir. Of Operations, Assit. Dir. Of Operations, Mger of Injury Mgmt & Mger of Injury Mgmt & Integrated Ser., COR Integrated Ser., COR Quality Assurance, COR Quality Assurance, COR Administrator/Reviewer, Administrator/Reviewer, COR ADMINISTRATION BUDGET Executive Director, Executive Director, Director of Operations, Director of Operations, Assit. Dir. Of Operations, Assit. Dir. Of Operations, Mger of Injury Mgmt & Mger of Injury Mgmt & Integrated Ser., COR Integrated Ser., COR Quality Assurance, COR Quality Assurance, COR Administrator/Reviewer, Administrator/Reviewer, BCCSA COR BUDGET_Sep11 Tab: COR Budget Page 3 of 9

4 Section 4: EXPENSE ALLOCATION - COR 1) Describe the method or formula used in the budget to allocate common expenses and/or overhead expenses shared between COR operations and COR administration or shared between the organization's head office and COR operations (e.g., based on staffing FTE or square footage of office) COR - 45% HSA - 45% TCP 8% THARRP - 2% Allocation is based on staff time. 2) List the expenses and amounts that have been allocated in (1) and included in the budget in Section 1. Salaries Benefits Accounting & Legal Fees Board Expenses Communications Furniture & Equipment Office Supplies Property Tax & General Insurance Rent - Office Technology Travel Amortization 3) Has the expense allocation method used in the budget changed from previous year? If it has changed, explain why. No changes to the expense allocation method. BCCSA COR BUDGET_Sep11 Tab: COR Budget Page 4 of 9

5 Section 5: EXPLANATION OF SIGNIFICANT EXPENSE AMOUNTS AND SIGNIFICANT VARIANCES Any significant expense account (>$50,000) included in the budget, excluding salaries, should be explained here. N/A Any significant expense account variance (>20%), including salaries, between budget and funding request should be explained here. Course revenue: 3 External Auditor Courses delivered in and one scheduled for Advertising: reallocate funds for better reporting ie conference travel moved from advertising to travel Office Supplies Miscellaneous: moved bank charge from Office Supplies to Miscellaneous Technology - increase funding (from Staff training) because of more computers and aged computer Training - Staff: reduce the amount to reflect staff usage and reallocate to other areas Section 6: APPROVAL Approved by Organization Board Chair: (signature) (name) Date Approved: BCCSA COR BUDGET_Sep11 Tab: COR Budget Page 5 of 9