Organization Sees Increase Over Previous Year’s Financial Results
News from Hospice Niagara
Posted June 17th, 2016 on Niagara At Large
St. Catharines, Ontario – Hospice Niagara’s Board of Directors approved the FY2015/16 Annual Report, with Members approving the Audited Financial Statement at the Annual General Meeting held on June 16th, 2016. Hospice Niagara ended this fiscal year with a net surplus of $33,007, a significant improvement from the prior year’s deficit of $19,293.
“It has been an amazing year for Hospice Niagara,” observes Richard Williamson, Treasurer of the Board of Directors. “The fiscal year ended significantly better than the previous year due to stringent management of expenses and an increase in fundraising efforts.” He adds, “Financial support from the community and government sources must continue to provide financial stability in order for Hospice Niagara to maintain the level of care needed in our community.”
“The common thread that binds Hospice Niagara’s work is extraordinary people,” says Lori Watson, Board Chair. “We thank our Board member volunteers – Colleen Falco, Dolorese Bujold-Wright and Mary Mizen – who have fulfilled their terms and are pleased to announce the appointment of new Board members Fran Geike, Brenda Hookings and Roger Heise.”
Fran Geike retired from the McMaster Regional Campus where she was the Regional Program Administrator, with significant human resources experience.
Brenda Hookings retired from her position as Manager with the LCBO overseeing the operation of a $20 million dollar retail outlet, with significant human resources and fundraising experience.
Roger Heise is the owner of Peninsula Alloy Inc. in Stevensville. Roger is an Electrical Engineer with a MBA with more than 30 years of strategic and financial planning, accounting, human resources and Board experience.
John Trivieri filled the position left vacant mid-year by the resignation of Frank Vassallo. The Board also approved the return of Sheryl Wherry for one term and Lori Watson as past chair for one term.
“I look forward to working with our board members, staff and volunteers as we continue to guide the organization in delivering on our vision of providing exceptional and compassionate care to everyone, everywhere and every time in Niagara,” says Carol Nagy, Executive Director, Hospice Niagara.
Recently, Ontario announced its commitment to strengthen access to palliative and end-of-life care through a proposed to investment of an additional $75 million over three years. As a first step, the province is increasing hospice funding by $15,000 per adult bed. For The Stabler Centre’s 10-bed residence, this means receiving up to $150,000 over the next three years.
As the demand for services continues to grow in our region, staff have prioritized, through Hospice Niagara’s new strategic plan, key partnerships to help build sustainable palliative care and end-of-life resources into our health care system. To meet this demand, the organization continues to seek community support, as Hospice Niagara is faced with a formidable task of raising over $1.2 million to sustain its current program and services.
To that end, this Sunday, June 19th marks the Early Bird Draw for Hospice Niagara’s 5 Car Draw. Tickets are available by calling 905-984-8766, visiting The Stabler Centre at 403 Ontario Street or the Niagara Falls Rotary RibFest this weekend. Please visit 5cardraw.ca for details.
Hospice Niagara’s 2015/16 Annual Report is available at hospiceniagara.ca .
About Hospice Niagara – The organization focuses on improving the quality of life for people living with life-limiting illnesses, death, dying, grief and loss. Through a variety of programs and services, Hospice Niagara is able to provide compassionate comfort and support to families throughout the care continuum. These programs are offered at no cost to clients. For more information, please visit hospiceniagara.ca or call 905-984-8766 and stay connected through Facebook and Twitter.
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