C3 Progress Report 2004

PARTNERS IN BUILDING

OUR FUTURE

2004 Progress Report

2 Chief Executive Officer’s Message

3 Message from Co-Chairs

4 Board of Directors

5 Climate Change Central’s Program Locations

6 Climate Change Central Overview

7 ME first!

9 Cochrane High School Solar Project

11 Alberta Furnace Replacement Program

13 Car Heaven

15 Alberta Plus Commercial Building Incentive Program

18 Integrated Manure Management System

18 NAIT Fuel Cell Project

19 Farm Water Conservation

21 Project Summaries

23 Financial Statements

CONTENTS WORKING TOGETHER ONSENSIBLE SOLUTIONS

1PARTNERS IN BUILDING

OUR FUTURE

CHIEF EXECUTIVE OFFICER’S MESSAGE

Floating a solar-powered aerator in a small waste-

water treatment pond may seem a minor victory in

the global climate change battle. But for Drayton

Valley, this simple device – purchased with the assis-

tance of a program coordinated by Climate Change

Central (C3) – represents a sizable reduction in the

town’s greenhouse gas emissions and saves

it approximately $130,000 a year in

energy costs.

It’s one of countless ways C3

broadened our activities in 2004

and helped Alberta municipalities,

companies and individuals reduce

their emissions and energy use. Our

programs led to $66.5 million in

economic development and over the next

decade will save $24 million in

energy costs.

An excellent example of this engagement was our

Furnace Replacement Program, which provided

rebates to over 4,000 Albertans for replacing old

furnaces with high-efficiency models. The net result

will be $15 million in energy savings and 90,000

tonnes of reduced emissions over the next decade.

Climate Change Central also coordinated ME first!, an

Alberta government program that in 2004 awarded

more than $5 million in interest-free loans to 20

2

Alberta municipalities for energy-efficient, emission-

reducing projects. Under the Alberta Plus Initiative,

which we funded and administered, 19 municipal

building projects received grants for energy-efficient

building design and construction.

The Alberta Plus program earned C3 an

Energy Efficiency Recognition Award from

Natural Resources Canada, one of two

federal awards we received in 2004.

Our profile was also boosted by our

conferences and workshops, research

programs and outreach activities,

and by the extensive media coverage

we received.

As has been amply demonstrated over our five

years of existence, Albertans want to be part of the

climate change solution. Our job in 2005 and the

years ahead is to help them do that.

PARTNERS IN BUILDING

OUR FUTURE

Allan Amey

President and CEO


OUR FUTURE

MESSAGE FROM CO-CHAIRS

We are proud to see Climate Change Central leading

the way, working with Albertans and making such a

significant environmental difference in this province.

We know clearly that the environment is a top

priority in the minds of Albertans. Over the past

year, for example, more than 35,000 Albertans in

some 260 communities participated in Climate

Change Central programs.

From greener buildings to cleaner-burning furnaces,

the work of Climate Change Central is helping ensure

that our environment remains sustainable and our

economy vibrant.

To quote an aboriginal saying, "We do not

inherit the Earth; we borrow it from our children

and grandchildren."

Honourable Guy BoutilierMinister of Environment

(Co-Chair)

Charles Fischer(Co-Chair)

BOARD OF DIRECTORS

The organization’s Board of Directors are experienced leaders including representatives from major industry sectors,non-government organizations,institutions,municipalities and the Government of Alberta. The Board provides direction to Climate Change Central’s strategic plans and objectives, and includes the following members:

Elaine McCoy, Q.C. Bill Hunter Anne McLellanPresident, Macleod Institute for Northern Opportunities Deputy Prime MinisterEnvironmental Analysis Facilitation Minister of Safety and(Vice Co-Chair) Emergency Preparedness

Darshan KaillyLuke Ouellette President and CEO Lewis NakatsuiMLA, Innisfail-Sylvan Lake Canadian Freightways Ltd. President(until Nov. 2004) Lincolnberg Homes Ltd.(Vice Co-Chair) Don Lowry

President and CEO David PollockBruce Beattie Epcor Utilities Inc. Executive DirectorWest Hawk Holdings Ltd. BIOCAP Canada

David Lynch, Ph.D. (through Nov. 2004)Len Bolger Dean, Faculty of EngineeringCo-Chair University of Alberta Jim PopowichAlberta Energy Research Institute President and CEO

Patricia McCunn-Miller Elk Valley Coal Corp.Paul Griss Vice-ChairCoordinator National Roundtable on the Ross RisvoldNew Directions Group Environment and the Economy President

Northalta InformationBob Hawkesworth Systems Ltd.AldermanCity of Calgary Vince Smith

Retired Past PresidentDow Chemical Canada Inc.


OUR FUTURE

Lorne Taylor,Ph.D.Minister of Environment(until Nov. 2004)(Co-Chair)

PREMIER RALPH KLEIN(Executive Chair)

Charles FischerPresident and CEONexen Inc.(Co-Chair)

ALLAN AMEY(President & CEO)

Guy BoutilierMinister of Environment(from Nov. 2004)(Co-Chair)


OUR FUTURE

CLIMATE CHANGE CENTRAL PROGRAM LOCATIONS ALBERTA 2004

CLIMATE CHANGE CENTRAL OVERVIEW

Global climate change represents a significant

challenge to Alberta’s resource-based economy

and our future quality of life. But it also offers an

important opportunity for Albertans to turn a major

environmental challenge to their advantage.

Climate Change Central (C3) was created in 2000

after the Alberta Government brought together

leaders from Alberta’s private and public sectors to

discuss climate change challenges. C3 was

established as a not-for-profit organization to build

links between businesses, governments and other

Alberta stakeholders interested in reducing

greenhouse gases. In 2003, C3 created Energy

CLIMATE CHANGE CENTRAL’S VISION IS THAT ALBERTA, AS AN ACKNOWLEDGED

WORLD LEADER, ACHIEVES ZERO NET GREENHOUSE GAS EMISSIONS WHILE

ENHANCING THE PROVINCE’S ECONOMIC PERFORMANCE, QUALITY OF LIFE AND

ABILITY TO ADAPT TO CLIMATE CHANGE.

Solutions Alberta (ESA) to encourage Albertans

to take action on energy efficiency and

conservation.

C3 provides analysis, engagement and policy

advice; promotes innovation by exchanging

knowledge, ideas and best practices; offers

outreach services; and celebrates Alberta

successes in addressing climate change issues.

Our areas of focus include energy efficiency and

conservation, offsets development and industry

outreach, sustainable transportation, renewable

and alternative energy, and adaptation.


OUR FUTURE


OUR FUTURE

COMMUNITIES CASH IN ON SAVINGS

The Municipal District of Willow Creek faced a big

operating headache: running a 70-year-old

municipal complex that was heavily used but worn

out. So the Claresholm-area district jumped at the

chance for an interest-free loan to help finance a

new, energy-efficient replacement.

“Every new building should be energy

efficient if any long-term thought is

put into it,” says Cynthia Vizzutti,

the district’s chief administrative

officer. The new complex

features efficient heating and

cooling systems, external insula-

tion and in-floor radiant heating

– adding up to $5,600 a year in

energy savings. “The ratepayers are

so thrilled they put up a sign in front of

the building saying they funded it.”

Assisting the project was a $208,000 interest-free

loan from ME first! Funded by the Alberta govern-

ment and administered by Alberta Municipal Affairs,

Alberta Environment and Climate Change Central,

ME first! is a four-year, $100-million program to

encourage Alberta municipalities to reduce

greenhouse gas (GHG) emissions and increase

energy efficiency.

Launched in 2003, the program awarded more than

$5 million in interest-free loans to 20 municipalities

in 2004, resulting in projected energy savings of $6.3

million and GHG reductions of 80,000 tonnes over

10 years. Loans approved in 2004 range from $2.5

million to help Edmonton install traffic signals with

light-emitting diode (LED) lamps to $3,500 to allow

the Village of Strome to retrofit pump house

shop heaters.

With a ME first! loan, Spruce Grove

undertook an extensive renovation

of its 25-year-old city hall. An

innovative design improved

insulation and air flow, allowing

air conditioning to be removed

and helping reduce energy

consumption by up to

35 per cent.

The Town of Westlock was so

enthused about the program that it

applied for two interest-free loans. One was for a

control system that automatically adjusts the ice

temperature in the town’s arena for different uses,

saving some $8,000 a year in operating costs. The

other was for a swimming pool dehumidification

system, which is projected to save $36,000 a year

by capturing and reusing pool heat.


OUR FUTURE

ME first! - a Municipal Energy efficiency assistance program

Left and above: Spruce Grove City Hall


OUR FUTURE

THE SKY’S THE LIMIT FOR STUDENTS


OUR FUTURE

COCHRANE HIGH SCHOOL

SOLAR PROJECT

Cochrane High School students are now basking in

the sun, after a team of 14 students and two teachers

installed 30 solar panels and one wind turbine on the

school roof in 2004. The project, partly funded by

$5,000 from Climate Change Central, earned the

praise of environmentalist David Suzuki and Alberta

Environment Minister Guy Boutilier, who both

attended the project’s dedication ceremony.

But things weren’t always so bright. Teacher

Stephanie Bennett remembers when the project

bank account wouldn’t budge beyond the $100 she

had donated. “I published an article in the school

newsletter three times without any response,” she

says. “I was starting to get nervous.”

That’s when the team of students forged ahead,

raising $47,000 over five months, surpassing their

goal by $7,000. They focused on solar energy to make

it more mainstream and financially viable. “The only

way to improve and encourage solar technology is by

investing in it,” says Bennett.

This ambitious group is now looking at powering the

football scoreboard with solar panels. “We’re starting

to change the way this town thinks,” says Grade 12

student Tristen Cones,“and we’re going to keep that

in motion.”

Left: Part of Cochrane High School’s solar team | Right: Tristen Cones

BIG INVESTMENT EQUALS BIG SAVINGS


OUR FUTURE

“The response was overwhelming and indicated a

big pent-up demand from Albertans for high-effi-

ciency furnaces,” says Simon Knight, director of ESA,

the energy efficiency office of Climate Change

Central, which funded the program along with

Natural Resources Canada’s Office of Energy

Efficiency and furnace manufacturers.

“We received more than 10,000

phone calls from interested

Albertans and our website reg-

istered more than 26,000 hits.”

Because of the rebate pro-

gram, participating Albertans

will, over 10 years, reduce their

collective heating costs by some

$15 million and cut their green-

house gas emissions by 90,000 tonnes,

while shielding themselves from increasing

natural gas prices. The average age of the replaced

furnaces was 28 years.

“I’m not frightened to open my gas bill anymore.”

That’s the relief Val Johnstone feels every month

since using an Energy Solutions Alberta (ESA) rebate

to purchase a new, high-efficiency furnace to replace

her ancient, energy-gobbling dragon.

“The $400 rebate they were offering

was enough to push us to a high-

efficiency model,” says the Calgary

homeowner. The purchase paid

instant and dramatic dividends,

dropping Johnstone’s gas bill

from $267 in April of 2003 to

$76 in April of 2004.

Johnstone was one of more than

4,000 Albertans in 250 communities

who received rebates of up to $400 for

purchasing high-efficiency furnaces under the

$1.5-million program, which ran from January to

March of 2004. Indeed, an estimated 75 per cent of

all the replacement furnaces purchased in Alberta

during the program were high-efficiency models,

compared with 25 per cent normally.


OUR FUTURE

ALBERTA FURNACE REPLACEMENT PROGRAM

Left: Val Johnstone’s Calgary bungalow | Above: Val Johnstone with her daughter


OUR FUTURE

MATCH MADE IN HEAVEN

CAR HEAVEN

For Stephanie Genereux, the decision to let her 1990

Buick LeSabre rest in peace, rather than continue to

pollute Calgary’s skies, just made sense. So she

donated her clunker to Car Heaven Alberta, which

scraps and recycles older vehicles in exchange for six

months of transit passes or a bicycle credit of up

to $300.

“I initially listed the vehicle in the Bargain Finder but

felt Car Heaven was more worthwhile both economi-

cally and environmentally,” says Genereux, who now

uses the transit passes to commute to and from

downtown Calgary.

Car Heaven Alberta, co-sponsored by Climate Change

Central and the Clean Air Foundation, targets vehicles

13 years of age or older because they produce 30

times more air pollutants and 10 per cent more

greenhouse gas (GHG) emissions than a new car.

Since the program was launched in Calgary and

Edmonton in 2003, more than 750 vehicles have been

taken off the road and recycled, removing more than

28,000 tonnes of GHGs over 10 years.


OUR FUTURE

Above: Stephanie Genereux

POLICE CONSERVE AND PROTECT


OUR FUTURE

Police stations usually consume lots of energy for

such things as surveillance, back-up power and

double-heating systems. But Edmonton’s new

Millwoods Police Station is an energy miser, saving

taxpayers more than $30,000 a year in operating

costs, thanks to a Climate Change Central program

to encourage energy-efficient building design

and construction.

The police station features low-flow

toilets flushed with grey water

from sinks and showers, an

ENERGY STAR® boiler, lots of

natural lighting and energy-

efficient lights and windows.

“We really hopped on the

energy-efficiency bandwagon

with this building,” says Michael

Schneider, project officer with the

City of Edmonton. “We even installed

charging stations for electric vehicles.”

The Millwoods Police Station is one of 19 Alberta

municipal building projects to receive grants under

the Alberta Plus Initiative, funded and administered

by C3’s Energy Solutions Alberta. Over the next

decade, these projects are expected to save some

$2.75 million in energy costs and reduce greenhouse

gas emissions by 24,000 tonnes.

The program, which ended in June 2004, funded

energy-efficient projects ranging from schools in

Calgary and Banff to a seniors’ centre in Vegreville.

Because of its grant, the Foothills Advocacy in

Motion Society’s building in High River is now the

most energy-efficient commercial building in

Alberta, slashing its energy consumption by 64 per

cent and thus saving some $5,000 a year.*

The Alberta Plus program has earned

Climate Change Central an Energy

Efficiency Recognition Award from

Natural Resources Canada’s

(NRCan) Office of Energy

Efficiency.

NRCan’s Commercial Building

Incentive Program (CBIP)

provides up to $60,000 for

energy-efficient building

projects. The Alberta Plus grant

added a maximum $40,000 grant,

providing total funding of up to $100,000

for commercial building designs that are at least 25

per cent more energy efficient than the Model

National Energy Code for Buildings in Canada.


OUR FUTURELeft and above: Millwoods Police Station *Compared to standard building construction.

ALBERTA PLUS COMMERCIAL BUILDING INCENTIVE PROGRAM


OUR FUTURE

ALTERNATIVE TECHNOLOGIES

INTEGRATED MANURE MANAGEMENT SYSTEM (IMUS)

Most people see cow manure as a smelly, environ-

ment-fouling mess. A new pilot project near

Vegreville is instead converting it into a bountiful

provider of energy, soil nutrients and water.

Manure from about 10,000 cattle at the Highland

Feeders feedlot is being anaerobically digested to

produce methane, which is used to power a one-

megawatt Combined Heat and Power unit. Electricity

produced by the unit – enough to meet one quarter

of Vegreville’s 5,400-person needs – is sold to the

grid. Generated heat feeds the digesters, which pro-

duce solids used in bio-based fertilizers and water for

irrigation and dust suppression.

“The goal is to treat manure as a resource rather than

a waste”, says Paul Hunt, Vice President of Climate

Change Central, a partner in this Integrated Manure

Management System (IMUS) project, conceived in

2002 and launched in mid-2005. “This process

reduces greenhouse gases because the manure is

processed, rather than spread on fields, and because

the energy that’s created is not derived from burning

fossil fuels.”

The anaerobic digestion process also significantly

reduces odours and eliminates the risk of pathogens

contaminating surface and ground waters.

Commercialization of IMUS could thus help alleviate

concerns related to the growth of intensive livestock

operations in Alberta.

NAIT FUEL CELL PROJECT

The Northern Alberta Institute of Technology (NAIT)

has installed Canada’s first high-voltage operating

fuel cell, which generates 200 kilowatts of efficient

power, with drastically-reduced greenhouse gas

emissions. Climate Change Central donated

$150,000 to an associated interpretive centre, which

opened in 2004.

The phosphoric acid fuel cell, which is being

incorporated into NAIT’s education program,

produces eight per cent of the Edmonton post-

secondary institute’s electricity. Waste heat is also

used to increase the temperature of water feeding

the boiler system, showers and pool, accounting for

12 per cent of NAIT’s thermal energy use.

“New technology needs to be accepted and under-

stood before it’s widely adopted,” says C3 Vice

President Simon Knight. “This was our chance to be

part of the first industrial application of fuel cells in

Canada and help create public awareness about

their benefits.”


OUR FUTUREUpper left: IMUS plant, near Vegreville, Alberta (Photo: Mike Kotelko) | Lower right: NAIT’s Fuel Cell interpretive centre | Above: Compost pellets from treated manure

PIGS SPILL LESS WATER


OUR FUTURE

FARM WATER CONSERVATION

Dennis McKerracher is soaking up the savings after

installing a device that cuts his pigs’ water use by

more than 30 per cent.

Working with Climate Change Central, the Canadian

Pork Council and Alberta Pork, the High River hog

producer is testing a new water-efficient

drinking device for his pigs.

Conventional devices release water

when pressure is applied. But with

a ball-bite drinker, a pig must

close its mouth around the

device to get water, resulting in

far less spillage, according to

trial results.

“I never imagined changing a

drinker would have such a positive

impact on my bottom-line,” he says. “By

installing the meters to run the tests, I now notice

even the slightest increase in water consumption.

This enables me to react faster than I previously could

to any environmental, health or technical issue affect-

ing my pigs’ water needs.”

The study is also examining the capital and labour

costs of the ball-bite drinker and is monitoring the

density and nutrient composition of the pigs’

manure. Says McKerracher:“If you can reduce water

volume without compromising performance, who


OUR FUTURE

wouldn’t want to save money and reduce their

environmental impact?”

McKerracher’s greenhouse gas emissions are

also dropping because the reduced water

demand means less energy is used to treat

and pump water.

Left and above: Dennis McKerracher’s hog operation near High River | Right: Ball-bite drinker

PROJECT SUMMARIES

ENERGY EFFICIENCY

Sustainable Buildings and Communities – C3

helped form the Alberta Green Building Council

chapter, which encourages home builders, architects

and land developers to use energy-efficient design

and building practices. We helped form and organize

the Sustainable Building Symposium. C3 helped

promote Leadership in Energy and Environmental

Design (LEED) and co-funded a green mortgage

study for new energy-efficient houses. C3’s Energy

Solutions Alberta became a member of the Net Zero

Energy Coalition and the Green Roofs for Healthy

Cities network. ESA also helped fund a plan for a

108-acre eco-industrial park in Hinton.

One-Tonne Challenge – Climate Change Central is

the federal government’s Public Education and

Outreach Hub for Alberta. In this role, C3 is coordinat-

ing the federal One-Tonne Challenge in Alberta. C3

has developed an easy-to-use emissions-tracking

system to help Alberta individuals and employees

meet the challenge of reducing their greenhouse gas

emissions by one tonne per year.

Seasonal LED Light Promotion – Energy Solutions

Alberta partnered with Natural Resources Canada to

fund LED Christmas light displays and promotional

materials in Edmonton, Calgary, Lethbridge and

Red Deer.


OUR FUTURE

Sponsorships – Eco-Solar Home Tour, Climate

Change Show at the Calgary Science Centre, Mow

Down Pollution, Cochrane High School Solar Project,

Sustainable Building Symposium, Emerald Awards

and City of Calgary Mayor’s Environmental Expo.

ALTERNATIVE ENERGY

District Heating – C3 helped fund the design of dis-

trict heating systems in two Alberta communities. In

Okotoks, C3 is supporting the development of a 52-

home demonstration project that incorporates solar

energy collection, underground storage and district

energy supply. Vulcan is proposing a district heating

project that would distribute thermal energy – from

solar, biomass and natural gas – via an underground

pipeline.

Sponsorships – Pollution Probe’s Green Power in

Canada workshops.

OFFSETS AND INDUSTRY OUTREACH

Emissions Offsets – Climate Change Central helped

create, and is the secretariat of, the National Offset

Quantification Team, which provides policy analysis

and protocol development for emissions offsets in

Canada. C3 is actively involved in the federal Pilot

Emissions Removals, Reductions and Learnings

(PERRL) program, which purchases greenhouse gas

emission reductions from industry and municipalities.

ADAPTATION AND OTHER

Research – C3 funded the University of Lethbridge’s

research chair in climate change and Prairie

Adaptation Research Collaborative’s (PARC) continued

research in adaptation, including a workshop

on drought.

CASA Subgroups – C3 continued to serve on the

Clean Air Strategic Alliance’s (CASA) subgroups to

make recommendations to reduce emissions from

electrical generation in the province.


OUR FUTURE

Acid Gas Reinjection – C3 helped support a project

to estimate the potential greenhouse gas reductions

Alberta could achieve by permanently storing acid

gas in geological formations.

Industry Outreach – C3 hosted a lunch-hour speaker

series, updating business leaders on the latest climate

change policy developments. We developed in sight,

a subscription newsletter highlighting climate change

policy, technologies and corporate actions.

TRANSPORTATION

Alberta Fleet Challenge – Climate Change Central, in

partnership with Natural Resources Canada, is coordi-

nating a program to encourage light-truck fleet oper-

ators to cut their fuel bills by 15 per cent or more.

From choosing the right size of trucks to improving

driver education and reducing idling, Alberta Fleet

Challenge provides resources and hands-on

assistance to participating fleet managers.

Shifting Gears Conference – In June, Climate

Change Central hosted a two-day conference on

transportation strategies for Western Canada’s

municipalities dealing with the growing impacts of

transportation loads on roads, land-use planning,

greenhouse gases and smog.

Other Initiatives – C3 co-sponsored eMissions

Alberta, which converted commercial vehicles to

natural gas in the Town of Banff; continued to support

a program to reduce vehicle idling in Alberta; and

contributed to Rideshare Week and Let’s Drive Green.


OUR FUTURE

2004 CONDENSED FINANCIAL STATEMENTS

December 31 RESTRICTED FUNDS TOTAL TOTAL

GENERAL FUND OPERATING FUND PROGRAM FUND

2004 2004 2004 2004 2003

ASSETS

Current

Cash

Marketable securities

Accounts receivable

Prepaid expenses

Property and equipment

LIABILITIES AND FUND BALANCES

Liabilities

Current

Accounts payable

and accrued liabilities

Fund balances

Invested in property and equipment

Unrestricted fund balances

Restricted fund balances

Approved on behalf of the Board:

“C.W. Fischer” “D. Kailly”

Director Director

Climate Change Central’s audited financial statements are available by visiting www.climatechangecentral.com.


OUR FUTURE

STATEMENT OF FINANCIAL POSITION

$ -

-

-

-

-

-

$ -

$ -

-

-

-

-

$ -

$ 393,315

153,004

230,006

13,708

790,033

183,037

$ 973,070

$ 126,347

183,037

-

663,686

846,723

$ 973,070

$ 684,520

677,488

140,168

-

1,502,176

-

$ 1,502,176

$ 339,702

-

-

1,162,474

1,162,474

$ 1,502,176

$ 1,077,835

830,492

370,174

13,708

2,292,209

183,037

$ 2,475,246

$ 466,049

183,037

-

1,826,160

2,009,197

$ 2,475,246

$ 211,310

3,895,258

105,764

28,756

4,241,088

228,399

$ 4,469,487

$ 275,303

228,399

1,250

3,964,535

4,194,184

$ 4,469,487

For the year ended December 31 RESTRICTED FUNDS TOTAL TOTAL

2004 2003

REVENUE

Provincial grants

Federal government support

Conference fees and sponsorships

Other income

Interest income

Total revenue

EXPENDITURES

Energy efficiency and

conservation incentives

Contracts, wages and benefits

Wages and benefits

Contracts

Professional fees

Board governance

Honoraria

Meeting expenses

Premises operations

Rent

Utilities

Business taxes

Repairs and maintenance


OUR FUTURE

STATEMENT OF OPERATIONS

GENERAL FUND2004

OPERATING FUND2004

PROGRAM FUND2004

$ -

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

$ 2,000,000

1,782

-

1,509

11,677

2,014,968

75

1,106,247

103,728

116,833

1,326,808

114,223

8,004

122,227

118,454

1,170

4,948

8,002

132,574

$ 500,000

1,161,602

102,095

8,252

25,414

1,797,363

2,122,383

664,995

410,191

51,499

1,126,685

-

-

-

72,653

848

3,342

133

76,976

$ 2,500,000

1,163,384

102,095

9,761

37,091

3,812,331

2,122,458

1,771,242

513,919

168,332

2,453,493

114,223

8,004

122,227

191,107

2,018

8,290

8,135

209,550

$ 2,750,000

74,676

148,904

-

85,049

3,058,629

80,000

1,219,759

1,056,835

289,128

2,565,722

117,045

6,935

123,980

189,377

3,967

6,379

9,612

209,335

General and administration

Sponsorships

Travel expenses

Telecommunications

Technical support

Leasing

Insurance

Conferences and training

Licenses and permits

Journals, subscriptions,

research and memberships

Office administration

Public education

Amortization

Total disbursements

Excess (deficiency) of revenue over expenditures


OUR FUTURE

STATEMENT OF OPERATIONS (CONT’D)

For the year ended December 31 RESTRICTED FUNDS TOTAL TOTAL

2004 2003GENERAL FUND

2004OPERATING FUND

2004PROGRAM FUND

2004

$ -

-

-

-

-

-

-

-

-

-

-

-

-

-

$ -

$ 22,764

63,213

46,113

53,441

9,675

23,662

29,210

483

12,602

17,334

59,716

121,347

459,560

2,041,244

$ (26,276)

$ 97,446

60,312

32,707

59,572

5,923

12,448

88,500

772

49,866

24,943

197,541

-

630,030

3,956,074

$ (2,158,711)

$ 120,210

123,525

78,820

113,013

15,598

36,110

117,710

1,255

62,468

42,277

257,257

121,347

1,089,590

5,997,318

$ (2,184,987)

$ 209,684

115,714

48,026

125,501

84,194

15,957

84,185

4,502

28,134

51,325

130,124

102,676

1,000,022

3,979,059

$ (920,430)

Printed on recycled paper

C3 Progress Report 2004

Documents

Transcript of C3 Progress Report 2004