TREASURER’S REPORT ANDY EBONA Douglas Village
Dear Tribal Leaders, NIGA Member Tribes, and our Associate Members: W elcome to wonderful Southern California and our return to Anaheim. It is my honor and privilege to serve as your Treasurer and I cannot thank the IGA membership enough for your faith in electing me to this position. This Tradeshow is another election year and I look forward to continuing my service as Treasurer. The Treasurer’s primary duty is to ensure the long- term fiscal health of the Association. When I was first elected, IGA was still under financial strain from the headquarters expansion costs. We worked through those construction financial obligations and restored IGA to financial health through a series of mortgage refinancing and consolidation of loans. Then came IGA’s next challenge to survive through the pandemic without our largest revenue generator, the Annual Tradeshow and Convention. Due to the postponement of the 2020 Tradeshow scheduled for San Diego, the Association faced enormous budgetary constraints heading into the future. It is hard to believe that it has been four years since that fateful date. I am pleased to report that our auditors at WIPFLi LLC, completed their 2023 IGA Audit and the Association received a “non-qualified” opinion from the auditors, the highest opinion accorded under GAAP. This is a strong comeback from the negative impacts the Covid-19 pandemic had on IGA’s budgets from 2020 to 2022. The IGA Membership responded to our operational needs, I worked collaboratively with IGA Staff and Officers to implement cost savings and budget cuts that ensured strong revenues through the worst of the pandemic and set the stage for FY 2023.
10 INDIAN GAMING - ANNUAL REPORT 2023
Made with FlippingBook - Online catalogs