At the 2022 Tradeshow in Anaheim, the current Associate Members on IGA’s Board recommended leaving the current fee schedule in place until we move well past the pandemic. In addition, IGA staff promised a more robust Associate Member program with more defined benefits. We have started that work and there is now a dedicated IGA Membership website, but here is obviously a lot of initiatives that we are still working on and hope to roll-out for the Tradeshow. This includes job postings, RFP announcements, associate member buyer to seller individual meetings, and other projects working in conjunction with our Associate Board Members. IGA’s Associate Membership is a vital source of income and goodwill for NIGA throughout more than just the Indian Gaming community. With IGA’s Tradeshow seeking new levels of outreach each year, and the expansion of our NIGA Headquarters, it is a good time to incorporate more of our Associate Members within the structure of NIGA’s political and non-political events. Proposed 2023 NIGA Budget ( See Attached) The IGA now has solid post-pandemic financial numbers to reliably project the 2023 Proposed Budget. The 2023 IGA Tradeshow will be held in San Diego, March 27 th to March 30 th . Starting in the “Revenues” section at the top of the Proposed 2023 Budget, the expected 2023 Gross Revenues are still expected to rise by $228,000 over 2022. IGA can anticipate $7.1million in gross revenue for 2023, a number not seen since before the pandemic in FY 2020. “Expenses” highlights in the 2023 Proposed Budget IGA’s 2023 Expenses are currently estimated to be $6.4 million, an approximately $170,000 increase above 2022’s expenses. Please keep in mind that as of the date of this memorandum IGA’s 2022 expenses are only 10 months complete, but the accounting department has projected out our remaining expenses to give us a total of $6.23 million for 2022. There are only two major expenses for 2023 which account for most of the additional $200,000 increase above 2022. (+$100,000) In expenses related to salaries and new hires. (+100,000) In Travel expenses There were minor upward adjustments made to Staff and Board Travel to account for anticipated new hires, 5% COLA, and increased travel.
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