Moose Jaw Pride is set to liquidate after board members discovered extensive financial liabilities totalling over $100,000.
During its annual general meeting on Sept. 18, members voted unanimously to allow the board to liquidate and dissolve the organization as soon as possible.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
A report from treasurer Kate Ballard indicated the board was not aware of the breadth of liabilities until August, as a proper financial report was not presented in 2021.Article content These grant funds have been transferred to Canada Revenue Agency for recovery, as reports were not filed to the grant agency.
In the interim, Moose Jaw Pride will not be offering any services as an entity. This includes any of the organization’s outreach or advocacy work, as well as services and community supports.Reports presented during the AGM indicate the thrift store, located on Main Street, has not been “a viable revenue-generating enterprise” for some time.Article content
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