GDA Action September 2019

September 2019 • 35 STRONG F INANCI A L MANAGEMENT/ ORGANI Z AT I ONA L STAB I L I T Y GDA f inancial performance is strong, and the associat ion is on track to f inish 2019 above budgeted net income. The associat ion is again expected to set aside capital and operat ing reserves that exceed the amount indicated in the strategic plan at the end of this year. In 2017–2018, $441K was set aside in reserves, exceeding strategic plan goals for reserves by 22 .5%. 2019 Convent ion & Expo 380 Dentists/dental students 89 Dental team members 97 Booths (Sold out exhibit hall!) 1,227 Total attendees In 2019, the GDA Convention continued to grow, reaching record attendance by dentists, dental students, and dental team members. The total number of attendees was 1,227, including 380 dentists/dental students and 89 dental team members. Revenue Growth $0M $0.5M $1M $1.5M $2M $2.5M $3M $3.5M $4M 2016 2017 2018   Membership dues    Insurance services    Annual convention    Royalties    Other Strong Financial Performance 2017–2018 Reser ves Goal $360K Actual $441K 22.5% Above goal