NORCECA Financial Report approved by BOA
SANTO DOMINGO, Dominican Republic, June 9, 2017 – NORCECA Board
of Administration approved the financial report of the
institution corresponding to 2016 as well as its projected
budget for 2017-18.
It was a very dynamic afternoon day one session with many
members taking part in the discussions while expressing their
points of view.
The report was presented by Ms. Olga Rivas, financial manager of
NORCECA who was introduced by Alberto Arreola, president of the
Finance Commission and Wilbur Harrigan, Treasurer of NORCECA.
She was accompanied by internal account Ms Miguelina Martinez.
Ms. Rivas made a detailed explanation of the audited financial
statements of NORCECA and also made a comparative presentation
of the financial assistance received from FIVB and the
assistance the confederation is providing to the national
federations and zonal associations.
She also explained the distribution of sport equipment among all
the national federations and also the financial support for the
events of beach volleyball.
The Board of Administration also approved a new scale for annual
affiliation fee to FIVB and NORCECA based on the category of the