01Sources of income
The association is financed by regional and EU project grants, support from the City of Rijeka and Primorje-Gorski Kotar County, voluntary donations from individuals and local businesses, and in-kind contributions of venues, equipment and volunteer time.
02Application of funds
All income is applied to programme delivery: venue rental, instructor and adviser fees, accessible transport, printed and large-format materials, refurbished devices for the lending pool, and modest administrative costs. No member of the Executive Board receives remuneration for board service.
03Financial controls
All payments above €300 require two authorising signatures, those of the Treasurer and the President. Bank transfer is the standard method of payment; cash handling is limited and receipted. The Treasurer reports to the Executive Board quarterly.
04Annual reporting
Annual financial statements are prepared in accordance with Croatian regulations for non-profit organisations, adopted by the General Assembly, and filed with the competent authorities within the statutory deadline. Grant-specific narrative and financial reports are submitted to each funder as required.
05Public availability
The adopted annual financial statement, the activity report and the association's statutes are provided free of charge to any member, donor or verification body on written request to dickerson-theodoreg@gmx.com.
06Non-distribution
The association does not distribute profit. Any surplus at the close of a financial year is carried forward and applied to the following year's programmes for retired citizens.