Important Notice: TESL NS Financial Restructuring

teslns-logo-web_colourImportant Notice: TESL NS now a Non-profit Organization – Financial Restructuring

TESL NS has corrected its status to a non-profit organization from a charity. This is due to a 2016 CRA revocation of TESL NS’s charitable status. After years of lengthy discussions and appeals with the CRA, tax accountants, tax lawyers, and the TESL NS board, the outcome has been a mandatory disbursement of all assets to a registered, arms-length charity. As a silver lining, bringing the TESL NS balance to zero dollars meant a very large donation of over $36,000 to the Halifax Refugee Clinic.

This new financial and organizational status does not change the mission of TESL NS – supporting the profession of English language teaching in Nova Scotia. The elected board will continue to serve the membership and the planned conferences for 2019 will go ahead. Members are invited to an information and discussion session on this issue at the Spring Conference on May 25.

For the full report,  read the letter from the TESL NS President.

 

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