As part of new policies to "provide transparency and accountability" to association members, CBA has produced an annual report that notes a profitable year, despite reduced income.

During the 2010 fiscal year, the association sold its Colorado Springs, Colo., headquarters and adopted a revised management model, while streamlining budgets and business processes, CBA officials said. While revenues decreased 7%, CBA cut operating expenses by 28%.

CBA Chairman George Thomsen said that there was "great hope and evidence that we are emerging from this difficult time stronger than when we entered it."

"Through all these changes, God showed great favor to CBA," he added. "He's given us a calling, and our commitment is to champion and support the mission and ministry of Christian retailers and their trading partners."

Thomsen said that this summer's International Christian Retail Show was designed to "add value for retailers and exhibitors," and October's inaugural Christian Store Day helped raise awareness and drove traffic to Christian stores. Additionally, Thomsen said that it was "an industry priority" for CBA to help enable retailers to sell e-books through their Web sites.

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