Show me the money!
It’s been an interesting time to be Treasurer of the Greater NY Chapter these past 18 months. As the largest of the Chapters in our national organization, the Greater NY Chapter has been fortunate to have had a level of financial security over the years. This has allowed us to grow and build on our local event programming platform and expand on our other member-focused offerings – all of which are subsidized by your membership funds. Now, with over 400 Chapter members, our Board has been faced with the task of continuing to effectively manage these funds in the most difficult economic climate we have ever seen without cutting back on our member services.
You may be wondering where exactly these member fees come from, so let me explain. The National organization distributes to each Chapter $35 annually for every member who chooses that Chapter as either their primary or additional Chapter at the time of membership activation or renewal. So, when you choose to become a member of the Greater NY Chapter and/or renew your commitment, we receive $35 from your membership dues to be used for your local member services. These dues are then allocated by your Chapter Board to fund the various services we provide to you as a local Chapter member.
We are a not-for-profit organization and our mission is not to “make money” but instead to invest the money we do have wisely in order to continue to offer our members the highest level of services we can at the lowest cost possible.
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