While the new digital economy plays an ever-expanding role in our personal lives, it is both a threat and an opportunity to the world of Associations. A new report “Digital Transformation Assessment for Associations” published by Fusion Productions/digitalNow in collaboration with Association Trends is now available for download, and it can help association executives and
Technology is rapidly changing. In the nonprofit sector, ignoring these changes is no longer an option and C-Suite executives must be leading the charge with their implementation. In May of this year, Danny Chrichton published “Technical Ignorance is Not Leadership” on techcrunch.com, an online publisher of tech industry news. Chrichton focused on what new technology means
Although trade and professional associations are granted a general exemption from federal income tax by the Internal Revenue Code (Code) – for income from activities that are substantially related to the purposes for which the association’s tax-exempt status was recognized by the Internal Revenue Service (IRS) – they nevertheless are potentially taxable for income derived
Mission Statements are often overlooked or ignored. But, if an association is operating without one, or paying no attention to what’s already in place, they’re making a critical error. A Mission Statement is what ensures an organization stays on its intended course. Is it time to reevaluate and update yours? Is your Board asking for
The tax reform signed into law in December 2017 will have a significant impact on tax-exempt organizations nationwide, substantially increasing the amount of income that may be subject to tax. It is important that organizations are acutely aware of the changes in the law and, more importantly, the changes in the amount of income that
It looks like memberships are being put to the test as of late. According to GrowthZone’s 2018 Associations Trends Survey Report, 54% of surveyed associations reported either no change or decrease of overall membership growth within their association. Similarly, 48% reported the same decrease or lack of change when it comes to new membership growth. It seems