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Business, Professional and Trade Associations |
ODMD has served business, professional and trade associations from the beginning of its long history. Such organizations include medical, accounting, and other professional groups, specialty trade associations, advertising cooperatives, unions and chambers of commerce. Many have multiple branches or chapters.
The firm’s involvement with associations provides ODMD partners and staff an opportunity to identify problem areas specific to those organizations and to develop solutions targeted to those issues and needs. ODMD professionals are familiar with the issues surrounding membership revenue and accounting, conventions and conferences, publications and journals and accounting for member benefits. Tax issues surrounding unrelated business income from advertising and executive compensation are familiar areas as well as the problems of multi chapter governance and reporting. ODMD staff can also provide guidance in developing stronger internal controls and minimizing operational risk..
Business associations today face many challenges to the successful exercise of their mission and charitable objectives. ODMD can assist you as you navigate
- an increasingly complex economy and volatile business marketplace
- the increased difficulties surrounding member retention
- the ever increasing competition for member resources both human and monetary
Services we currently provide to business, professional and trade associations include:
Annual Reporting
Taxation
Investments
Organizational and Operational Consulting
The ODMD Not-for-Profit team is your bridge between the requirements of today’s world and your organization’s goals and objectives.
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