Our Services

Our Services to... 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

  • Auxiliary program controls and reporting
  • Organizational and infrastructure reviews
  • Board governance reviews and best practices
  • IT systems assessments
  • IT software and hardware selection assistance
  • Executive compensation studies
  • Program and facility financing and refinancing
  • Budgetary and cash management systems
  • Forensic consulting
  • Financial policies and procedures
  • Mergers, joint ventures and consolidations
  • Disaster recovery and business continuity

The ODMD Not-for-Profit team is your bridge between the requirements of today’s world and your organization’s goals and objectives.

[Return to Our Services]