10 Benefits Dashboards Reports
There are probably as many ways to work with dashboards to realize these benefits of critical thinking and board engagement as there are board members.
10 Step Annual Budgeting Checklist
A budget is a planning tool that reflects an organization’s programs, mission, and strategic plan.
12 Golden Rules of Nonprofit Finance
Nonprofit organizations positively impact communities and individuals by delivering essential services, providing advocacy, and fostering community development.
4 Benefits of Well Funded Reserves
Managing an association's finances and creating budgets that allow a community to preserve market values.
8 Essential Things you need to know about Reserve Funds...
While appropriately funded spending and savings accounts are crucial to a well-run association, the savings aspect of the equation can often be overlooked.
A Toolkit for Financial Advisers and Decision Makers
A toolkit for financial advisers and decision-makers operating within, or on behalf of, societies
A-Guide-to-Financial-Statements-for-NP-Orgs-CPA-of-Canada
The Risk Oversight and Governance Board of the Canadian Institute of Chartered Accountants has developed this Guide to help directors of not-for-profit organizations (NPOs) understand the financial statements of the organization...
Adopting a Values Statements
With increased scrutiny on corporate boards, many directors are taking time to identify the core principles (values) for which to govern and manage the organization.
Adopting Special Assessments
For various financial reasons, many Illinois community associations choose to fund large-scale repair projects or other major common expenses, at least in part through special assessments.
after the loan is paid off
When HUD is no longer involved, there are two schools of thought as to whether the governing documents should be amended.
An Assessment of Loan Regulations for Housing Cooperatives.
USDA’s Rural Housing Service has a loan program in place to provide assistance for rural housing cooperatives. Although the program has been available for many years, it has been used very...
An Assessment of Loan Regulations for Rural Housing Cooperatives
USDA’s Rural Housing Service has a loan program in place to provide assistance for rural housing cooperatives. Although the program has been available for many years, it has been used...
An Executive Directors Guide to Financial Leadership
Financial management is the collection of financial data, the production of financial reports, and the solution of near-term financial issues. Financial leadership, on the other hand, is guiding a nonprofit...
Annual Audits – Board Responsibilities
Securing an annual audit of the cooperative’s financial records is the responsibility of the board of directors. Because the board acts as trustee of the corporation’s assets, it is responsible...
Annual Review for Non-Profit Housing Boards
Note: additional requirements may be in place by specific funders/funding agreements
Audit Committee Checklist-
The Sarbanes-Oxley Act requires corporate CEOs (executive directors) to attest or affirm to their board of directors at least annually that every aspect of the organization is properly managed.
Audits of Nonprofit Organizations
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in...
Balance Sheet Cheat Sheet
The balance sheet – also called the Statement of Financial Position – serves as a snapshot, providing the most comprehensive picture of an organization’s financial situation.
Balance Sheet Ratios and Analysis for Cooperatives
The difference between total current assets and total current liabilities. It indicates the extent to which short-term debt is exceeded by short-term assets.
Base Capital Financing
Cooperatively owned and operated businesses face the constant challenge of obtaining sufficient equity capital to properly finance their organizations.
Base Capital Financing of Cooperatives
Management of equity capital is the most important financial activity in a cooperative. Successful management of equity requires a responsive and objective capitalization program. A base capital plan, because it...
BC-Home-Owner-Mortgage-and-Equity-Partnership-Program-Framework-2016
This program framework outlines the key elements, standards, and guidelines of the program, and defines the roles and responsibilities of BC Housing in delivering and managing the program.
Board Fiduciary Roles
With board service comes fiduciary roles. Information and orientation will help directors understand the responsibilities. (Circle the best answers.)