Finance & Planning

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.

A budget is a planning tool that reflects an organization’s programs, mission, and strategic plan.

Nonprofit organizations positively impact communities and individuals by delivering essential services, providing advocacy, and fostering community development.

Annual Report

Annual Report

Reviewing the state of Diversity, Equity, and Inclusion on Nonprofit Boards

Managing an association's finances and creating budgets that allow a community to preserve market values.

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You are the boss, but you still spend too much time on the day-to-day. Here is how to become the strategic leader your company needs.

While appropriately funded spending and savings accounts are crucial to a well-run association, the savings aspect of the equation can often be overlooked.

The shortage of affordable housing in the U.S. market has an enormous impact on the quality of life in cities, towns, and rural areas. As community leaders seek solutions to...

A toolkit for financial advisers and decision-makers operating within, or on behalf of, societies

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...

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.

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.

When HUD is no longer involved, there are two schools of thought as to whether the governing documents should be amended.

After the retreat, a summary report is prepared. Follow these steps for implementation.

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...

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...

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...

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...

Note: additional requirements may be in place by specific funders/funding agreements

Please note: This booklet is designed to provide general information about vehicle risks, based on our extensive experience in handling claims and lawsuits against nonprofit organizations.

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.