While #tradeassociations (aka a « business leagues ») are charged with advocating for their respective industries, they’re fundamentally different from the members they represent.
How so? Well, the Internal Revenue Service states that « a business league’s activities must be devoted to improving business conditions of one or more lines of business as distinguished from performing particular services for individual persons. » https://lnkd.in/eYtmj7b As such, most associations (like the EIFS Industry Members Association (EIMA) ) focus on industry-wide programs and services, such as #advocacy, #education #industrystandards, #industrystatistics and more.
Since our revenues come from voluntary contributions, we also promote transparency by making sure that things like our Federal tax returns (Form 990) are approved by our board before they are submitted to the IRS and open for public inspection.
Additionally, tax-exempt « business leagues » represent a more sizable part of the US economy than many people may realize. Here are a couple of data points from the U.S. Census Bureau.
* Business associations (NAICS 813910) are primarily engaged in promoting the business interests of their members. In 2017, they collected over $27B in dues and revenues and employed over 115,000 people.
* Professional organizations (NAICS 813920) are primarily engaged in promoting the professional interests of their members and the profession as a whole. In 2017, they collected over $22B in dues and revenues and employed over 100,000 people.
Because trade association best practices and innovations frequently apply to organizations that represent all types of industries, I find it very useful and educational to interact with leaders of other trade groups.
Consequently, I was very pleased to attend the Potomac Core - Association Consulting ‘s Strategic Guidance Lab. This group of strategic-minded association CEOs is the brainchild of Daniel A. Varroney, the head of Potomac Core and the partner that helped EIMA develop and launch its current strategic plan and governance structure. https://lnkd.in/eZQSBEFd
Today’s presentation by the Alliance For Automotive Innovation was excellent, and it was interesting to hear how other trade associations address their issues surrounding membership value, organizational impact and strategic vision.
Thanks to Dan Varroney for inviting me, and I’m glad I attended the meeting. I learned some new things and met many interesting and very capable industry leaders. It was well worth it!
An excellent Trade Association CEO Strategic Guidance Lab Meeting today! Outstanding presentation on "Applying Innovative Strategies to
Help Industries Navigate Disruption" from Dave Schwietert, Chief Government Affairs & Policy Officer, Alliance For Automotive Innovation & Judy Mulcahy, Chief Operating Officer, Alliance For Automotive Innovation. Thanks to James Viola, Vertical Aviation International for hosting. Special thanks to our CEO Attendees: Roger Atkins, NATIONAL TOOLING & MACHINING ASSOCATION, Alison Bodor, American Frozen Food Institute, Kevin Burke, Airports Council International - North America, David Chavern, Consumer Brands Association, Liz Clark, Health & Fitness Association (formerly IHRSA), Brian Crawford, Beer Institute, Maria Ghazal. Healthcare Leadership Council (HLC), Leigh Lytle, Equipment Leasing and Finance Association, Jason Lee, Home Care Association of America, @Patty Long, Railway Supply Institute (RSI) , Kate O., Polymeric Exterior Products Association (PEPA), Robert Pinnegar, Craig Purser, National Beer Wholesalers Association, Stephen T. Sears, MBA, CEP, EIFS Industry Members Association (EIMA), Shonzia Thompson, CAE, National Association of Manufacturers - NAM (Council of Manufacturing Associations), Rob Underwood, Energy Marketers of America, Brittram Wood, National Association of Landscape Professionals. #strategicthinking #roadmaps #strategicplanning #associations #CEOs #CEOmindshare
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Head of Hamburg Office at Deutsche Gesellschaft für Qualität (DGQ)
8moWe are delighted that HARTING Technology Group has been a member of Deutsche Gesellschaft für Qualität (DGQ) for many years. Thank you for your loyalty, your interest and your support! We are pleased that you share our commitment to #quality and that you have found a platform for exchanging experiences in our #network.