Dues Increase Letter:

NAPM-CF has been proud to continue offering the membership affordable dinner pricing and reasonable seminar and educational opportunities for the past 30 years.  From time to time it has become necessary to increase dues to match expenses and this year, the Board of Director’s feels that an additional costs is necessary to maintain our quality of offerings.

Since 1996, NAPM-CF has continued to function on the same budgeted amount and with increases of costs imposed on us from many areas, we are finding it to be very challenging.  In order to continue to offer the dinners and seminars at the same affordable pricing, we must ask that you, the member, vote for an increase.  ISM has notified us that they will be charging us an additional $10.00 per member to be reflected on the invoice which will be sent out in November for a January due date.

Our By Laws provide for our local affiliate to automatically pass on any national increase of dues.  The Board of Director’s feel that an additional $10.00 will be needed to maintain the quality and costs in providing quality, professional, educational opportunities.  The BOD has approved and is requesting an agreement from the membership to increase the local annual dues by an additional $10.00 for a total increase of $20.00.  Without this, we will be forced to pass on additional expenses or reduce offerings.

If approved, ISM, beginning in November, will invoice you for $160.00, (Associates, $60.00).  From that amount, $110.00 is retained by ISM for dues and billing. The remaining $50.00 is returned to NAPM-CF for our budget.  Based on our current, total membership of 281, it would equal $14,050.00.

Our Seminar budget cost is $18,050.00. The Spring Conference cost is $7,400.00, the newsletter, 4 hard copies per year, $1,200.00, and the dinner costs beyond receipts is expected to be $800.00. The Operating Budget is supplemented by $21,870.00 in estimated receipts from the Reverse Tradeshow, Golf Outing, Seminars, and Conference fees.  The bottom line is, with the dues increase, budgeted expenses and the hoped for revenue, we have a zero based budget.