COVID-19 and Trade Associations: The Impact So Far

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Given shut down orders, social distancing, and travel restrictions, trade associations are facing extraordinary financial losses due to in-person event cancellations.   Further losses are being experienced in dues revenue as members look for ways to reduce their own expenses.  According to the Professional Convention Management Association, conferences and events account for an estimated 35 percent…

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Trade Associations, COVID-19 and the CARES Act

Read about how cares-act can help trade-associations.

We know there isn’t any industry unaffected by COVID-19.  That said, there’s been little discussion of the impact of the pandemic on trade associations.  Trade associations are known for their role in providing information, support, advocacy, and training to industry members and to the professionals employed in those industries. They provide important information and resources,…

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How COVID 19 Changed the Financial Operations of Non-Profit Organizations

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As COVID 19 changes the economic landscape in the United States, many non-profit organizations are experiencing dramatic changes in their operations, financial security and future plans.  At the same time, these organizations see a greater need for their services, both in the near term and throughout recovery. As events are cancelled, including fundraisers, annual meetings,…

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