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How to Target Reserve Levels for Associations – Webinar
October 22, 2019 @ 2:00 pm - 3:00 pm
Keeping reserves for a “rainy day” is a good practice for all associations, but how much should your organization set aside? A percentage of annual budget? Three-to-six months? Our answer is: it depends. Every association is unique and can experience unexpected circumstances that may affect its long-term financial health.
This session will focus on how to conduct a risk assessment for your association, to assist you with quantifying financial risks and opportunities. Once completed, this risk assessment aims to assist in finding the appropriate reserve level for your unique organization.
Whether you are in the initial phases of creating your organization’s reserve or re-evaluating longstanding reserve levels, this session is for you.
Email firstname.lastname@example.org to register.