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From the Annual Membership Meeting: A State of the Organization

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By Sheryl S. Jackson

"Transparent and accessible" is how Audrey Dillard Hines, chairperson of the NBMBAA Board of Directors, described how association board members want their role to be within the association, as she welcomed members and introduced board members at the annual membership meeting."Our job is to help our association be the association you want it to be," she said.

John Peoples, NBMBAA board treasurer, followed with a financial report that recapped the challenges faced by the association and the positive results experienced in 2012 to increase net assets over 2011. While controlling expenses, the association has also decreased outstanding liabilities and he added, "We are positioned for a favorable outlook for 2013."

Interim President and CEO, Jesse J. Tyson presented the State of the Association report. "We have diversified revenue sources and attracted new corporate partnerships; completed all prior year audits, with only 2012 still to be published; and applied for expedited process to address the 501(c)3 status." He pointed out that expenses will be managed to come in below targeted goals and revenue for the conference is $200,000 over projections, which will ensure continued financial improvement.

"We will focus our energy in the coming months to implementation of the strategic plan we began developing this year," said Tyson. "This roadmap will guide our association for the next five years and we must all be prepared to embrace change."

With a focus on adding value to membership, new approaches such as regional conferences in addition to the national conference, a newly-designed website, enhancement of technology to offer real-time access to members, increased year-round partner engagement and alliances with like-minded organizations to expand benefits to NBMBAA members are just a few of the strategic tactics in the works.

Also, at the meeting, Annual Chapter awards were presented. The winners of the Chapter of the Year awards were Houston, Los Angeles and New York.

Ally Financial
Federal Deposit Insurance Corporation (FDIC)
Deere & Company
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