Groups get to work helping members—and themselves—get pandemic aid
Huge stimulus package has a lot for 501(c)(3) associations, but much less aid for 501(c)(6)s The $2.2 trillion economic stimulus package signed on Friday contains a lot of loan money for small businesses and nonprofit 501(c)(3) associations, along with few strings, substantial incentives to lenders, limited paperwork and the possibility of loan forgiveness. Much less aid is provided—at least for now—for groups organized under 501(c)(6) and (c)(4) of the tax code.
Read MoreCEO DATELINE - Groups seek clarification on essential business exemptions
As multiple states and communities order companies to temporarily close to slow the spread of COVID-19, three of the nation's largest business groups are asking governors for clarification about what businesses qualify as "essential" and can remain open. The U.S. Chamber of Commerce, Business Roundtable and National Association of Manufacturers sent a joint letter to the National Association of Governors on Friday asking for state and local governments to adopt a "uniform approach" to granting exemptions from stay-in-place orders.
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Groups quickly transform big meetings into virtual events
Remote-working staff scramble to train speakers on effective online presentations and to help exhibitors create virtual exhibits The American College of Cardiology had to go virtual, and fast.
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Search for talent goes on even as in-person meetings stop
Some groups are eager to fill critical roles and tap needed skillsets even if it means virtual hiring, but other associations may wait Hiring is still going forward in the time of coronavirus, though some CEO searches may take longer or even be suspended for a few months or more.
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Espinel at home in global software policy
Entrepreneurial spirit helps BSA expand focus beyond intellectual property protection Espinel Global issues have always drawn Victoria Espinel, CEO of BSA | The Software Alliance. "My whole career, I wanted to do international work," she says. "That's one of the reasons I came to BSA, because it's such a global organization."
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Groups navigating economic fallout of pandemic's storm
Nonprofits are in ‘uncharted territory' as they can't gauge depth, duration of virus downturn Shocked associations are in financial triage as the COVID-19 pandemic has shut down face-to-face meetings with no clear end in sight. The extent of the damage remains to be seen, but advocates warn that many groups face an existential threat.
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