D.C. economy resilient despite economic downturn
The capital area has shed its image as a government town and a diverse regional economy is keeping the area buoyant While the rest of the country teeters on the edge of a recession, a regional report released June 6 says that the Washington, D.C. region is less prone to wild economic swings, largely due to a stable job base in the federal government and a diverse economy that has generated job growth in several sectors.
Read MoreFinancial recruiting activity likely to lag until 2009
Nonprofit and trade group searches remained stable, while recruiters in the financial sector expect a downturn in their business More than half of recruiters in the financial services sector predict the overall job market may stay slow until 2009 and they expect their own business also to decline in the next year, according to a new survey measuring recruiter confidence released June 3 by the Association of Executive Search Consultants.
Read MoreIRS wraps up comment period on Form 990 instructions
Many groups still question key employees definition On June 1, the IRS closed the nearly two-month comment period for the draft instructions that will accompany the new Form 990. This is the second phase for the completely revamped form, which is a publicly available tax document that reports the income, spending and salaries of nonprofits. The IRS released the final form Dec. 19, 2007, after
Read MoreMay 2008 News
Red Cross prevails in logo dispute A federal judge ruled in favor of the American Red Cross in a trademark infringement dispute, allowing the group to continue to use its iconic cross emblem on retail products like first aid kits, toothache medication and shoes. Judge Jed Rakoff s May 15 decision resolved a significant part of a lawsuit that pitted drugmaker
Read MorePrimed to Lead: Jayne Somes-Schloesser
Balancing her people skills with a track record of success in executive management keeps Jayne Somes-Schloesser grounded as she moves up in associations.
Read MoreProfile: T. Peter Ruane, American Road and Transportation Builders Association
The growth of ARTBA, an old-line construction industry group, includes the story of an organizational turnaround and a risk-taking CEO with a mandate to mobilize an aging association. And its echoes are familiar to many Washington trade groups now looking to update their image and reenergize their members.
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