CEO/President/Executive Directors

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A forum for association Chief Executive Officers/Presidents/Executive Directors to engage in conversation, swap ideas, and provide support and solidarity...because "it's lonely at the top."
  • 1.  ERC Has Been Extended - Still time to file

    Posted Jan 26, 2023 01:43 PM
    The Employee Retention Credit exists to REWARD employers who weathered the storm of covid regulations, found ways to adapt their business, and keep people employed. If that does not describe associations, I do not know what does. 

    Associations and nonprofits are often hesitant to take advantage of these types of programs and it is understandable - we are tax-exempt organizations. However, it is important to note that ERC is a payroll tax credit, which nonprofits are a part of. We all know the impacts COVID had on associations and they deserve the credit just as much as any for-profit business. 

    And just as importantly, Associations represent many industries and companies. Is your Association properly educating your members on this credit? If the industry you represent tends to have non-owner W2 employees (solopreneurs do not qualify), they need to hear about ERC and make an INFORMED decision on it. The IRS estimates 70-80% of U.S. businesses qualify. 

    Here are some VERY important things to note:
    - ERC does NOT require a reduction in revenue
    - There are 4 ways to qualify and they are each individual qualifiers (meaning it's not all or none)
    - Many CPAs wrongly focus on just revenue reduction AND analyze it incorrectly
    - The rules have changed several times and many operate on outdated information. 

    Make sure that you are working with a partner that ACTUALLY does ERC work. Many CPAs, etc. got burned out by PPP and EIDL and have not stayed up to date nor understand all the rules. 

    A regional apartment association filed for ERC through Lateral Solutions. It only had an executive director and still got $12,000. We did aa free webinar for their members (just 180 members) and 9 of their members filed and collectively received just under $3mm. That's an average of over $300k per company. 

    Reach out if you have any questions or are interested in a free webinar for your members. 
    30 Minute Meeting - Jon Bassford


    Jon Bassford, CAE, MBA, JD
    Lateral Solutions
    Washington, DC
    "Outsourced Solutions for Internal Operations"
    Annual Meeting 2024

  • 2.  RE: ERC Has Been Extended - Still time to file

    Posted Feb 14, 2023 07:24 AM

    I'm trying to find information on associations run by AMCs. Can those qualify?

    Natasha Pitcock
    Associations International
    Lexington KY
    (859) 226-4678

    Annual Meeting 2024

  • 3.  RE: ERC Has Been Extended - Still time to file

    Posted Feb 14, 2023 07:43 AM
    Yes, you can absolutely do it even if you use an AMC. Now, if the employees are under the AMC's EIN, which I believe would be uncommon, we'll need their be assistance but can still do it. Use this link to schedule a free consult:


    Annual Meeting 2024