Tuesday, February 27 | 8am - 9am
Aligning Mission & Finance in Your Organization
Presented by Sarah Jackson of Propel Nonprofits
Often nonprofit financial leaders can feel disconnected from their mission because they're focused on daily operations, but they are also constantly making mission-related decisions, allocating resources, and sharing the financial story of the organization. Explore how to align the financial goals and processes within your organization with your mission and strategic goals, including tools and examples.
Understanding and Operationalizing Pay Equity
Presented by Rachel Martinez of Hope Community
What is pay equity, and how do we get there? This session explores these questions as the presenter shares her experience developing a compensation structure for a nonprofit that had never had one before. To address pay equity, the nonprofit took a multi-step approach to build stability, trust, and ultimately, a pay structure that reflects our work and values. The presenter will share the basic components of this structure, which uses data from the MCN Salary Survey, and can be adapted to fit the needs of other organizations.
Buying Real Estate: An Overview of the Steps
Presented by Allison Wagstrom of Propel Nonprofits
If your organization is considering making this investment, it is important to think about where the money is coming from, structures you need to have in place, and the impact on your business model. Learn about the steps involved in making this choice and walk away with an understanding of debt service coverage ratios, pro formas, and the big questions that your board must think about when making this decision.