WELCOME TO CFMA’S CHAPTER PRESIDENTS’ ORIENTATION April 9, 2015

INTRODUCTIONS

More Than 7,000 Members Strong!  For the first time in CFMA’s 34 year history, we have more than 7,000 members  91 chapters in the US and Canada

Strategic vs. Operational Boards

STAR Program Support Training And Resources

STAR Program  During the fiscal year, the $3,000 STAR Program funds may be used for the following: 1. Chapter Administrative Services expenses 2. Chapter Marketing expenses (tradeshow expenses, brochures, ads, promotional materials, etc.) 3. All Chapter Education expenses (instructor, facility, workbooks, etc.) 4. CFMA National Speaker Program and CFMA National Education Programs 5. All Chapter Strategic Planning expenses (facilitator, facility, food & beverage, etc.)

STAR Program

Why Hire a Chapter Administrator? “This position is an essential function within our chapter. I don't know if we could manage without one.” “Having an administrator has proven to be an extremely valuable add for our members.” “Our administrator has been employed for a long period of time. This is a great asset when it comes to needing historical information and someone who is dependable and can foresee what is coming up on the schedule based on past experience.”

Resources for Hiring a Chapter Administrator  Available on the STAR Program page Sample list of job duties Sample RFP Sample contract

CFMA Negotiated up to a $500 discount off of their typical Speaking Fee. CFMA will also provide $500 to any chapter that uses one of these speakers in this fiscal year for a Regional Conference. Anirban Basu Economic Updates Customized Per Region & Industry Classification James Spellos Innovative Technology 75 Sites in 75 Minutes Smart Phones & Smarter Business Robert Davidson Accounting Practices 10 Smart Things Contractors Should Do to Survive & Thrive James Benham Construction Technology Construction Technology Forecast Preferred National Speakers

CFMA will also provide $500 to any chapter that uses one of these speakers in this fiscal year for a Regional Conference. Crossing the Line – An Insider’s Story of Fraud Weston Smith The CFM & the CPA – A Partnership Kevin Foley, CCIFP, CFO Anthony Stagliano, CCIFP, Marj Weber How to Survive a DOL Prevailing Wage Audit & Mitigate the Risk Samuel Henson Navigating the Health Care Landscape: The New Normal Christian Moreno The New Revenue Recognition Standard Michael J. Sobolewski Timothy T. Wilson Preferred Conference Speakers

CFMA Chapter Classroom Courses (price per book)

These courses will be presented online in May and available for Chapter Delivery in July. HR for the CFM IT for the CFM Project Management for the CFM Prequalification for the CFM New CFMA CFM Series

Education Database Valuable Education Resources at Your Fingertips Includes: CFMA National Conferences Group Live Presentations Web Live Presentations Chapter Presentations CFMA Webinars Chapter CPE Process Resources to ensure your chapter is compliant Best Meeting Topics Find out what has been successful for other chapter programming Your Software - Love It or List It Troubled Subs Panel Discussion Making "Cents" out of Ethics in Construction The 2014 Bankers Shootout Surety Panel Fraud: Is it happening under your watch? Educational Resources

Strategic Planning  CFMA Offers FREE Chapter Strategic Planning Sessions  Facilitated by Experienced Staff to Help Guide Decision Making and Planning  Customizable Agenda to Suit Your Chapter’s Needs

Sample Strategic Planning Agenda  SWOT Analysis  Chapter Committees  Structure of the Board of Directors  Role of the Board of Directors  Chapter Succession Plan  HQ Support  Goals (What Can We Do vs. What Do We Want to Do?)  To Do List

Spring Creek  Each Chapter Can Send an Officer FREE of charge! No cost for registration Travel expenses will be reimbursed up to $1,500  October 7-10 or October  Carefree Resort and Conference Center in Carefree, AZ

Chapter Connection Program  Connects You Directly with CFMA’s Leadership  Share Concerns, Challenges, and Successes  Communication of Important Events, Resources, and Ideas  You Determine the Frequency of Communication that Works Best for You & Your Chapter  May 15 – assignments finalized  Chapter Connection Program Mixer, Monday, June 29 th at 4:00p

Chapter Summit  Saturday, June 27 from 8:00a-2:00p Unprecedented opportunity to meet your peers from Chapters across the country Hear from volunteers, just like you, facing similar challenges and how they are addressing them Open forum time to discuss the topics that are most important to you in your role as a Chapter leader Meet and interact with the HQ Staff dedicated to serving your Chapter’s needs

Membership Renewal & Recruitment  Chapter Dues Collected by CFMA Headquarters  Renewals CFMA HQ efforts The Chapter’s Role  Recruitment Marketing collateral available from HQ Customizable “Top 5” benefits template for your Chapter

Membership Builder  Chapter demographic data  Member renewal information  Information on past chapter members  Storing prospect lists Input notes on contact Export to Excel to sort or

Affinity Programs

CFMA Store  Collection of CFMA logo items Apparel Bags & Coolers Drinkware Golf Items Office Items Table Covers/Runners  Additional items can be ordered either through the CFMA vendor or a local vendor.  shop.cfma.org

CFMA Logo Usage  Logo usage guidelines were updated in October  Unique chapter logos No longer allowed Logo exception list

Chapter Websites

Chapter Awards and Benchmarking  One tool for awards and benchmarking  Simplified form for 2015 Submit online No more backup material  Excel worksheet available to track information  5 tiers based upon chapter size  Due April 17  Chapter of the Year  Awarded at CFMA’s Annual Conference & Exhibition

Chapter Showcases  Chapter event to be shared at CFMA’s Annual Conference & Exhibition in June  Submission due April Photos Write-up of the event Each Showcase will be about 90 seconds  Share via Dropbox –

CFMA’s Strategic Plan  MEMBER VALUE: Members will regard CFMA as the essential construction financial resource, and CFM's will be viewed as leaders in the construction financial industry and an indispensable part of their companies' leadership team.  COMPANIES: Companies will recognize the significant value of CFMA education and engagement as an essential investment in their success.  CHAPTER RELATIONS: CFMA chapters will be vibrant, growing and viewed by stakeholders as the best local educational and networking resource for construction financial professionals.  EXTERNAL RECOGNITION: CFMA will be the recognized authority in advancing sound financial and accounting practices in the construction industry and the leading resource for education and financial information.

CFMA Principal Partner Resources  Welcome Letters from Viewpoint Construction Software and BKD CPAs and Advisors, LLP  List of specific resources with the potential to assist you with: Lease accounting Fraud: Protecting your company from fraud Acquiring e-newsletter content Accessing digital content for your Chapter website

Regional Conference Support  Regional Conference Support from CFMA’s Principal Partners $3,000 in support from Viewpoint and $3,000 in support from BKD  Regional Conference Speaker Subsidy Reimbursement $500 reimbursement per speaking engagement for one of four nationally approved speakers

Helping Your Chapter  CFMA Headquarters can help with: Meeting notices and flyers E-blasts to surrounding chapters Sample meeting topics  You can help CFMA Headquarters by: Providing your Officer, Board, Committee Chair list Keeping members contact information updated  Does your chapter have a handoff policy to the next Chapter President?

FINAL THOUGHTS FROM THE CHAIRMAN

QUESTIONS? USE THE CHAT FEATURE AND WE’LL ANSWER THEM PROMPTLY IN THE ORDER IN WHICH THEY WERE RECEIVED.

THANK YOU FOR YOUR PARTICIPATION! PLEASE CONTACT CATHY WASNER AT OR WITH QUESTIONS OR FOR MORE INFORMATION.