• 
• Support for Oregon's Community Development Corporations
• Resident Services
• Policy and Advocacy
• Human Capital Development, Training and TA
  Training Calendar

  Succession Planning/Planning for Transitions

  Community Development Training Series

  Technical Assistance

  Future Leaders Initiative
• Asset Building through IDAs

Upcoming Trainings

Board and Staff Roles in Financial Management

Nonprofit affordable housing and community economic development is a difficult business. Successful organizations must develop Board and management capacity to evaluate financial choices and understand the financial consequences of their housing development, asset and property management, resident services, economic development, and fund raising activities.  

This workshop is designed for Board members, Executive Directors, and Financial Managers of community development corporations. We'll look at State of Oregon and IRS expectations of Board oversight and the systems, information, and skills Board members will need to fulfill those expectations and provide effective leadership for their CDC. We'll also examine key staff functions and the ways CDCs assign responsibility for monitoring financial performance and achieving financial outcomes.

The workshop will be 3 hours in length and presented on a regional basis, in order to facilitate board member attendance.

Workshop topics will include:

• IRS and State of Oregon exceptions of CDC board members
• Financial Information boards need for effective oversight and decision making
• How to evaluate the financial health of your CDC
• Executive director, fiscal manager, housing developer and asset manager roles in financial management
• Financial management challenges in LIHTC projects, single asset entities and home ownership programs

Outcomes:  Workshop participants will learn:

• How to use GAAP basis financial statements to understand the condition of their CDC.
• Supplemental reports needed to satisfy grant funders and lenders.
• Board legal roles and responsibilities in relation to financial oversight.
• Key indicators of financial health.
• CDC responsibilities as General Partners in LIHTC projects and sponsors of Single Asset Entity development efforts.
• Key tools and skills needed for effective financial management of CDCs.

Workshop Dates / Locations:

• January 16, 2009 8:30AM--11:30AM / First United Methodist Church, Portland
• March 12, 2009 5:00PM--8:00PM / LaSells Stewart Center, Corvallis

To register please fill out a registration form and fax or mail it in.