Monday, December 03, 2012 Archives | Advertise | Online Buyer's Guide | FLEETSolutions

NAFA 2013 Budget Includes Funds For Chapters, Videos, And Beyond Fleet; No Increase In Dues Or Fees

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The NAFA Board of Governors, consisting of more than 50 volunteer Members and Affiliates, recently approved an operational budget for the year 2013 that includes funding for every major initiative in the Association’s strategic plan, including help for NAFA’s chapters, promotional videos, and continuing the successful Beyond Fleet campaign.
 
The budget includes an extremely positive financial projection for 2012. At year’s end, the NAFA Finance Committee believes NAFA will realize a net gain of more than $170,000, which is nearly three times more than budgeted. If these numbers hold, this will be the third consecutive year NAFA will have a net gain of at least $170,000.
 
With that success, NAFA’s reserve fund will be fully restored and NAFA will be able to hold membership dues and other fees at their current levels for the next 12 months. Highlights of the 2013 budget include:
  • Increase in gross revenue of 5.6 percent from 2012, with growth in every area except Educational Products and E-Commerce and Miscellaneous Revenue
  • No dues increase
  • No I&E registration fee increase – despite an increase in food and beverage costs due to the new Awards Party on opening night
  • Membership growth of more than 2.5 percent -- due in large part to a new outsourced sales effort
  • Hired help to consult on how NAFA can improve its marketing and communications efforts
  • A new "local" seminar option for chapters and companies
  • Increased staff and volunteer presence at industry events
  • Expanded Beyond Fleet activities to promote NAFA and the fleet management profession
  • Development and implementation of a "Chapter Assistance Program" where chapter leaders can seek assistance from NAFA to handle some of their administrative functions

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NAFA Fleet Management Association
125 Village Blvd., Suite 200
Princeton, NJ 08540

Telephone: 609.720.0882 Fax: 609.452.8004