Tips for organizations in their struggle through Covid
The last 12 months have been tough for just about everyone due to a variety of reasons. Loved ones have passed away. Remote education for a full year has been more than our kids, and parents, can handle. Restaurants have shuttered due to government restrictions. Businesses large and small are in trouble, especially if they rely on brick and mortar operations. However, one sector whose struggles have not been widely reported is the one with nonprofit organizations, associations, trade groups and societies.
In March, a study of over 300,000 nonprofits across the country was conducted by the Center for Disaster Philanthropy. Some 38% of
those studied acknowledged that they are in danger of closing with a
continued, prolonged crisis as a result of the pandemic.
Many
nonprofits, larger ones in particular, have kept up with fundraising
because of their established prowess and with funding assistance from
federal and state governments. They should be commended for surviving
the storm.
However,
there are thousands upon thousands of small and mid-sized associations
and trade organizations with budgets between $50,000 and $500,000 that
have not fared as well. These smaller associations provide critical
services, but they don’t have full-time staff and, consequently, cannot
access Covid funding or public resources available to the larger
wellknown groups.
These
smaller-sized organizations depend on annual trade shows, annual
meetings and conventions or in-person, continuing education seminars for
their funding.
Since March of 2020 when
the pandemic began, no organization has been able to hold these events.
Now, they are in the midst of a big financial crisis and fighting to
survive.
As small trade groups, associations and societies meet to discuss their future, here are three things they can do to start turning things around in 2021:
1. Don’t be afraid to hold your events virtually and charge the same amount you
would if they were in person. You may need help with organizing and
executing, and it may cost you money. But don’t let technological
challenges get in the way of your necessary association business.
2. Stay in constant communication with your members and
ask them what they want to see most from your organization. Send out a
survey or a poll through Google Forms, which is free. The most important
thing you can do is stay in touch with your members. Be transparent and
tell them that the leadership stands ready to help.
3. Change
is in the air. It’s true, most people don’t like change. However, the
pandemic has caused organizations of every size to adjust the way they
operate. Assemble your leaders and hold a strategic planning meeting to
brainstorm on changes you can make to do things better and more
efficiently. As importantly, think hard about new opportunities that the
pandemic has provided.
Whatever
challenge associations and trade groups are facing, it is important to
know that you don’t need to try to hold on for several more months until
we can get back to “normal.” Adapt and change is the key to the
pandemic and the future. Change may not be fun, but it may just be the
right time to make it.
Mike
Dennehy is a partner in Dennehy & Bouley in Concord, which offers
strategic guidance and administration for associations of every size.