Good Governance
And it’s Value to Your
Roundtable
Melissa Walling, CAE, IOM
Institute of Real Estate
Management
AGENDA
• Why is good governance important?
• What aspects of good governance
impact me?
– Financial
– Operational
– Member Services
• What tools do I have to ensure my
success?
GOOD GOVERNANCE
GOOD GOVERNANCE
GOOD GOVERNANCE
GOOD GOVERNANCE
Financial Management
Operational Management
Serving Members
The Roundtable President is responsible to ensure
the Roundtable officers, committee chairs, and
committee members adhere to……
Financial Management
501©6 – non-profit tax exempt status:
– Professional Association
– Exempt from paying federal income taxes
– Volunteer management through a board
– Pay sales tax and taxes on advertising income
(UBIT)
– File taxes annually
Federal 990 Form
Financial Management
Operational Management
•
•
•
•
•
Members lead the organization
Fair elections
Checks and balances
Defined leadership roles
Protecting CSCMP brand and logos
Operational Management
Member Services
Member Services
GOOD GOVERNANCE
Financial Management
Operational Management
Serving Members
The Roundtable President is responsible to ensure
the Roundtable officers, committee chairs, and
committee members adhere to……
Leadership Support
Good Governance
And it’s Value to your
Roundtable
Melissa – mwalling@irem.org
www.linkedin.com/in/melissawalling