Members News & Updates

Congrats to Derek Symer, who recently received two professional recognitions for his work as a principal and director at AHT Insurance working with nonprofit clients. He was named by Risk & Insurance as a "Power Broker" in the nonprofit sector and listed in the "Hot 100" by another professional publication. Derek, who works with many non-profits also helped start the Business Managers Roundtable, a professional organization for business officers at private and independent schools, in addition to his work with associations, professional societies and NGOs.

To read the full articles:
Click here for the article in Risk & Insurance.
Click here for IBA Hot 100. 

Nicole Miller and a few of her colleagues at Savills Studley are working exclusively with Tom Popomaronis, columnist for Inc. Magazine, to select the top office spaces in Washington, DC metropolitan area that has the most unique physical perks/attributes.  Once selected, Tom will do a feature story on the winners and organizations who received honorable mentions.  The write up will be similar to Tom’s latest piece featuring the snazziest office spaces in Baltimore, which had over 7,200 views.

This can be a great way to showcase your office space as well as your organization in order to enhance your brand, further recruitment efforts and assist with overall retention.  The more interesting the perk(s) that makes your organization’s space unique, the better (they can be physical or non-physical attributes). 

Here's what we'll need to review candidates: 

• Organization name and address
• Most interesting perk(s)/attribute(s)
• 1 sentence quote from any employee about the perk(s) (include name and title)
• 1 sentence quote from Savills Studley about the perk(s) (will need to schedule time to tour the space)
• Picture(s) of the perk(s) at office

As for timing: 

Responses: Open through February 3^rd

Site Visits: Open through February 17^th

Finalists Selection: February 17^th – 28^th

Article go-live: March

If your organization, client, or friend has an office space that you feel should be considered, please reply via email to nmiller@savills-studley.com or via phone at 202-624-8542.  Nicole will then coordinate a time to briefly tour your space and learn more about the organization.

Keep in mind, the deadline for submissions is Friday, February 3, 2017!

RESTON, Va. and MIDDLEBURG, Va., October 24, 2016 – Access National Corporation (NASDAQ: ANCX) (“Access National”) and Middleburg Financial Corporation (NASDAQ: MBRG) (“Middleburg”) today announced the signing of a definitive agreement to combine in a strategic merger.

The combination creates Virginia’s premier bank, with enhanced scale, improved efficiency and a well-diversified business model. The two companies have highly complementary businesses and geographic footprints. The combination will have greater market reach and product offerings that will enable significant opportunities for growth. Access National’s expertise in business banking, commercial and industrial (C&I) lending and mortgage origination complements Middleburg’s core strengths of serving the depository, custom credit and wealth management needs of professionals and consumers in the affluent Virginia communities west of Washington D.C. and in Richmond. (Read more...)

CohnReznick’s most recent not-for profit governance survey -- Promoting Confidence: Assessing the Process and Priorities. For the past three years, CohnReznick has asked not-for-profit executives and board members across the country questions covering such topics as their organization’s governance practices and policies, as well as, their board structures, Each year uncovers new insights on what is top of mind for not-for-profit leaders. This year, over 600 participants candidly responded to more than 40 survey questions. Some of the highlights

• about one-third (35%) of not-for-profit boards have conducted a self-assessment this year, down by almost 10% from 2015.

• nearly half of the organizations surveyed have not completed a cyber-risk assessment in the past year

• overall, risk assessments continue to be a low priority with 40% of those surveyed reporting they have never conducted one

Click here for full results.

Congratulations to the TRENDS 2017 Association Partner of the Year, Loretta Monterastelli DeLuca, FASAE, Founder and CEO of DelCor Technology Solutions.  

“It will be hard to find anyone in the association community who would disagree on Loretta receiving this honor,” TRENDS president Joel Poznansky said. “She and the company she founded have made a name in the association space that everyone knows, respects and appreciates, and with whom many, many associations partner.”

DeLuca will be feted at the TRENDS 2017 Salute to Association Excellence, Feb. 23 at the Capital Hilton in Washington. This is the premier event that honors associations executives from across the country. Other honorees to be presented at the Salute are the Association Executive of the Year, the Leading Association Lobbyists and the Young & Aspiring Association Professionals (see p. 4). Also to be honored will be the winners of the TRENDS All-Media Contest, the highest-regarded independent communications contest for associations and nonprofits in the country.

Read more here. 

Tate & Tryon is pleased to announce the addition of Mike Sorrells, CPA as a Tax Principal within the Firm’s Exempt Organization Tax Services practice. Mike brings more than 25 years of experience specializing in exempt organization taxation to Tate & Tryon.

Previously, Mike served as National Director on Nonprofit Tax Services for BDO USA where he worked with a wide spectrum of nonprofit organizations including colleges and universities, hospitals, national and international charities, trade associations, and private foundations.

Mike’s expertise and experience includes federal and state compliance; large, complex multi-entity organizations; unrelated business income including income from advertising, debt-financed property and alternative investments; lobbying and political activity; IRS examinations; exemption applications, reinstatements and exempt status issues; and state and local taxation and compliance.

He writes frequently for nonprofit publications on a variety of tax issues and is a popular speaker at nonprofit conferences and events.

Mike holds a BA in History/Government and Politics from the University of Maryland. He is a member of the American Institute of Certified Public Accountants (AICPA) and is also a past president of the Greater Washington Society of CPAs (GWSCPA).

About Tate & Tryon

Formed in 1993, Tate & Tryon is a premier public accounting and consulting firm dedicated exclusively to serving nonprofit organizations. Tate & Tryon provides a full range of audit & assurance, exempt organization tax, outsourced accounting, technology and advisory services to more than 600 national and international nonprofit organizations including arts and cultural organizations, civic and community organizations, advocacy groups, public and private foundations, educational institutions, trade and professional associations, and special interest groups. In addition, Tate & Tryon provides specialized services in the areas of financial governance best practices, internal control design & effectiveness, fraud detection and prevention, risk management, reserves strategy, accounting process improvement, and interim CFO & accounting support. Our technology practice, T3 Information Systems specializes in Microsoft Dynamics GP, SL and Intacct as well as related financial reporting, dashboarding and budgeting solutions. For additional information visit our website at www.tatetryon.com.

Arlington, VA – The Board of Directors of the National Older Worker Career Center, Inc. is pleased to announce the selection of Cito Vanegas as the organization’s next President and Chief Executive Officer effective August 8, 2016. Vanegas will succeed Gregory Merrill, who is retiring after 10 years of service leading NOWCC. Currently serving as Chief Financial Officer, Vanegas brings to the position an extensive nonprofit background that has spanned more than 23 years and an unwavering passion for serving the aging workforce.

Vanegas graduated from the University of Mary Washington with a Bachelor of Science degree in Business Administration, followed by the Certified Public Accountant (CPA) designation in 1993. He later earned a Master in Business Administration (MBA) degree from George Mason University. Leadership awards and certifications include the 2016 Abila Excellence - Force for Good Award, SMART CEO - Executive Management Award – CFO in 2014, Nonprofit Executive Management Certificate from Georgetown University, Institute for Organization Management (IOM) from the US Chamber, Future Executive Directors Fellowship from the Nonprofit Roundtable of Greater DC, and the American Society on Aging (ASA) Gerontology Certificate.

He is active in the nonprofit community, having served as the Board of Directors Chairman of MAG America and Treasurer of the Finance and Administration Roundtable. He resides in Arlington, Virginia with his wife and two children.

Founded in 1997, NOWCC is a national nonprofit organization dedicated to promoting experienced workers (55 and older) as a valuable and critical component of the nation’s workforce. NOWCC is a well-established bridge that helps connect experienced workers to meaningful positions in the public sector. NOWCC provides cost effective, flexible, and innovative experienced worker programs to help federal agencies fulfill their missions. We pride ourselves on listening to our customers and meeting their needs with top of the line quality customer service.

The Gelman, Rosenberg & Freedman Excellence in Chief Executive Leadership (EXCEL) Award recognizes and spotlights outstanding leadership among Washington-area nonprofit chief executives. The award recognizes leadership achievement in the areas of innovation, motivation, community building, ethical integrity, and strategic leadership. The selection process includes four stages; nomination, interview, site visit and selection. (To learn more, click here.)

The Finance & Administration Roundtable (FAR) held its annual Board of Directors election in June and is pleased to announce the election of three new board members and the re-election of six current board for the 2016-2018 term. (Click here to read press release.)

Lynne W. Cook, Senior Vice President at Early, Cassidy and Schilling, Inc., has been installed as the President of the National Association of Surety Bond Producers (NASBP), an international trade association headquartered in Washington, DC, serving a membership of firms employing licensed surety bond producers. (Read more...)