As announced at the AFCCA Annual Conference Member’s Meeting, the AFCCA Board of Directors voted during the March 9 meeting to increase membership dues effective January 1, 2024.
AFCCA’s expenses have increased dramatically over the past few years. In the past five years, we have had a 45% increase in expenses. This is due to increases in prices of services we utilize, the cost of running events such as the conference, and wage increases for contractors. I assure you that we do everything we can to reduce expenses where we can. We have also increased our revenues by 25% over last year, which has helped offset the rise in costs. So that is good news.
In an attempt to offset the remaining cost of running a successful organization, the AFCCA Board of Directors agreed it was time to implement a long overdue increase in membership dues. The last time there was a dues increase was in 2012, and the world has changed significantly in that time period. Starting in 2024, Membership dues will increase by 20%. The good news is that if you renew your membership before the close of 2023, you will renew at the lower membership rates.
We truly appreciate all of our member’s support of the Association and if there is anything we can do to improve or offer to provide more value to your membership, please let us know.
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