Membership organizations/trade and professional associations
With almost 150,000 associations operating in the United States alone, professional, membership, industry and trade organizations are as diverse as the people they serve. The largest of these associations have thousands of members, annual budgets well over $25 million, and must be managed with the same level of efficiency as a major corporation.
The not-for-profit audit, tax and advisory professionals of Grant Thornton understand that each of these organizations is as unique as its membership and its mission statement. We help associations of all types increase their effectiveness through a range of services, including:
- Audit and Tax Services — ensuring compliance with not-for-profit accounting standards, financial-reporting practices and tax-reporting regulations;
- Business Advisory Services — including organizational/structural assessments, process improvement recommendations and technology-risk analyses;
- Financial Planning and Analysis — including budget-process assessments, resource-allocation guidance, and financial modeling of current and proposed strategies; and
- Strategic Planning — clarifying organizational objectives, analyzing current and future market environments, and developing and implementing both short-term initiatives and long-term strategies.