"Sound financial management is the foundation upon which an association's operations rest. Associations which must comply with complex rules pertaining to nonprofit fundraising, political activity, and tax-exempt status-tend to manage the majority of their financial operations in house, save for audits and tax management", according to ASAE benchmarking research. Add to the equation of members close scrutiny of the association's finances.
2016 REALTOR® Association Regional MLS Annual Benchmark Report
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