Every club faces unexpected expenses, but too many boards are caught off-guard by costs that were entirely predictable. This educational webcast walks club managers and board members through one of the most misunderstood aspects of long-term financial stewardship: knowing exactly which assets belong in your reserve study and which don't.
Using a practical, three-part test framework, attendees will learn how professionals confidently identify the assets that require advance reserve funding versus those best handled through the club's ongoing operations & maintenance budget. We'll cover how proper reserve planning smooths out the financial peaks and valleys that strain member relationships, strain budgets and erode trust in club leadership. Forecasting major expenditures in advance is not only more fiscally responsible, it's more equitable to your membership, spreading costs fairly across the generations of members who benefit from those assets.
Whether your club is new to reserve studies or looking to sharpen its existing process, this session offers clear, actionable guidance rooted in real-world club operations.
Presented by:
Robert Nordlund, PE, RS, Founder/CEO, Association Reserves
Will Simons, RS, EBP, President - Florida and Southeast, Association Reserves
Moderated by:
John C. Good, Director of Events, Technology, and Member Engagement, National Club Association
This webcast is free to NCA Member Organizations’ Board and Staff, and $99 for non-members.