Membership Dues Task Force COR Report October, 2002. Virginia Connolly, Task Force Leader Vi Brown, VP of Transition, Officer Contact Nancy Nelson, Deb Willems, Marcia Lampela, Michelle Tortolani, Pam Ankrum, Alma Martinez Fallon, Rachel McQuillen.
One definition: Value is the ratio of the benefits a member receives to what the member pays for Membership.
Value = Benefits/Costs
Benefits = Functional benefits + emotional benefits
Costs = Monetary costs + time costs + energy costs + psychic costs
emotional benefits run high for many SWE members and so do time, energy and psychic costs.
These will be passed on to the appropriate committee
Services = services we “sell” to others (conference & magazine)
$102 per Member to be covered by dues & other unrestricted income
Above numbers based on FY03 budget and are per Member. FY03 budget does not fully support all SWE’s current goals - many line items reduced or eliminated (see FY03 Treasurer report to the COR.)
How much to “keep the lights” on?
**Figures for 2000 taken from research of Anne O’Neal, FY01 Membership Chair, and Joan Kuyper, Deputy Director of Advancement.
Categories of expenses to serve a Professional Member:
Additional / different Categories to serve students:
What’s missing from these lists?
Dues with Cost of Living Adjustment*
*Cost of living factors taken from American Institute for Economic Research, www.aier.org/cgi- bin/colcalculator.cgi
Or, from another point of view - Value of 1992 Dues Today