2018 Financial Management Conference Agenda

The Financial Management Conference, formerly the NeighborWorks CFO Convening, is open to all community developers – real estate developers, CDFIs, and CDCs. The conference agenda is outlined below.

Registration for the 2018 Financial Management Conference is now closed. Please contact Omayra Colon at colon@housingpartnership.net for additional information.

STRENGTH MATTERS FINANCIAL MANAGEMENT CONFERENCE
Tuesday, October 16th, 2018
12:00PM – 12:45PM  OPENING CONFERENCE LUNCHEON
12:45PM – 1:45PM OPENING PLENARY – CAPITAL FOR SCALE TO IMPACT CHANGE
David Erickson, director of Community Development at the Federal Reserve Bank of San Francisco, will provide keynote remarks and seed a discussion on community development investment and social impact capital from a number of perspectives to kick-off the broader financial management conference. For the discussion that follows, David will be joined by Chrystal Kornegay, executive director of MassHousing, and other key leaders in the Strength Matters network.
1:45PM – 2:00PM BREAK
2:00PM – 4:00PM
 
CONCURRENT SESSIONS
 
  • Advanced Real Estate Capital Structures – As more Americans struggle with housing affordability, community developers are diversifying their capital sources and structures. How? And with whom?
  • Advanced CDFI Capital Structures – As CDFIs expand their reach to more communities, new capital structures are needed to continue to grow. What structures are being innovated and which investors are providing this capital?
  • Sizing Ourselves Up for Enterprise Capital – Enterprise capital comes in many shapes and sizes. What kinds of capital are available? How is your organization underwritten for each? How does this affect your balance sheet and place calls upon your financial management capacity? 
  • Managing and Measuring Impact – Like our financial story – our impact story, year over year, becomes part of how we attract and steward investors. As this practice is maturing, what are investors learning about how they frame impact? What are community practitioners learning about managing impact and communicating to investors?
  • Opportunity Zones – How are Opportunity Zones shaping up? What kind of community investments will fit into these funds? What kinds of funds are being established?
 
 6:00PM – 7:00PM COCKTAIL RECEPTION AT THE WESTIN DALLAS  
Wednesday, October 17th, 2018
8:30AM – 12:00PM CFO/FINANCIAL MANAGEMENT WORKSHOPS
Five tracks of workshops will be provided.  Sessions will be led by your peers and others by experts in their field. You are free to participate in workshops in different tracks throughout the day. Final schedule of workshops will be made available shortly before the meeting.  Sample topics are provided below.
 
  1. Financial Reporting Track –  FASB updates; Quantifying Enterprise Risk and the Liquidity Footnote; Navigating Functional Expenses Reporting
  2. Management Track – Managing Employee Benefits;  Cybersecurity; Dashboards; Using Financial Planning & Analysis to Strengthen Your Business
  3. Rental Housing Track – The Changing World of Tax; How about Income Averaging in the Tax Credit; Positioning Your Organization in your Partnership Agreements for Waterfalls and Developer Fees (FASB)
  4. Home Building Track – Managing Shared Appreciation Homeownership (saving long term affordability in growth markets), New Markets Tax Credits fueling single family development (speaking from experience, wisdom earned the hard way); keeping it affordable: Construction and Design Peer Exchange, and more
  5. Lending Track – Managing Interest Rate Risk; Meeting the Reporting Demands of Internal and External Stakeholders; Financial and Loan Portfolio Management: managing multiple loan products
 
12:00PM – 1:00PM CFO Café
Enjoy a working lunch and meet with experts and/or consult with your peers on the following topics (and other topics that emerge): 

Cash Forecasting – meet with consultants who can help you with your cash forecast
Software – compare notes with your peers
NeighborWorks OAD Review Process

1:00PM – 4:30PM
 
AFTERNOON SESSIONS
  1. Financial Reporting – FASB updates; Quantifying enterprise risk and the liquidity footnote; Navigating Functional Expenses reporting
  2. Management Track – Managing employee benefits; Cybersecurity; Dashboards; Using Financial Planning & Analysis to Strengthen Your Business
  3. Rental Housing Track – The Changing World of Tax; How about Income Averaging in the Tax Credit; Positioning Your Organization in your Partnership Agreements for Waterfalls and Developer Fees (FASB);
  4. Homebuiding Track – Managing Shared Appreciation Homeownership (saving long term affordability in growth markets), NEW MARKETS TAX CREDITS FUELING SINGLE FAMILY DEVELOPMENT (speaking from experience, wisdom earned the hard way); KEEPING IT AFFORDABLE: Construction and Design Peer Exchange, and more
  5. Lending Track – Managing Interest Rate Risk; Meeting the Reporting Demands of Internal and External Stakeholders; Financial and Loan Portfolio Management: managing multiple loan products
 6:00PM – 7:30PM  RECEPTION AT THE DALLAS FEDERAL RESERVE BANK
Thursday, October 18th, 2018
8:30AM – 9:15AM
 
PLENARY – LESSONS FROM THE FIELD: NAVIGATING CHANGE MANAGEMENT 
Sheila Maith, a leading industry consultant and executive coach and an expert in organizational change management, will reflect on her experience in the field and provide context for the morning discussions.
9:15AM – 9:30AM BREAK  
9:30AM – 11:30AM  CONCURRENT CHANGE MANAGEMENT SESSIONS  
 
  • Know Thyself: The First Step – Cash forecasting, financial analytics, and competitive analysis – the first critical steps of strategic planning
  • Assessing Options for the Future – So many ideas, so little time… Here is an analytical frame for evaluating and narrowing your options with your staff and board leadership
  • Merging/Combining – Merging, partnering, combining – all these options are before us. There’s the process of evaluating these possibilities; then there’s the often hard job of getting all the systems lined up to implement the plan.
  • Succession Planning – Succession is upon us, creating its own current of change; We’ll examine strategies for building the financial management office talent pool and navigating staff and talent growth needed as your organization changes
  • Driving Toward Efficiency: Process Change – Tightening the reins on process management is often the underutilized toolkit needed for cost control and increased competitive efficiency
 
11:30AM  CONFERENCE ADJOURNS

2018 Strength Matters Financial Management Conference

Registration for the 2018 Financial Management Conference is now closed. Please contact Omayra Colon at colon@housingpartnership.net for additional information.

The Strength Matters Financial Management Conference will convene more than 200 of the nation’s top nonprofit community development leaders, as well as leading mission-focused for-profit colleagues and our key investment and accounting partners.

For the first time in our 11-year history, we will link the Strength Matters Annual Meeting for CEOs and financial leaders from large affordable rental developers/owners with NeighborWorks’ CFO Convening, the only professional development event of its kind serving financial managers across the community development sector. ...read more

Super Circular Resources

Strength Matters library of resources on Uniform Guidance issues aka the Super Circular, includes: 

  • Uniform Guidance Issues paper 
  • Webinar slides and recording from Scott Seamands of Lindquist, von Husen & Joyce and Kelly Perlman of Plante Moran is available here.
  • Samples of procurement policies to comply with new federal requirements (Sample 1 & 2
  • Template used by a Strength Matters member to track federal grants 
  • ...read more

    New Publication: Real Estate Sales between Related Entities

    The second paper in our Financial Discussion series looks at two questions around the sale of real estate between related entities: 

    • Accounting by Buyer and Seller Upon Disposition/Acquisition of a Property

    • Revenue Recognition for Excess Cash Paid by the Buyer to the Seller Upon Sale

    Covering GAAP analysis of the questions, CPA recommendations and CFO response 

    Read the new Financial Discussion paper

    Logging into the new Strength Matters website – How to Set or Reset Your Account Password

    Welcome to the new Strength Matters website! 

    If you're already a subscriber of Strength Matters, you will need to reset your password in order to login in the new website. Please follow the steps below and email info@strengthmatters.net if you need assistance. 

  • Visit StrengthMatters.net/login

  • Click the "Lost Password" option
  • Enter your email address in the box and click Get New Password

     

  • After you have entered your email, you'll be redirected back to the login screen. 

  • Please check your email for an email from Strength Matters with a link to click to reset your password. 

  • The link will take you to a page with a pre-generated new password, you can also enter your own password in the box. After you've picked a password click Reset Password.  


  • Next, you'll see the following message if you've successfully reset your password. 


  • Click Log in to access the login page where you'll need to enter your email address and new password. 
  • ...read more