Membership dues are a vital source of funding for operations toward achieving our strategic goals and initiatives for both ASMC HQ and individual chapters. Increased dues will contribute to the redevelopment of the ASMC and ASMC chapter websites and associated technology; updates to the CDFM and CDFM-A exam and associated textbooks; the addition of the Engage membership collaboration platform; and expansion of other national, regional, and local chapter professional development and education offerings.
The membership fee increase is effective January 1, 2017; however, the actual timing of increase will not occur until after an individual’s membership “paid thru” date. See additional information below regarding membership renewal.
Individual annual membership dues will increase from $26 to $40 for one year and from $75 to $114 for three years.
This dues increase will be the first increase in 11 years.
The National Executive Committee, the ASMC Membership Committee, and the ASMC Executive Director.
If you joined ASMC, for one or three years, prior to the 6 October 2016 announcement of the dues increase, and your current membership expires after 31 December 2016, your dues will not increase until your membership expiration date. ASMC will not bill you for a partial increase for any period of your membership after 31 December 2016, through the end of your membership period.
If you recently renewed your ASMC membership for one or three years prior to the 6 October 2016 announcement of the dues increase, and your current membership expires after 31 December 2016, your dues will not increase until your membership expiration date. ASMC will not bill you for a partial increase for any period of your membership after 31 December 2016, through the end of your current membership period.
Current members of ASMC as of 5 October 2016:
If you were a current member of ASMC as of 5 October 2016 (prior to the 6 October 2016 announcement of the dues increase), you may elect (from now through the end of 31 December 2016) to purchase a “one time” renewal of membership (for either one or three years) at the current dues rate, thus extending your membership paid thru date for 12 or 36 months. You may renew at www.asmconline.org/membership/renew.
New members who join ASMC between 6 October and 31 December 2016:
New members who joined ASMC between 6 October and 31 December 2016 are not eligible for renewal of their membership prior to 31 December 2016.
As a “Corporate Designee” your membership renewal is aligned to the ASMC process for renewal of our Corporate Gold, Silver, and Bronze Members, in which the Corprate Member designates and funds the individual memberships, thus you will not be able to renew your membership online. However, your ASMC “Corporate Contact” at your company may be able to renew your company’s membership early. To learn more, please reach out to your Corporate Contact directly, or contact Nicole St. Laurent for assistance at 703-549-0360 ext. 119.
No. They are not impacted by the dues increase.
Not at this time; however, it is likely that as part of future decisions to increase dues along a five or six year timeline (as opposed to 11 years), the ASMC National Executive Committee will establish a two- tiered dues structure, including a discounted rate for lower grades.
For a full listing of current benefits, visit www.asmconline.org/membership/benefits.
ASMC plans on growing by supplying chapters with a new website template (associated with the ASMC National website redesign project), that will provide chapters that currently do not have a website or have only a rudimentary website the opportunity to develop an effective website.
ASMC member groups will be able to communicate, ask questions, and share ideas and best practices via a collaboration platform and service we will call Engage (see additional info below). We will establish groups such as budgeteers, accountants, auditors, cost analysts, and Directors of Resource Management, wherein members of each group can collaborate on subjects of interest, share resources, etc. We will also establish separate internal collaboration groups via Engage for Chapter Presidents; Treasurers; and Chairs of Programs, Membership, Certification, etc, thus enabling more effective communication and sharing of best practices among chapters, as well as communication with National HQ.
ASMC will have an Early Careerist group, and ASMC HQ will fund some chapter-level early careerist engagement and outreach activities.
Association Management System (AMS). Originally installed in 2007, our AMS needs to be updated. Over the next few years, ASMC will conduct an analysis of alternatives, data cleansing, and upgrade or migration to a new AMS, providing a more effective system for interface with our members on a communications and transactions basis.
Engage is an interactive forum developed by Higher Logic that enables members to engage and communicate with other members, connect with groups such as your chapter, budgeteers, accountants, auditors, cost analysts, and Directors of Resource Management, wherein members of each group can collaborate on subjects of interest, share resources, etc.
Microsites are for chapters which will allow chapter members to share documents, rosters, plan events, and even register for events; resource libraries will house the AFC and any other ASMC educational publications and materials to be downloaded and shared.
Engage is a mobile friendly site and easily accessible on a smart device.
The full site will only be available to ASMC members. Non-members may have limited access.
ASMC has provided resources, tools, and opportunities that enhance the development and career progression of our membership while maintaining dues at a low rate. Membership dues are a vital source of funding for operations toward achieving our strategic goals and initiatives.
Membership offers the opportunity to obtain Continuing Education and Training (CET) units, which DoD FMers can use in meeting requirements to maintain their DoD FM Certification. With over 35,000 financial managers achieving their DoD FM Certification, ASMC’s local chapter and national professional development opportunities provide added value to the Department and to our membership in providing opportunities to obtain CETs, in meeting requirements to earn 40, 60, or 80 CETs every two years to maintain their DFMCP certification at Levels 1, 2, or 3.
Not currently. We are working to provide opportunities for new membership products such as 5 and 10 years members sometime in the near future.
If you have any additional questions, please call ASMC’s HQ at (703) 549-0360 or email email@example.com.