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NeighborWorks Chief Financial Officers (CFO) Convening (Course # ML477)

May 24 - 26, 2017 - Minneapolis NeighborWorks Training Institute

Location: Hilton Minneapolis, 1001 Marquette Avenue - Marquette Ballroom, 2nd Floor
 
As one of the only community development CFO gatherings of its size in the country, the NeighborWorks CFO Convening provides peer exchange opportunities, expert presentations and professional networking with over 125 CFOs and financial managers each year. Participants will acquire knowledge from community development experts regarding technical and general financial and business management issues. Intermediate and Advanced level sessions offered.
( All Sessions – Group Live Presentation – Total CPEs Available: 15.0 )
 
Please read this document for additional information about the event including topics and policies.

Presentations posted prior to the Convening are in DRAFT form and may be edited before the event.

DOWNLOAD THE AGENDA
CFO Convening 2017 BIOS

Day One: Wednesday May 24, 2017 (8.0 CPEs available)

CFO Convening 2017 - May 24 Scenario Planning Prep​ (pdf download)
CFO Convening 2017 - May 24 Pre Convening Exercise (pdf download)
CFO Convening Glossary (pdf download)​


8:30 am OPENING

8:45 am PLENARY

Preparing for Our Future: A retrospective of opportunities uncovered in other challenging times (1.0 CPE)
Moderator: Helen Dunlap, Dunlap Consulting
  • Kathy Rock, Low Income Investment Fund
  • Jeanne Pinado, Madison Park Development Corporation
Learning Objective: Identify and discuss likely avenues for community development initiatives in context of prior policy and practice shifts.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
9:30 am - 10:00 am
Introduction to Scenario Planning (0.4 CPE)
  • Helen Dunlap, Dunlap Consulting
Learning Objective: Describe the basics of scenario planning as a planning tool and how long-range problem solving can prepare their organizations for the future.
Field of Study: Business Management and Organization.
Level: Intermediate.

10:00 am BREAK

10:20 am - 12:00 pm
Scenario Practice for CFOs: Organizational scale and market size (2.0 CPE)
BREAKOUT LOCATIONS:   
Region 1. Marquette IX 
Region 2. Marquette VIII 
Region 3. Marquette VII
Region 4.  Marquette V
Rural markets. Marquette I
Facilitators:
  • Helen Dunlap, Dunlap Consulting
  • Mary White Vasys, Vasys Consulting Ltd
  • Kathy Rock, LIIF
  • Virginia Tranchik, LISC
  • Dana Moore, Compass Advisors

Policy Directions: Investing in Nonprofit Housing Social Enterprises, Mary White Vasys pdf file

Learning Objective: Identify variables that are likely to impact the future of organizations given different market condition and size of organization.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
12:00 pm - 2:00 pm LUNCH & PRACTITIONER ROUNDATABLE
Practitioner Roundtable on Adaptive Responses to Change (1.8 CPE)
  • Valorie Schwarzmann, HomePort
  • Ludy Biddle, NeighborWorks Western Vermont
  • Kathy Long-Pence, Self Help Enterprises
  • Mike Vance, Mountain Housing Opportunities
  • Paul Sussman, Tenderloin NDC
 
Learning Objective: Describe how and why fellow practitioners have responded to changing conditions using different change models, including incremental change, different technology applications, continuous planning, changing business models and others.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
2:00 pm - 2:20 pm BREAK

2:20 pm - 3:45 pm
Scenario Practice for CFOs: Line of business and size of business (1.6 CPE)
 
Facilitators:
  • Helen Dunlap, Dunlap Consulting
  • Mary White Vasys, Vasys Consulting Ltd.
  • Kathy Rock, Low Income Investment Fund
  • Virginia Tranchik, LISC
  • Dana Moore, Compass Advisors
Learning Objective: Identify the variables that are most likely to impact the future of developers of rental housing with larger and smaller portfolios, for sale housing, lending, and contracts/services functions and evaluate approaches to address those variables.
Field of Study: Business Management and Organization.
Level: Intermediate.

3:45 pm - 4:15 pm
The History of Capital: The transitions in sources of capital for community development and the implications (0.6 CPE)
  • Jim Ferris, NeighborWorks Capital
  • Christina Travers, LISC; Discussion Leader
  • Helen Dunlap, Dunlap Consulting
Learning Objective: Describe how we have succeeded historically by adapting to changing conditions/variables in our field.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
4:15 pm - 4:45 pm
Passing the Baton: Conversations with NextGen financial leaders (0.6 CPE)
  • Peg Freman and Megan Schimick Nevada HAND
  • Caroline Horton and Robert Novak, AEON
Learning Objective: Discuss financial leaders’ and their associates’ past learnings, and what they wish they could know about future conditions and innovations.
Field of Study: Business Management and Organization.
Level: Intermediate

4:45 pm - 5:00 pm WRAP UP
 
6:30 pm DINE AROUND (Reservations made courtesy of Aeon for those who signed up in advance.)

Day  Two: Thursday May 25, 2017 (6.5 CPEs available)
8:30 am OPENING
  • Frances Ferguson, NeighborWorks America
8:40 am PLENARY
Discussion of Capital Sources and Outcomes of the Capital Survey (0.6 CPE)
  • Paul Weech, CEO, NeighborWorks America
  • Dana Moore, Compass Advisors
Learning Objective: Understand the status of the public policy debate on key federal subsidy tools of the community development sector and understand the primary forms of “capital gaps” prioritized by NeighborWorks network organizations.
Field of Study: Finance.
Level: Intermediate.

9:15 am - 10:25 am CONCURRENT SESSIONS (1.4 CPE)
Capital for Growing Your CDF
  • Megan Teare, Wells Fargo Community Lending & Investment
  • Jennifer Anderson, Community Reinvestment Fund
  • Jennifer Novak and Lance Knuckles, Community Reinvestment Fund  presentation
Learning Objective: Discuss various sources of capital for building the lending line of business.
Field of Study: Finance.
Level: Intermediate.
 
CAPITAL for Growing Your Real Estate Business  presentation
  • Jim Ferris, NeighborWorks Capital
  • Bob Taylor, Morgan Stanley
  • Christine Travers, LISC
  • Dana Chestnut, Community Housing Capital
Learning Objective: Discuss various sources of capital for building the real estate development line of business.
Field of Study: Finance.
Level: Intermediate.
 
CAPITAL for Growing Your Enterprise
  • Stephen Peelor, NeighborWorks Capital
  • Agnes Casimir, CFO, Atlanta Neighborhood Development Partnership
  • Sonya Martinez-Ortiz, NeighborWorks Salt Lake
Learning Objective: Discuss various sources of unsecured enterprise-level capital for business expansion.
Field of Study: Finance.
Level: Intermediate.
 
RAISING CAPITAL from Impact Investors: IMPACT US
  • Liz Sessler, ImpactUs
Learning Objective: Understand the tools available for raising private capital through Impact Us platform.
Field of Study: Finance.
Level: Advanced

10:25 am - 10:40 am BREAK

10:40 am - 11:30 am CONCURRENT SESSIONS (1.0 CPE)
LENDING: Cash Flow Management & Cash Flow Tools
Learning Objective: Understand key elements of forecasting for cash for operations and capital for a lending line of business.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
REAL ESTATE RENTAL: Third party asset management - or more broadly, how to use contract services for portion of your biz analytics
Learning Objective: Assess the various benefits available through third party asset management services.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
CAPITAL: FUNDRAISING
 
Learning Objectives: Describe and analyze various factors including costs and benefits of developing a fundraising department and the time frame needed to build this line of business.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
FINANCIAL REPORTING: STRENGTH MATTERS - TAX ISSUES: Manging allocation of tax losses and credits to investor limited partners in tax credit rental housing (704b)
  • Daniel King, Cohn-Reznick
Learning Objective: Understand the factors involved in managing the allocation of tax losses and credits to limited partners in LIHTC housing.
Field of Study: Taxes.
Level: Advanced.
 
11:30 am - 1:00 pm LUNCH with table discussion topics
  • Table discussion topics
  • Brief demos
    • MFInsights
    • HP Select
CONCURRENT SESSION: Cash Forecast Café
Coordinated by:
  • Lisa Salaices, Focus & Flow
 
1:00 pm - 2:15 pm CONCURRENT SESSIONS (1.5 CPE)
LENDING: Playing Offense vs Defense: The Role of the CFO in Strategic Planning
Learning Objective: Identify the key roles CFO and Finance personnel play in the planning process BEFORE the action plan is established and resources are identified.
Field of Study: Business Management and Organization).
Level: Intermediate.

 
REAL ESTATE FOR SALE HOMEBUILDING: Managing the risk of building unsubsidized homes
  • Mike Vance, Mountain Housing Opportunities
Learning Objective: Discuss the risks and benefits of building homes for the unsubsidized market (80-120% MFI and above).
Field of Study: Business Management and Organization.
Level: Intermediate.
 
CAPITAL: PEER EXCHANGE RENTAL: Current trends in the battle to preserve the affordability of our tax credit properties
  • Chris Cherry, Wesley Housing Development Corporation outline  presentation
  • John Kelley, Cambridge, NAHS
Learning Objectives: Discuss and assess issues, challenges and opportunities to extend the affordability of tax credit properties.
Field of Study: Specialized Knowledge.
Level: Advanced.
 
FINANCIAL REPORTING: Business Drivers: Line of Business Performance Analysis
Learning Objective: Describe the role and methods of Financial Planning & Analysis (FP&A) in understanding performance drivers and planning for sustainability.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
2:15 pm - 2:30 pm BREAK

2:30 pm - 3:20 pm
LENDING: CFO interaction with the entire organization - How to move from transaction to strategic/analysis mode  presentation
  • Paula Planthaber, NeighborWorks America
  • Jacki Robinson, New Jersey Community Capital 
  • Anjanette Brown, NHS of Chicago
Learning Objectives: Examine how CFOs and financing teams can create a social entrepreneurial environment for the entire organization.
Field of Study: Business Management and Organization.
Level: Advanced.
 
REAL ESTATE: Succeeding with NeighborWorks America's Organizational Review Process
Learning Objectives: Explain and discuss the NeighborWorks Organizational Assessment process.
Field of Study: Specialized Knowledge.
Level: Intermediate.
 
RENTAL: Naturally Occurring Affordable Housing - Issues of private inurement, UBIT, and safe harbor
  • Dana Moore, Compass Advisors
Learning Objectives: Recognize property characteristics that may trigger questions regarding private inurement, unrelated business income tax, & retention of charitability.
Field of Study: Specialized Knowledge.
Level: Advanced.
 
FINANCIAL REPORTING: STRENGTH MATTERS: FASB Issue update
Learning Objectives: Understand recent accounting and auditing guidance and its relevance to nonprofit affordable housing developers.
Field of Study: Accounting.
Level: Intermediate.

3:20 pm - 3:30 pm  BREAK

3:30 pm - 4:20 pm CONCURRENT SESSIONS (1.0 CPE)
 
LENDING: Maximizing your Capital Structure
  • Dave Callahan, National Council on Agricultural Life and Labor Research Fund (NCALL) presentation
Learning Objective: Design your capitalization plan along –side your business model to avoid the money “Squeeze”.
Field of Study: Finance.
Level: Intermediate.
 
REAL ESTATE: LESSONS FROM SUSTAINABLE HOME OWNERSHIP PROJECT (SHP): Building profitability into your business lines
  • Donna Tally, NeighborWorks America
Learning Objective: Understand the recommendations for profitable employment of homeownership counseling emerging from the Sustainable Homeownership Project.
Field of Study: Specialized Knowledge.
Level: Intermediate.
 
RENTAL DISCUSSION: MFI system
  • Phil Hood, NeighborWorks America
  • Harold Nassau, NeighborWorks America
Learning Objective: Describe the various asset management analytic tools available through MFInsights online data resource for your rental housing portfolio performance.
Field of Study: Specialized Knowledge.
Level: Intermediate.
 
FINANCIAL REPORTING: STRENGTH MATTERS: Presenting your financial reports
  • Scott Seamands, Lindquist, von Huse & Joyce  handout  handout
  • Gayle Harrold, SMOC
Learning Objectives: Explain, illustrate and discuss how to present financial statements according to STRENGTH Matters® best practice papers to improve investor/lender understanding of your organization.
Field of Study: Accounting.
Level: Intermediate.

6:30 pm  HR Dinner (For those who signed up in advance.)

Day Three: Friday May 26, 2017 (2.6 CPEs available)

8:30 am - 9:00 am  PLENARY
What Risk? Which Risk? What Did You Learn? (0.6 CPE)
  • Laura Vennard, POAH/consultant
  • Paul Sussman, Tenderloin NDC
Learning Objective: Discuss the organizational decision-making process involved in identifying risk management priorities.
Field of Study: Management Services.
Level: Intermediate.

9:10 am - 10:00 am CONCURRENT SESSIONS (1.0 CPE)
RISK MANAGEMENT - TALENT / SUCCESSION
Learning Objective: Discuss high priority preparations that can be made to smooth the process of staff transition in the financial management team.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
RISK MANAGEMENT - CORPORATE STRUCTURE: Real Estate Session
Learning Objective: Understand the costs and benefits of utilizing separate corporate entities for various real estate business lines.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
DISASTER RECOVERY: Building disaster risk management readiness across the organization
Learning Objective: Discuss the factors to be considered in developing disaster readiness competence throughout the organization.
Field of Study: Management Services.
Level: Intermediate.
 
MODELING DEVELOPMENT PIPELINE RISK
Learning Objective: Understand one method of quantifying development risk.
Field of Study: Finance.
Level: Advanced.
 
HR-related headaches - ERISA; worker's comp rules; ACA
  • Terry Buelow, Creative Business Resources  presentation
  • Noemi Barraza, Creative Business Resources
Learning Objective: Identify the major areas of risk management in the Human Resource Management area and the benefits of using third parties to manage that risk.
Field of Study: Personnel.
Level: Intermediate.

10:10 am - 11:00 am CONCURRENT SESSIONS (1.0 CPE)
RISK MANAGEMENT - TALENT / SUCCESSION
  • Mary White Vasys, Vasys Consulting
  • Sal Bosco, Nuestra CDC
  • Julie Goldfine, Mutual Housing California
Learning Objective: Discuss high priority preparations that can be made to smooth the process of staff transition in the financial management team.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
RISK MANAGEMENT - CORPORATE STRUCTURE: Lending Session  presentation
  • Paula Planthaber, NeighborWorks America
  • Ken Trigueiro, People's Self-Help Housing
Learning Objective: Understanding what drives the discussion for considering more complex organization structures in lending lines of business.
Field of Study: Business Management and Organization.
Level: Advanced.
 
RISK MANAGEMENT - ETHICS AND CONFLICTS OF INTEREST - Managing them when they actually occur within board or staff
  • Shawna Engen, NeighborWorks Pocatello
Learning Objective: Discuss policies to manage inevitability of conflicts of interest and how to apply those policies when conflicts emerge.
Field of Study: Business Management and Organization.
Level: Intermediate.
 
MODELING DEVELOPMENT PIPELINE RISK
  • Laura Vennard, POAH/consultant
Learning Objective: Understand one method of quantifying development risk.
Field of Study: Finance.
Level: Advanced.
 
HR-related headaches - ERISA; worker's comp rules; ACA
  • Terry Buelow, Creative Business Resources
  • Noemi Barraza, Creative Business Resources
Learning Objective: Understand one method of quantifying development risk.
Field of Study: Finance.
Level: Advanced.

11:00 am WRAP UP - EVALUATION - IDEAS FOR NEXT YEAR

Training & Services