The National Society of Accountants for Cooperatives (NSAC) is a professional society, formed in 1936, comprised of approximately 1,500 individual members actively involved with the financial management and planning of cooperative business. Members are able to affiliate with one or more chapters. The Electric Cooperative Chapter is national in scope while the other chapters are geographically structured. Members may choose which chapter(s) they join. Typically members will select the regional chapter from where their primary office is located and if they work for or provide services to an electric cooperative, they will also join the Electric Cooperative Chapter. If their cooperative serves an area that spans several chapter areas, he/she will join multiple chapters to stay current in various regions and make connections in multiple locations.
Atlantic
DE, DC, MD, PA, PR, VA, WV, CT, ME, MA, NH, NJ, NY, RI, VT, AL, FL, GA, NC, SC, TN
Electric Co-op
Nationwide
Far Western
AZ, CA, HI, NV, UT
Great Lakes
MI, WI, IL (Northern)
Mid-West
CO, KS, NE, NM, OK
Mississippi Valley
AR, IA, IL, IN, KY, MO, MS, OH
North Central
MN, ND, SD
Pacific Northwest
AK, ID, MT, OR, WA, WY
Texas
LA, TX
Upcoming Events
2023 Tax, Finance & Accounting Conference for Cooperatives (TFACC)
SAVE THE DATE for the 2023 Tax, Finance & Accounting Conference for Cooperatives (TFACC), in Portland, Oregon, July 23-26. TFACC is the only conference uniquely tailored to providing education, resources and connections to professionals involved in the financial management and planning of cooperatives. This highly anticipated conference offers proven strategies, tools, and resources to help your co-op increase efficiencies, improve financial ...
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New Energy Funding Available for Cooperatives Through USDA’s REAP/IRA Program
Find out how rural cooperatives can benefit from grants and guaranteed loans to finance renewable and energy efficiency upgrades through the USDA’s IRA Rural Energy for America Program. Agricultural producers and small businesses may be able to access energy improvements. Agricultural producers may also apply for new energy-efficient equipment and new system loans for agricultural production and processing. The Inflation Reduction Act provided an additional $2 billion for the Rural Energy for America Program (REAP). USDA made $300 million available in the first round; while the application deadline is March 31, look for additional notices of funding availability to be published in the future.
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Features of Modern Cooperative Statutes in the United States
While practitioners may wish for uniform cooperative laws or even a “Delaware for Cooperatives,” U.S. cooperative statutes continue to vary greatly. This webinar will describe common and novel features of general purpose, agricultural, and worker cooperative statutes across the United States including statutes based on a limited association model. We will consider which statutory features best accommodate the needs of cooperative businesses and their members, which state statutes have furthered successful cooperative ecosystems, and what provisions could be drafted to make cooperative statutes even more effective.
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