2020 - 2021 Officers and Board President Julie Gieber, CBF OrePac Building Products 503.685.5475 Vice President Ashlee Minty, CBA Northwest Natural Gas Co. 503.504.8506 Secretary Alaina Worden, CBF Carson Oil 503-471-4362 Treasurer Debora Diamond-Burt, CCE, CICP Schnitzer Steel Industries, Inc. 503.721.5660 1-Year Directors Melissa Garcia, CBF Bridgewell Resources LLC 503.872.3423 Barbara Davis, CCE Northwest Pump (503) 205-2137 2-Year Directors Bill Heintz, CCE Bridgewell Resources, LLC Eleanor Hartman, CBA Autodesk Inc 971.238.5407 Chairman of the Board Teresa Silva CPA, CCE Simple Sums Accounting PLLC 971.388.6016 National CFDD Area Director— Oregon Yvonne Prinslow, CCE Hampton Lumber Sales 503.203.6495 CFDD Liaison Clara Nemeth, CCE, CGA NACM Commercial Services 971.230.1144 "Challenge Yourself— Thrive to be the best you can be!" JULY 2020 Page 1 ZOOM VIRTUAL MEETING Economy Update – COVID and Beyond July 9, 2020 Meeting Location: Virtual! Meeting is from 4:30 – 5:30 p.m. Cost: $20 You are invited to join our scheduled Zoom meeting. Topic: July 2020 Monthly Educational CFDD Portland Chapter Meeting To Join Zoom Meeting: https://us02web.zoom.us/j/4620348230?pwd=ZE5URkYvaVZ0Q3FVcFFyNEtoU0szUT09 Meeting ID: 462 034 8230 Password: education We will do a quick business meeting and then start our educational portion with Mike P, Senior Economist. Professional Networking to follow questions and answers portion of his presentation Meeting starts at 4:30 p.m. Program: Economy Update – COVID and Beyond. Description: We are going to get some helpful information on the current economic situation and the coming impact we are all about to face in these unprecedented times Presenter: Mike Paruszkiewicz, Senior Economist at NW Natural, Northwest Economic Research Center, Adjunct Faculty, PSU Department of Economics Experience: Mike’s projects at NERC have ranged from natural resource demand modeling, to economic impact analyses of urban and regional policy changes, to short- and long-run regional economic forecasting. He specializes in building practical approaches to complex economic analysis, managing projects with broad scope, and effectively communicating technical and quantitative information to a general audience. Mike loves to teach, and has done so in a wide range of environments. Feel free to have a cocktail while we meet! Kind of a virtual happy hour! Please RSVP for Billing Purposes to [email protected].
Transcript
2020 - 2021 Officers and Board
President Julie Gieber, CBF OrePac Building Products 503.685.5475
Vice President Ashlee Minty, CBA Northwest Natural Gas Co. 503.504.8506
2-Year Directors Bill Heintz, CCE Bridgewell Resources, LLC
Eleanor Hartman, CBA Autodesk Inc 971.238.5407
Chairman of the Board Teresa Silva CPA, CCE Simple Sums Accounting PLLC 971.388.6016
National CFDD Area Director— Oregon Yvonne Prinslow, CCE Hampton Lumber Sales 503.203.6495
CFDD Liaison Clara Nemeth, CCE, CGA NACM Commercial Services 971.230.1144
"Challenge Yourself—Thrive to be the best you can be!"
JULY 2020
Page 1
ZOOM VIRTUAL MEETING Economy Update – COVID and BeyondJuly 9, 2020Meeting Location: Virtual! Meeting is from 4:30 – 5:30 p.m.Cost: $20
You are invited to join our scheduled Zoom meeting.
Topic: July 2020 Monthly Educational CFDD Portland Chapter Meeting
To Join Zoom Meeting:https://us02web.zoom.us/j/4620348230?pwd=ZE5URkYvaVZ0Q3FVcFFyNEtoU0szUT09
Meeting ID: 462 034 8230Password: education
We will do a quick business meeting and then start our educational portion with Mike P, Senior Economist. Professional Networking to follow questions and answers portion of his presentation
Meeting starts at 4:30 p.m.
Program: Economy Update – COVID and Beyond. Description: We are going to get some helpful information on the current economic situation and the coming impact we are all about to face in these unprecedented times
Presenter: Mike Paruszkiewicz, Senior Economist at NW Natural, Northwest Economic Research Center, Adjunct Faculty, PSU Department of Economics
Experience: Mike’s projects at NERC have ranged from natural resource demand modeling, to economic impact analyses of urban and regional policy changes, to short- and long-run regional economic forecasting. He specializes in building practical approaches to complex economic analysis, managing projects with broad scope, and effectively communicating technical and quantitative information to a general audience. Mike loves to teach, and has done so in a wide range of environments.
Feel free to have a cocktail while we meet! Kind of a virtual happy hour! Please RSVP for Billing Purposes to [email protected].
JULY 2020
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JJuullyy’’ss RRaaffffllee
We will have baskets to raffle off at July meeting (via Zoom).
Proceeds benefit the CFDD Portland Chapter Scholarship Fund.
We are looking for donations around
the theme of “Tranquility Spa”
Suggestions include wine, candle, facial mask, bath puff, sugar scrub,
Member Birthdays - July Julie Giber July 1Liz Simich July 2Yvonne Prinslow July 7Heather Talbert July 10Ashlee Minty July 11Pamela Price July 12Ellen Wodiuk July 16Ruth Moehnke July 20
President’s Message Thank you for the privilege to serve as your President for the next year. It will be an honor and good opportunity for me to develop personally and professionally. I look forward to working with the Board of Directors and members to promote CFDD and help our chapter continue to thrive during these unprecedented times.
My theme this year is, “Knowledge is Power”. CFDD is a great organization, it has made a huge difference in my professional growth. Every educational meeting, I get at least one nugget of information I can use or helps solidify why and what to do in certain situations. Education is power, the power to make good, solid decisions that you are confident in presenting to your customers or management. Every credit decision has a different set of circumstances and reaching out and learning from other members in CFDD has made my job easier and made me more confident.
Coming together every month with like-minded individuals is fun, educational and inspiring. It is a driving force to attain my certifications as well! Last month was our first “virtual” get together, I think it went well and we discussed how to move forward. It was my first time hosting a Zoom Meeting as well! So good to see everyone’s faces and I felt as if it was a more relaxed environment! Everyone spoke up and had fun giving input. We didn’t have an educational piece to it as this is unprecedented, we wanted to see how it would go and we had about 20 on the call for most of the meeting; there was no charge for attending.
Please join us on the next educational meeting by ZOOM on July 9th at 4:30 p.m. An invitation will be forthcoming, and you will earn CEU’s for attendance, cost is $20. We are going to get some helpful information on the current economic situation and the coming impact we are all about to face in these unprecedented times by Mike Paruszkiewicz, Senior Economist at NW Natural, Northwest Economic Research Center, Adjunct Faculty, PSU Department of Economics. It should be enlightening, and your management will be impressed with the knowledge that you are keeping up on the situation at hand. Knowledge is power. Hope to see you all soon!
Don’t forget, CFDD National is still planned for September 10-11, 2020 in Oklahoma City, OK! Early Bird registration is $495 by 7/10.
Have a fun, relaxing and safe 4th of July!
Julie Gieber, CBF CFDD Portland Chapter President
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Do you have personal experiences with one of our chapter’s members who have helped either you or other members of our chapter, as well as the credit profession? If so, take the time to formally recognize the positive impact of that individual on you and our chapter and nominate him/her for the CFDD Portland Chapter’s 2020 Distinguished Member Award. The only way to be considered for DMA is to be nominated directly from our Portland Chapter membership. Please submit your nominations to Debora Diamond-Burt CCE, CICP [email protected], 2020 DMA Selection Committee Chairman. Please include a brief background on the individual(s) and the reasons why you feel he/she should be considered for this prestigious award. Nominations close August 15, 2020, so don’t delay!
A Nomination Form is included with this issue of the Creditline to make it even easier!
Distinguished Member Award Honor a Member—Honor our Chapter
Dollars for Scholars
Dollars for Scholars is just one of our scholarship opportunities available to the CFDD Portland Membership. Members can accrue scholarship “dollars” by attending the monthly chapter meetings, or serving on a committee or the chapter board of directors. The accrued dollars can be used toward testing fees, educational offerings, and conference related expenses.
To find out your current dollars for scholars points, you can contact the scholarship chair Barbara Davis, CCE at [email protected]
Dollars for Scholars
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CFDD-Portland Chapter Distinguished Member Award
2020 Nomination Form The 2020 DMA Selection Committee welcomes your nomination for individuals for this prestigious award. Our CFDD-Portland Chapter’s Distinguished Member is chosen by a point system. The DMA Selection Committee reviews all nominations and interviews all nominees to ascertain the points each has earned. Your 2020 Distinguished Member(s) will be formally presented to the membership at our September Special Recognition Evening. The maximum points possible include:
More than one name may be submitted per Member. Prior DMA recipients are not eligible to receive this Award unless they have accomplished something particularly outstanding since their previous Award. Any questions should be directed to Debora Diamond-Burt CCE, CICP at (360) 518-7923. Please email this completed form to her no later than August 15, 2020. You can also email nominations to [email protected] To: Debora Diamond-Burt CCE, CIP and the 2020 DMA Selection Committee: I submit the following name(s) for our 2020 Distinguished Member: _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ The reason(s) I am nominating this person(s) is: ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ (Attach additional sheet(s) if necessary) Submitted by: ________________________________________________________ Date: ___________
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CFDD Portland Chapter2020-2021 Budget (Proposed)
Income ExpenseDues:Membership Dues (53 members x $110) Unrestricted 6160Membership Dues (53 members x $75) Unrestricted (4200)CEU's Yearly Unrestricted (60)
Appetizers/Dinners:(16 people X $40 X 10 months) Unrestricted 6400(20 people X $37.40 X 6 months) Unrestricted (3740)(1 Platter @500 w/24% gratuity X 5 months) Unrestricted (3100)
Holiday Party:(25 people X 50) Unrestricted 1250(25 people X 37.40) Unrestricted (1178)Decorations/Misc Unrestricted (100)Entertainment Unrestricted (75)Silent Auction Fund Raiser Restricted 300
Fund Raising:Monthly Raffle Unrestricted 1100Credit Retreat - Spring Restricted 2500Fall Wine Tour Restricted 1000Quarterly Baskets RestrictedSpecial Fundraisers Restricted 3671 **Fall Auction Restricted 1000Miscellaneous Income - Restricted Restricted 100Miscellaneous Income - Unrestricted Unrestricted 100Interest Earnings on Checking Unrestricted 2
Scholarships:$ for Scholars Restricted (3000)Credit Congress Scholarship-R Ollison Restricted (2000)(1 full registration, hotel and airfare)Credit Retreat Scholarships (700)Jeffrey L O'Banion CCE, ICCE General fund Restricted 0President Elect - National Credit Congress Restricted (1200)President - CFDD National RestrictedCFDD National Scholarship Restricted (1020)
TOTAL NET 23,583.00$ (23,583.00)$ RESTRICTED FUNDS 8,571.00$ (7,920.00)$
UNRESTRICTED FUNDS 15,012.00$ (15,663.00)$
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CFDD Vision Statement—"The mission of the NACM Credit and Financial Development Division is to develop tomorrow’s business leaders through core offerings."
CFDD Mission Statement—"To be a leading provider of professional development opportunities through learning, coaching, networking, and individual enrichment."
Total beginning balance of Restricted and Unrestricted Funds 13,604.96 Unrestricted Funds Beginning balance as of May 1, 2020 2,474.78 Income 91.74 Expenses (5.00)Ending balance as of May 31, 2020 2,561.52 Restricted Funds Beginning balance as of May 1, 2020 6,344.26 Income Expenses Ending balance as of May 31, 2020 6,344.26 Total ending balance of Restricted and Unrestricted Funds 8,905.78 Breakdown of Accounts Unitus 1 Share Deposit 5.02 Checking Account Balance 4,707.24 Outstanding Checks/Deposit Money Market Account Balance 4,193.52 Ending balance as of May 31, 2020 8,905.78
Meeting Minutes CALL TO ORDER: 4:40 pm Julia Gieber, CBF
INTRODUCTIONS Past Presidents & Special Guests in attendance
o Past Presidents: Brett Hanft CBA; Yvonne Prinslow CCE; Debora Diamond-Burt CCE, CICP, Teresa Silva, CPA, CCE
o NACM CS Board Members: Mark Teeter, CCE, CICP, Director, Eve Sahnow, CCE, Director o NACM CS Foundation Board Members: Teresa Silva, CPA, CCE, Treasurer; Brett Hanft, CBA, Director;
Mark Teeter CCE, CICP, Director o CFDD National Board: Brett Hanft CBA, Chairman of the Board; Yvonne Prinslow, CCE, Area Director
NACM/CFDD Liaison: Clara Nemeth, CCE NACM Commercial Services
Special Guests:
BUSINESS MEETING:
♦ Approval of March 12th meeting minutes as presented in the Creditline. ♦ motion to approve: Melanie Etzel, CCE, Second Yvonne Prinslow, CCE. All in favor, Motion
carries. ♦ Approval of 2020/2021 budget as presented in the Creditline.
♦ motion to approve: Debora Dimond-Burt, CCE, CICP, Second Alaina Worden, CBF. All in favor, Motion carries.
♦ Audit Committee will be by end of June to close books for 2019/2020 Reports of Officers, Boards, and Standing Committees
♦ Treasurers Report - Ashley Minty, CBA- 1 small deposit, will email Treasurers Report to members
♦ Program - Julie Gieber, CBF- May: - No Meeting June – Zoom Call; Happy Hour July - TBD August - TBD
♦ Membership - Yvonne Prinslow, CCE No change in membership – Holding at 56 members
♦ Scholarships - Barbara Davis, CCE Julie Gieber, CBF spoke regarding Dollars for Scholars, and to contact Barbara Davis, CCE for balance.
♦ Fundraising - Alaina Worden, CBF Tonight: Mystery Basket, July – Tranquility Spa COVID style, August – Wine Party Picnic. Group discussion regarding Fall fundraiser– possible Wine Tour again depending on COVID restrictions, tentatively scheduled for September.
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♦ Area Director - Yvonne Prinslow, CCE CFDD national scholarship deadline July 15th, spoke about the upcoming CFDD National Conference September 10-11th in Oklahoma City. Early Bird deadline July 10th also spoke about NACM National on-line Conference June 14th. Online educational sessions available until August 31st. Great opportunity to take advantage of. ANNOUNCEMENTS:
o Look for updated information regarding Zoom meeting for July and future months depending on COVID restrictions.
CFDD National Conference—Year(s) attended: _________________________________________________________________________
National Credit Congress—Year(s) attended: ___________________________________________________________________________
I understand that if I am selected for a scholarship, I must submit a written report to the Scholarship Committee within three weeks of completion of the class or seminar. At my option, I may make an oral report to the membership in place of the written report.
Member Name: __________________________________________Company Name: __________________________________________
12. Mail, fax, or email to: Barbara Davis, CCE Northwest Pump & Equipment 2800 NW 31st Ave., Portland, Oregon 97210-1720 p: 503.227.7867 f: 503.227.4430 e: [email protected]
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Please type or printI hereby make application for membership in the National Association of Credit Management, Credit Financial Development Division, Portland Oregon Chapter.
Company DataName: ____________________________________Title: ____________________________________________
Annual dues are billed the end of October each year and the membership year is January 1 through December 31. Dues are $110 per year and are prorated on the basis of $9.17 per month.
Please bill my firm on the next NACM Commercial Services statement $ ___________________________________
