Who We Are:
Financial Management Association (FMA) was formed over thirty years ago when the Chief Financial Officers (CFO) of several New York agencies gathered to discuss how sharing of information and knowledge of financial issues of OPWDD, MentalHealth and SED programs could be shared among the non-profit community.
Officers were selected at the first meeting and regular meetings were established. ln 1987 a joint conference was held in Cooperstown with FMA and the Day Habilitation Providers Association. This three day event has grown from attendance of 100 to over 250 attendees, speakers, sponsors and vendors.
Speakers at the regular meetings cover topics that range from auditing requirements, Consolidated Fiscal Reporting (CFR), insurance issues, payroll and rate calculations. Opportunities for speakers to discuss their own company and services are available at the vendor show at the annual conference.
Each meeting has an open discussion period where any and all questions are welcome. The sharing of best practices has been invaluable to all and especially to CFO’s who are new to the non-profit world.