Note:

The pre-registration is currently closed. If you would like to attend this event, please come to the NWPPA registration desk at the hotel, and our onsite coordinator will be happy to help you.

Who Should Attend:

Directors, policy makers and general managers. This event is a pre-conference class for the ORECA Annual Meeting, but is open to all.

Course Overview:

In this class, board members will consider common board room decisions and how these decisions impact the cooperative's financial strength. In one day, attendees will cover a year's worth of key financial decisions and how they affect the cooperative's equity position. Concepts will be reinforced through practical and strategic exercises designed to give attendees a theoretical understanding that he/she can apply to situations at their own co-op.

Course Topics:

• Explain the purpose and function of key financial statements (balance sheet, statement of cash flows, statement of operations).
• Apply a process for determining a board's philosophy regarding key financial metrics (TIER, Equity, MDSC).
• Analyze the impact of boardroom decisions (plant growth, construction, etc.) and tradeoffs between key financial areas (e.g., rates, equity and capital credits).
• Communicate clear guidance to the CEO regarding financial decisions.

Course Instructor:

John Penry, NRECA

Course Schedule:

Registration will begin at 12:30 p.m., and the course will run from 1-5 p.m. on the first day, and from 8 a.m. to noon on the second day. Morning and afternoon refreshment breaks will be provided.

Course Location:

Salem Convention Center
200 Commercial Street SE
Salem, OR 97301
(866) 614-1900

Hotel Information:

Grand Hotel in Salem
201 Liberty Street NE
Salem, OR  91301
(877) 540-7800

Room rates: $129 for a deluxe king, $139 for a double queen, $149 for a king suite, and $159 for a suite with a double queen

Please make your reservations by October 27, 2017. Use group code ORECA.

Course Fees:

Cancellation Policy:

Cancellations are accepted, with full refund, if request is made at least 30 days prior to the course. Within 30 days, fees are as follows: 15-29 days, $100; 1-14 days or "no show," 100 percent of registration fee. When possible, please send a substitute instead of canceling. NWPPA does not charge a fee for substitutions.

Continuing Hours:

This event is part of the NRECA Board Leadership Certificate Program.

This course also qualifies for 6 continuing hours. Certificates are issued upon full completion of the course.