The ESOP Association Blog

Covering ESOPs and employee ownership

2015 Las Vegas ESOP Conference & Trade Show

esop-slide-template - 2015 Vegas Conference

Las Vegas ESOP Conference & Trade Show

Las Vegas ESOP Conference & Trade Show
November 12 & 13, 2015
Caesars Palace
Las Vegas, NV

Contact Rosemary Clements or Maya Van Buren @ meetings@esopassociation.org or (202) 293-2971

Don’t Miss the Largest ESOP Conference in the World!
Online Hotel Reservations (Room cutoff October 8, 2015 or until all room are sold)

Click to register

Filed under: Conference Information,

June 2015 Roundup

It’s the last day of June so a monthly wrap-up it is!

Upcoming 2015 July events

Support for ESOPs

The June 2015 Washington Report from the ESOP Report

Welcome to new corporate members

We shared a pic of the 2015 Employee Ownership Month Poster Contest winner

Show your ownership spirit

The June 2015 ESOP Report was published

Registration is now open for the 2015 Employee Owner Retreat

Jobs remained stable in the employee stock ownership sector

ESOP advocates list

Spring Advocacy Kits

Dates announced for the 2015 Employee Owner Retreat

We noted how to access Issue Briefs and the Membership Directory on the website

Carris Reels beats the drum for ESOPs

Filed under: Chapter News, Conference Information, Economic Performance, Employee Ownership Foundation, Employee Ownership Month (EOM), ESOP Report, Government Affairs, Issue Brief, Member Services, Publication, TEA Members,

July 2015 ESOP Calendar of Events

We have some great events happening in the next few weeks. Event info, registration, links, and contact information below.

Iowa/Nebraska Chapter – 10th Annual EOF Golf Outing and Roundtables (Ashland, NE)

July 16, 2015

Iowa/Nebraska Chapter
10th Annual Employee Ownership Foundation Golf Outing and Roundtables
Agenda & Registration
Quarry Oaks
Ashland, NE 68003
2015 Sponsorship Form-IA/NE
For more information contact Donna Walseth at dwalseth@esopexec.org or 763.785.4122
Leading in an Ownership Setting: The Program for CEOs – Part I (Philadelphia, PA)

July 26 – 31, 2015
Employee Ownership Foundation & University of Pennsylvania’s

School of Social Policy & Practice
University of Pennsylvania
Philadelphia, PA
Contact Rosemary Clements (202) 293-2971 or rose@esopassociation.org
Registration, Tuition & Hotel Information

 

Mid Atlantic Chapter – 2015 Breakfast Meeting (Springfield, VA)

July 28, 2015
Mid Atlantic Chapter
2015 Mid Atlantic Chapter Breakfast Meeting
HOSTED BY: Mid South Building Supply
7940 Woodruff Ct.
Springfield, VA 22151
Click to register

2015 Printable Registration Form MAC July Breakfast Meeting

For more information contact Shelly Dennis at sdennis@esopexec.org or via phone at 603.756.3441

Filed under: Chapter News, Conference Information, Employee Ownership Foundation

Support for ESOPs and Employee Ownership in America

ESOP Association President, J. Michael Keeling, introduces and discusses two very different video from former President, Ronald Reagan, and Senator, and current Presidential candidate, Bernie Sanders.


Links to the two videos follow:

Ronald Reagan’s Speech on Project Economic Justice

Senator Bernie Sanders ESOP PAC Breakfast Speech

Filed under: Government Affairs, ,

Ignore “Fur Git It” Messages

Please note, the following article originally ran as the Washington Report column in the June 2015 issue of the ESOP Report, the newsletter of The ESOP Association.

Tax Reform: With the leader of the Senate, Senator Mitch McConnell (R-KY), making it clear that the Senate will not consider a tax reform bill until 2017, when there is a new President, the media, in its usual superficial manner, says the message to America is to forget about tax reform legislation.

Well, depends on one’s perspective, and from the perspective of the media, which is selling a product, the drive is to report on what’s happening now, or what may happen tomorrow, as opposed to focusing on the building blocks of events that might be months, or even years, down the road.

But if one is interested in an outcome that will be determined to a great extent by the building blocks, even the foundational building blocks, what the Senate Finance Committee is doing, and what the Chair of the House Ways and Means Committee, Congressman Paul Ryan (R-WI), is planning to do, is important to ESOP advocates.

To explain with two references: ESOP advocates, and 99% of the readers of this column fall into this category, are very interested in the laws that encourage the creation and operation of ESOPs. Many may not be aware that the last tax reform bill, referred to as the Tax Reform Act of 1986, was not created in 1986 — in other words, it was not a “one-year” legislative activity. In fact, the first comprehensive proposal from the Administration surfaced in 1982. And in fact, the first written proposals in Congress, primarily led by members of Congress, Congressmen Jack Kemp (R-NY) and Richard Gephardt (D-MO), and Senator Bill Bradley (D-NJ), surfaced in the late 70s and early 80s. (People forget that upon taking office, President Carter put to the Congress a tax reform bill that led to a big tax bill, but it was not a true comprehensive tax reform bill).

Second reference point to illustrate that ESOP advocates are not to forget tax reform until 2017. In the first quarter of 2014, the then Chair of the House Ways and Means Committee, after months and months of review by subgroups of the Ways and Means Committee, published a real comprehensive tax reform proposal. In prior years, when a leader, be it the President, or a chair of one of the Congressional tax committees, released his “first” version of tax reform legislation, that proposal becomes the foundation, the first building block as it were, for the final structure. Yes, the final building does not look like the foundation, but it has a foundation that determines many, many aspects of the building’s look. The Camp Tax Reform proposal will still have many of its details in any bill adopted in 2017, or ever later.

What to Do? The ESOP Association’s Washington office continues to monitor, keep an eye on the sub-groups of the Senate Finance Committee that are reviewing tax laws that relate to ESOP creation and operation. The goal is to ensure the positive record of ESOP companies — particularly in having a record of sustainable jobs controlled in the United States — is known by key Senators and their staffs; but most important is to be ready to let the true power behind ESOP laws, ESOP companies and their employee owners, stand out when intense messaging is needed. But, the easiest, and in conjunction with keeping ESOPs front and center in the minds of women and men in Congress is to push for Representatives and Senators to co-sponsor H.R. 2096 and S. 1212 respectively. (For details, Advocacy Kit, or watch Spring Advocacy Kit Intro and Why You Should Invite Your Member of Congress to Visit Your Company.)

In other words, do not take a vacation from making sure those who will eventually decide on tax reform laws know why ESOP laws should be continued and expanded, by using pro-ESOP bills as the tool to make the case for ESOPs, and to have elected officials declare openly a pro-ESOP position.

Filed under: ESOP Report, Government Affairs,

Welcome New ESOP Association Members

We wanted to take a moment to officially welcome new members to the Association.

esop-logo-large1.jpg

Amid, Inc. Aka American Medical Identifications, Houston, TX

BLM Technologies Inc., Plymouth, MN

Bruske Products, Tinley Park, IL

Carney, Sandoe & Associates, Boston, MA

Clark Insurance, Portland, ME

Clim-A-Tech Industries, Inc., Hopkins, MN

Controlled Blasting, Inc., Winder, GA

Davies Office Refurbishing, Inc., Albany, NY

De Maximis, Inc., Knoxville, TN

Diablo Country Magazine, Inc., Walnut Creek, CA

Digicon Corp., Rockville, MD

Dividend Assets Capital, Ridgeland, SC

Electro-Matic Ventures, Inc., Farmington, MI

Employee Benefits Corporation, Madison, WI

First State Bancorp of Monticello Inc., Monticello, IL

Foley Material Handling Co., Inc., Ashland, VA

Goettle Construction, Cincinnati, OH

Hamill Manufacturing Company, Trafford, PA

Henny Penny Corporation, Eaton, OH

Hoffman & Hoffman, Inc., Greensboro, NC

Homeland Security Solutions, Inc., Hampton, VA

ICM, Inc., Jacksonville, AR

Carlson Services, Inc., Shevlin, MN

Jasper Rubber Products, Inc., Jasper, IN

JLG Architects, Grand Forks, ND

KeHE Distributors, Inc., Naperville, IL

Kenneth’s Hair Salons & Day Spas Inc., Columbus, OH

McCownGordon Construction, Kansas City, MO

Mead Lumber, Columbus, NE

Millenium Medical Education Resources, LTD., Doylestown, PA

National Technologies Associates, Inc., Arlington, VA

Network Center Inc., Fargo, ND

New England Controls, Mansfield, MA

Normandeau Associates, Inc., Bedford, NH

P.W. Grosser Consulting, Inc., Bohemia, NY

Parman Energy, Nashville, TN

Patton Hospitality Management, Asheville, NC

PCG Equity, San Francisco, CA

Printing Technologies, Inc., Indianapolis, IN

Public Affairs Support Services, Inc., Reston, VA

Raulli & Sons Inc., Syracuse, NY

Sain Engineering Associates, Inc., Birmingham, AL

Steel-Pro, Inc., Rockland, ME

Strem Chemicals, Inc., Newburyport, MA

Tecnico Corporation, Chesapeake, VA

Texas Scenic Company, Inc., San Antonio, TX

The Auto Park, Inc., Plymouth, IN

Virginia Systems and Technology, Inc., Warrenton, VA

Filed under: Member Services, TEA Members,

2015 Employee Ownership Month Poster Contest Winner

In the last few weeks, we’ve received a lot of questions about this year’s Employee Ownership Month Poster Contest Winner. Well, let us introduce you to the winner and share a photo!

ASU Group, located in Okemos, Michigan, has been selected by The ESOP Association as its 2015 Employee Ownership Month Poster Contest Winner. The winning poster design was unveiled at the Association’s 38th Annual Conference in Washington, DC.

Here’s our press release and a photo is below.

2015 EOM poster

We’ll be sharing more info as we get closer to Employee Ownership Month. Congrats to the employee owners of ASU Group!

Filed under: Employee Ownership Month (EOM),

Show your ownership spirit!

ESOP flag

Fly it proudly under, or next to, Old Glory. The ESOP flag with ESOP logo and “Employee Owned” on royal blue nylon, 3’ x 5’. The ESOP flag meets all industry standards for outdoor display. Durability subject to weather conditions.

Members $68.00   Non-Members $500.00

Visit our website or call 202-293-2971 to purchase the ESOP flag!

Filed under: Member Services, Publication,

June 2015 ESOP Report is Available

The June 2015 ESOP Report newsletter is now available for members. To access this month’s issue, you’ll need to sign into The ESOP Association’s website. The Member Sign In button is located at the top of the page.

To get to the ESOP Report, click Meet & Learn. A link to the ESOP Report is located on the left side menu.

June2015ESOPReportCOVERsmall

Filed under: ESOP Report,

Registration is now open for the 2015 Employee Owner Retreat!

Foundation

The Employee Owner Retreat is a course in capitalism for average pay employees that enhances each participant’s understanding of, and contribution to, her or his ESOP company. Faculty is from the Ohio Employee Ownership Center, which is affiliated with Kent State University. The Employee Owner Retreat is an educational program sponsored by the Employee Ownership Foundation.

August 13-15, 2015

Double Tree Suites-Downers Grove

2111 Butterfield Road

Downers Grove, Illinois  60515

Registration information is available on the website.

Questions: Contact Maya Van Buren 202/293-2971, meetings AT esopassociation.org or Chris Cooper at the Ohio Employee Ownership Center 330/672-0338, ccooper1 AT kent.edu.

 

Filed under: Conference Information, Employee Ownership Foundation,

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