Building the future of our profession … together!

HomeNews2018September

[su_quote]”My favorite member benefit: I have a virtually unlimited dental knowledge base through colleagues!” Dr. Mark Mihalo, Northwest Indiana Dental Society[/su_quote]Most members say they are likely to refer membership to their colleagues. As an active member, you know first-hand the value your membership provides. Member-Get-A-Member is the ideal opportunity to share your success by encouraging your nonmember colleagues to join ADA/IDA.

Incentives

You will be rewarded with a $100 gift card for each new, active member you recruit (up to five members or $500 in gift cards!) Or you may decline the incentive and ADA will contribute $100 to the ADA Foundation. Any ADA member dentist is eligible to participate. More details available at the ADA website>>>

Just tell the dentists you recruit to include your name on their applications. Then visit the recruiter’s form to tell us who you recruited by entering your name and ADA number, and the name of the potential member.

Recruitment Tips

  • Tell the story about why you’re a member. The ADA and your state and local dental societies provides lots of value to you. Why did you join?
  • Provide examples. A positive testimonial can be one of the strongest tools when recruiting new members.
  • Focus on their needs. Ask questions about their career goals, and based on their answers, identify and highlight the benefits of greatest value. This makes the conversation feel more like colleagues sharing solutions, and less like a sales pitch.
  • Close with a plan of action. Offer to email them instructions for joining online or give them a hard-copy membership application. Be sure they have your name so they can include it on the application!
  • Follow up. Touch base in a few weeks to see if they joined or have any questions. If they haven’t joined, this follow-up can serve as a gentle reminder. And if they have, it’s a nice opportunity to welcome them to the ADA.
  • Take the time to say thanks. Send them a short message thanking them for considering ADA membership and supporting dentistry. You might consider inviting them to an upcoming component meeting, charity care event or other gathering.

Campaign Materials

A growing ADA means greater recognition for the dental profession, more resources and support for members, and a louder voice in Washington and in state capitols across the country.

 

[su_button url=”Member Get a Member” target=”blank” style=”3d” background=”#201b9f” size=”14″ text_shadow=”1px 1px 1px #000000″ desc=”Member-Get-a-Member>>>”]ADA Member-Get-a-Member[/su_button]

IDA Completes Successful Financial Year

HomeNews2018September
Dr Thomas Blake
Dr. Thomas Blake
IDA Treasurer 2017-

IDA finances are strong, so said Blue and Co., when the CPA firm presented their annual audit report to the IDA Board of Trustees on Saturday, September 15.

“2017-18 was an exceptional year from a financial perspective,” said IDA Treasurer Tom Blake. “We finished the fiscal year with an increase in total net assets of $417,000. The IDA has 566 days of cash on hand, a very strong financial position.”

The increase in assets was primarily driven by an excellent return on reserve fund investments, as well as the profitable sale of the Central Office building.

Ironically, the building sale that set the stage for a profitable year tightened cash flow, explained Executive Director Doug Bush. “We moved from a building that was bought and paid for, into a new building that we lease. That transition increased reserves, but the new rent bill created a significant increase in operating costs.”

According to Dr. Blake, the new expense is being paid for by harvesting a portion of the return on reserve fund investments and using them for operations.

“We felt it would be unfair to ask members for a dues increase when we had more money in the bank,” said Dr. Blake. “Last spring the House of Delegates approved a strategy that allows us use a portion of reserve fund returns to assist with operations. Basically, we are using the reserve fund like an endowment. We use it to assist with day to day expenses, without dipping into the principal.”

“We are receiving a dividend from years of prudent financial management,” said Dr. Blake. “That’s good for our members.”

 

pictured above: The IDA Board meets at the new IDA Central Office on Saturday, September 15, 2019.