Event Calendar

Thursday, October 12, 2023

Director Finance Webinar Series

Start Date: 10/12/2023 8:30 AM CDT
End Date: 10/12/2023 9:45 AM CDT

Venue Name: Webinar

WI  United States 

Organization Name: Wisconsin Electric Cooperative Association

Wendy Fassbind
Email: wendy@weca.coop
Phone: (608) 467-4589

Director Finance Webinar Series
1 Skill Builder Credit/attendee to attend all 5 webinars
Please contact Wendy (wendy@weca.coop) for GROUP discounts

Who Should Attend: Board Members

Webinar 1 (January 19)
  • Electric Coop Financial Orientation – Balance Sheet
    • Our assets are different – long term and debt financed – why?
    • Capital credits – why, what, and how
    • Debt – Why do we have so much debt?  Are we ever getting out of debt?
Webinar 2 (April 12)
  • Electric Coop Financial Orientation – Operating Statement
    • Revenue – What is the purpose of revenue. 
    • Financial perspective on rate increases
    • The role of the board in expense management
    • Margin philosophies – how much and why
Webinar 3 (July 18)
  • Electric Finance Philosophies
    • Debt Management
    • What do we need for operating margins?
    • Financial Health – What does that look like for an electric co-op
Webinar 4 (October 12)
  • Financial Responsibilities as an Electric Cooperative board member
    • Audit
    • Budget
    • Financial Plans
    • Debt
    • Oversight
Webinar 5 (December 7)
  • Financial status correlation to cooperative culture and teamwork
    • The vibe from the financial position and decisions
    • Teamwork and coordination of efforts
    • Resolving and building a strong future

Associate Membership

Associate membership in the Wisconsin Electric Cooperative Association provides a continuing opportunity for providers of goods, services, materials, and equipment to build and maintain networking contacts with Wisconsin's electric co-ops and others with interests and needs related to all aspects of the electric power industry.

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