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News & Press: UPPO News

UPPO Board Announces New Dues Structure

Thursday, January 23, 2020  
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Periodically, the Unclaimed Property Professionals Organization (UPPO) Board of Directors reviews the dues structure to ensure UPPO is strategically positioned to serve the unclaimed property community.

 

In 2019, the Board of Directors formed the Dues Task Force to recommend options to simplify the dues structure, have it better reflect UPPO’s membership and help to achieve UPPO’s long term goals. The current structure is overly complex, does not reflect the makeup of the membership (holders and service providers) and is not well-suited to support UPPO’s benefits in the long term. The task force proposed the following new structure, which the board thoroughly considered and ultimately approved. Changes will become effective on May 1, 2020, facilitating the organization’s viability for years to come.

 

New Structure

UPPO will offer two membership types, each with dues structured as an annual, flat company rate and will include two individual seats – the first being the primary, voting member and the other will be a non-voting member which includes full member access and benefits, as well as serving as a secondary contact for the member firm. Additional seats may be added at any time for an additional charge.

 

    Membership Type      Dues (includes two seats)      Additional Seats
    Holders $695 annually $75 per seat per year
    Service Providers $895 annually $75 per seat per year

 

Benefits for both membership types will be added when the new dues structure is implemented.

 

Added Benefits – All Membership Types

  • Webinars – all eight live webinars will now be CPE-eligible and included with the cost of membership. Membership webinars will include three basic or introductory topics; three intermediate or advanced topics; one advocacy presentation; and one Annual Conference wrap-up presentation.
  • Legislative tracking – all members will have access to the enhanced features of govWATCH, currently known as govWATCH Plus.
  • Advocacy – UPPO will continue prioritizing its advocacy work to promote legislation that is both consumer and compliance friendly. Work will include active participation in the Holders’ Coalition, prompt action for newly introduced legislation, and staying connected with the association’s main political and policy interests and connections.

Added Benefits – Service Providers

  • The Free Provider Directory listing will now include a hyperlinked email contact (currently known as a level one listing).
  • One 30-day advertisement on UPPO’s website (beginning in July 2020).*
  • Provider Spotlight webpage rotation highlighting service provider members.*
  • Promoted Events webpage to advertise service provider webinars and events.*

The UPPO Board is confident this new structure will better position the organization for longevity. It will simplify the current, complex structure from 10 membership tiers to only two types; provide a more inclusive membership and more balanced revenue mix; address current inequities in member pricing; and improve acquisition of multi-person contact information for better membership retention. The new dues structure will be reflected in your next membership statement, at the time of renewal for the 2020/21 year.

 

If you have questions about this change or about your UPPO member benefits, please contact uppo@uppo.org. Thank you for your participation in the unclaimed property community and your membership in UPPO.

 

*These new member benefits will have separate communications to members as we draw closer to their release dates.


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