Inside this Issue:
Diamond Saw Works President & CEO Matt Sharpe Takes the Helm as the NY/NJ Chapter President
New York/New Jersey Chapter Awards
Upcoming Events
Chapter Membership Snapshot
Recap of Recent Events
2024 Chapter Officers
Executive Committee Volunteer Opportunities
Read the Full Issue >>
The ESOP Association
ESOP Association Resources
May. 15
Our first Member Spotlight of the year is fitting as Bob Theisen (DISTek) highlights our 2024 IA/NE Employee Owned Company of the Year - Rayser Holdings!
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May. 02
Over the past few months, The ESOP Association has been conducting an expansive market research study looking into attitudes toward ESOPs and employee ownership. Our goal for this ambitious project is to help ESOPs and professional service providers gain an edge in both internal and external communications through data-driven messaging that resonates with target audiences. We are just now starting to receive and analyze the results from this first-of-its-kind study, and we will release the initial findings and key takeaways at next week’s National Conference in Washington, DC.
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May. 01
Welcome to your March issue of the ESOP Report
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this issue:
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this issue:
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Oct. 31
Happy Employee Ownership Month! It’s been great to see the energy and enthusiasm with which our community is embracing EOM this October, and it seems like every year, more and more ESOPs are getting into the spirit. This year, my social media feeds have been full of ESOPs around the country engaged in fun, informative, and charitable activities promoting the transformative story of employee ownership.
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Oct. 26
Thanks to YOUR efforts, we are very close to reaching our ESOPATHON fundraising goal, with more than $300,000 raised to date! And with one week remaining, there is still time to contribute and help the Employee Ownership Foundation fulfill its critical mission of growing employee ownership in America. Just go to esopathon.org/donate to make your tax-deductible contribution today. It’s easy!
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Oct. 25
Welcome to your October Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this Issue:
Inside this Issue:
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Oct. 20
Pictured with Governor Parson (from left to right) are representatives of two employee-owned companies – Louis Landwehr, Winter-Dent & Company, and Doyle Edwards, Brewer Science – along with Trevor Monnig, president of the Heart of America Chapter of The ESOP Association.
Exciting news for ESOPs in Missouri! The announcement below, from September 6, is from the Missouri Chamber of Commerce:
Exciting news for ESOPs in Missouri! The announcement below, from September 6, is from the Missouri Chamber of Commerce:
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Oct. 19
Key Findings
Depending on the wealth measure considered, the estimates suggest that ESOP participants have about double the retirement wealth of otherwise similar non- ESOP individuals.
The results are broadly similar even when the sample was subdivided by retiree age.
ESOP wealth is somewhat more equally distributed among ESOP vs. non-ESOP participants.
Have you wondered what impact ESOPs have on wealth in retirement?
Do ESOPs influence wealth inequality among retirees?
Depending on the wealth measure considered, the estimates suggest that ESOP participants have about double the retirement wealth of otherwise similar non- ESOP individuals.
The results are broadly similar even when the sample was subdivided by retiree age.
ESOP wealth is somewhat more equally distributed among ESOP vs. non-ESOP participants.
Have you wondered what impact ESOPs have on wealth in retirement?
Do ESOPs influence wealth inequality among retirees?
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Oct. 18
In August, the U.S. Small Business Administration (SBA) announced several programmatic changes to the 7(a) loan program, including policies and procedures for ESOP loans. According to the SBA press release, the changes are meant to “increase small businesses’ ability to access funding to start up and grow through a broader network of lenders with streamlined lender procedures.”
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