Dear Corporate Member,
I trust you enjoyed a peaceful Thanksgiving. This time of reflection deepens my appreciation for your commitment to NMSDC and our shared vision to accelerate MBE growth and advance economic equity. Your role in NMSDC’s success is invaluable.
As you know, over the last two years, NMSDC has embarked on a transformative journey to enhance our member services and accelerate MBE growth. An aspect of this transformation is the recalibration of membership dues. NMSDC membership dues have remained unchanged since 2014 despite a 29% inflation hike. While we have taken pride in this stability, it poses significant challenges in improving and sustaining the level of support we offer to MBEs and corporate members like yourself.
After thorough analysis and consultation, including feedback from our corporate members, the NMSDC Executive Committee has approved a 15% increase in national membership dues, effective January 1, 2024. We recognize the potential challenges this may cause and want to assure you that this decision was not made lightly, and this measure is crucial for our progression.
As a reminder, membership dues are based on annual revenues from the prior year. Please refer to the table below to determine the impact on your organization.
Dues Structure