How is ALA-APA financially supported?
A8 Ultimately, ALA-APA must be a self-sustaining organization. While ALA cannot legally support ALA-APA operations on an ongoing basis, it can make an initial loan to the ALA-APA to enable it to establish itself; that loan must be repaid, with interest. The ALA-APA Business Plan, accepted by the ALA-APA Board of Directors in November 2002 on the recommendation of BARC and the Finance & Audit subcommittee, includes revenues from five sources: (a) voluntary contributions, (b) certification applications, (c) consulting services related to comparable worth studies, (d) statistical research reports, and (e) a monthly, electronic newsletter. Under the Business Plan, the ALA-APA becomes self-sufficient in year four and begins loan repayment to ALA in year five. The ALA-APA will utilize some ALA services (e.g. accounting), for which ALA will receive an “indirect cost” or overhead payment. ALA-APA will also pay rent to ALA for office space utilized.
