Frequently Asked Questions
1. What are the benefits of membership in ELFA?
Please visit the membership information page to learn about the value of your ELFA membership.
2. My company is a member. How can I gain member benefits?
You may create your individual profile by following these instructions.
3. When are ELFA 2014 dues payments due?
ELFA Membership dues are due by January 1, 2014. There isn't a penalty for late payment; however, the full amount is due for the membership year. Subsequently all member benefits are suspended until membership dues are paid in full or a payment plan has been established.
4. how are the membership dues calculated every year?
The dues for Regular Members are based on the company’s Annual Volume or Total Assets, whichever is greater. The dues for International and Associate Members are based on the total number of employees in the company. The dues are a flat rate for all other member types.
An increase of 2% or the Consumer Price Index from September 30th of the previous year, whichever is greater, will be applied to the membership dues on an annual basis.
Regular Membership Dues
|$0 - $20 Million||$2,920|
|$20 - $50 Million||$4,240|
|$50 - $250 Million||$6,370|
|$250 - $500 Million||$8,490|
|$500 - $800 Million||$10,610|
|$800M - $1 Billion||$14,850|
|$1.0 - $1.5 Billion||$18,560|
|$1.5 - $2.0 Billion||$23,870|
|$2.0 - $3.0 Billion||$34,480|
|$3.0 - $5.0 Billion||$42,430|
|$5.0 - $10 Billion||$53,040|
|$10 - $25 Billion||$58,340|
|$25 Billion +||$68,950|
Associate Member Dues
|Number of Employees
(For the entire company)
|1 - 5 Employees||$3,710|
Other Member Types
|Transitional - 1 Year||$530|
|Transitional - 18 Months||$1,060|
7. What happens if I don't renew for the current year but want to renew the following year?
Membership dues are due by January 1, 2014. If dues are not paid by this date, all member benefits will be suspended. Your company's employees will not be able to receive member discounts or copies of the Equipment Leasing & Finance magazine, or access the members-only sections of ELFAonline.org for the lapsed year or until dues are paid.
A non-renewing, Regular Member organization will be permitted to attend one ELFA conference as a non-member and pay the applicable non-member registration fee. If the company wishes to attend another ELFA conference thereafter, it must join as a Regular Member.
9. I'm a former member. Can I pay dues to be reinstated?
If your membership has lapsed during the previous year, you are required to pay for both the current and previous years' dues. If it has been two years or more since your membership was active, your company must rejoin as a new member.
10. What portion of the 2014 ELFA membership dues are deductible as a business expense?
Payments for membership renewals are deductible for most members of a trade association under Section 162 of the Internal Revenue Code. However, under a provision of the 1993 Federal Tax Legislation, beginning in 1994 the portion of dues used by a trade association for state and federal lobbying purposes is not deductible by members as a business expense for federal tax purposes. For 2014, the percentage of an ELFA member's dues that are deductible as a business expense is 70%.
11. Who can I contact about membership with ELFA?