Equipment Leasing and Finance Association - Equipping Business for Success

Membership FAQ

• 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. Update your staff listing

  Key contacts of ELFA member companies are encouraged to periodically update your staff listing in the ELFA member directory. This ensures your employees have access to the full array of member benefits and allows ELFA to communicate with the relevant people within your organization. Please take a moment to log into the ELFA website and remove former employees as needed. Learn more
  
  New hires of an ELFA member company may gain access to member resources by creating an account from the ELFA website.
  Learn more

• 4. When are ELFA 2020 dues payments due?

  ELFA Membership dues are due by December 31, 2019. 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.

• 5. 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.

  An increase of 2% or the Consumer Price Index, whichever is greater, will be applied to the membership dues on an annual basis.

  Regular Membership Dues

  Size	2020 Dues (US)
  $0 - $20 Million	$3,160
  $20 - $50 Million	$4,600
  $50 - $250 Million	$6,900
  $250 - $500 Million	$9,190
  $500 - $800 Million	$11,490
  $800M - $1 Billion	$16,080
  $1.0 - $1.5 Billion	$20,100
  $1.5 - $2.0 Billion	$25,850
  $2.0 - $3.0 Billion	$37,330
  $3.0 - $5.0 Billion	$45,930
  $5.0 - $10 Billion	$57,410
  $10 - $25 Billion	$63,150
  $25 Billion +	$74,650

  
  

  Associate Member Dues

  Number of Employees (For the entire company)	2020 Dues (US)
  1 - 5 Employees	$4,020
  6+ Employees	$5,750

  
  

  Other Member Types

  Education/Government	$630
  Transitional - 1 Year	$570
  Transitional - 18 Months	$1,160

• 6. What happens if I don't renew for the current year but want to renew the following year?

  Membership dues are due by December 31, 2019.  If dues are not paid by January 31, 2020, 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.

  Effective 2014, 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.

• 7. 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.

• 8. What portion of the 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 2020, the percentage of an ELFA member's dues that are deductible as a business expense is 77%.

• 9. Who can I contact about membership with ELFA?

  Andrea Tzamaras
  Membership Manager
  atzamaras@elfaonline.org
  202.238.3422

  Julie Benson
  Vice President, Membership Marketing
  jbenson@elfaonline.org
  202.238.3432