ASAE and ASAE Business Services, Inc. announces its partnership with TriscendNP, LLC (Triscend), provider of the ASAE-Endorsed Executive Compensation Solution. This program becomes one of six top-quality ASAE-Endorsed business products and services chosen after undergoing the ASAE Business Services stringent due-diligence process.
For decades, deferred compensation arrangements have been the default approach to supplemental retirement benefits for association executives. These plans are compensatory in nature, resulting in adverse financial statement impact and permanent loss of association capital. The ASAE-endorsed Executive Compensation Solution is an alternative to these legacy arrangements and allows for associations compensate the executive and recover the cost of the plan.
Triscend is a great fit for the ASAE community because it will give associations the flexibility to develop customized compensation and benefits packages for executive leaders and improve their ability to recruit and retain talented executives to their organizations, said ASAE President & CEO John H. Graham IV, CAE.
Since 2001, Triscend has been working with associations, academic institutions, non-profit healthcare organizations, and credit unions to provide talent and capital management solutions while ensuring the funds are allocated in a way that supports the organizations mission and financial health.
We are excited to join forces with ASAE. This new offering will provide associations with flexible and reliable benefit program solutions for their senior executives. We look forward to educating members about this new offering, so they can make the right decision when it comes to compensating their executives, said Dale Edwards, Principal of Triscend.
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According to ASAE Business Services, Inc. President Betsy Piper/Bach, the companys knowledge, breadth of resources, and experience representing associations were key reasons to partner with Triscend.
Triscend has experience working with our industry, and they collaborate with their clients to ensure they have the right package that aligns with the objectives of the organization and the executive, as well as helping to grow capital for the association, said Piper/Bach.
To learn more about the ASAE-Endorsed Executive Compensation Solution, visit absisolutions.com/execcomp.
About ASAE and the ASAE Foundation
ASAE is a membership organization of more than 42,000 association executives and industry partners representing 7,400 organizations. Its members lead, manage, and work in or partner with organizations in more than a dozen association management disciplines, from executive management to finance to technology. Together, they create a vibrant community that makes the world smarter, safer, and better every day. With the support of the ASAE Foundation, a separate nonprofit entity, ASAE is the premier source of learning, knowledge, and future-oriented research for the association and nonprofit profession and provides resources, education, ideas, and advocacy to enhance the power and performance of the association and nonprofit community. Twitter: @ASAEcenter
About ASAE Business Services, Inc.
The mission of ASAE Business Services, Inc. (ABSI), is to be the trusted source for essential business services for associations and nonprofits. The wholly-owned subsidiary of ASAE, ABSI supports ASAEs efforts to promote excellence in association management. For more information about ABSI, please visit absisolutions.com.
About TRISCENDNP, LLC
TRISCENDNP, LLC is a national firm specializing in the design, implementation, and administration of executive compensation and benefits solutions for high-performing tax-exempt organizations. With offices in the Dallas and New York metro areas, the company primarily serves trade and professional associations, higher education, healthcare and credit union clients. TRISCENDNP| Twitter | LinkedIn