The NCEO ESOP CEO Network: Join the 2022 Cohort

During the 2019 Employee Ownership Conference, 15 CEOs convened in a conference room (imagine that!) in the Pittsburgh Convention Center for an interest meeting that spawned the first cohort of the ESOP CEO Network.

Announcing the Innovative Communication Coalition

Sandy Kostouros’ (Morton Buildings) 2021 NCEO Annual Conference presentation inspired Lori Atone (TFV) to ask the NCEO to establish a creative coalition for employee-owners to collaborate on usable, replicable ideas and

Our 2021 Holiday Gift Guide Is Here!

This gift-giving season, the NCEO has put together another group of ESOP company members offering a variety of gift options.

Who Should Own Your Business After You? A Virtual Learning Series

Making employee ownership thrive includes increasing the number of employee-owners. As part of our mission, we produce events and disseminate information about establishing ESOPs to businesses across the U.S. We are announcing "Who Should Own Your Business After You?," a feasibility meeting series.

Join Us This December for the Communications Committee Crash Course

In December we will host the next series of our Communications Committee Crash Course, an online training and networking program for companies that want to create employee involvement and help their employees understand what their ESOP really means to their company, to employees, and to their families in the long run.

IRS Announces Benefit Plan Limits for 2022

The IRS has announced COLA (cost of living adjustment) changes for 2022 retirement plan limits, with several changes of interest to ESOPs.

State Small Business Credit Initiative Program Now Allows Funding for Employee Ownership

https://www.cdfa.net/p/SSBCI.htmlThe American Rescue Plan Act of 2021 included an appropriation of $10 billion for another round of funding for the State Small Business Credit Initiative (SSBCI), a program that has been in place since 2010. SSBCI funds might make it easier for lenders to ESOPs to provide larger and less collateralized ESOP loans or for mezzanine lenders to loan at lower rates.

Trustee Litigation Risks in Ongoing ESOPs Are Very Low

A new NCEO analysis of ESOP litigation in closely held companies over the last 10 years shows that of 74 lawsuits involving trustees, 54 were for issues dealing with a transaction. The data suggest that the risks of being a trustee in an ESOP with a high-quality team of advisors and a good third-party administrator are extremely low.