Guidance for Chapters Facing Closure Decisions

This guide addresses the challenges faced by chapters considering closure or merger due to operational instability. It outlines the importance of assessing chapter stability in finance, governance, operations, and membership before making significant decisions. The document details steps for evaluating financial assets and liabilities, including inventorying office equipment, financial investments, and outstanding obligations. It emphasizes the need to review affiliation agreements and bylaws to understand the implications of dissolution. The guide also encourages chapters to explore alternatives to closure, such as rebranding, enhancing member engagement, and forming partnerships with other organizations. It highlights the potential for revitalizing the chapter through strategic changes and member involvement, suggesting that a proactive approach may lead to renewed interest and sustainability. Ultimately, the guide presents a framework for chapters to navigate their options thoughtfully, ensuring that all members are informed and engaged in the decision-making process.