We understand how important it is that nonprofits direct their time, talent and attention to their mission. NEW’s team of proven financial experts can provide an organization with cost effective bookkeeping and financial consulting solutions to help it concentrate on mission-related matters with a solid financial foundation.
Types of services:
- QuickBooks accounting
- Invoicing & Payables
- Preparation of financial reports
- Assistance with financial audit/review
- Payroll processing
Financial Consulting Services:
- Assessment of financial position
- Financial workshops for staff & board members
- Annual budget
- Cash flow projections
- Review & update internal financial controls
- Financial plans & loan requests
- Negotiate with banks on behalf of nonprofit
- Real estate planning/budgeting
As Finance Director, Richard is the lead financial consultant and accounting specialist for NEW. He provides financial consulting and training for nonprofits, as well as general bookkeeping and accounting support to NEW’s clients. Richard is an experienced finance professional with management, communication, and organizational skills and has an extensive background in leadership cultivation, coaching and training.
Richard joined NEW in June 2015 after a 32-year career in the banking industry in a wide range of roles. His last ten years were spent with Wells Fargo Bank’s Commercial Real Estate (CRE) Division, where he was most recently a Regional Credit Supervisor for CRE, responsible for a $1B+ loan portfolio in the upper Midwest. Richard received a Bachelor of Arts Degree in Economics and Business from Lafayette College in Easton, PA.
Victor Semelsberger | Chief Financial Officer
As Chief Financial Officer, Victor is responsible for all accounting and finance activities for NEW. Vic is also a financial consultant for NEW. With more than 30 years of experience in banking and commercial real estate, Victor’s expertise is rooted in effective financial management. Prior to joining NEW in July 2012, Victor began his professional career in Jan 1979 in banking at the National Bank of Detroit (NBD). Victor left Bank One (successor by merger to NBD) in June 2000 to start his own real estate investment, development, and construction company. Victor received a Bachelor of Science degree in Finance from the University of Illinois in Champagne, Illinois.
1) Financial Services Questionnaire
This document helps us assess your organization’s financial needs by giving us a snapshot of the services you are using today and who is providing them. It is helpful but not necessary to complete this questionnaire before contacting us. View and download document
2) Financial Processes Self-Assessment
This tool helps your organization to evaluate where you are in relation to indicators that are present in financially healthy, well-managed organization. There are no right or wrong answers to this assessment – what is important is that your organization assess itself honestly against each indicator. The checklist can help organizations that are just starting out to achieve a base level of good financial management, as well as established organizations that seek to assess and improve existing processes. View and download document
To further discuss how NEW’s Financial Team can assist your organization, please contact Richard Kern by phone at (734) 998-0160 ext. 239 or by email at email@example.com.