Dear ACA Board Members,
I am a life member and at one time, (fall 2018-winter 2019), I was a candidate for the ACA board, having been nominated by then-board member Jeff Miller. I attended the September 2018 board meeting in Missoula, and was very pleased to finally get to see the iconic headquarters of ACA. I’d been a member of ACA back in the 1980s, lapsed, and was happy to return in the mid-2000s, at which point I also became the executive director of the New Jersey Bike & Walk Coalition, a position I held for 8 years. I had to leave that role AND turn down the ACA board role as I had to return to Maryland in spring 2019 on an emergency basis to care for my aging parents.
I am now seeing that the current ACA board is selling the HQ building and find that quite distressful. In addition to all the points that Ginny Sullivan and Jim Sayer have made, I wish to elaborate on one specifically: it appears that you are selling off an ASSET in order to cover EXPENSES. That on the face of it is not sound financial decision-making. Those of us who have some level of expertise in real estate investment understand the long-term value that commercial and residential real property affords, and how leveraging it can buttress an entity during difficult times. Real assets should be used to generate income to cover expenses, not liquidated in order to cover them. What typically happens in a scenario that you have laid out in this plan to sell the building is that the assets just get burned up, and their leverage is lost forever.
This past spring, I was registered for and then had to drop out of an ACA-led trip along the GAPCO trail. I lost my entire $1699 payment, as I developed bronchitis outside of the refund window. I asked that these funds be donated to ACA, which they were. This is in addition to the amounts I donated back in 2020-2021 when I became a life member. I can tell you that the experience that I had as part of the group planning for the GAPCO trip this past spring was less than stellar. I understand that of the 13 originally registered, only 7 actually made the trip, with me being one of the dropouts. Our group had to set up its own zoom meetings because we could not get any kind of response from ACA’s tour department- for at least a month, if not longer. Someone finally answered our group email, but by that time, several registrants had lost faith in the organization’s ability to host this trip. This is the staff you think is doing well working remotely???? Did you know about this particular issue with that trip?
If I were on the ACA board, I would be rebuilding the home staff in Missoula into what it was before- a staff that exhibited camaraderie and excitement, felt loyalty for the organization and revered the founders and those who had come before them to build ACA into the largest bicycling membership organization in the US. Yes, ACA was once, not too longer ago, the largest and the best-run! ACA was who we as state EDs held out as the model for a national organization. Today, the staff comes across as a distributed group who interacts via email or text, and appears to harbor no entrenched loyalty or devotion to the organization and its history.
I am truly amazed that you are staring down at projected losses for 2025 at the same time that you have, right in front of you, the perfect opportunity to rebuild what worked very well in the past. In summary, selling an income-generating asset is not the answer to digging yourselves out of a hole.
Sincerely,
Cynthia Steiner
Life Member
Annapolis, MD