Relocation of IASP Headquarters to Washington, D.C.
Frequently Asked Questions
Q: Where is
the new location?
The new office will be located on the sixth floor
of a nine-story office building near 15th and H streets in central
Washington, D.C.
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Q: When will
the move take place?
We anticipate that the Seattle office will be
closed by the end of 2012 and that the Washington, D.C., office will be
fully operational at that time.
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Q: Why is
IASP moving to Washington, D.C.?
As IASP grows and adds additional services and
programs, it will benefit from the large number of professionals in the
Washington, D.C., area with international health and association
expertise. Washington, D.C., is a natural location for a professional
organization, providing the opportunity to collaborate and network with
the many other health organizations, non-governmental organizations
(NGOs), international associations, and policy makers located there.
Washington, D.C., also offers IASP greater opportunity for growth and
more effective advocacy efforts to raise the visibility of the
Association.
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Q: How was
the decision made?
After reviewing various options for the IASP
offices and receiving feedback from recent member surveys, the Executive
Committee decided at the conclusion of the December 2011 Council meeting
to prepare a recommendation to move to Washington, D.C.
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Q: How was
the building selected?
Several members of the Executive Committee and the
Council along with the IASP Executive Director visited several locations
in and near Washington, D.C., in February 2012 and selected an office
location in the heart of the city. The Finance Committee reviewed and
prepared recommendations for a financing package to purchase the
property in February. The IASP Council approved the purchase on March
13, 2012.
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Q: Was an
office outside of the US considered?
Yes. The Executive Committee considered locations
outside the US where other international health associations have their
offices. These locations proved to be more expensive and there would be
legal complexities to make such a move.
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Q: How will
the members benefit from the move?
The new location is more convenient and accessible
to members, which will allow members to increase their interaction with
staff. By becoming a more effective organization, IASP will be able to
provide enhanced and improved services to the membership.
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Q: How will
this affect operations?
The move is expected to make a positive impact on
operations. Three international airports, national train service, and an
extensive subway system serve the new location. Many international
organizations and health associations located in Washington, D.C.,
create a large talent pool for future employees. The Association will
benefit from increased accessibility to vendors. Interaction with
colleagues at other associations, professional development opportunities
and conferences, and access to other international organizations will
help boost staff knowledge and performance.
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Q: Will there
be a disruption in service?
No. There may be brief temporary disruptions
around the time of the physical move, but a detailed transition plan
will help to maintain present operations.
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Q: How will
the move affect the Congress in Milan?
The Congress in Milan will not be affected. The
move will not take place until after the 14th World Congress on Pain,
August 27-31, 2012.
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Q: Will dues
and fees increase as a result of the move?
No. IASP's policy to keep dues, Congress
registration fees, and other costs at a low rate for its members will
not change as a result of the move.
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Q: How much
will the relocation cost?
The office was purchased for US$3.6 million. This
amount is being moved from cash reserves to an investment in real estate
property, and therefore represents no expenditure for the Association.
The non-recoverable expenses related to the move, such as
re-establishing operations at a new location and personnel-related
expenses, will be around $700,000.
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Q: What is
the financial impact of the move?
The move will enhance IASP's strong financial
position. Currently IASP's cash surplus is invested in low-risk
financial instruments. While the conservative composition of its
investment portfolio is aimed at preserving the value of IASP's assets,
it also results in a very low rate of return. In addition, even low-risk
financial instruments are still susceptible to market fluctuation and
may potentially lose value in the event of general market decline.
Investing a portion of IASP's assets in real estate will diversify its
investment portfolio, which lowers the risk of an overall value decrease
and will potentially lead to higher returns since real estate properties
in the Washington, D.C., area have historically exhibited strong
appreciation trends.
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Q: What is
the cost of annual operations in Washington, D.C., compared to
Seattle?
The cost of labor in the Washington, D.C., area
is slightly higher than in Seattle, but IASP expects to offset it with
significant savings resulting from owning the office space. In fact,
total operating expenses in Washington, D.C., estimated by the Finance
Committee, are lower than those of comparable space in Seattle.
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Q: Will the
relocation affect member benefits and current programs?
No. All current programs will be maintained at
the current level or enhanced.
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Q: What will
happen to the current staff?
Every member of the staff has been invited to
move to Washington, D.C. For those who chose not to relocate, IASP has
offered a generous separation package that includes placement services
and incentives to stay with the Association until the Seattle office
closes. Those who elected to move will be given a relocation package
that will help pay for their move and higher living expenses.
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Q: What will
be the new contact information for IASP staff?
Contact information will remain the same until
the move occurs. IASP will announce the new telephone and address prior
to the move. Email addresses will remain the same.
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Q: I have
more questions about the move. Who can best answer them for me?
Please send any additional questions you may have
to IASP Executive Director Kathy Kreiter. Her email address is: kreiter@iasp-pain.org.
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