Finance Committee

The Finance Committee
Reporting to:  The Treasurer


  • recommend for approval by the Board all financial policies and procedures of the Society
  • review bimonthly and annual financial reports and monitor income, expenditures, and variances with the Society’s annual budget
  • recommend for approval by the Board an annual budget that reflects the Society’s mission, is in keeping with the Society’s Financial Management Policies and Procedures and is realistic
  • conduct bimonthly and annual reviews of the Society’s accounts
  • recommend for approval by the Board all investment policies
  • solicit professional advice and/or services when necessary
  • review the completed IRS Form 990 prior to submission
  • review the Society’s journal of disbursements (accounting ledger on a bimonthly basis)
  • at the June board meeting, present the budget status with recommendations for any projected excess or deficit

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