Finance

PURPOSE:

The Finance Committee shall assure for the financial health and stability of the Corporation. This committee shall be chaired by the President-Elect, and membership shall consist of the Past President, Vice President, Treasurer, Assistant Treasurer, Membership Chair(s) and the Donor Support Chair(s).

DUTIES:

The Finance Committee shall:

1. Determine the budget for the year.
2. Review investments of assets on a regular basis.
3. Retain a reasonable reserve to assure the corporation’s solvency.
4. Recommend independent auditors to conduct required audits, review, and filing of necessary tax documents.
5. Ensure that appropriate documents are filed on a timely basis.
6. Conference Fees will be evaluated every 2 years by the Finance Committee or a sub-committee appointed by the Finance Chair in conjunction with the Site Selection Committee Chair(s).
7. Membership Fees will be evaluated every 3 years by the Finance Committee or a sub-committee appointed by the Finance Chair.

MEMBERSHIP: