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Attend all business meetings of the Unit and its Board of Trustees.
Assist the President and assume the duties of the President in the President's absence.
Maintain the financial records of the Unit
Receive all money and promptly deposit receipts in the bank previously chosen by the Board of Trustees;
Notify members of expiration of dues and issue receipts for dues paid;
Submit a full written report of finances to the Board of Trustees at each meeting
Before retirement from office shall have the books and accounts audited by a committee selected by the incoming President;
Deliver all books, money, and property of the Unit promptly to the succeeding Treasurer.
In cooperation with the incoming and outgoing Treasurer of the Unit, prepare for the Board of Trustees a budget projecting the unit's income and expenditures for the calendar (or fiscal) year next ensuing.
Leipper Management Group bookkeeping services
The balance sheet shows the total assets and liabilities for the association. The profit and loss report compares income and revenue to expense by category for the current fiscal year. The transaction summary lists recent deposits and expenditures to assure proper transaction analysis and as a check against bank statement activity.
Every association needs to communicate effectively to support day to day management of activities. Certain records need to be available to all directors to assure that they are able to meet their legal obligations for due diligence in association governance. The Leipper Management Group association websites include a business area that is protected and requires proper identification for access. Each association director is provided a name and password to be used to access the business pages.
The Leipper Management Group orientation page for association directors
Effective governance of the Association depends upon informed decisions. These pages provide an online Director's Manual with the goal of being able to answer any question related to the activities of the association or its plans. It not only serves as a ready reference for association directors but also as repository and backup of important association records and documents that need to be kept for legal or tax reasons.
This is your manual. What it contains and how it is presented depends upon your submissions, contributions, feedback, and support.
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