Events
Prev MonthPrev Month Next MonthNext Month
NARA Finance & Asset Management Committee Meeting
Thursday, March 28, 2019, 1:00 PM - 2:00 PM EST
Category: Committees

Finance & Asset Management

2019

 

Committee Charter

Committee Members

Chair

Theresa Jarvis

Members

Mary Murphy

Staff

Office Manager/Accountant; Executive Director (as necessary)

Meeting Frequency

Monthly

Additional work may be completed by committee members outside of formal meetings, as coordinated by committee Chair

Committee Type

Standing

Reports To

Board of Directors

 

Committee Charge

The finance and asset management committee shall recommend financial policies to the Board, review the annual budget and all financial reports prepared by Association staff and/or accounting firms for approval by the Board of Directors. The chair of this Committee shall be the Treasurer.

 

Committee Responsibilities

Committee responsibility changes requires the approval of the Board of Directors.

Committee Tasks

#

Task

Due Date

1

Work with NARA staff to develop the proposed budget for 2020, IAW the NARA Budget Development Timeline.

10/31

2

Work with NARA staff to coordinate the annual financial audit/review and tax filings.

Ongoing

3

Review monthly financial documents and financial reports and present financial position at Board meetings.

Monthly

4

Monitor Association investments and make recommendations to the Board, as needed.

Annually

5

Review any pertinent policies and make recommendations regarding the financial viability/impact, as necessary.

As needed