Committee Name

Finance

Long Term Goal(s)

1.      To financially support all endeavors of the organization. (Goals 1-6)

Chair

State Treasurer:

Michelle Brunson

Committee Membership

District Chairpersons:

5-Greg Ward

6 Nevin Taylor

7Jeff Ellis

Committee

Membership

Most Recent Update

November, 

Short Term Goal(s)

1. Review budget

2.      Develop an audit policy

Craig Meyer to do audit

3.  File taxes: 990 &1099

4. Secure OAAE sponsorship(s)

Task/Activity/Steps/Info Needed

A.     Complete an entire budget review

1. Include all necessary changes to support current POA.

A.     Document the guidelines to be used in obtaining an annual audit of the OAAE records.

1. Complete the step by step procedure with a given timeline
2. Include budgeted costs for review.
3. Give qualifications desired for those who will provide the review.
4. Procedure should be typed as a Microsoft Word document and placed in POA and on OAAE web-site.

A.     Complete a list of events and possible sponsors.

1. Work with Conference/ Professional Development Committee Chair.
2. Work with all POA Committee chairs on their special project needs and fundraiser ideas.
3. Enlist sponsorship for years of service recognition.
4. Enlist booth sponsors at recognition banquet.

Person/ Group Responsible

State Treasurer

District 5

State Vice-President

A. 1, 2, & 3.

State Treasurer

A. 4.

State Treasurer

A. 1.State Treasurer

State President Elect

A.2. State Treasurer

Officer Team, Exec. Sec.

A. 3&4.

Finance Committee

Valerie Parks-Graham,

Executive Secretary

Timeline

(Start to End)

December

Provided to membership at annual meeting.

September,

April,

March,

April,

March

Evaluation

(Tied to goals)

Budget figures connected to the annual POA.

Audit procedure accepted by finance and executive committees; documented in POA.

Review procedure every 2 years or change of office

Official audit not needed unless concerns with financial review

Developed sponsor list and record of contributions.

Fundraiser ideas and solicitation of participants with policy guidelines.

Recognize sponsors and make “hit list” for the next year.

Budget Income (Expense)

($0)

($200)

$100

($0)

$1000

$2000