Dotty DiSanto

Treasurer

Treasurer
The treasurer is the authorized custodian of the funds of the association. The treasurer
receives and disburses all monies indicated in the budget and prescribed in the local bylaws or
as authorized by action of the association. All persons authorized to handle funds of the
association should be covered by a fidelity bond in an amount based upon the organization’s
annual income and determined by the executive board. The major duties include, but are not
limited to, the following:
• Serve as chairperson of the Budget and Finance Committee if prescribed within the
bylaws of the organization;
• Issue a receipt for all monies received and deposit said amounts on a weekly basis
(daily if receipts on hand exceed $250.00);
• Present a current financial report to the executive committee and general membership
within thirty days of the previous month end;
• File current financial reports with the campus principal on a monthly basis;
• Maintain an accurate and detailed account of all monies received and disbursed;
• Reconcile all bank statements as received and resolve any discrepancies with the bank
immediately;
• File sales tax reports as required by the comptroller’s office(Monthly, quarterly, or
annually);
• File annual IRS form 990 in a timely manner;
• Submit records to audit committee appointed by the organization upon request or at
the end of the year;
• Other specific duties as outlined in the bylaws of the organization.
Note: Due to the increasing requirements placed on charitable organizations by the Internal
Revenue Service, it is strongly recommended that the Treasurer have an accounting
background.