Treasurer

The major duties of the Treasurer are:

The Treasurer is responsible for keeping accurate records of all financial activities of the Association and to ensure that the organization is in compliance with all Federal, State, and local regulations. To fulfill these responsibilities, the Treasurer shall:

• Write checks for funds needed, as appropriate (a check requisition form must be completed by any member of FACRAO requiring a check.)
• Make regular deposits of all funds received and reconcile monthly bank statements.
• Prepare various financial reports for distribution at Executive Committee meetings.
• Prepare Financial Statements for distribution to membership at the Annual Meeting.
• Work in conjunction with the VP for Member Relations to ensure the collection of institutional membership dues.
• Maintain an accurate paid and unpaid membership roster. Send reminder notifications to unpaid institutions from prior fiscal year and provide a listing of unpaid institutions to the Secretary for removal from the directory.
• Prepare and file annual reports as appropriate, with governmental agencies. Among those requirements are:
  
  a. F1120 Florida Corporate Income/Franchise and Emergency Excise Tax Return.
  b. 1096 Annual Summary of Transmittal of U.S. Information Return.
  c. 9990T Exempt Organization Business Income Tax Return.
  d. 1099 MISC file as appropriate.
  e. Reapply, when necessary, for Florida Sales Tax Exemption Certificate with Florida Department of Revenue (Expiration date: 5/24/95.)
  
• Financial Summary reports are required from each Mini-Workshop Coordinator as well as LAC for Annual Meeting to ensure that the records of the Association are accurate, complete and will withstand an audit.