Newsletter | Jan/Feb 2020
OWA+DP Treasurer â€“ what do they do?
by Judy L. Rowe, FAIA
Did you know that OWA+DP has a Treasure? In order for the OWA+DP to comply with the requirements for non-profit organizations, we need a treasurer (also known Chief Financial Officer).
Judy Rowe is the current Treasurer of the OWA+DP and has held this position for over ten years. Judy was elected when Mui Ho resigned after she held this position since the beginning of the OWA. Being treasurer requires a person who is willing and able to watch over the financial wellbeing of the organization and advise the Steering Committee and members of the impact of financial decisions. According to the OWA+DP Bylawsâ€¦
The treasure (chief financial officer) shall (1) deposit, or cause to be deposited, all money and other valuables in the name and to the credit of the corporation with such depositories as the board may designate; (2) disburse the corporation's funds as the board (steering committee) may order; (3) render to the president, chair of the board (steering committee), if any, and the board (steering committee), when requested, an account of all transactions as treasurer (chief financial officer) and of the financial condition of the corporation (non-profit); and (4) have such other powers and perform such other duties as the board or the bylaws may require.”
According to the “web-site”, roles and responsibilities of the Treasure are:
If you have attended the OWA+DP annual business meeting in the last ten years and/or attended a steering committee meeting you have witnessed “budget” presentations by our treasurer. Judy Rowe takes this position very seriously and is the financial “watch dog” for the OWA+DP. Thanks to both Mui and Judy for all their great financial caretaking over the years. If you have any questions about our finances, just send Judy an email.
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