Responsibilities of Treasurer

The Treasurer of the Wilmington Ski Club is responsible for maintaining the Ski Club Treasury as specified in the policy “Club Treasury and Financial Management.”

 Duties

Annually:

  • Votes, with other Officers, to appoint Council Members as provided for in Article III Section 2 of the Wilmington Ski Club Bylaws.

  • Develops a budget for the next fiscal year with the President.

  • Works with the President to establish annual club goals.

  • Provides annual training on Trip/Activity financial reporting to potential Trip/Activity leaders. Such training will be conducted at the same session as other Trip/Activity leader training arranged by the Winter Trips Chairperson and the Activities Chairperson.

  • Audits Trip / Activity financial reports as specified in the “Club Treasury and Financial Management” policy

  • Prepares timely tax reporting for review by the Council Officers and, if applicable, designated accounting or tax professional.  Such tax reporting includes:  federal form 990 and 990T (due 11/15), federal and state form 1099 NECs and 1095, federal and state form 990 and appropriate accompanying schedules, state of Delaware tax franchise report (due 3/1).

Monthly:

  • Reports financial status to the Council using the format specified in the policy “Club Treasury and Financial Management.”

  • Chairs Council meetings in the absence of both the President and Vice-President.

On-going

  • Makes deposits to and writes checks from the General Funds and the Trips/Activity Fund as specified in the policy “Club Treasury and Financial Management.”

  • Transfers Ski Club monies between accounts as specified in the “Club Treasury and Financial Management” policy.

  • Is accessible to the general membership, where possible, and provides answers or resolution to issues involving established Ski Club Policies or Guidelines or issues not covered by the same.

  • Develops new leadership capability within the Ski club to ensure the ongoing effectiveness of Ski Club leadership including Council.