Board Treasurer

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Position Title:

Treasurer, Board of Directors

Responsibilities of the Board of Directors:

• A panel of decision makers elected by the organization’s membership or Board of Directors.
• The Directors are responsible for formulating the policy decisions affecting the corporation.
• The Directors are responsible for determining the organization’s vision, mission and purpose.
• The Directors select, manage and evaluate the chief executive.
• The Directors ensure effective organizational planning.
• The Directors ensure adequate funding and resource development for the organization.
• The Directors provide oversight for the organization’s financial management.
• Directors evaluate and monitor the organization’s programs and services.
• Directors enhance the organization’s public standing and engender good will.
• Directors ensure that the Board continues to develop and function at a high level.
• Directors ensure accountability as well as legal and ethical integrity

Responsible To:

President, Board of Directors

Responsibilities of Individual Directors:

• Attendance and participation: meetings (board & committee), functions, special events
• Represent DMFHC in the broader community - keep informed about DMFHC mission, services, policies, programs and can inform others about them
• Commit time to develop financial resources
• Assists the board in carrying out its fiduciary responsibilities
• Follow conflict of interest and confidentiality policies
• Suggest and recruit nominees to the board who can make a significant contribution to the work of DMFHC
• Provide leadership to board committees. Each board director is expected to serve as an active, ongoing member of at least one committee by assuming operational responsibility of the committee
• Prepare, in advance, for decision-making and policy formation at board meetings; take responsibility for self-education on the major issues before the board
• Responsibly review and act upon committee recommendations brought to the board for action
• In general, utilize personal and professional skills, relationships and knowledge for the advancement of DMFHC

Requirements:

1. Financial knowledge of the organization.
2. Personal commitment to devote the time necessary to perform the responsibilities of Treasurer.
3. Understanding of financial accounting for nonprofit organizations.