What is included in a treasurer's report for a nonprofit association?

Answer Your governing documents define the reporting requirements for the treasurer. For example, your association's reporting requirements may indicate that quarterly, the treasurer reports the status of... Read More »

Top Q&A For: What is included in a treasurer's report for a ...

How often do treasurers report to a board of directors on finances?

Treasurer reports should be submitted monthly to a board of directors. If the board does not meet monthly, it is acceptable to submit a treasurer's report when board meetings take place. However si... Read More »

Can a nonprofit owners association own a profit entity?

Your association tax attorney and association-savvy attorney can help you answer your question. It may depend on where you earn your profits. If, for example, the association owned a club house and... Read More »

Can a MN nonprofit Home Owners Association assess fines for late payment of dues?

Yes is the short answer. Read your governing documents -- and in this case, perhaps a Resolution crafted to collect assessments -- to understand both your obligation to pay your assessments and the... Read More »

What is included in condo association assessments?

Your annual budget, which a board member can provide you, lists the line items for bills the association expects to pay during the year with the assessment dollars it collects. Usually the line ite... Read More »