Trea$urer or Finance Chairman Be a $tar Trea$urer or Finance Chairman

The Trea$urer’$ $tar has 5 Point$ 1 Annual Report (due July 15) 5 Contributions 2 990-N 4 Dues/Fees 3 Budget The Trea$urer’$ $tar has 5 Point$ 1 Annual Report (due July 15)

2 IR$ Form 990N 1 Annual Report 5 Contributions 2 990-N 3 Dues/Fees 4 Budget 3 Dues/Fees 2 IR$ Form 990N

Contact TSO Headquarters IRS 990N E-Postcard Tax return for your chapter File yearly between July 1st & November 15th Filing for the previous fiscal year (July 1 – June 30) Cannot file after November 15, site will be closed, must use a CPA Miss a filing? Chapters must file for 3 consecutive years Miss filing for 3 consecutive years? IRS revokes chapter’s non-profit status Regaining non-profit status is a lengthy process – avoid it by filing A direct link to the IRS website for filing can be found by going to www.dkg.org – go to the Treasurer’s page Help sheets are also on the web site Note: You will no longer send a paper copy to Headquarters. YOU are responsible for keeping a copy of the IRS acceptance in your file. ????Questions????? Contact TSO Headquarters 972-930-9945

1 Annual Report 5 Contributions 2 990-N 4 Dues/Fees 3 Budget 3 Budget

Budget Every chapter should have a budget The treasurer works closely with the chapter Finance Committee and Committee Chairmen to determine projected expenses Income is usually determined by membership and desired number of initiates as well as any anticipated interest/donations/fund raising The budget is the treasurer’s guideline for expenses Approval of the budget should be voted on at the first meeting of the new fiscal year (July 1-June30) is our fiscal year When developing the year’s budget, the previous year’s expenditures will be helpful The treasurer will want to keep a “weather eye” on the budget as the year progresses and monitor reimbursements

4 Dues and Fees 1 Annual Report 5 Contributions 2 990-N 4 Dues/Fees 3 Budget 4 Dues and Fees

Due$ and Fee$ Member- ship Class Int’l Dues & Fees State Dues & Fees Annual Fees $ to TSO per member Chapter dues/ fees Active $40 dues $20 dues Scholarship Fee $1 or $.40 $61.00 or $60.40 Local Decision Reserve $7 dues same $28.00 or $27.40 Initiate $2.50 Before April 1, collect Active dues and Scholarship Fee $5.00 or Before April 1, $66 or $65.40 $5.00 Honorary Initiation $49.50 One time Reinstatement

After your chapter’s dues are processed, you will receive your pink copy of Form 18, a sales receipt, and a payment summary like this one. Please note that the summary is NOT a reflection of membership, only payment.

5 Contribution$ 1 Annual Report 5 Contributions 2 990-N 3 Budget 4 Dues/Fees 3 Budget 5 Contribution$

Contributions go to ASTEF or Eula Lee Carter Memorial Fund ASTEF will be to one of three (3) funds: Leadership $1 @ member = Journeyers $2 @ member = Trailblazers Scholarship $1 @ member = Honors $2 @ member = Dbl Honors $3 @ member = Trpl Honors Projects $1 @ member = Groundbreaker $2 @ member = Builder Make checks to ASTEF; use online form Postmark deadline for Convention Recognition: April 1 Contributions to Eula Lee Carter Memorial Fund are made out to TSO. This fund has the same postmark deadline as ASTEF, but a different online form.

Ju$t a Few More Point$… Checks to: TSO or D K G or ASTEF Be familiar with “Guidelines for Chapter Treasurers” Send all three copies of Form 18 to TSO with ANY dues: active/reserve/initiate/reinstatement Use interactive forms on website(s) when available dkg.org and dkgtexas.org...you may destroy old forms Each contribution should be on a separate form with a separate check (can be in same envelope) State deadlines are important for PACE, Convention Recognition, & International deadlines It is wise to have two signatures on chapter checks Use your chapter name in “subject” line of email

Resources Area Coordinator Treasurer’s Page (dkgtexas.org) TSO Staff 972-930-9945 Guidelines for Treasurers Previous Treasurer Finance Committee Area Coordinator

The Trea$urer’$ Page

USE CHAPTER CONNECT What is it? Who has access to it? Why is it important?

Now you are ready to be a $hining $tar!