Chapter Financial Management: The Treasurer’s Leadership Role Stephanie Helgerman, CSP VP-Finance, ASSE Bruce Sufranski ASSE Director of Finance/Controller October 9-11, 2014 Lombard, Illinois

 This workshop will explore the leadership role that Treasurers play in looking for solutions to challenges faced by chapters.  More plainly how can the treasurer be a more effective part of the leadership team. Chapter Financial Leadership

 Financial Management: Responsibilities  “Counting the Beans”  Safeguard chapter assets  Financial Control: annual chapter budget  Financial Reporting: monthly/ quarterly/ annually  Financial Compliance: IRS tax filings / other requirements Treasurer’s Roles: Financial Manager

 Executive Committee  Leadership Role: “Beyond Bean Counting”  Participate in all chapter business decisions  Focus on Membership Value / Experience  To maintain chapter’s financial well being, must be an active participant on Executive Committee Treasurer’s Roles: Chapter Leadership

 Strategic Planning – long term view  Set Chapter Direction and Priorities  Assess Financial Impact of Business Decisions  Are we providing best value for our Members  Do revenues exceed expenses  Special project initiatives  How to pay for it  Plan for the Long-Term  Develop healthy and sustainable Chapter  Financial health is key component Treasurer’s Roles: Chapter Leadership

 Small chapters vs big chapters (in dollar terms)  How do small chapters obtain the money & resources they need?  How do large chapters use their resources to maximize the value of membership?  What’s the treasurer’s role in the discussion?  What’s your experience? Chapter Challenges

 Chapter Management  How do we provide good member value today?  How do we ensure the chapter’s success tomorrow?  What’s the treasurer’s role in the discussion?  What’s your experience? Chapter Challenges

 Chapter Management: Learning from Others  How do chapters learn from the experiences of others?  How do chapters foster communication with their counterparts?  What’s the treasurer’s role in the discussion?  What’s your experience? Chapter Challenges

 Chapter Management: Financial Risk Management  How do chapters prevent fraud or other financial wrongdoing?  What’s the treasurer’s role in the discussion?  What’s your experience? Chapter Challenges

 Chapter Management: Insurance  Is the chapter “covered” by insurance?  What’s the treasurer’s role in the discussion?  What’s your experience? Chapter Challenges

Questions?