Now Accepting Nominations for BELS Treasurer!

Call for Nominations

Dear BELS members,

Would you like to contribute to the success of BELS and be an integral part of shaping its future?

We are looking for a candidate for the position of Treasurer. The nominee must be a supporting member of BELS and willing to fulfill the duties of the office (read all about those below). The term will begin in early April 2019 and is a 2-year commitment.

To submit a nomination, please download and complete the nomination form and return it no later than March 22, 2019, to June Oshiro, Councilor for Nominations and Elections, at [email protected].

Questions? Please contact June at [email protected] or 507-284-4938.

What does the the Treasurer do?

  • Transfers bank account and investment fund signature authority from the previous treasurer and changes the online password for the investment fund account.
  • Provides direction to and serves as the primary liaison to our association management company, Association Development Services, on financial matters.
  • Approves payment by the association management company of reimbursement requests from members and invoices from companies and organizations, ensuring that the reason for the expense is clear.
  • Reviews the financial report from the accountant on a monthly and quarterly basis and ensures that the Executive Council (EC) members receive the report.
  • Prepares a year-end report after the end of the fiscal year (December 31) and presents the balance sheet and the profit-and-loss statement (including investments) to the membership at the annual member meeting.
  • Prepares a budget for each fiscal year. Typically, at the last EC meeting before the end of the fiscal year, the EC will finalize a draft of the proposed budget. The budget is made available to supporting members.
  • Appoints and chairs the Budget and Finance Committee. The Bylaws do not specifically state how committee members are appointed, but they suggest that the treasurer appoints committee members with the approval of a majority of the EC.
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