Committee on Finance and Audit

Chaired by the Association’s Treasurer, this Committee is responsible for general oversight of all financial activities of the Association, including monitoring and making recommendations to the Board for approval of dues and other revenue-producing activities; recommendation to the Board for approval of an annual operating budget; ongoing oversight of the approved budget during the year, based on reports issued by management; monitoring the Association’s Investment, Spending and Reserve Policies through its Subcommittee on Investments (typically chaired by one of the two Committee Vice Chairs) and oversight of the Association’s annual financial audit, annual review of executive compensation, and other financial compliance matters through its Subcommittee on Audit (typically chaired by one of the two Committee Vice Chairs). It meets in conjunction with regularly scheduled Board meetings two or three times per year, and conducts the remainder of its work by conference call and email during the year. The Committee receives several financial reports and materials throughout the year and in advance of each regularly scheduled conference call or meeting. It is particularly helpful to receive background information regarding members’ experience and/or expertise in the areas of nonprofit finance and audit maters for service on this Committee. Staff Liaison: Paul L. Parsons.

Gerald W. Woods, Treasurer, Chair

Thomas G. Cline, Vice Chair and Chair, Subcommittee on Audit

Donald M. Amundson
Robert D'Augustine
Leanne Shank
Gerald W. Woods, ex officio
Debra Zumwalt

Jaffe D. Dickerson, Vice Chair and Chair, Subcommittee on Investments

Jonathan Alger
Susan Carney
Sandra Doran
Eileen S. Goldgeier
Oren Griffin
Gerald W. Woods, ex officio

Recent Committee Reports

June 2008
March 2008
November 2007
June 2007
March 2007
November 2006