Responsibilities of Club Treasurers

• Collect and record member dues.• In coordination with the secretary, forward dues and membership invoice to the International office. Additionally, contact your district treasurer to determine whether copies of the dues invoice need to be sent elsewhere.

• Prepare the budget and ensure that the club activities adhere to the budget.

• Maintain accurate financial records.

• Establish a book of accounts showing all financial transactions.

• Transact business through a bank or school account.

• Inform the club of its financial strengths and weaknesses.

• File appropriate forms with the Internal Revenue Service (US only) if necessary.

• Inform the Kiwanis club of the club’s financial status.

• Disburse funds and pay bills promptly as approved by the board of officers.

• Reconcile bank statements.

• Invoice members for unpaid dues.

• Deposit club funds.

• Pay all bills as approved by the board of officers.

• Record all expenditures and income for the week.

• Secure advice from faculty advisor and Kiwanis advisor on all financial matters.

• Collect all money for club projects.

• Present finance report at board meetings.

• Collect dues from new members and forward them to the International Office.

• Obtain all financial records, receipts, and files from immediate past treasurer.

• Prepare budget for the year following your term.

• Organize all financial records to give to treasurer-elect.