Treasurer
Description and responsibilities of the Treasurer within KSC.
Responsibilities
Keep an accurate account of all funds received and expended.
Present a budget report of deposits and expenditures to the membership at least once per month, and as requested by the President, Vice President, advisor, or Office of Student Involvement.
Be one of three signers on financial documents.
Be responsible for collecting dues and notifying members who are delinquent in their payments.
Be responsible for creating a budget at the beginning of each fall and spring semester, in conjunction with the President.
Provide financial records sufficient to allow the Vice President to perform audits.
Provide all documents and records pertaining to their responsibilities to the newly-elected Treasurer.
Assist in special projects as assigned by the President.
Required Paperwork
File 8822-B with IRS
This form allows for changing things like address and responsible party of a business
Only change should be updating the responsible party to the new Treasurer
Must be filed within 60 days of election
Will need to be mailed
File 990n with IRS
Annual filing requirement for tax exempt organizations
Gross receipts of prior fiscal year must be less than $50,000 (they will be)
Due May 15th for fiscal year ending on December 31st
Can be submitted electronically
File Annual Report with Florida Division of Corporations (Sunbiz)
Annual filing requirement for businesses in Florida
Needs to include the new officers
Due May 1st
Can be submitted electronically
File Solicitation of Contributions Annual Financial Reporting Form with Florida Department of Agriculture and Consumer Services
Annual filing requirement for anyone who solicits donations in Florida
Can be submitted electronically
Submit RSO Re-Registration Form with SG Office of Student Involvement
Will be accessible from KSC KnightConnect home management page
All authorized officers (President, Vice President, Treasurer, Secretary) must complete RSO training
Submit Banking Letter Request with SG Knights of the Round Table
Will be accessible from Forms tab on KnightConnect
Anyone with access to the bank account (minimum President and Treasurer) must complete financial training and be listed on banking letter
Once form has been approved, take form to the campus FAIRWINDS branch to have the account transferred over
Fundraising Responsibilities
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