Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Choose your role:
Category:
Save this article >
WHAT ARE THE RESPONSIBILITIES OF A CONDO BOARD TREASURER?
Author:
CondoGenie
Publication date:
Article Summary:
The article explains the essential role of the Condo Board Treasurer in ensuring the financial well-being of a condominium association. The Treasurer is responsible for managing all funds, securities, and complete financial records of the association. The Treasurer must create and implement policies, maintain financial records, invest for the association, collect membership fees, file tax returns accurately and on time, oversee annual audits, prepare the association's budget, and maintain member directories and mailing lists. The Treasurer also monitors correspondence and ensures that invoices are checked thoroughly before payment.
Keywords:
Condominium association, Board of Directors, financial stability, Treasurer, finances management, policies, procedures, guidelines, payment authorization, financial records, revenues, expenses, contractors, suppliers, investments,
Source Citation:
CondoGenie
WHAT ARE THE RESPONSIBILITIES OF A CONDO BOARD TREASURER?
Did you find this article useful?
Your feedback is important not only to us, but to all the other key players in the condo industry. Help us by letting us know if this article is relevant and useful. This will help us prioritize articles that provide helpful guidance to other key players like you.
Please login to use this feature.
