Finance Committee

Daniel Oluwarotimi
Secretary/Treasurer
Newberry College
Newberry, SC
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Secretaries Seasonal Memos​

What is the Role of the Finance Committee?

The finance committee's responsibility is to review and make recommendations to the Board on operating and capital budgets, review investment guidelines for Reserve Fund, and propose new products and services for the association (see NSNA Bylaws for more details).

Daniel Oluwarotimi, Secretary-Treasurer and Chair,
​Finance Committee, Winter-Spring Memo

Greetings to you, state and school officers! I hope this memo finds you all well. I enjoyed the opportunity to meet and chat with some of you at the 2022 MidYear Conference in Virginia Beach.
 
Please continue to utilize the resources on the NSNA website, particularly the Secretaries’ Guidelines Booklet and our frequently asked questions for secretaries.
 
A few things to bring to your attention…
 
SUBMISSION OF STATE ASSOCIATION MINUTES
Please remember to continue submitting your state organization's meeting minutes to NSNA. You may submit these minutes electronically; with signatures of both the president and secretary simply click here to access the form. We must have a full calendar year of your meeting minutes by delegate credentialing at the Annual Convention for your organization to be eligible for constituency status. If your state organization does not hold a meeting in one or more months, simply let us know that you are not meeting and will not be submitting minutes for those months. For more information, please click to see the State Association Meeting Minutes Submission Policy in the Secretary’s Guidelines Booklet.  Also, please review the other requirements for constituency status to ensure your chapter is meeting them prior to Annual Convention.
 
As a reminder, NSNA does NOT require school chapters to submit meeting minutes. However, schools should check with their state organization to determine requirements for constituency status in their state association.
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2023 Treasurer Certificate Leadership U Webinar

NSNA is delighted to present the NSNA’s Leadership University® Treasurers Certificate Program virtually allowing for hundreds of SNA treasurers, aspiring student Leaders, and nursing faculty to attend. Become familiar with the intricacies of financial reporting, the budgetary process, revenue and expenses, statement reporting, cash control procedures, IRS filing requirements, and NSNA policies. Attendees earn a Leadership University Certificate for competency in the role of Treasurer after completing an open-book exam based on the materials covered. All state treasurers, aspiring treasurers, state board members, school chapter leaders, faculty advisors and consultants may participate.

Speakers (Recorded and Live): Daniel Oluwarotimi, NSNA 2022/2023 Secretary/Treasurer; 
​Dev Persaud, MA, Director of Finance and Administration
View Past Treasurer Certificate Leadership U Webinar Below:
Speaker: Stacie Kinsey, NSNA Secretary/Treasurer, Chair, Finance Committee
Resource Person: Dev Persaud, MA, Director of Finance and Administration

2022-2023 Secretary/Treasurer, Daniel Oluwarotimi, speaks on the "Role of the Secretary and Treasurer, The Devil is in the Details"

NSNA 2022-2023 Secretary/Treasurer, Daniel Oluwarotimi, speaks on the role of the secretary and treasurer during the 2022 NSNA Leadership U Summer Summit.

2021 Secretary's Workshop for State and School Chapters

This session provides an overview of record-keeping, drafting agendas, recording minutes, and communications. You will also learn about NSNA's requirements for submission of minutes.

Additional Finance Committee Resources
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Financial Accountability for State Associations and School Chapters

​Presented by Rebeka Rivera, NSNA's 2014-2015 Secretary/Treasurer, this 51 minute webinar discusses some of the skills needed to ensure compliance with finance rules and regulations.  Participants learned about IRS requirements, budgeting and financial reporting, internal control procedures, and a discussion on free or affordable software to assist you in managing and reporting on finances and accounting.