[Businessmtg] Fwd: Question/Treasurer

[Anne OHara]

Hi Bubbe,

We actually list ourselves as a community group on the IRS paperwork (or something like that)I am guessing that is what the groups you are involved with do too. Non profit status requires some legal support. When I was treasurer and opened up the bank account, the people’s whose names were to appear on the account needed to be present. The LA at that time was in Chicago and I was in Massachusetts, so getting her on the account wasn’t feasible. As the world continues to change so do banking and pay pal rules. Online groups that have no brick and mortar counterpart are subject to greater scrutiny and different laws. 

Jerry’s outline of the time commitment is a good estimate. And no you don’t need an accounting background.  And of course my account of nonprofit status is anecdotal based on what I experienced several years ago.

Hugs, 
Anne O

Sent from my iPhone

Begin forwarded message:

> From: Bubbe Turner <bjqt1945 at gmail.com>
> Date: May 25, 2018 at 9:14:08 AM EDT
> To: "Anne O." <aohara77 at comcast.net>
> Cc: ASP Business <businessmtg at asp-afg.org>
> Subject: [Businessmtg] Question/Treasurer
> 
> Hi All,
> 
> My question for ASP is, Does your treasurer's position/bank used not
> require a co-signer?  i.e. a person who can take over in an emergency or in
> case the elected treasurer has to or wants to step down?
> 
> In all my years in Al-Anon and having served as a treasurer on 5 different
> levels f2f (and in other non-profit situations as well), I have never known
> of a bank that did not require a co-signer for a non-profit bank account.
> 
> I am also in another OL Al-Anon group that has two treasurer positions, one
> Stateside, one International.  Both deal with banks that require co-signers
> for non-profits.  This protects the bank as well as the non-profit.
> 
> In service,
> BJ
> 
> _______________________________________________
> The ASP Instruction page is http://asp-afg.org/members/asp-instructions/
> 
> The ASP web site for ASP members is http://www.asp-afg.org/Members/
> 
> For assistance with other ASP issues, contact Jerry the List Administrator, at  la at asp-afg.org
> 
> _______________________________________________
> Businessmtg mailing list
> Businessmtg at asp-afg.org
> http://www.asp-afg.org/mailman/listinfo/businessmtg