Duties of the Treasurer

General Duties

  • Deposit all cash and checks received into the PARA checking account.
  • Pay bills after approval at the next monthly meeting.
  • Maintain a record of all checking account transactions (deposits, withdrawals, fees).
  • Provide a Treasurer’s Report at each monthly meeting.

One-Time Tasks

  • File form 8940 with IRS to correct misclassification of 501(c)(3)
  • Obtain EIN confirmation letter from IRS

Yearly Tasks

Target
Date
TaskOrganizationDeadline
Jan 1Renew liability insuranceHrenko Ins.Jan 18
Apr 1Renew P.O. Box 411 at PhilipsburgUS Postal ServiceApr 30
Apr 1File PA Form DSCB:15-5110
Annual Statement – Nonprofit Corporation
PA Department of State
Bureau of Corporations and Charitable Organizations
Apr 30
Apr 1File IRS Form 990
Return of Organization Exempt from Income Tax
US Department of Treasury
Internal Revenue Service
May 15
Apr 1File PA Form BCO-10
Charitable Organization Registration
PA Department of State
Bureau of Corporations and Charitable Organizations
Nov 15
Oct 15Renew equipment insuranceHanover Ins. Co.Nov 1