Finance

The Finance Committee serves as support for the Treasurer and as the "watchdog" Committee for the organization. The Chair is in constant contact with the Treasurer and the President and offers assistance as needed in maintaining the proper procedures and records in handling the organization's financial affairs. The records of income and expenditures are the job of the Treasurer but s/he should check with the Finance Chair if there are questions as to the proper classification of income or expenditure. The responsibility for the finances of NEACAC belongs with the Governing Board. The responsibility of the Finance Committee is to keep the Governing Board informed of its fiduciary responsibilities and long term financial plans, goals and investments.