The board of directors of the association is entrusted by the membership to conduct the business of the association in a fiscally responsible manner. Financial decisions will be guided by the AMHCA strategic plan. The Finance Committee shall consist of the president, the president-elect, the past president, the treasurer, the CEO/ED (ex-officio), director of finance & operations and, book-keeper. The treasurer shall serve as chair.
Role: The role of the Finance Committee is to oversee the income and expenditures of the association.
Function: The functions of the Finance Committee include:
- Performing such duties as may be directed by the bylaws, board of directors, or the financial policies.
- Developing the annual AMHCA budget for adoption by the time of the spring board meeting.
- Reviewing monthly expense reports and presenting any necessary revision of the budget and any financial reports for consideration by the board of directors at each of its meetings.
- Monitoring financial policies and operation of the budget.
- Preparing the annual financial report for the membership.
- Reviewing the financial policy statements and making fiscal policy revision recommendations to the board of directors.
- Assisting in meeting strategic planning goals regarding financial planning.
- Assisting state chapters with their financial planning through articles in the Advocate, mailings, and workshops.