{"id":122,"date":"2015-05-30T14:26:20","date_gmt":"2015-05-30T18:26:20","guid":{"rendered":"http:\/\/173.72.199.106:3005\/wordpress\/?page_id=122"},"modified":"2025-07-22T18:38:34","modified_gmt":"2025-07-22T22:38:34","slug":"finance","status":"publish","type":"page","link":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/committees\/finance\/","title":{"rendered":"Finance"},"content":{"rendered":"

<\/h3>\n

\"\"<\/a><\/h4>\n

FINANCE COMMITTEE<\/h4>\n

These are frequently asked questions, and we hope you will find the answers to them helpful! <\/strong><\/p>\n

What is the purpose of the Finance Committee? <\/strong>
\nAnswer:<\/strong>
\nThe matter of finance is one of great magnitude to the Department and Units. It is of utmost importance that proper internal controls are designed to ensure correct handling of the funds. Careful oversight must be implemented and maintained. The purpose of the Finance Committee is to be assure good stewardship of all monies entrusted to them. The Finance Committee oversees the administration, collection, and disbursement of the financial resources of the Department.\u00a0 This is also true at the Unit and District levels.<\/p>\n

To have a successful organization, the Finance Committee must ensure that the Department has the funds to operate month to month.<\/p>\n

Where does the Department get its operational funds? <\/strong>
\nAnswer:<\/strong>
\nPrimarily from Member Dues.\u00a0 As our membership declines, so does the Department income. Citations also contribute to income.\u00a0 If a Unit does not pay its Citation requirements, the Department loses a portion of its income. \u00a0<\/strong><\/p>\n

What are Restricted Funds and how are those managed?\u00a0\u00a0 <\/strong>
\nAnswer:<\/strong>
\nFunds designated for a specific program.\u00a0\u00a0 Example: VA&R, Poppy donations, Scholarship funds, Restricted funds must each be carried as separate items in the books, and as such the funds are restricted<\/em> to use for that purpose only.<\/p>\n

Reminder:<\/strong>
\nPlease send a copy of your unit\u2019s 990 to the Finance Chair and Department Secretary\/Treasurer each year.<\/p>\n

All levels of the Auxiliary must have good accounting practices and have the books audited at least once a year. The Treasurer should be present to answer any questions that might arise.<\/p>\n

We are here to help you. If you have questions, please contact one of the following Finance Committee.
\n_______________________________________________________<\/span><\/p>\n

FINANCE COMMITTEE<\/u><\/h4>\n
\n
\u00a0Chair:<\/strong><\/u> Sallie Rossman, PNP<\/div>\n
Email Address<\/u>:\u00a0 <\/strong>Finance@vaauxiliary.org<\/a><\/div>\n<\/div>\n
\u00a0Vice Chair:<\/u><\/strong>\u00a0 Pamela Elam-Lipscombe, PDP<\/div>\n
\u00a0Member:<\/strong><\/u> Margaret Dillinger, PDP<\/div>\n
<\/div>\n
\n
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________________________________________________________<\/div>\n
\n
FINANCE PROGRAM<\/strong>
\nDownloads:<\/strong>
\nFinance One Page Summary – 2024-2025<\/a>
\n
\n<\/strong><\/h5>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FINANCE COMMITTEE These are frequently asked questions, and we hope you will find the answers to them helpful! What is the purpose of the Finance Committee? Answer: The matter of finance is one of great magnitude to the Department and Units. It is of utmost importance that proper internal controls are designed to ensure correct … Continue reading Finance<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":19,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/pages\/122"}],"collection":[{"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/comments?post=122"}],"version-history":[{"count":31,"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/pages\/122\/revisions"}],"predecessor-version":[{"id":37972,"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/pages\/122\/revisions\/37972"}],"up":[{"embeddable":true,"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/pages\/19"}],"wp:attachment":[{"href":"https:\/\/www.vaauxiliary.org\/site2\/index.php\/wp-json\/wp\/v2\/media?parent=122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}