2016 MD Nurses Association Annual Convention

Chair:
Linda Cook, PhD, RN, CCRN, CCNS – Treasurer
2016 Maryland Nurses Association
Maryland Nurses Association
MNA Finance Committee
Committee Members:
Kathy Ogle, PhD, RN, FNP-BC, CNE - President
Barbara Biedrzycki, PhD, RN, AOCNP, CRNP - Treasurer-Elect
District Treasurers:
District 1 – Renate Gaither, RN
District 2 – Liesel Charles, BSN, RN
District 3 – Stacy McLean, MS, RN
District 4 – Vacant
District 5 – Elizabeth MacKessey-Lloyd, MS, RN
District 7 – Bijoy Mahanti, RN
District 8 – Sandy Vegh, MS, RN
District 9 – Alvina Bass, RN
Linda Cook
Purpose:
To assure that the financial management of the Association is keeping up with current methodology
providing fiscal integrity, planning and evaluation.
Treasurer:
• Treasurer attended each monthly Board meeting and presented the monthly Treasurer’s Report.
• The Treasurer, President, President-Elect and Executive Director met to determine which type
of financial review would be conducted for the fiscal year and recommended to the Board of
Directors that a compilation be conducted.
• The Treasurer and Executive Director, with input from the Finance Committee prepared and
presented a budget to the MNA Board, which was approved.
At the May 11th meeting, information was shared by Ed Suddath regarding the Committee’s roles
and responsibilities as well as the District Treasurer’s responsibilities. The Committee was asked if
anyone needed “Finance 101.” It seemed that no one really needed this type of information.
The MNA budget process was explained. A draft budget for fiscal year 2016-2017 was presented.
Budgets and financial reports for the Districts were briefly discussed. Most District Bylaws state that
the District Treasurer should prepare a budget and present it to the District’s Board of Directors. It
seemed that some of the Districts are not using budgets at this time. Revenue generation was also
briefly discussed.
The Committee was reminded of the timeline for completing the 990 e-Cards for the IRS.
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