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About Being an Officer
You, as the treasurer, and all the other officers of your 4H group are representatives of your 4H club or group. You represent your own group, and the 4H program throughout the state. Your skills, abilities, standards, ideals, speech ­ and even smiles ­ represent Massachusetts 4H'ers. Representing others is one of an officer's most important responsibilities because it exists at all times ­ not just while you are at a 4H meeting.

About Being the Treasurer (1)
The treasurer is responsible for taking care of the group's money and bank accounts. This responsibility requires honesty, integrity and cooperation with your group's members and leaders.

The Treasurer's Responsibilities
Check the following items to verify that you understand and accept these responsibilities:

I will inform the bank in which my 4H club or group's funds are deposited that I am the new treasurer, and sign the appropriate forms so I can write checks drawn on the account.
I will handle all money matters for my 4H club or group.
I will keep an accurate record in the treasurer's book of how all money is used.
I will deposit all funds that my group earns or receives in the bank as soon as possible after receiving them.
I will pay all of the group's bills promptly as directed by the members and approved by the president.
I will prepare and present a summary of income and expenses at each meeting. I will also report the current balance of all accounts.
For clubs I will complete the Monthly Treasurer's Report (p. 20) or go to http://www.mass4h.org/volunteers/volunteer_forms/MonthlyTreasurersReport.pdf.
For advisories I will complete the Quarterly Financial Cover Sheet Summary (p. 22) and attach it with my group's quarterly report (p. 21) http://www.mass4h.org/volunteers/volunteer_forms/
treasurers_forms/excel_forms/MonthlySummaryFinancialReportforAdvisories.xls
).
For both advisories and clubs I will complete the Projected Budget/Fundraising Plan (p. 23 or go to http://www.mass4h.org/volunteers/volunteer_forms/
treasurers_forms/excel_forms/ProjectedBudgetFundraisingPlan.xls
), and the Annual Summary Financial Report (page 24 or go to http://www.mass4h.org/volunteers/volunteer_forms/
treasurers_forms/AnnualSummaryFinancialReport.pdf
) at the end of the club or group year and submit the report to the UMass Extension Compliance and Liaison office.

Handling Money
4H clubs or groups are public groups, open to all without regard to race, color, national origin, sex, disability, religion or age. The money groups receive from dues, bake sales and other fund-raising events is owned by the group, not by any one member or leader of the group (http://www.mass4h.org/volunteers/volunteer_forms/treasurers_forms/
tax_guidance/III_C_RESPONSIBILITY_for_PAYING_Raffles.doc
). Because 4H is a public organization, it is not "owned" by individuals the way a company is owned. Instead, 4H is owned by the public. Therefore, the responsibilities of the 4H club or group treasurer are quite different from those of the treasurer of a private company.

A treasurer in a privately owned company is responsible to the other officers of the company and to the owners or stockholders for managing and controlling the assets of the company. These assets include cash, bank accounts, buildings, land and equipment. The treasurer of a 4H group is responsible not only to the other officers, but also to the other members, the adult leaders and the public. (Most 4H groups only have cash or bank accounts to manage, rather than land, buildings and equipment.)

You're in charge of "keeping the books," that is, your group's receipt book, checkbook and check register, payment vouchers and bank statements. The public calls for a higher standard of accountability and integrity for public groups. You can meet the high standards required of a 4H treasurer by studying and following the money handling methods found in this treasurer's book. These standards apply whether a group has 25 cents or $2500 in the treasury.

Conflicts may arise if money is not handled carefully and accurately. You can protect yourself and your 4H group from conflict by being careful, responsible and accurate when handling the group's finances.

Receipts
When you receive money from dues or a fund-raising activity, you must always write a receipt for it. Writing a receipt takes a little time, but it helps protect your


1 An adult leader should help you review this section. You should also review together the "Important Financial Reporting Information" on page 11.

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