Congolese Community of Worcester County Unity, Mutual Aid and Development
Congolese Community of Worcester County Unity, Mutual Aid and Development
The finance committee serves a critical function in the fiscal management of the Organization. It is responsible for preparing the budget, developing comprehensive fundraising strategies, and ensuring that financial information is accessible to the executive committee, Board members, and active members.
The Treasurer is tasked with maintaining a complete and accurate account of all receipts and disbursements, as well as depositing all funds into the Organization's bank accounts. Disbursement of the Organization's funds occurs only upon the President’s directive, with all transactions being thoroughly checked for accuracy. An officer must sign each check or draft issued by the Organization to uphold strict accountability.
Additionally, the Finance Committee is responsible for formulating and reviewing fiscal procedures, fundraising plans, and the annual budget. It ensures that annual reports detailing income, expenditures, and anticipated revenue are submitted to the Board in a timely manner. Furthermore, the committee guarantees that the Organization's financial records are publicly available, promoting transparency among Board members and active stakeholders.
The economic Committee is responsible for developing and reviewing employment and business initiatives, for promoting Congolese economic network and for thinking about means to boost Congolese economic activities.
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