Chapter Finances

Perhaps the most critical role of a chapter is the role of stewards for the chapter’s finances.  Chapter leaders are ultimately responsible for managing the finances of a chapter in a way that balances the needs of the site while maintaining the chapter’s ability to function.  

Chapter funds can come from a variety of sources but ultimately are in the hands of the chapter leaders who should be considered stewards of the money in their care.

Chapters must maintain financial information in accordance with Generally Accepted Accounting Principles (GAAP).