Mission: Oversees financial operations of the Association, makes funding recommendations to the Board of Directors, and recommends policies and procedures regarding income and expenditures of Association funds.
Function: Reporting directly to the Board of Directors, this committee is charged with stewardship over NACADA funds. It works closely with the Executive Director and serves as one of the checks and balances with the Board and Council in a shared governance model. It reviews the annual budget for policy compliance, and suggests modifications and/or makes recommendations to the Board as needed.
Membership: Due to the nature of this Committee’s work, membership primarily consists of 10 diverse and experienced NACADA volunteers: (1) A past region and commission chair, (2) current and immediate past finance committee chair, (3) current president and vice-president, (4) three at-large positions, and (5) the association’s Executive Director. Additionally, we seek membership representing NACADA’s diverse composition of people and institutions; specifically this includes those from two and four-year, private and public, domestic and international institutions. This work is facilitated by NACADA’s Comptroller in collaboration with the current Finance Committee Chair, Sr. Associate Director, and Executive Director. Terms are generally two years.