Treasurer

Information and Procedures

Review the following reference materials in the listed order to help guide you during the transition into the treasurer role:

1. Introduction to Financial Policies and Operating Guidelines
2. IRS Tax Filing 990-N (e-Postcard)
   • IRS Tax Filing Requirements
3. Creating an LMSC Annual Financial Statement
   • National Unified Fee Structure and Membership Options
   • Reviewing Registration Money
   • Receiving bank ACH deposit is preferable to checks in the mail & more time effective for everyone. If your LMSC would like to move away from sending checks to USMS, please contact Volunteer Services for more information.
4. LMSC Donations
5. Contacts and Resources

LMSC treasurers perform an important and complex function. Good accounting practices and knowledge of USMS Financial Policies and Operating Guidelines for LMSCs are vital to an LMSC’s financial health. 

Important Updates

• Starting Jan. 1, LMSCs will be required to comply with the appropriate state regulations before USMS will collect donations through online registration. 
• USMS Launching a new CRM on April 1
• Volunteer Working Calendar - We've put together a working calendar which includes national events and initiatives, important registration information, deadline reminders, educational webinars, and more!