A budget provides a financial plan for the chapter and helps determine the priorities and goals for your chapter. Preparing a complete budget requires the involvement of many members of the chapter. All officers, committee members and individuals in charge of special programs must be involved in the process. Once you have a completed and approved budget, you should use it to monitor your actual results. You may find it necessary to adjust your goals and objective throughout the year based on your actual results.
Strategic plans help the chapter establish goals and objectives for both the short and long term.
Strategic plans help to determine a budget to achieve these plans and goals. An audit is required every other year. Form 990s must be filed by November 15. They are mailed to the chapter Treasurer that we currently show in our database. You should have some history of the number of renewals from previous years.