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Trainings for treasurers in October

MTA invites treasurers, membership and other local leaders to attend one of five regional treasurer trainings at a location near you. This session provides an overview of the primary responsibilities of a Local Association Treasurer, including the management and reporting of accurate membership and financial data. The course will include a high-level review of the components necessary to build and maintain a financially strong local association. It will also provide information regarding the tax requirements of a local association. Finally, the course will provide instruction pertaining to the collection and transmittal of membership data from the local association to the school district and the MTA. The following is a basic outline of topics that will be discussed within the session:

  • Fundamentals of budget preparation and financial planning
  • Fundamentals of budget preparation and financial planning
  • Financial reporting, transparency and internal control procedures
  • Required regulatory filings
  • Agency service fees Local office support program
  • MA Data Security Laws and regulations
    • Compliance with IRS independent contractor laws and definitions
    • Independent contractor vs. employee issues
    • Payroll and payroll tax issues
    • Annual tax reporting to the IRS
      • 990, 990-EZ or a 990N (e-postcard)
      • Maintenance or reinstatement of tax-exempt status
      • Membership Processing
        • Enrolling new members
        • Maintaining existing members
        • Payroll deduction setup
        • NEA/MTA dues billing
        • Interactive Membership Services (IMS) database

        Treasurer Training Schedule

        Tuesday, October 1
        3:30 - 6:30 p.m.
        Reading Memorial High School
        Distance Learning Center
        62 Oakland Road
        Reading, MA 01867

        Online registration for the Reading workshop is now closed. To register, call Maureen Noyes, 617-878-8305.

        NEW DATE! Thursday, October 3
        3:30 - 6:30 p.m.
        Cape Cod Regional Technical High School
        351 Pleasant Lake Avenue
        Harwich, MA 02645

        Register for Cape Cod workshop.

        Tuesday, October 8
        3:30 - 7 p.m.
        MTA Braintree Service Center
        Cochran Conference Room
        100 Grandview Road
        Braintree, MA 02184

        Register for Braintree workshop

        Financial and membership materials for local association treasurers, including the 2013 handbook, are available here. (User name and password required.)