Who are the Officers and What Do They Do?
The corporate officers are usually the President, Vice-President, Secretary and Treasurer. They are responsible for the everyday running of the corporation and each officer has special duties. The President (or chairman, director, etc.) is the person in charge of the organization and of running the board meetings. You will also need a Secretary who is in charge of keeping records of your meetings, legal paperwork, communications, etc. Your Treasurer is the person who keeps track of the money and financial reports. Most organizations also like to have a “Vice-President” or someone who is able to step in and take charge in the absence of the President. An officer can also be a board member. http://www.nonprofits.org/npofaq/03/02.
Related Questions
- Many states allow officers to be excluded or have a minimum number of employees before I am required to buy Workers’ Compensation Insurance. Do these follow through to Longshore?
- Why does Ordinance No. 360 propose to change the "constitutional" officers to "charter" officers?
- Can FHA Approved Lenders use non-employees as Loan Officers?
