My neighborhood has a nice, well-established Moms and Tots group. The group coordinates playgroups, welcomes new people to the neighborhood, does meals for new moms, and organizes ladies' nights out among other things. We have approximately 70 member moms. In the past, we were loosely organized with a budget of about $2500-$3000/year, coming from members' dues and ad revenues from our member directory. The woman who served as treasurer ran the bank account too as part of her job. Well, sometime in the last couple of years, a previous treasurer didn't want her own social security number associated with the account (understandable) so the group was organized into a not-for-profit (I think.) Now, our ability to raise ad revenues is limited by law to a max of 35% of the money raised from membership dues. Plus, we have to file a tax return, Secretary of state filings, etc. It seems like there must be a better way. Any ideas? I just want to keep it simple, flexible, and easy to transition to another person since the officers turn over every 1-2 years. Thanks!
Mine is through Meetup.com. The organizer (I used to be one) pays for the 6 month fees to meetup and then divides the fee by number of members and gets that money from each member. All activities are paid for by the individual members.
Go to your local bank and ask them for different options. Typically the smaller the bank, the better customer serivce on these type of things.
Another option - With your neiborhood group being so large, seek out someone who works at a bank or is a CPA in your subdivision. The spots it gets tricky is when you sell something and you have a taxabale event. Good Luck.
Hi, I'm a member of DuPage Mothers & More which is a non-profit. We do a big kids clothing and toy resale twice a year and that (along with membership dues) funds all of our events throughout the year. Occasionally for things like the Christmas party we ask the members to throw in an extra 5.00 or something so we can get a private room/have a nicer dinner. I've never been treasurer so not sure how much work is involved but this seems to work well for us. Good luck!
My mom's group doesnt collect money, we each pay our own way when we go out or we have playdates at houses. We used to have them for free at one member's church, but we stopped when she quit the group and her church wanted us to pay.
