MN350 & MN350 Action Board Treasurer olunteer Position

MN350 & MN350 Action Board Treasurer – Volunteer Position

MN350 is a dynamic, community- led and volunteered-powered grassroots organization building a people’s movement to demand that Minnesota take action and leadership in addressing the climate crisis in an equitable and sustainable way. Our mission is to unite Minnesotans as part of a global movement to end the pollution damaging our climate and particularly harming BIPOC and low-income communities, speed the transition to clean energy, and create a racially just and healthy future for all. MN350 is a 501©(3) organization.

MN350 Action is a 501©(4) advocacy nonprofit that is building a bold, diverse mass movement for climate justice by building public support and equipping supporters to effect change at the local, municipal, and state levels. MN350 Action is a sister organization to MN350 that shares staff, offices, and volunteers. MN350 and MN350 Action work collaboratively with numerous coalition partners to build a movement for climate justice and racial justice.

MN350 is a state affiliate of 350.org, a global organization building a grassroots movement to stop the climate crisis and realize racial and climate justice for all. 350.org’s online campaigns, grassroots organizing, and mass public actions are led from the bottom up by thousands of volunteer organizers in more than 188 countries. The number “350” stands for the upper limit of carbon pollution in the atmosphere that is compatible with a livable climate.

Accountability

The board treasurer is an executive and voting member of the board of directors of MN350 & MN350 Action and is appointed in a manner consistent with the bylaws. He/she is accountable to the Board for the fulfillment of the duties and responsibilities outlined below.

Authority

The treasurer, like other board members, has no authority to direct staff or take independent action on matters outside of the duties outlined unless given such authority by the Board.

Time Commitment

Up to Ten hours per month (board meetings, meetings with the Executive Director, committee meetings)

Term of Office

Two years with the possibility of renewal for a second term.

Roles and Responsibilities

The treasurer will offer guidance to the Executive Director and Senior Accountant in ensuring good fiscal planning, decision-making, and oversight at a governance level.

His/her principal duties are to:

• Ensure that the board reviews the appropriate monthly or quarterly financial statements
• Ensure the board regularly monitors the organization’s financial performance and alerts it to any important discrepancies between planned and actual figures.
• Ensure that the organization maintains the appropriate financial books and records, which are accurate and up to date.
• Ensure that government tax filings and remittances are submitted on a timely basis.
• Ensure that excess funds and reserves are properly held and invested.
• With the Executive Director, verify that donations are handled appropriately and that grants and service delivery contracts are accounted for in accordance with funders’ requirements.
• Meet with the external auditor annually, or more often if needed, to identify any financial control and record-keeping problems or deficiencies and oversee action along with the board president by the Executive Director and Senior Accountant to address them.
• Recommend to the board the need for a review or renewal of the auditing services provided
• Assists, if needed, the Executive Director, Senior Accountant, and board chair with the development and presentation of the annual report
• Helps, along with the Executive Director, keep the board informed of important financial events, trends, and issues relevant to the organization

Committee Membership

• The Treasurer is automatically a member of the Executive Committee if one exists and will generally chair the following committees when and where such are necessary:
• Audit Committee
• Budget Development Committee

Qualifications

• Commitment to the organization’s mission and strategic directions
• Support MN350’s DEI efforts
• An understanding of and experience with sound financial management and reporting practices
• Knows how to use QuickBooks
• An understanding of grant management and lobbying reports 
• A professional accounting designation may be required
• An appreciation of the kind and level of financial information needed at a board level to support decision-making
• An ability to commit the time necessary to fulfill the responsibilities described

Questions can be directed to:

Tee McClenty

Executive Director

MN350 & MN350 Action

[email protected]