Organization for Transformative Works/Finance

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Name: Finance Committee of Organization for Transformative Works (OTW)
Date(s):
Profit/Nonprofit: Nonprofit
Country based in: USA; international volunteers
Focus: Tracks spending, makes payments, maintains financial records, and develops a budget for the OTW.
External Links:
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The Finance Committee (previously the Financial Committee) is one of the committees involved in the Organization for Transformative Works, and is responsible for all of the financial activity linked to the OTW, including budgeting and making payments.

It was dissolved for a time between July 2014 and July 2016, during which time the OTW's financial activity was the sole purview of the Board of Directors' Treasurer.

Following the OTW 2015 Board Election, improving transparency around the OTW's finances became a priority of the new Board of Directors, and the Finance Committee was rebuilt to help in achieving this goal.

The OTW website describes the committee's role as follows:

Finance is responsible for keeping the OTW’s books accurate, making and tracking payments, working with the Board on creating and updating the budget, preparing and releasing accurate and informative financial statements, and ensuring that the OTW meets all its tax filing requirements.

Reports & Governing Documents

The Finance Committee's governing documents, annual reports and tax filings can be found at the Reports & Governing Documents page.

History of Chairs

  • 2007-08: Susan Gibel
  • 2009: Susan Gibel
  • 2010: Sheila Lane
  • 2011: Sheila Lane
  • 2012: Nikisha Sanders
  • 2013: Cat Meier & Nikisha Sanders
  • 2014: Cat Meier & Nikisha Sanders
  • 2015: M.J. McRae
  • 2016: Atiya Hakeem & Yuechiang Luo
  • 2017: Yuechiang Luo

References