Finance and Audit Committee (FAC)

Prepares and submits for the Board of Trustees' approval the annual Association budget. The FAC also reviews and makes recommendations to the Board regarding the budgets of the Association's owned corporations. In addition, the FAC reviews and submits for Board approval, the annual audited financial statements of the Association and its subsidiaries. The Committee supervises the investment of funds and the long-range financial planning of the Association and its owned corporations. Further, the Committee reviews and submits for Executive Committee approval, the annual audited financial statements of the Association's retirement plans. In conjunction with the audits, the FAC reviews fund performance reports of the retirement plans. The Committee also monitors compliance with and reports to the Board on the Association's conflict of interest and code of conduct provisions, including internal audit activities.

• Finance and Audit Commitee Members
• 2012 Meeting Dates
• Friday, January 27; Conference Call - 1:00-2:00 p.m.
• Thursday, May 10; IHA Naperville - 10:00 a.m.-12:00 p.m.
• Monday, November 12; IHA Naperville - 1:00-3:00 p.m.