If you’re reading this article, you’ve likely found yourself in a position where you need an explanation of business meeting minutes.
That’s where this article will come in handy. Here you’ll find answers to four common questions related to taking minutes.
What are business meeting minutes and why do they matter?
Business meeting minutes are the official record of a group’s action. Taking minutes is important for at least two reasons.
First, the law expects that organizations will keep an official record of the proceedings of a group’s members, committees, and governing bodies.
The Internal Revenue Service (IRS) requires tax-exempt organizations that file a Form 990 to verify that, as an organization, they have documented their actions. Even though the IRS does not require churches to file a Form 990, state nonprofit laws often include a requirement that nonprofit ...