My Fraternity has been mulling around the idea of raising dues for the past few years but it has never happened. As I’m sure you know no one wants to vote on something that would cost them more of their money. Just the same a congress would never vote to lower their paychecks.
My fraternity is really small, and is in debt pretty bad, so we really can’t do much without having to pay for it ourselves. How are we supposed to recruit?
I am regional officer for my fraternity and the one main issues I have with my chapters I am responsible for is they are behind on their national dues. What is the best way I can get them out debt?
My fraternity has a big problem with dues. Some people have legitimate excuses but most don’t. Also, we offer payment plans on a need to need basis. What are some ways to make guys pay dues? What I have gathered so far:
If you are a frequent reader to the site, you know that we are big fans of WePay. We at thefraternityadvisor.com believe that they provide fantastic value to Greek organizations.
Your fraternity budget is probably $20,000 a year minimum. Because this figure is so high, your fraternity is doing your brothers a disservice if you aren’t treating your treasurer’s responsibilities as a business.
Chances are, you have a brother or two in your fraternity has fallen behind on their dues for a significant amount of money. These brothers have worked with the treasurer and the previous treasurers to work out a payment plan which was supposed to bring them current. However, they never seen to be catching up on their responsibilities.
Every fraternity believes that their alumni have deep pockets and will help the chapter out financially. However, most fraternities do not receive much financial support from their alumni. The reason for this is simple – fraternities don’t know how to ask.
Every fraternity pledge class should be empowered to control their own finances. Doing so will not only empower the class, it will teach them the importance of being fiscally responsible.
The treasurer is probably the third most important position in the chapter, behind the president and the social chair. Needless to say, the brotherhood trusts this individual with a large sum of money, their money, every semester. It is imperative that the treasurer does a good job. The treasurer has two responsibilities. The first is [...]
