FINANCE COMMITTEE
The objective of the Finance Committee is to provide NGAT with guidance including oversight of general financial operations, development and review of the budget, coordination of the annual audit, capital expenditures and investment management and provides oversight of the Investment Advisory Committee; bring recommendations to the Board, on a timely basis, the aforementioned fiscal matters for Board approval.
- Composed of Chair, Vice Chair, and Treasurer. Treasurer serves as Chair of the Committee. Those with expressed interest in serving on the committee may be appointed by the Chairman in consultation with the committee chair.
- Staff committee members are the CFO and President/CEO, and those appointed by the President/CEO.
- Meetings are held on a regular basis as determined by staff and the committee chair.
Responsibilities:
- Review all financial matters relative to the Institute, keep Directors informed and make recommendations accordingly.
- Approve the budget assumptions for use by staff in developing the annual budget; review and present the budget to the Board for approval.
- Review the planned strategic direction of the Institute during preparation of the annual budget.
- Review and make recommendations concerning the Institute’s capital expenditures.
- Select and receive reports from the auditors and present full audit to the Board for approval.
- Review the Institute’s investments , makes recommendations concerning investment policy and approve the Investment Policy Statement.
Finance Committee
Chair: Andrew Wenzel
Michael Wolff – Chair Audit Committee
Mireya Cruz – Chair Government Affairs Committee
Tielow Henson – Chair Conference Committee
Angela Matthews – Chair Membership Committee
Paul Cerniauskas – Chair Resolutions Committee
Ashley Bloom – Chair Investment Committee
Ragnar Jamieson – Chair Communications Committee
Brandon Horta – Chair Knowledge Management Committee
State Sponsored Life Insurance (SSLI)
Group Term Insurance
This is a low-cost group term life insurance policy which provides coverage on the member, their spouse, and their dependent children. Starting at $3.66 a month for $10,000 policy.
Free $10,000 Life Insurance
NGAT is proud to offer you a benefit of a $10,000 life insurance policy. This policy is offered to new enlistees of the Texas National Guard. Enrollment needs to be completed within 90 days of your enlistment to take advantage of this offer.
Free $1,000 Life Insurance
All currently serving members of the Texas Army and Air National Guard are automatically covered with a FREE $1,000 NGAT Life Insurance policy.
Fed Protect
Low cost Group Level Term Life Insurance for current and former members of the Texas National Guard and Texas State Guard between the ages of 18-75 are eligible to apply with coverage continuing through age 121.
Want to join NGAT?
The National Guard Association of Texas (NGAT) appears before various state and national legislative committees to speak on behalf of the Soldiers and Airmen of the Texas Military Forces. This is why your membership is so important. The greater our membership numbers, the more influence NGAT can bring to the political decision-makers and continue the fight on top issues affecting you and your family. Join NGAT today and make a real difference in the fight for your benefits and your future as a member of the Texas Military Forces.
