Treasurer vs trustee

The differences between treasurers and trustees can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a treasurer, becoming a trustee takes usually requires 4-6 years. Additionally, a trustee has an average salary of $97,590, which is higher than the $80,467 average annual salary of a treasurer.

The top three skills for a treasurer include payroll, fraternity and bank accounts. The most important skills for a trustee are financial statements, real estate, and debtor.

Treasurer vs trustee overview

	Treasurer	Trustee
Yearly salary	$80,467	$97,590
Hourly rate	$38.69	$46.92
Growth rate	17%	12%
Number of jobs	18,358	112
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 59%
Average age	46	45
Years of experience	8	6

Treasurer vs trustee salary

Treasurers and trustees have different pay scales, as shown below.

	Treasurer	Trustee
Average salary	$80,467	$97,590
Salary range	Between $37,000 And $173,000	Between $54,000 And $175,000
Highest paying City	Cambridge, MA	-
Highest paying state	Maine	-
Best paying company	Partners Group LTD	-
Best paying industry	Manufacturing	-

Differences between treasurer and trustee education

There are a few differences between a treasurer and a trustee in terms of educational background:

	Treasurer	Trustee
Most common degree	Bachelor's Degree, 74%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Treasurer vs trustee demographics

Here are the differences between treasurers' and trustees' demographics:

	Treasurer	Trustee
Average age	46	45
Gender ratio	Male, 48.0% Female, 52.0%	Male, 51.2% Female, 48.8%
Race ratio	Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.5% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3%	Black or African American, 11.0% Unknown, 5.4% Hispanic or Latino, 14.1% Asian, 5.1% White, 63.6% American Indian and Alaska Native, 0.9%
LGBT Percentage	11%	14%

Differences between treasurer and trustee duties and responsibilities

Treasurer example responsibilities.

Manage accounting department to include A/R and A/P staff.
Organize and manage several school functions/activities, assist school personnel, make PTA purchases, and balance the checkbook.
Trust with managing all financial accounts associate with the fraternity and prepare organized financial statements for all members and alumni.
Champion adoption of consent agenda procedure, streamlining meetings and improving overall effectiveness of alumni leadership.
Form PTO s 501 (c) 3 and prepare PTO s 990.
Calculate and submit the yearly HOA community tax forms.

Trustee example responsibilities.

Plan and manage executive, conference and NCAA meetings.
Evaluate and score scholarship applications; notify applicants of the board's decision
Chair of various institutional committees; with an emphasis on the shared governance process.
Make weekly court run to retrieve documents from web pacer brass for general public.
Review and analyze that all ECF documents for case set up has been file.
Coordinate annual fundraiser activities including designing and printing the campaign letter send to all alumni.

Treasurer vs trustee skills

Common treasurer skills

Payroll, 14%
Fraternity, 8%
Bank Accounts, 8%
Community Services, 5%
Financial Transactions, 5%
QuickBooks, 4%

Common trustee skills

Financial Statements, 22%
Real Estate, 12%
Debtor, 11%
Bankruptcy Court, 6%
Scholarship, 5%
Foreclosure, 3%