The Fireman’s Relief Association of Towamencin Township, PA – Montgomery County – Audit Period January 1, 2021 to December 31, 2024

The compliance audit of The Fireman’s Relief Association of Towamencin Township, PA, covering the period from January 1, 2021, to December 31, 2024, aimed to verify corrective actions from previous audit findings and compliance with state laws regarding state aid and fund expenditure. The audit concluded that while appropriate corrective action was taken on prior findings and most state regulations were followed, issues persisted such as failure to maintain an accurate membership roster and inadequate signatory authority for fund disbursement. Additionally, they noted an observation where the Federal Deposit Insurance Corporation coverage limits were exceeded. These findings and observations were discussed with the management of the association, and their responses were included in the report. The association was also affected by an electronic transaction theft, which was subsequently reimbursed. Despite these issues, the audit revealed a generally satisfactory compliance with regulations. This is an automated summary. Please rely on the contents included in the released audit report.