i have couple different points of view on this.
1. is it worth the money? absolutely yes. there is a ton of work to do when you hold these offices. from collecting the money each week, awards, score verification, etc. and yes some are alot better than others, i have worked with about 100 different treas/sec and 1 in 5 are really good most of the others are just par so to speak.
2. in this day and age, depending where you bowl most centers have BLS or some other league processing system installed on their network. so for me when i process the scores, which i have to do anyways, i can just use a simple mouse click to print everything from awards, sanction cards, recap sheets, and weekly standings. but remember some leagues dont want the "house" to be running everything. we provide the service of doing everything (with the exception of collecting the money) to all of our leagues.
3. and yes i hear the same guys saying "look how much this guy made for doing this league" and to those people i say have fun doing it because even with all the technology we have it still a pain in the rear with some of the people in this world.
just my 2 cents from my years in the business and as a bowler