Board of Directors
Meeting Minutes
Wednesday, June 28, 2023
EFC Community Room, 1341 W. 26th
Kevin Schaaf called the meeting to order at 5:36pm.
Attending: Vice President - Kevin Schaaf, Treasurer - Derek Golembeski, Secretary - Liz Bugbee; Directors: Chauncey Dumbya Brown (attending via Zoom), Wren Holquist (attending via Zoom), Sarah Parker, Colleen Daisley
Staff Personnel: Chief Executive Officer/General Manager - LeAnna Nieratko; Marketing Manager - Heidi Yeagle
Guests: no guests in attendance
Member Owner Comments: no comments at this time
Review of Last Month’s Minutes; Liz Bugbee
Motion was made by Colleen Daisley to accept the minutes as written. Sarah Parker seconded. There was no discussion. Motion passed.
Treasurer's Report: Derek Golembeski
Derek reported 14 new full members for the month and 1 request for return of investment.
Motion was made by Liz Bugbeevto accept the Treasurer’s report. Colleen Daisley seconded. There was no discussion. Motion passed.
CEO/GM Reporting: LeAnna Nieratko
CEO/GM Report: LeAnna presented and reviewed the May report, highlighting continued great sales, the success of the EDDC service fee model for Downtown, recent staff training events, the new member benefits beginning July 1st, and the expectation that the ERC money will be received this summer.
B1: Financial Condition: LeAnna resubmitted B1 reporting non-compliance with sections 2, 3, 7, and 10. LeAnna has worked closely with Columinate and has already enacted plans to bring EFC into compliance.
**B2: Planning and Financial Budgeting:** LeAnna reported evidence of compliance with all parts of the policy.
B6: Staff Treatment and Compensation: LeAnna reported evidence of compliance with all parts of the policy with data from the bi-yearly staff survey.
Business Plan July-Dec 2023: LeAnna reviewed the plan with a continued focus on intentionality and operations of the EFC.
Motion was made by Derek Golembeski to accept the CEO/GM report, policy review and business plan. Colleen Daisley seconded. Motion passed.
Board Policy Evaluation: Shari Gross
C6 Officer’s Roles: All board members reported compliance with the policy with the exception of C6.5. Suggestions are that the Board be more intentional and strengthen the role of the Treasurer. The plan is to reach out to Columinate to elicit ideas about the Treasurer’s report content and to include the Treasurer in meetings with Columinate and EFC’s accountants.
Motion was made by Sarah Parker to accept the policy review. Colleen Daisley seconded. Motion passed.
Board Learning: deferred; Liz will present some of her takeaways from CCMA at a future meeting. New Business:
Nominating Committee Report: The committee met twice to plan and set a timeline. The applications are ready and Heidi will email them to the committee for approval.
Member Linkage: The committee will meet to begin planning the annual meeting in October. Closure:
Motion was made by Sarah Parker to adjourn the meeting. Chauncey Dumbya Brown seconded. Meeting adjourned at 6:53PM.