Board of Directors
Meeting Minutes
Wednesday, March 26, 2025
EFC Community Room, 1341 W. 26th
Shari Gross called the meeting to order at 5:30pm.
Attending: President - Shari Gross, Vice President -Kevin Schaaf, Treasurer - Colleen Daisley, Secretary - Liz Bugbee; Directors: Derek Golembeski, Amanda Gates, Amanda Kleckner, George Kilbert
Staff Personnel: Chief Executive Officer/General Manager - LeAnna Nieratko; Marketing Manager - Heidi Yeagle, Store Manager - Chad Seblink
Guests: 2 member-owners in attendance.
Member Owner Comments: One member indicated that the link to the by-laws on the website was broken. Another member reiterated her previous comment to consider increasing use of the community room, especially now when community organization is of utmost importance.
Review of Last Month’s Minutes: Liz Bugbee
Motion was made by Colleen Daisley to accept the minutes as written. Amanda Gates seconded.
Treasurer's Report: Shari Gross
There were 39 new members and 3 requests for return of investment. NCG consultants recommended the use of the line of credit to cover payroll. A $100 expense was incurred as a result of this transaction.
Motion was made by Derek Golembeski to accept the treasurer’s report. Amanda Kleckner seconded. Motion passed.
CEO/GM Reporting: LeAnna Nieratko
CEO/GM Report: LeAnna presented and reviewed the February report. Sales were down a small percentage however expenses were down significantly. Labor was also down from the previous month. There is some uncertainty from distributors regarding the tariff situation and prices are projected to increase. Chad Seblink received deserved kudos for his work during LeAnna’s leave.
B4: Membership Rights and Responsibilities: LeAnna reported evidence of compliance with all parts of the policy. She did ask the Board to consider the possibility of withholding refunds if
needed. This is covered in the policy and will be discussed at the next finance committee meeting.
Motion was made by Liz Bugbee to accept the CEO/GM report and policy review. Amanda Gates seconded. Motion passed.
Board Policy Evaluation: Kevin Schaaf
C2 - The Board’s Job: Majority of Board Members reported compliance with all sections of the policy, citing relevant evidence, with the exception of C2.6. Improvements to new board member orientation and board recruitment and elections were suggested.
C5 - Directors’ Code of Conduct: Majority of Board Members reported compliance with all sections of the policy, citing relevant evidence
Motion was made by Colleen Daisley to accept the policy review. Amanda Kleckner seconded. Motion passed.
Board Learning: deferred
New Business:
Committee Updates: The member linkage committee will meet to discuss how to involve employees in board matters in lieu of having an employee board member.
CCMA: A couple of board members expressed interest in attending the conference in Duluth at the end of May.
Closure: Next board meeting is April 23, 2025 at 5:30pm.
Motion was made by Colleen Daisley to adjourn the meeting. Derek Golembeski seconded. Meeting adjourned at 5:56pm.