Minutes
Board Meeting
Feb 26, 2008

The meeting was called to order via email on Feb 20, 2008. Those attending: Roger, (chairing President), Gerard, Steve, Mary, and Nancy.

Agenda Item 1: Minutes of Last Meeting - Approval

 

- Since there were no objections, the Minutes of the last Board Meeting were considered ratified as correct.

 

Agenda Item 2: Annual Elections – Congradulations

- Roger congradulated the Officers and Board on their selection.

- Since there was no contest, an election was not held.

- Roger is continuing as President, Gerard as VP, Nancy as Secretary/Treasurer, and Mary and Steve as board members.

Agenda Item 3: Projects Review – Report by Roger

- Roger reported inventory holding well with 200 CDs and 100 booklets. PayPal funds are adequate to address any need for reprinting booklets or burning CDs.

Agenda Item 4: Admin Reporting - Report by Nancy

 

- Administrative reporting requirements were outlined by Nancy to include the State of Deleware, the State of Wisconsin, and the IRS.

- Computation of Net Worth and Revenue was detailed, with expenses listed.

 

Agenda Item 5: Adjournment

 

- The meeting was adjourned on Feb 26, 2008 with no further coments from the other board members.