Joseph's Project Board of Directors Meeting Minutes -- May 17,2010

Attendees

Directors

Members

Mike Nestor

Current balance

Current balance is $6570, of which $500 is reserved for purchase of a freezer

New items

Election of Officers

The following were elected as officers for a two-year term.
Office Candidate
President Rich Deneault
Vice-President Steve Johnson
Treasurer Erin Beardsley
Secretary Karl Hakkarainen

The Board also reappointed Karl Hakkarainen as webmaster.

IRS filings

Email from our attorney, Elizabeth Schwartz, states that our fiscal year ends in June.

We must file our 990-N form, aka the e-Postcard, within five months of end of the fiscal or risk losing our tax-exempt status.

Karl will complete this form prior to the next meeting.

Transfer of signatory authority

Mike, Erin, Rich, and out-going treasurer Colleen Adams will meet at Commerce Bank to complete necessary paperwork so that Rich and Erin have proper signatory authority for the Project's bank account.

Karl reported on Walmart's grant programs. The grants require that we identify specific projects before we can apply for funds. We cannot use funds for regular operating expenses. The Board discussed various project ideas, such as campaigns for back-to-school support, special dietary programs, and increasing fresh foods as a part of our deliveries. We will discuss this again at future meetings.

Fund-raising

The Board discussed various fund-raising topics, includign the annual Halloween party, a meat raffle in the winter, and other projects.

The Board decided against a fund-raiser Luau.

Action Items

Item Who Due Status/Notes
File 990-N paperwork Karl Next meeting  
Complete transfer of bank signatory authority Rich Next meeting  
Review shopping requirements Lynn and Steve Next meeting  

Next Meeting

Meetings are typicall held on the second Monday of the month at 6PM at 53 Raymond Street.

The next meeting will be held on June 14, 2010 at 6PM at 53 Raymond Street, Holden MA.

The Board agreed not to have meetings during July and August. Needed businesses will conducted by email during the summer with the Secretary publishing a report on major activities in lieu of meeting minutes.


This page was updated on May 20th, 2010 at 14:29:18