Regular Meeting -- December 19, 2010
The Board of Directors held its regular monthly meeting at 2007 Bert Avenue, Austin, TX 78704, starting at 2:50 pm. The following directors (constituting a quorum of the full board) were present at the meeting: President and Treasurer Kathy Lee, Secretary Pam Chambers, Penny Chambers (by phone) and Vice President Tamara Vogt (by phone). Robert McGarey (Executive Director) Chris Grigassy were also present at the meeting.
The Mission Statement was read aloud at the beginning of the meeting. Minutes from the September meeting were read aloud. The minutes were then approved as read.
First Item. Bob got us up-to-date on what has happened since the September meeting. We got $1000 from Bingo in October, and bingo looks like it's really improving. However, our $2500 yearly license fee will be subtracted from whatever we earn this quarter, so we may not receive any actual income in January.
Kaci has been working at home. She's working on the Bingo Hall web site to improve their current site.
Penny talked to Fritz about people donating their cars to the Center. Fritz said that they would get a better deal by selling their cars and donating the money to us, instead of donating the car itself. He said he would write up a document to that effect. Penny got a lot of information. People receive fair market value but not blue book value for their donation. A lot of times people don't have an option, and just have this clunker sitting in the driveway. So it benefits them to give it to us.
Bob reported that the Sconcis have offered to extend the mortgage for another 5 years; yay! He says this is an enormous relief! Bob is still exploring what other options we have.
Bob said he's now on the board of Community Shares of Texas, but that we probably won't be able to participate in it this year because we can't afford a financial review. If we set up a swap of financial reviews with another charity we could probably participate, but we don't have a CPA who does financial reviews to offer.
Oceanna will begin renting the Imaginary Room on January 1 for $200 if we finish renovating the bathroom, $150 if we don't. Bob also pointed out that GoodwheelChairs is our most profitable income source. Chris offered to get together with Betty Rogers to discuss ways to get started on a grant for GoodwheelChairs.
Since there was no further business, the meeting adjourned at 5:05 pm.
Minutes submitted by Pam Chambers, Secretary, December 19, 2010.