January 2022 — Board Meeting Minutes

By WRFI Board Recorder | August 9, 2022

WRFI Board Meeting

January 11, 2022: 6-8pm

Present:

Felix Teitelbaum
Alexandra Ackert-Smith
Corinne Shanahan
Carlos Gutierrez
John Young
Joe Romano
Chantal Thomas

Not Present:

Godfrey Simmons
Robin Elliott
Joseph Haefeli
David Walton
Stephen Cope

6:00pm

6:03pm: Quorum achieved

6:07pm: VOTE: Adoption of Minutes & ED Report (Joe Romano motioned to approve minutes; John Young seconded motion)

6:09pm: Motion passed; Adoption of December minutes

6:10: Treasurer’s report: 2021 Performance & 2022 Budget

John shared the year-to-year difference in operating budget from 2020 and 2021
Discussion of organizational reserves and the expense of the transmitter project
- Current standing for the transmitter project: $8k received, $25k firm commitments, $25k tentative commitments, $42k still needed
Caution in spending down reserves when the full impact of the pandemic hasn’t yet played out
ICR operating budget for 2022:
- Operating income: $125,610.21 preliminary; $143,664.00 projected (aspirational growth in two areas: underwriting, “other grants” for the Capital Campaign, and potential pandemic relief funds)

6:46: VOTE: Approval of 2022 Budget

6:47: Felix shared Profit and Loss Standard Report (P&L)

6:50: ED's report: Park Foundation Proposal

1570 total contributing members in 2021, 128 of which were new members
The station will find out in a few months whether the proposal has been approved

6:55: Discussion of COVID protocols, Studio A construction

7:07: Discussion: Executive Administrator job description review

7:16: VOTE: Approval of EA job description and posting

7:18: Discussion: Committee Next Steps & Initial Charter

Each committee will create an initial charter: description of group mission, contact info, meeting schedule, responsibilities that fall under the group’s purview
Each committee should have a lead organizer

7:27: Discussion: Major Donor Dialing Event in February