Actions

Board

Board Meeting (February 17 2012)

-

Start time February 16, 2012 07:30:00 AM
End time February 16, 2012 09:00:00 AM
Location 110 North 5th Street Suite 420, Minneapolis, MN 55403
Attendees

Attendees

  • Luke Francl
  • Adrienne Peirce (secretary)
  • Jamie Thingelstad (chair)
  • Kevin Spreng

Absent

  • Robert Weber
  • Ben Edwards

Agenda

  1. Board Actions
    1. Approve minutes from November 18, 2011 meeting.
  2. Sponsor and Fundraising Update
  3. Discussion of Annual Report
  4. Discussion around additional board members
  5. Discussion around upcoming MinneBar 7
  6. Discussion of MinneDemo Rochester

Minutes

A meeting of the Board of Directors of Minne✱, a Minnesota not for profit corporation (the “Company”) was held on Friday, February 17, 2012 at approximately 7:30 a.m. central time at the 8thBridge, Inc. offices located at 110 North 5th Street, Suite 420, Minneapolis, Minnesota. The following members of the Company’s Board of Directors, constituting the entire Board of Directors, were present and participated in the meeting:

Luke Francl,
Adrienne Peirce,
Jamie Thingelstad, and
Kevin Spreng

Jamie Thingelstad, acted as chairman of the meeting, and Adrienne Peirce acted as secretary of the meeting. A quorum of the directors being present, the meeting was called to order.

Board Actions

The Minutes from the November 18th Board Meeting were approved.

Ben Edwards gave an update of the current status of sponsorship. There is $28,000 pledged for 2012, $32,000 pending finalization, and $8,000 in MinneBar sponsorship. The use of DonorTools to manage sponsorship is being examined.

The addition of a Corporate Supporter level was discussed. This level would be at a lower price point and offer 2-4 tickets and some sponsorship listing at events, but no logos or signage.

It was suggested to create some policies or ground rules regarding what sponsors can and cannot do (e.g. what they can say at a MinneDemo event). The inclusion of a sponsor table for sponsor materials or information about job openings was also discussed.

Annual Report

The board would like to publish an annual report for 2011, the first year as a not for profit. The audience is mainly community supporters and potential sponsors. The purpose is to share our accomplishments and plans to further our education mission. The following items will be included: Board letter, Co-Directors letter, financial statements, events attendance, list of community supporters, list of volunteers.

Related to inclusion of financial statements, it was discussed that an accounting firm should be obtained to audit the year-end financials.

Additional Board Members

Jamie Thinglestad led a discussion of areas where additional board members would be helpful and possible candidates for those positions. Areas discussed were Non-Profit, Financial, Marketing and/or PR and/or Media, and Community Supporter representative.

It was also discussed that board roles should be formalized and documented, including advisory board roles.

MinneBar 7

MinneBar 7 is planned for April 7th; the date was announced at MinneDemo in January, was listed in an email, and is currently on the homepage of the website. Volunteer committees have been formed and are meeting for the first time in late February. A video vendor has given a quote for taping sessions; Luke will negotiate further.

Rochester MinneDemo

The next outstate MinneDemo is targeted for Rochester, MN, due to the amount if expressed interest in that area. Adrienne has connected with Leo Letourneau, who will act as the key organizer and liaison. The target timeline is an event in the fall of 2012.

There being no further business to consider, upon motion duly made and seconded, the meeting was adjourned at approximately 8:30 a.m.

MediaWiki spam blocked by CleanTalk.