Board of Director’s Meeting

New Wave Corporation

915 E. Broadway – Columbia, Mo. KOPN Studios, Cope Ashlock Room

Meeting of October 19, 2010

In attendance were Thomas Sobieck, John Betz, Meg Pochė, Ray Marks, Ann Mehr, Tom Verdot, Kyle Cook, Scott Meiner, and David Owens.

Absent: Sheryll Clapton, Jim Baker, Ellen Froeschner, Brigette Early

Guest: Ruth Montgomery

Call to Order:

Board President, Thomas Sobieck, called the meeting to order at 7:05pm and asked for any changes to the agenda. No changes were made to the agenda.

Review of Minutes:

The minutes from the August 17 and September 21, 2010 meetings were reviewed. Scott Meiner motioned to approve the Minutes. Kyle Cook seconded the motion. All agreed.

*The minutes from the August 17 an September 21, 2010 Board meetings were approved.

Treasurer’s Report:

John Betz asked if the simple profit/loss statement was in an acceptable form for the Board. David Owens pointed out that payroll information is still missing from the form. Once payroll information is included in the form, the Board agreed it would be an acceptable way to present financial updates to the Board at monthly meetings.

David Owens announced that he had hired Jill Sheets and was training her on how to input financial information in to Quickbooks.

Officers Report
Audits – David Owens relayed that the audit was still a work in progress. The CPB apparently had us fill out the wrong form and then deleted the information we had gathered for the form we were given. Although we received a check from the CPB, we are still working on finalizing the required form(s) in order to complete last year’s requirements and proceed with upcoming grant applications. David will be meeting with Tammi Benus soon to arrange for her to take on as much Quick Books responsibility as possible for the future.

Staff Reports
Drive – Second day of the fall membership drive today and so far we’ve had approximately $6,000 in donations excluding mail in donations. A decision was made by staff to conduct a lapsed donor drive after every membership drive.

Maintenance needs – Several pieces of equipment are in need of repair, including the Paquin A.C. unit for our Studio to Transmitter Link, the stereo monitor in the production room, and the KOPN tower needs repairs and updates. Little to no cash flow impeding progress here.

Bulldog Adoption – A Bulldog Adoption Underwriting agreement turned out to be a Nigerian scam after the underwriting had aired several times on KOPN. KOPN had received payment of $300 for airing the underwriting before discovering the scam. After the scam was discovered the underwriting was pulled immediately. A discussion was held on how to handle the problem. Staff will meet and discuss the issue with KOPN’s attorney.

Committee Reports
Programming Committee – Ray Marks informed the Board about the finalized drafts of 2 letters to go out regarding staffing of the Programming Committee. Jill Sheets sent out a letter to the master email list asking for self-nomination. A letter to non-programmers was given to Christine Gardener for distribution to the KOPN Focus Groups.

KOPN Focus Groups – Meg Poché distributed handouts on KOPN Focus Group information and requested that each Board Member pass along a copy to one person they know.

New Business
Board Membership – Ruth Montgomery sat in on tonight’s meeting and expressed an interest in joining the Board.

Meeting adjourned: 8:00pm Next Meeting: November 16, 2010

Respectfully submitted to the Board by Meg Poché on November 14, 2010