Board Meeting Minutes

Board of Director’s Meeting New Wave Corporation915 E. Broadway – Columbia, Mo. KOPN Studios, Cope Ashlock Room

Meeting of December 15, 2009

In attendance were Randi Bishop, Brigette Early, Meg Pochė, Thomas Sobieck, Scott Meiner, Ann Mehr, Kyle Cook, Ryan Kind, and General Manager, David Owens.Absent: Sheryl Clapton, John Betz, Ray Marks, and Tom Verdot.

Call to Order:

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

Review of Minutes:

The minutes from the November 2009 meeting were reviewed. Randi Bishop motioned to approve the November Minutes. Bridget Early seconded the motion. All agreed.

*The minutes from the November 2009 Board meeting were approved.Budget:

David Owens mentioned the re-stabilization package proposed by President Obama, which might lead to a small amount of added funds in the future. The first CPB and MAC grants have come in. Numbers are up slightly in membership donations from last year, and also up slightly on underwriting. At the present time the station is projected to remain cash neutral, but further efforts need to be made to continue improving the financial health and stability of the station. Ryan Kind stressed that it was crucial during 2010 pledge drives to achieve membership numbers similar to those achieved in 2009.

Officer Reports – Exec. Meeting:

The Executive Committee met on Thursday, November 19, 2009 to review the ongoing financial status of the station as well as continued planning for the future. Efforts are underway with Omar for a more refined accounting system that adheres to GAAP standards. Lines 4160 and 7612 of the budget will need to be altered to more accurately reflect the Columbia Housing Authority’s underwriting business with KOPN.

Unfinished Business:

Golf Fundraising – Tom Verdot is looking in to the ProFund Golf Marathon fundraiser further. According to ProFund, they provide the lay out and KOPN provides the labor. The target date would be sometime in April or May.

Board Elections – David has the solicitation letter ready to go out. Scott has two persons he feels may be of interest to run for the Board. Morgan Matsiga, Bruce Gordon, and Dan and Melinda Hemmelgarn will also be asked if they would like to run as Board nominees.

Other Business:

Building Committee – Randi Bishop confirmed that Mark Timberlake has agreed to attend the February Board meeting. At his request, Randi has agreed to remind him of the meeting.

*Randi will remind Mark Timberlake of the KOPN Board meeting on February 16, 2010.

A round table discussion was held on the importance of building capitol campaign funds for potential housing decisions in the next 6 years. Notes were made that Lowes and Home Depot are often generous in donating building supplies for community outreach. Potential buildings exist in the warehouse district of downtown Columbia, specifically those located at 1110 Park St, 210 St. James, and 300 St. James. Also discussed were the pros and cons of a CATTV/KOPN marriage into a common space.

Meeting adjourned: 8:15pm Next Meeting: February 16, 2010

Respectfully submitted to the Board by Meg Poché on January 18, 2010