November 2021

Board of Directors Meeting Minutes ACBL Unit 503
Monday, Mon Nov. 8, 2021 4 p.m. via zoom

Directors Present
Geraldine MacDonald, Marc Cervellino, Charlene Friedman, John Schwartz, Dan Thatte, Stephanie Youngquist, Eli Wismer, David Merenbach

Others Present During All or Portions of the Meeting

Lisa Koh, Alan Templeton, Paul Davis, Kathy Wheeler

Call to Order

Gerry, President of the Board, served as Chair of the meeting. Gerry called the meeting to order at 4:02 pm and announced that a quorum of the Board members was present and that the meeting, having been duly convened, was ready to proceed with business. Gerry confirmed that all participants could hear one another.

Approval of Meeting Minutes

Gerry announced that the minutes of the Oct. 11, 2021 meeting were approved via email.

Financial Update

Marc presented a review of our financials to-date. We continue to project losses for the last 3 months of the year.  PBEF funded $3800 in October to cover our shortfall for the month. The Unit realized only $900 in tables fee revenue in Oct. We continue to project losses through the end of 2021. 

A motion was made to authorize an increase in our directors and officers insurance to $2,000,000 with the proviso that the increase in cost for the policy will not cause our annual insurance bill to go above $1999. Motion was moved, seconded and passed.

A motion we made to renew our annual Pianola bill for $600. Moved, seconded and passed.

Marc has formed a budget committee to draft the 2022 operating budget. The outgoing board will vote on this budget at the Dec. 2021 meeting.

The Nominating committee prepared a ballot and envelopes for secret ballots in the bridge center during the first two weeks of November.

The Holiday Party will be December 18th. It will an online event. Stephanie and Kathy will provide additional details, costs etc.

The NLM is progressing for Feb. Watch for posters, flyers, etc. 

Marc has coordinated with District 21 for additional Open Sectional slated for November 2022

Celebrity Lecture Series Kathy Wheeler is researching speakers for future celebrity lectures in 2022. She will propose a specific set of speakers and prices at the Dec. meeting board meeting.

The next meeting is Tuesday Dec. 7 at 4 p.m. This is a joint meeting of the old and the new board. A motion was made, seconded and passed to adjourn. The meeting was adjourned at 5:32 pm.