BOD Meeting 4/7/18 - Overview

[ecam]

New Jersey Reefers Club, Inc.

Board of Directors Meeting Minutes

April 7, 2018


Board of Directors

President Edwin Cambero - Present

Vice President Marcus Gotay - Present

Secretary James King - Absent

Treasurer Julie Rusch - Present

Director North Christopher Rusch - Present

Director Central Mark Corbin - Absent

Director South Jeff – Absent


Meeting was called to order at 5:30pm.


OLD BUSINESS:


· Marketing strategies

1. Pamphlets

2. Raffle drawings

3. Merchandise

4. Group purchases

· Purchase of pamphlets approved by 4 of the 7 board members present.

· Purchase of 2 separate raffle items approved by 4 of the 7 board members present.

o Items TBD

· Discussed purchase of frag cooler bags.

o Chris to get pricing and present at the next board meeting on Friday 4-13-18.

o Initiation of group purchases for monthly meetings was approved by 4 of the 7 board members present.


Finances:


o Julie Rusch presented the Club’s financial statements from 2017. Also presented an analysis of the Club membership for 2016 versus 2017.


NEW BUSINESS:


· Social Media presence

o Social Media committee formed Chris Rusch selected as Chairperson for the social media committee.

o Chris Rusch to take over social media platforms (instagram, facebook, and twitter) from Marcus. Also will be the




· Doing Business As (DBA)

o Discussion to add a DBA for the Club.

o A Club member started a forum on the site to have our club name changed from New Jersey Reefers Club to New Jersey Reef Club. Edwin to obtain information on cost to acquire DBA certificate.

o Approved 4 out of 7 board members present voted to pursue DBA


· Continuity of the Club

o Discussed changing banks for technology and accessibility reasons.

§ Julie to obtain various information on possible new banking opportunities.

§ Approved 4 out of 7 board members present voted to change banks.


· Insurance (General Liability & D&O)

o Marcus and Julie to obtain quotes for D&O (director & officer) and liability insurance for the club.

o These quotes are to be presented at the 4-13-18 board meeting.


No further business was discussed and meeting was adjoured at 8:30pm.

 

[Sunny]

Nice write up. I do not believe I have seen something like this before.

 

[jmags080307]

Nice job everyone!

Sent from my SM-G930V using Tapatalk

 

[Jeremy Brito]

I like it but in the matter of transparency can we get the minutes also I know this was a board meeting not a full membership meeting,so things were done differently then normal but since this is the start of a new re org can we get the account balance plus an idea of the monthly club dues and income these are things that members should be allowed to see and it helps keep us honest. (This should only be shared with paid membership and not public)

 

[Sunny]

I like it but in the matter of transparency can we get the minutes also I know this was a board meeting not a full membership meeting,so things were done differently then normal but since this is the start of a new re org can we get the account balance plus an idea of the monthly club dues and income these are things that members should be allowed to see and it helps keep us honest. (This should only be shared with paid membership and not public)

No. I do not think so. Certain things should remain with the BOD and BOD only. That is the reason we have them and they are volunteering their time for it.

 

[Jeremy Brito]

No. I do not think so. Certain things should remain with the BOD and BOD only. That is the reason we have them and they are volunteering their time for it.

I beg to differ my money is invested in this club the same as yours the same as there's... As a member I have a right to know what s in,the account and where its being spent how its being spent and,what on.
Anyone that feels Diffrent either wants to hide something or wants to remain blind ... I have been apart of multiple clubs every single one of them tells the budget and account balance every meeting the members hear it and make a motion to accept it or if they feel something is a mistake they request an audit. Hidden money means a lot of problems the next board member to be elected could inherit an embezlment case and guess what when it comes to the federal government going down the list ignorance is not exemption of the law.
To be quite frank we are talking about transparency hear and we are non for profit guess what are accounts are public record so there is absolutely no reason I or anyone else who asks shouldn't be alloud to know what are account status is how do I know the treasure isn't skimming,cash or the president is signing checks to himself... These are all reasons the finances are discussed at meetings

For the record I do not believe the president or the treasure are doing anything shady

 

[Jeremy Brito]

I apologies if my remark about,anyone feeling different means they want to hide something but that is how serious this is.. Especially because we are not for profit TRANSparency is everything
I will not be apart of a club that wishes to keep its members in the dark nor will I ever run for a position with out knowing everything the club has done the year prior to make sure I am not signing a paper that says I am the New CEO of a ponsey scam again I am not saying that's going on I am just making it very clear this is serious an not just some guy blowing smoke I am sorry if this offends anyone that was not my intent.

Now to be a little factual if I was to be denied I could file a form 990 to the IRS and get a copy of the clubs financial records and I wouldnt even have to be apart of the club in any shape or form anyone can do this and I know this because one of my other non for profits got audited by a member that felt club money was being miss managed or not reported to the membership.. Guess what the guy was right

 

[erics210]

I apologies if my remark about,anyone feeling different means they want to hide something but that is how serious this is.. Especially because we are not for profit TRANSparency is everything
I will not be apart of a club that wishes to keep its members in the dark nor will I ever run for a position with out knowing everything the club has done the year prior to make sure I am not signing a paper that says I am the New CEO of a ponsey scam again I am not saying that's going on I am just making it very clear this is serious an not just some guy blowing smoke I am sorry if this offends anyone that was not my intent.

Now to be a little factual if I was to be denied I could file a form 990 to the IRS and get a copy of the clubs financial records and I wouldnt even have to be apart of the club in any shape or form anyone can do this and I know this because one of my other non for profits got audited by a member that felt club money was being miss managed or not reported to the membership.. Guess what the guy was right

Was that "guy" you Jeremy?

 

[Jeremy Brito]

Was that "guy" you Jeremy?

Lol no unfortunately I sat on the investigation board that was created after the suspicion was brought to the club. It wasn't fun nor was it easy