This was the first official board meeting for the Integrative Therapy Institute (ITI). Until this meeting, most conversations were held between Jean O'Neil, Founder and 1 or 2 board members when they were available.

Because some of the board members live out of state, this meeting was held conference call. Introductions were made to board members who have not officially met.

The meeting officially started when everyone one was present on the conference call at 10:30 a.m.

Jean O'Neil forwarded her Power Point Presentation that included activities for the last 11 months at ITI and a treasury report from Scott Metivier. The treasury report comprises the current operating budget, current income from rents and from Jean O'Neil. The current operating budget for the center is maintained just under 20,000.00 This report also included a projected budget with 3 salaries, for a director, office manager and librarian.

 

Sarah Van Hoy mentioned that ITI should reimburse Jean for her funding of the equipment. Jean said that could be determined at a later date if necessary. Jean was thinking of it as a donation, but currently Jean still owns all of the equipment and furniture at ITI.

 

The board discussed how ITI began to evolve from a for profit to non-profit over the last 6 months. Jean said that with the economy and the demographics of the community could not support a preventive health center that was private pay only.

 

The board looked over the draft of thy by-laws and the revised mission statement from absent board member Anne Rutherford. [Anne was at a doctor's appointment that ran over and could not attend the meeting}.  Because of several unanswered questions with the by-laws the discussion was tabled until the next board meeting.

 

It was determined that Jean O'Neil is considered founder of this organization, and is the current acting director of ITI.

 

The meeting adjourned.

 

Next meeting to be held 12/16/2008 at 10 a.m. via conference call. The next meeting will be recorded through the onebox system to help with meeting minutes. 

 

Post Meeting notes: Anne Rutherford called in later and said that she will forward a draft of the bylaws by the next meeting. She will also have all of the board roles written out with descriptions for the new board members.