The Board of Director’s Meeting was held on Wednesday, November 15, 2023. On the final day of the month of October, our club had 217 Active Members. Attendance for October’s four meetings was 32% (down 8% from last month). The average attendance at each meeting was 70 members and 7 guests. Our Engagement Ratio for the month was 56% (down 3% from last month). This month’s membership saw six terminations: Christine Watson and Susan Shink due to business pressures; David Shotwell and Cyril White both moved; and Virginia Geren and Elizabeth Hines resigned due to disinterest.
The board also approved three new member nominations: Virginia Leone (Sponsor Carolyn Hiatt), Diana Tiroin (Sponsor Carolyn Hiatt), and Doug Ziesemer (Sponsors John White, Ingrid Sheldon, Susan Froelich). Welcome new members!!!
Our club’s financial highlights include Foundation total assets of $2,576,241.20. and Club operating cash balance of $80,663.
The general mailing for CSA Payments is expected to be ready for mailing before Thanksgiving (the target date is November 18th). Be on the lookout in your email inbox.
Norman Herbert led a discussion regarding the Ann Arbor Rotary Foundation, June 30, 2023, Financial Statements. Our Independent Accountant, WSR, has reviewed the financial statements and has stated that they are not aware of any material modifications that should be made. The board approved the Club of Ann Arbor and the Ann Arbor Rotary Foundation, June 30, 2023, Financial Statements.
Our Hybrid meetings will continue for the foreseeable future. One week into our fundraising effort resulted in $1,875 raised, so clearly people are willing to pay for this. Most feedback has been positive, and the club understands that we might lose members if we don’t offer this valuable option. There are 29 more meetings under President Mark’s leadership. We feel we are very close to covering the expense of these meetings through our cost-saving measures, as well as these donations. Many thanks to everyone who has contributed already!
Shari Faulhaber attended the Large Club Conference held in Baton Rouge in late October and learned that the Rotary Club of Ann Arbor ranks 61st in the world in membership numbers. (We were one member behind the Muskegon, Michigan club). She also learned our annual dues are low compared to other large clubs that were in attendance (53 clubs were represented at the conference). Most of the large clubs are also active on Zoom or streaming platforms for their regular meetings. Member recruitment continues to be a key focus for all clubs.
In other executive administrator news, Shari also gave her 60-day notice to the board. A search committee is being formed to find her replacement. If you are aware of possible candidates for this position, please let President Mark know. More information will be shared soon.