FY15 Business Plan Approval Highlights Amigos March Board Meeting

At its March 6 meeting in Dallas, the Amigos Board of Directors formally approved the FY2015 Business Plan, which includes allocations from the Amigos reserve fund to support additional member benefits and the e-book distribution platform development project currently underway.

In his report to the Board, Chair Oliver Delaney, Oklahoma City, announced appointments to the Nominating Committee, which selects candidates to run for the Amigos Board, and that Amigos Director Polly McCord, San Antonio, had agreed to serve as Chair of the Amigos Officer Nomination Task Force. Two additional Directors will be added to the task force that is charged with developing a slate of Board officers for FY2015. Amigos Secretary and Nominating Committee Chair Jennifer Goodson, Fort Smith, AR, reported the slate of candidates that will stand for election in May.

In her report to the Board, Amigos Treasurer Polly McCord reported that January operations performance was below the business plan, due primarily to the timing of revenue received from the Amigos Member Discount Program. McCord also reported the Amigos investment portfolio performance for January included unrealized losses. Even so, McCord noted that for the year operational performance showed a positive variance to the business plan.

Amigos President and Chief Executive Officer Bonnie Juergens provided various reports to update the Board on the operations of the organization. As part of that report, Chief Communications and Membership Development Officer Tracy Byerly reported on the activities planned for the Amigos Member Conference in May and on the recent calling campaign to at-risk members in Missouri, Kansas, and Illinois. Amigos Chief Financial Officer Charles Cason reported on the upcoming move of the St. Louis office to a new location. Amigos Chief Member Services Officer Laura Kimberly reported on the upcoming link between the Trans-Amigos Express courier service and Missouri-based MOBIUS courier service.

In other business, Directors approved the addition of two paid staff holidays for 2015: Martin Luther King Day and Presidents Day. Juergens expressed appreciation to the Board on behalf of all Amigos staff members.

The next scheduled Board of Directors meeting is May 13, 2014. The meeting will be held online in conjunction with the May 14-15 Amigos Member Conference. The Board’s Executive Committee will participate in the online meeting from Dallas.