Mad River Glen Cooperative
Attendance: Matthew Milan, Matt Lillard, Eric Palola, Andrew Snow, Geordie Hall, Deb Steines, Leigh Michl, John Tobin, Brian Williams, Sharon Crawford
The meeting was brought to order at 8:00 AM by Matthew Milan, MRG Treasurer and Finance Committee Chair.
Approved May 2019 minutes
Agenda Comments: will change the ‘shareholder comments’ section of the meeting to ‘comments’ for future meetings. This will include agenda comments.
April Reports and Cash Flow Review:
Balance Sheet: Cash remains strong compared to 2018 due to pre season pass sales and a strong ski season.
April P&L: $20k better than budget due to the timing of some payments.
Year to Date P&L: nothing significant since prior month
Monitor and support the board and management regarding the financial integrity and sustainability of the cooperative.
To support management and the board in their fiduciary role of ensuring the financial integrity and the long-term economic viability of the Coop.
Review of Proposed 2019-2020 Finance Committee Membership for approval to BOT:
9:02 am – Meeting adjourned
Matthew Milan, Treasurer