September Board Meeting 9/24/24

Present: Patrick Hughes, Markie Troutman, Kristi Harris, Rose Schoch, Heather Haefner

Absent: Lisa Bansa, Vincent Ford, Ayaz Khan, Kathy Taylor, Emily Fitgerald

 

Quick recap

The team discussed the financial situation of the company, and potential loans from the Chamber of Commerce and the Honesdale National Bank. They also discussed pending legal costs. The team also discussed various projects, including in-house training, grants, and ongoing technology grants, as well as the potential closure of a program to save the company and the financial implications of such a change.

 

Next steps

  • Kristi to proceed with closing the ASE program and transitioning staff.
  • Heather to keep the board updated on critical financial situations, especially regarding insurance and taxes.