A more thorough explanation:

An organizational meeting is a gathering of people who have a common interest in establishing a permanent or ongoing organization. This meeting is usually held after a mass meeting and an interval when the organization operates under provisional officers while its governing documents are drafted. The purpose of the organizational meeting is to adopt governing documents and elect officers.

• A group of people interested in starting a new club at their school hold an organizational meeting to establish the club's purpose, elect officers, and adopt bylaws.
• After a company is incorporated, the initial directors hold an organizational meeting to adopt bylaws, elect officers, and conduct other routine organizational business.
• After a legislative body or a convention's members are elected or re-elected for a new term, they hold an organizational meeting to elect officers, adopt rules, and otherwise organize for the new session.

These examples illustrate how an organizational meeting is used to establish a permanent or ongoing organization and conduct routine organizational business.