Both our officers and the guild as a whole meet once a month. We have a program at every meeting except for our annual meeting. Every program I've attended has been with a guest speaker. We have both morning and evening meetings - 350+ members, and probably 200+ are active (I've never really counted to see how many are at the meetings).
I like that we do a lot of service projects and that the programs cover a wide variety of interests. Even if one month's program isn't something that is of particular interest to you, a future one probably will be - there's not a focus on any one specific area (i.e., all art quilts or all traditional quilts).
If I could change anything it would be that - as with many large groups - it would be more welcoming to new members. I think they try their best, but they don't really provide newbies with much information or a way to get involved. They're kind of on their own.