I hate to admit it but I am an AV guy, for a very long time. Passing around a wireless hand held mic (or even one with a wire if you can't afford W/L) is the only good solution. A cheap mic 4" from your mouth will sound better than an extremely expensive mic 4 feet away.
A fairly decent W/L mic from Shure is a bit less than a grand (a really good one is about $4000). You can get a W/L mic from a cheapo audio catalog for a few hundred bucks, but if you really can't afford a decent one, I'd suggest getting a decent wired mic - maybe a hundred bucks tops. It's not that big a deal to pass around a wired mic if you're at a conference table and if the room is big, get several and put them on stands so people can walk up to them and ask questions or whatever.
If the problem isn't big enough to warrant spending much of anything, just have the main presenter use a mic & repeat any questions.
By the way, if you don't like how much newer mics cost, tell the FCC to stop selling off the white space frequencies that W/L mics use.