response 1 of 49:

Dec 28 06:29 UTC 1994

Wow.  What obligations do we have other than the monthly debits?
(I mean like the expenses the board has authorized, like equipment
purchases, reimbursements, etc.).

response 3 of 49:

Dec 28 07:44 UTC 1994

More expensive than I thought. Keep up the good work. I'll try to help
out financially when I can.

response 5 of 49:

Dec 28 17:43 UTC 1994

Where are you moving too?

response 7 of 49:

Dec 29 00:45 UTC 1994

Here are some interesting financial factoids:

We started the year with $1,382.28 in our account. We are going to end the
year with $4,246.60, an increase of $2,864.32.

Total income for the year was $9,808.27.

    Income from membership dues was $5,664 ($472/month). The highest
    month was June when we collected $1,086; the lowest was January with
    only $210.
    
    Income from the disk drive fundraiser was $1,433.57.
    
    Income from JCC sales was $1,916.57.

Total expenses were $6,943.95.

    We spent $2,975.45 on hardware for the system.
    
    We spent $778.21 for mugs and t-shirts.  We collected about the same
    amount (it's hard to tell exactly because some of the t-shirt money
    got mixed in with the proceeds from the last JCC sale).  We still have
    a small inventory of mugs and t-shirts, and whatever we collect from
    that will be all profit.
    

Let the analysis begin. :-)

response 9 of 49:

Dec 29 04:01 UTC 1994

We are moving from a Warehouse where a benevolent owner has been letting
us run the system into a basement which we are renting (cheaply).
The basement is on the west side of Ann Arbor, and is affectionately 
called "The Dungeon".

We will have much better climate control, and access to the system
in the new location. Access is the most important consideration.
It will cost us installation charges for phone lines, and there will
be other costs I'm not aware of. I think the phone installatoin is $400,
(for 10 lines).

response 11 of 49:

Dec 29 04:54 UTC 1994

Can we make an account for the move with the projected cost estimate listed
along with the account?  Can we do the same for hardware too so we can get
a better idea of how much money we really have? Then on the same sheet we
should note which items are already board approved and which are being
considered.  Then print it where we can see it and discuss it.

response 13 of 49:

Dec 29 14:45 UTC 1994

The biggest expense for the move will indeed be the $420 installation
charges for the phone lines.  I expect another $100 or so in miscellan-
eous expenses.

Getting back to the financial factoids, though, I'd like to point out
that membership dues are only 58% of our total income. I think what 
this means is that, barring a major increase in membership, we will
continue to rely on fund-raising, i.e. JCC sales or disk-drive fund-
raisers, to raise money for hardware expansion.

response 15 of 49:

Dec 30 03:09 UTC 1994

Did we make enough money to have to pay taxes this year?  If so, we'd
better get that organized.

     Just trying to think ahead,
     Chris

response 17 of 49:

Jan 11 17:09 UTC 1995

well, as soon as i get my act together, i'll send you money for dues...
just to remind me...where do i send them to?

response 19 of 49:

Jan 28 19:36 UTC 1995

danr, if you haven't already done so, when you go to the IRS, maybe see what
would have to be done to file for 501c3 ??

response 21 of 49:

Jan 28 21:47 UTC 1995

Yes, I have the current (revised) forms, and a record of an informal "cut"
through the questions. I haven't filled them out yet. One reason is, its a
pain. Another reason is that it has not been entirely clear that "Grex"
really wants to be a true charitable, non-profit, corporation. I think it
*should* be, but there has been discussion of it becoming a "cooperative"
(which I oppose). So, is the question settled now? 

response 23 of 49:

Jan 29 00:58 UTC 1995

(If only we could be a charitable, non-profit, co-operative!)