Grex Coop10 Conference

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Grex Coop10 Item 106: Cyberspace Communications, Inc. finances through 4/30/98 [linked]
Entered by aruba on Tue May 5 03:43:59 UTC 1998:

Here is the treasurer's report on Cyberspace Communications, Inc.
finances through April 30th, 1998.

First of all, there was an error on the March report.  I reported the amount 
in the general fund as $1,968.24, when in fact it was $2,072.19.  That's what 
I get for cutting and pasting. 

Beginning Balance     $2,303.71

Credits                 $522.00         Member contributions
                        $534.00         Spare Parts Fund
                         $10.00         Monitor sold to scott
                          $3.00         Silly Hat Fund
                          $1.00         Grex handbook bought
                   ------------
                      $1,070.00

Debits                   $60.00         Pumpkin Rent for May
                         $83.00         Electricity for April
                         $20.00         Innovative Concepts phone line
                        $417.09         Phone Bill
                         $26.60         Backup tapes
                          $7.00         Bank service charge
                   ------------
                        $613.69
                               
Ending Balance        $2,760.02

Our current balance breaks down as follows:

$1,991.50               General Fund
  $584.00               Spare parts / 501(c)3 / Mail machine fund
  $100.86               Silly Hat Fund
   $65.00               UPS Fund
   $15.24               Use Tax owed on $253.95 worth of mail-order purchases
    $3.42               Sales tax collected

There was no activity in the Grex store this month, so the balances remain at:
                      
                         Cash                                    Stock
                     ---------                                ---------
Balances:            ($216.60)                                 $384.10

We had five new and returning members in April (atticus, cb311, orange, shm0, 
and son1).  We are currently at 98 members, 97 of whom are paid through at 
least May 15th.  (The others expired recently and are in a grace period.) 

Well, we took in a lot of money in April.  I'm very happy about that, 
especially considering that April of '97 was a terrible month.  The general 
fund still lost a bit of money, but that's OK, we more than made up for it 
with contributions to the fundraiser. 

Thanks to everyone who contributed in April:

arthurp, aruba, atticus, bmoran, bruin, cb311, coyote, dang, eeyore, janc, 
jared, jerome, jerryb, kaplan, krj, mary, mta, orange, other, parnesen, quail, 
robh, scg, scott, shm0, son1, and tao.

Thanks!

Please consider becoming a supporting member of Grex - we'd really like to 
have more members to support our increased costs.

If you or your institution would like to become a member of Grex, all it takes
is $6/month (or $60/year).  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some form
of ID.  I can't add you to the rolls without ID.  (If you pay by personal
check, we consider that a good enough ID.)  Type !support for more info.

4 responses total.

#1 of 4 by richard on Wed May 6 18:12:32 1998:

wow, times change...grex has $2,760 in the bank right now and m-net
currently has $125 (or did at the end of April when last month's bills
were paid)  Maybe grex should get a "grex" mnet login and buy a
patronship on behalf of the organization.  Only a hundred buchs and
mnet could return the favor someday.  If its around someday that is.

#2 of 4 by aruba on Wed May 6 19:47:14 1998:

Hmmm.  That's a thought.

#3 of 4 by dpc on Sat May 9 02:03:19 1998:

Er, actually, richard, at the end of April with all bills paid M-Net
had ruffly $465 in the bank with all bills paid.  We had a relatively
strong last few days in April.   8-)

#4 of 4 by janc on Mon May 11 19:30:53 1998:

Cool. But I think if Grex's users want to make donations to M-Net, they should
do so directly.  We shouldn't do it for them.

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