Grex Coop Conference

Item 13: Cyberspace Communications finances for February 2007

Entered by aruba on Fri Mar 2 02:40:25 2007:

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through February 28th, 2007.

Beginning Balance     $6,389.66

Credits                 $186.00         Member contributions
                          $1.10         Interest on our savings account
                   ------------
                        $187.10

Debits                  $100.00         Provide Net colocation (thru 3/22/07)
                         $49.06         Phone Bill
                          $4.61         Paypal fees (income = $126)
                   ------------
                        $153.67

Ending Balance        $6,423.09

Our current balance breaks down as follows:

$6,246.72               General Fund
  $176.37               Silly Hat Fund

The money is distributed like this:

$4,505.24   Checking account
$1,917.85   Savings account earning 0.75% interest annually

We had no new members in February. We are currently at 57 members, 43 of 
whom are paid through at least March 15th.  (The others expired recently 
and are in a grace period.)

Notes:

- We had a letter from the IRS asking if we had forgotten to file form 990.  
I wrote back and explained that we do not need to file form 990, because 
our income is below the $25,000/year cutoff.

- Anyone who would like a paper receipt for their 2006 donations, for tax 
purposes, let me know.

- Your treasurer was distracted this month, which is why there are so many 
non-paid-up members.

Thanks to everyone who contributed in February:

polygon, slynne, firewizz, and wlevak.

If you or your institution would like to become a member of Grex, it 
only costs $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.  We can't add you to the rolls without ID.  (If you pay 
with a personal check that has your name pre-printed on it, we 
consider that a good enough ID.)  Type !support or see 
http://www.cyberspace.org/member.html for more info.
2 responses total.

#1 of 2 by mary on Fri Mar 2 03:52:45 2007:

I can't imagine why you were "distracted".  Geez, let's get with the 
program, okay? ;-)


#2 of 2 by ric on Sat May 5 04:00:29 2007:

Grex is loaded these days.  I thought m-net was rich cuz we have like $800


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