Grex Oldcoop Conference

Item 333: Cyberspace Communications finances for May 2006

Entered by aruba on Tue Jun 6 02:34:53 2006:

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through May 31st, 2006.

Beginning Balance     $4,689.24

Credits                  $42.00         Member contributions
                          $1.25         Interest on our savings account
                   ------------
                         $43.25

Debits                  $100.00         Provide Net colocation (thru 6/22/06)
                         $48.40         Phone Bill
                          $1.81         Paypal fees (income = $42)
                   ------------
                        $150.21

Ending Balance        $4,582.28

Our current balance breaks down as follows:

$4,405.91               General Fund
  $176.37               Silly Hat Fund

The money is distributed like this:

$2,675.17   Checking account
$1,907.11   Savings account earning 0.65%(?) interest annually

We had no new members in May.  We are currently at 58 members, 40 of whom 
are paid through at least June 15th.  (The others expired recently and are 
in a grace period.)

Notes:

- You can put the lack of income this month down to neglect on the part of 
your treasurer.  I didn't send out enough reminders.  Will do better next 
month.

- The interest on our savings account seems slightly higher than usual 
this month, so I suspect our interest rate increased.  Will let you know 
more when I get a statement in two months.

Thanks to everyone who contributed in May:

jadecat and stefburn.

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.
3 responses total.
#1 of 3 by naftee on Tue Jun 6 05:29:56 2006:

are we going to invest in buying silver bullion ?

#2 of 3 by aruba on Thu Jun 8 04:58:17 2006:

No.

#3 of 3 by naftee on Sat Jun 10 20:39:43 2006:

darn.  i think we'd make a killing.

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