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Grex > Coop11 > #141: Cyberspace Communications finances for November, 1999 |  |
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| Author |
Message |
aruba
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Cyberspace Communications finances for November, 1999
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Dec 1 04:51 UTC 1999 |
Here is the treasurer's report on Cyberspace Communications, Inc. finances
through November 30th, 1999.
Beginning Balance $5,453.06
Credits $444.00 Member contributions
$12.52 Miscellaneous donations
------------
$456.52
Debits $66.15 Pumpkin Rent for December
$54.34 Electricity for November
$175.00 Fee to start credit card account
$332.26 Phone Bill
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$627.75
Ending Balance $5,281.83
Our current balance breaks down as follows:
$5,089.97 General Fund
$131.86 Silly Hat Fund
$60.00 Spare Parts Fund
There was no activity in the Grex Store this month, so the balances remain at:
Cash Stock
--------- ---------
($46.60) $301.60
We had *six* new members in November (cwalker, hannah, spooked, flem, tod, and
sane) and one returning member (mooncat). We are currently at 95 members, 88
of whom are paid through at least December 15th. (The rest expired recently
and are in a grace period.)
Notes:
- November was down a bit, but that's typical.
Thanks to everyone who contributed in November:
atticus, bruin, coyote, cwalker, flem, hannah, jerome, jm1, kdkd, mooncat,
other, quail, robh, sane, satindra, spooked, and tod.
Thanks everyone!
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. I 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.
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| 21 responses total. |
don
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response 1 of 21:
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Dec 1 21:32 UTC 1999 |
It should be noted that if the credit card fee (what's that about anyway)
wasn't in there, we would've broke even this month.
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remmers
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response 2 of 21:
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Dec 1 21:50 UTC 1999 |
We're setting up the capability to accept membership payments and other
donations via credit card. The fee is a one-time expense relating to
that.
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lilmo
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response 3 of 21:
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Dec 2 21:44 UTC 1999 |
So, is it now set up?
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aruba
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response 4 of 21:
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Dec 3 00:50 UTC 1999 |
Not yet - we're waiting for the processing company to process the application.
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mooncat
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response 5 of 21:
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Dec 3 02:28 UTC 1999 |
Here's a question... Ig you're already a member, and you re-new by
money order, do you still have to submit id?
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spooked
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response 6 of 21:
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Dec 3 05:07 UTC 1999 |
Nope - why would you have to?
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n8nxf
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response 7 of 21:
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Dec 3 12:11 UTC 1999 |
I thought that credit card Co's get about 3% of every sale made via credit
card?
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mooncat
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response 8 of 21:
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Dec 3 12:31 UTC 1999 |
Dunno, was just asking.
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aruba
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response 9 of 21:
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Dec 3 18:35 UTC 1999 |
Re #7: That's about right, though in practice we are likely not to make their
minimum amount, so we will effectively pay a flat rate each month.
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jerome
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response 10 of 21:
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Dec 3 22:38 UTC 1999 |
So after this happens, which credit cards will grex be able to accept?
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mcnally
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response 11 of 21:
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Dec 3 23:05 UTC 1999 |
The big name cards wanted too much money to process their
transactions, so initially Grex will only be accepting
Wisa ("it's everywhere in Eastern Europe that you want to be!"),
MisterCard ("accepted at more than 10 businesses worldwide"),
Rwandan Express ("don't flee home without it"),
and "Discover".
(sorry, I don't actually have any idea which cards. Visa/MC?)
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spooked
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response 12 of 21:
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Dec 4 01:45 UTC 1999 |
That's okay Anne, I was just wondering if I was missing something. Tis cool
to ask.
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danr
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response 13 of 21:
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Dec 4 02:04 UTC 1999 |
re #11: <danr smiles.>
Actually, Discover offers merchants a worse deal than either Visa or
Mastercard. That's one reason I (as Quality Technical Books, http://qtb.co
m)
don't except it.
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senna
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response 14 of 21:
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Dec 4 09:18 UTC 1999 |
"Use wherever you see the Novus sign." Visa and Mastercard are high volume
cards, so they can afford to give good deals to everyone. This also allows
them to be pretty much ubiquitous, which means people are more likely to use
their cards, so it pays for businesses to carry them...
You get the idea. Amex and Discover are a bit rarer, and I suspect it has
something to do with them not being tied down to banks. I still get the
occasional person who asks if we take American Express.
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aruba
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response 15 of 21:
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Dec 4 14:42 UTC 1999 |
Yes, Visa & Mastercard are what we'll be able to accept.
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lilmo
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response 16 of 21:
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Dec 4 19:01 UTC 1999 |
Re #13: Actually, you DO except Discover: You accept the major bankcards,
but except AMEX & Discover. :-)
GrammarGuadian to the rescue - up, up, and away!!!
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danr
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response 17 of 21:
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Dec 4 19:21 UTC 1999 |
Oh, my...How could I, a writer and editor by trade, make such a mistake!
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jerome
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response 18 of 21:
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Dec 4 22:15 UTC 1999 |
Dernit -- I wanted to use my Discover(R) Card and get up to 60 cents back
from my grex membership.
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davel
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response 19 of 21:
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Dec 6 01:40 UTC 1999 |
heh.
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jerome
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response 20 of 21:
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Dec 6 04:05 UTC 1999 |
('course I'd donate that [up to] 60 cents to grex.)
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lilmo
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response 21 of 21:
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Dec 9 22:36 UTC 1999 |
Re #17: It's a very commone mistake. I find it in headlines all the time
(especially my local Univ student paper's headlines)
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