Cyberspace Communications Finances for April 2000

May 10 03:54 UTC 2000

Here is the treasurer's report on Cyberspace Communications, Inc. finances
through April 30, 2000:

Beginning Balance     $5,672.88

Credits                 $522.00         Member contributions
                        $ 84.00         Auction proceeds
                        $ 59.91         TOP donations
                        $ 12.00         Silly Hat Fund
                        $  0.40         Miscellaneous donations
                   ------------
                        $678.31

Debits                   $66.15         Pumpkin Rent for May
                         $54.34         Electricity for April
                        $345.38         Phone Bill
                         $35.00         CardService monthly fee, March
                         $25.00         Discover one-time setup fee
                         $26.50         Charge Solutions monthly fee, March
                          $5.90         Reimbursement to scg for fees
                   ------------
                        $558.27

Ending Balance        $5,792.92

Our balance as of 4/30 breaks down as follows:

$5,533.15               General Fund
  $139.86               Silly Hat Fund
   $60.00               Spare Parts Fund
   $59.91               TOP sponsorship fund

There was no activity in the Grex Store this month, so the balances remain at:

                         Cash                                    Stock
                     ---------                                ---------
                      ($46.60)                                 $301.60

We had 9 new members (seeker, tpryan, vanloons, crhouck, patowc, gustorm,
ronnie, hhsrat, and yargo) and no returning members in April.  
We are currently at 105 members, 92 of whom are paid through at least 
May 15th.  (The rest expired recently and are in a grace period.)

Notes:

    - Credit card business is brisk; we took in 294.00 this month in credit 
      card transactions.  Of our 9 new members, 7 joined by credit card.  
    - The monthly fee from Charge Solutions is wrong, I believe.  They said
      they wouldn't charge us a monthly service fee, only per-transaction
      fees, but a $20 service fee showed up.  I'm working on getting that
      back. 
    - The one-time setup fee for Discover cards finally showed up.  They said,
      back in January, that a $25 fee would show up sometime in March.  It
      finally got here.  We're not currently accepting Discover cards, mainly
      for lack of turning on the appropriate service on the web page, which we
      haven't done because we're not sure it's a good idea. 
    - The reimbursement to scg was a transfer of funds, taken out of General 
      and put into TOP sponsorship.  I included as both a credit and a debit. 

Thanks to everyone who contributed in April:
yargo, hhsrat, swa, atticus, mwg, ronnie, gustorm,
patowc, crhouck, vanloons, wasf, satindra, bruin,
aruba, flem, tpryan, jmsaul, quail, coyote, seeker, and scg

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.

response 2 of 3:

May 11 03:06 UTC 2000

You're quite right.  The fees break down to a $25 Montly Service Fee and
transaction fees.  
  Our contract says that we do not owe any monthly service fee, and that we
owe $0.50 fee for each "transaction".  In the email I got for April's fees
(the 26.50 is for March's fees; I did not get any email about that), it
charges us for "Network Accesses", at $0.25 / access.  
  I sent email to the support address specified, but haven't seen anything
from them yet.  I'm going to call in the near future and see if I can't talk
to a human.