Cyberspace Communications, Inc. finances through 9/30/98

Oct 8 05:25 UTC 1998

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

Beginning Balance     $3,424.90

Credits                 $288.00         Member contributions
                        $196.00         Auction proceeds
                         $25.00         Miscellaneous donations
                   ------------
                        $509.00

Debits                   $60.00         Pumpkin Rent for October
                         $66.36         Electricity for September
                         $20.00         Innovative Concepts phone line
                        $391.48         Phone Bill
                          $4.31         Bank service charge
                   ------------
                        $542.15

Ending Balance        $3,391.75

Our current balance breaks down as follows:

$2,399.17               General Fund
  $816.00               Spare parts / 501(c)3 / Mail machine fund
  $104.86               Silly Hat Fund
   $65.00               UPS Fund
    $6.72               Sales tax collected

There was no activity in the Grex store, so the balances remain at:

                         Cash                                    Stock
                     ---------                                ---------
       Balances:     ($123.60)                                 $340.90

We had one new member in September (sagan).  We are currently at 100 members, 
91 of whom are paid through at least October 15th. (The others expired 
recently and are in a grace period.)

We spent about $33 more than we took in in September.  A couple of notes:
  - I haven't gotten around to calling Detroit Edison to try to get them to
    tell me what our electric bill really should be.  I suspect the $66.36 may
    go up a bit next month.
  - I went ahead and paid for the ICNET line this month, since we had already
    had it for almost a month when the board voted to drop it.  It should be
    gone next month.

Thanks to everyone who contributed in September:

ajax atticus, bigwalt, coyote, dang, falcon1, kdkd, n8rxs, omni, otter, 
phenix, quail, robh, sagan, scg, and tpryan.

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 by personal
check, we consider that a good enough ID.)  Type !support for more info.

response 2 of 9:

Oct 9 03:35 UTC 1998

If a potential member didn't want the enables-you-to-make-people-on-other-
systems-mad-at-Grex internet abilities or the someone-with-money-and-many-
pseudos-could-stuff-the-ballot-box vote, staff & board would probably be
happy to let a generous pseudo become a (limited) member.  

(Is that what you're referring to?)

response 4 of 9:

Oct 9 19:55 UTC 1998

Quite true, if someone asks not to be thanked publicly or to have their real
name mentioned in public, I always respect their wishes.  However, contrary
to Walter's suggestion, there is no provision for a "non-voting, non-internet
enabled member".  If someone wants to contribute but not be validated or have
internet and voting privileges, they are welcome to send Grex a donation of
any amount; we just don't call them a member.

response 6 of 9:

Oct 9 21:52 UTC 1998

Er, there's some discussion in an item around here somewhere about just that,
Richard.

response 8 of 9:

Oct 28 21:35 UTC 1998

Looks like our balance is high enough to be instead earning abut 5% in a money
market fund ($2500 to open it, $2000 to maintain it, but they will overlook
it if you go a bit below that).  See discussion elsewhere.