Cyberspace Communications finances for February 2002

Mar 1 21:22 UTC 2002

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through February 28th, 2002.

Beginning Balance     $5,900.19

Credits                 $444.00         Member contributions
                          44.00         Miscellaneous donations
                           1.00         Sales of Grex handbooks
                          $4.06         Interest
                   ------------
                        $493.06

Debits                   $72.93         Pumpkin Rent for March
                         $45.97         Electricity for February
                        $175.02         Phone Bill
                        $135.00         DSL February 15 through March 15
                          $4.88         Paypal fees (income = $127.00)
                   ------------
                        $433.80

Ending Balance        $5,959.45

Our current balance breaks down as follows:

$4,726.59               General Fund
  $148.86               Silly Hat Fund
   $60.00               Spare Parts Fund
$1,024.00               Infrastructure Fund

The money is distributed like this:

$1,653.14   Checking account
  $500.00   8-month 3.00% CD which comes due 5/28/2002
$3,806.31   Savings account earning 1.25% interest annually

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

                         Cash                                    Stock
                     ---------                                ---------
                      $149.40                                  $162.10

We had two people who wanted to become members, but they didn't come 
through with ID. So we had no actual new members in February.  We are 
currently at 92 members, 87 of whom are paid through at least March 15th.  
(The others expired recently and are in a grace period.)

Notes:

- The board voted to increase the price of a handbook from $1 to $2, to
better cover costs.

- Right after we opened our savings account, apparently, the interest
rate dropped from 1.74% to 1.25%. :(

Thanks to everyone who contributed in February:

aj3l1t3, bruin, call911, chanur, danr, i, kami, mbroggy, mdw, mudlark, 
polygon, raheim, sontek, and tomaso.

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 5:

Mar 4 15:34 UTC 2002

To become a member, you need to provide me with some ID.

There are two reasons Grex requires ID from its members:

1. While we are very comfortable allowing anonymous users access to Grex,
we are not comfortable unleashing them on the rest of the Internet.  It
would be irresponsible of the Grex administration to allow people we can't
identify to telnet through Grex to other systems, so we require ID from
everyone we allow to do that. 

2. Cyberspace Communications is required by the state of Michigan to
maintain an up-to-date list of members.  Implied in this requirement is
that we make sure no two memberships are held by the same person.  So we
require ID to connect accounts with real people and make sure no one has
the ability to vote twice in Grex elections. 

So yes you can send cash, as long as you include a photocopy of some form
of ID.

Of course, if you want to send a donation, but not become a member, you
are welcome to send cash without ID.  We'll accept it happily.

response 4 of 5:

Mar 6 01:11 UTC 2002

You still need to provide ID.