aruba
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Cyberspace Communications finances for September 2004
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Oct 3 23:07 UTC 2004 |
Here is the treasurer's report on Cyberspace Communications, Inc. finances
through September 30th, 2004.
Beginning Balance $3,357.74
Credits $300.00 Member contributions
$1.30 Interest on our savings account
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$301.30
Debits $84.43 Pumpkin Rent for October
$61.02 Electricity for September
$91.58 Phone Bill
$135.00 DSL September 15 through October 15
$5.00 Change of address fee (see below)
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$377.03
Ending Balance $3,282.01
Our current balance breaks down as follows:
$3,025.47 General Fund
$173.99 Silly Hat Fund
$60.00 Spare Parts Fund
$22.55 Infrastructure Fund
The money is distributed like this:
$398.27 Checking account
$2,883.74 Savings account earning 0.55% interest annually
We had no new members in September. We are currently at 71 members, 68
of whom are paid through at least October 15th. (The others expired
recently and are in a grace period.)
Notes:
- Every Michigan corporation has to have a registered agent with an
address in Michigan. The address isn't allowed to be a P.O. Box.
Since 1996 I have been the registered agent for Cyberspace
Communications. I moved last summer, so we had to submit a form with
the state telling them my new address. The filing fee is $5.
- For some reason, we only received one Paypal payment this month, and
it was $2 for a handbook. $1.64 (which is what's left after Paypal
took their cut) is below the minimum withdrawal amount for our account
($10), so I left the money with Paypal, and it will go on next month's
report.
- For the last two years, September has been the end of the long spell
of red ink for Grex. That is, we lost money April through September,
but rebounded in October. So far 2004 looks the same; let's hope we
get the same bounce next month.
Thanks to everyone who contributed in September:
aruba, charcat, dpc, gelinas, jying, krj, robh, and scott.
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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richard
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response 1 of 81:
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Oct 5 08:07 UTC 2004 |
Here's some interesting stats. I checked the finance reports for
September of each of the last four years--
Month-ending balance
September 2001-- $5,943.92
September 2002-- 5,093.51
September 2003-- 3,804.31
September 2004-- 3,282.01
Thats an average decline of $887 a year the last four years.
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richard
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response 2 of 81:
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Oct 5 08:22 UTC 2004 |
Further checking
Ending balances
September 1996-- $4,186.47
September 1997-- $3,468.05
September 1998 $3,391.75
September 1999- $5,196.01
September 2000-- $5,067.85
I can't find a September month end for 1995, but absent that, the last
time Grex had less money than it does now at the end of a September was
ten years ago, September 1994, when the ending balance was $2,681.89
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richard
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response 3 of 81:
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Oct 5 08:28 UTC 2004 |
Its also an eye opener to look at the treasurer's reports for 1994 and realize
that at the time, Grex was only paying $25 a month for rent at the dungeon
and $20 for the phone line charge. Expenses have more than tripled, while
the month end balance ($2,681.89) for September ten years ago is only six
hundred less than it was this past month.
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