Regular Member Meeting 2011 04 12: Difference between revisions

Revision as of 23:47, 12 April 2011

Note: This page serves as the 2011-04-12 Member Meeting's agenda (before the meeting) and minutes (after the meeting).

Time and Location

April 12, 2011

Meeting called to order at _7:45_ by Elliot_.

Members Present: Elliot, Jamie, TC, William, Tommy, Ruben, Toast, Chris, Brad, Ben the Pyrate

Others Present: Shahar, Elizabeth

Quorum met? Yes

Approval of Previous Meeting's Minutes

Regular Member Meeting 2011 03 08

Director Reports

President's Report

Absent.

Vice President's Report

Spaceblimp4, GGHC, Open House, AVR Class, The Elements of Computing Systems, Bike Shop, Red Bull

Money.

Treasurer's Report

Membership:

  41 members payed via PalPal

Income:

  Paypal 41 members: $1977.75
  Paypal 2 Friends:         $25.36
  Paypal Donation:           $9.41                         
 ===========================
  Total         $2012.52

One time $900 donation earmarked for a specific project and therefore not counted as income.

Note: $250 in one-time donations collected in March have been deposited and will post to the April accounting cycle



Expenses:

DATE   Description            AMOUNT($)
03/17  Rent / Check #1006     2,526.00
03/02  LINODE.COM hosting        37.45
03/16  State Farm                68.58
03/29  Quickbooks                10.55
========================================
                              $2642.58


Surplus / Loss:
 
  Loss of $630 for March

Financial status:

  As of April 8th (end of rent cycle), HacDC had approximately $3800 in cash reserves.

  Given our current burn rate, we have 1-2 months before we do not have cash reserves required to move to a cheaper lease assuming $500 monthly deficit:
       -- Cash on-hand required to move: expenses of $3000 [1 month overlap of rent: $2000, moving expenses: $500, exiting monthly loss: $500)

Secretary's Report

TECS, Byzantium

Director-at-Large Reports

Will G

Open House

Brad B

Yuri's Night GGHC

Member Reports

Old Business

New Business

Possible Benefit at Haydee's
- Dates: April 26th, 27th, or 28th (Tues, Wed, Thurs)
- 25%-30% of sales depending on how many people we bring
- Located on Mt. Pleasant St., (close to Metro, local business, etc.)
- Delicious (and reasonably priced) food and beer!
- http://haydees.us/

New Members

Shahar

Space Discussion

What are we going to do?

Adjournment

Adjourned at ____