Annual Meeting 2011

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

Purpose

From the HacDC Bylaws, Article III, Section 2:

At the annual meeting, the voting members shall elect the Board of Directors, review and vote on the standing rules and policies of the corporation, receive reports on the activities of the corporation, approve the budget and determine the direction of corporation in the coming year.

Time and Location

Meeting called to order at 2008 EST by Brian Harrington

Members Present:

Brian Harrington Toast Xaq R. Bradford Barr John Katie B. William Gibb Todd Fine Peter Edworthy Ben the Pirate Chris K. Phillip Stewart Tim Collins Jamie Martin Rueben Elliot Williams

Others:

Quorum Yes

Officer Reports

Treasurer's Report

ASSETS

Current Assets

Bank Accounts

BBT Checking 2,726.07

Total Bank Accounts $2,726.07

Other Current Assets

Paypal 3,733.28

Undeposited Funds 0.00

Total Other Current Assets $3,733.28

Total Current Assets $6,459.35

Other Assets

Rent Security Deposits 850.00

Total Other Assets $850.00

TOTAL ASSETS $7,309.35

LIABILITIES AND EQUITY

Liabilities

Total Liabilities

Equity

Opening Balance Equity (April 2010, Beginning of Quickbooks) 9,023.84

Retained Earnings -1,304.64

Net Income -409.85

Total Equity $7,309.35

TOTAL LIABILITIES AND EQUITY $7,309.35

BUDGET:

2526.00 RENT

$68.58 ST. FARM INSURANCE

$37.45 LINODE

$10.55 QUICKBOOKS

$2642.58

-~2000

=642.58 STRUCTURAL DEFICIT

New Business

• Remote meetings/telemeetings via GoToMeeting via TechSoup. $95/year for up to 1000 attendees. Voting allowed, but not secret ballot (if you want it secret, show up). Would also allow for remote attendees of classes.

Adjournment

Meeting adjourned at ___