Regular Member Meeting 2012 07 10

Time and Location

July 10, 2012

Meeting called to order at ____ by:

Members Present:

Others Present:

Quorum met?

Approval of Previous Meeting's Minutes

Regular Member Meeting 2012 06 12

Director Reports

Treasurer's Report

Here is the financial summary spreadsheet for June 2012: File:HacDC Financials 2012 06.pdf Debits from our rent checks have finally hit so our balance is back to normal. We have four months' expenses in reserve not counting the money earmarked for special projects.

Maybe it is the heat, but we had five non-paying members in June and also lost two members (Scott Robbins and Daniel Ternes), while adding no members. There are three other members who are dropping (or will be dropped due to non-payment) in July so net income will be reduced going forward until we pick up some new members. Our expenses are running $2750/mo which is 55 members, not counting the generous additional donations we continue to receive from some members.

Adjournment

Adjourned at: