2015-07-07
From Splatspace
Contents |
July 7th, 2015
Agenda
- Approve draft minutes of the last meeting
- Consent Agenda
- Officer Reports
- New Business
- Old Business
- Member Reports
- Adjournment
Minutes
Initialization
Member Attendance
Consent Agenda
Officer Reports
President
Vice-President
Treasurer
- Account balances:
- BB&T balance as of 07/07: $4451.60 available
- WePay balance as of 07/07: $50
- Square Balance as of 07/07: $0
- Total balance as of 07/07: $4501.60
- This month's income:
- WePay - $563.13
- Square - $151.40
- BB&T Deposits - $543
- Total: $1257.53
- This month's expenses:
- UDI Rent - $1560.85
- Linode - $20
- Total: $1580.85
- Income - expenses = $-323.32
We did not add to the Maintenance and tool funds because we were net negative.
We added a member in July, but only 21/34 members have paid dues.
Also, we are below our 3 month rent buffer of $4682.55.
I am working on getting subscription payment service set back up on Wepay and getting up a Square Cash account. Square Cash has a very low transaction fee (1.9%). For people who like to pay with Square, I can also now invoice them monthly.
If you ask-Transaction fees: Wepay: 2.9% + .30 Square: 2.75% for swipe or invoice, 3.5% + .15 for manual entry Square Cash: 1.9% (people have to use Square Cash app)