FinancialPolicy - Revision history

AlSweigart at 22:42, 7 February 2011

2011-02-07T22:42:26Z

← Older revision		Revision as of 15:42, 7 February 2011
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			{{Template:OutOfDate}}

	==NoiseBridge Finance Policy - Currently in Draft for Discussion form==		==NoiseBridge Finance Policy - Currently in Draft for Discussion form==

SpammerHellDontDelete: /* Member Dues */

2008-12-17T23:06:01Z

Member Dues

← Older revision		Revision as of 16:06, 17 December 2008
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	===Member Dues===		===Member Dues===

	~~Pay what you {can,want,may~~,~~are able} is~~ the ~~rule of the day~~. If you~~'re making $100~~,~~000 a year, please consider that~~ it~~'s lame to pay the absolute minimum of ~~~$~~60-75~~. ~~If you~~'~~re a starving and broke member, please do not stress about paying insane amounts of money. Money is not the most important thing to our group but we will of course require it to survive. It doesn~~'~~t really matter what method (egold, paypal, google checkout, cash, sack of quarters, credit card, etc - ) you use~~ to pay your ~~membership fees~~. ~~However, please be mindful of fees or major time sinks! If you pay via paypal, we~~'~~ll lose some percentage of the incoming funds. If you bring in a sack of quarters, we~~'~~re going to be up all night counting.~~ If you're planning to be a member for a year, consider a simple check or cash payment in one lump sum.		We have two official Membership rates, both with the same privilages and responsibilities. The rate you choose is up to you, and you can change it at any time.

			The Regular Membership Dues are $80 per month. The Starving Hacker Membership Dues are $40 per month.

			'''[[Donate or Pay Dues\| Click here for info on how to pay your Membership Dues]].'''
			<br>
			<br>

			If you're planning to be a member for a year, consider a simple check or cash payment in one lump sum.

	===Physical Supplies===		===Physical Supplies===

SpammerHellDontDelete: /* Bank Account Access */

2008-10-01T09:33:05Z

Bank Account Access

← Older revision		Revision as of 02:33, 1 October 2008
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	===Bank Account Access===		===Bank Account Access===

	Noisebridge corporate account will probably have debit cards or checks. The board should allocate some petty cash for having in the space and will otherwise sign checks as stipulated by the membership. Anyone that's signing checks ~~should~~ will also report financial status updates in an open manner.		Noisebridge corporate account will probably have debit cards or checks. The board should allocate some petty cash for having in the space and will otherwise sign checks as stipulated by the membership. Anyone that's signing checks will also report financial status updates in an open manner.

	The finances will be published, hopefully in real time. Transparency is key. We want to avoid major issues with		The finances will be published, hopefully in real time. Transparency is key. We want to avoid major issues with

SpammerHellDontDelete: /* Minimum Reserve */

2008-10-01T09:32:34Z

Minimum Reserve

← Older revision		Revision as of 02:32, 1 October 2008
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	NoiseBridge should fund raise if our bank account balance falls below five months of our average burn rate. It seems reasonable to continue until balance exceeds seven months or more of a nice money cushion.		NoiseBridge should fund raise if our bank account balance falls below five months of our average burn rate. It seems reasonable to continue until balance exceeds seven months or more of a nice money cushion.

	We may have rent parties in the same spirit as NYC Resistor. We may also simply make phone calls and ping our network. We may want to teach classes but it's counter to our spirit to charge for them. If we're really feeling adventurous, we can apply for grants.		We may have rent parties in the same spirit as NYC Resistor. We may also simply make phone calls and ping our network. We may want to teach classes but it's counter to our spirit to charge for them (except possibly for parts cost, this TBD). If we're really feeling adventurous, we can apply for grants.

	===Bank Account Access===		===Bank Account Access===

Adi at 09:02, 1 October 2008

2008-10-01T09:02:48Z

← Older revision		Revision as of 02:02, 1 October 2008
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	~~'''~~NoiseBridge Finance Policy - Currently in Draft for Discussion form~~'''~~		==NoiseBridge Finance Policy - Currently in Draft for Discussion form==

			===Minimum Reserve===

	'''~~Minimum Reserve''~~'		It seems reasonable to create a NoiseBridge bank account. It should have at least six months' expenses to pay rent, insurance, ISP, power, and for various consumable supplies. Currently we're in the burn rate evaluation phase. Once we've determined our average monthly burn rate, we'll know how much we should keep in the bank.

	~~''It seems reasonable to create a~~ NoiseBridge bank account~~. It should have at least six~~ months~~' expenses to pay rent, insurance, ISP, power, and for various consumable supplies. Currently we're in the burn rate evaluation phase. Once we've determined~~ our average ~~monthly~~ burn rate~~, we'll know how much we should keep in the bank~~.''		NoiseBridge should fund raise if our bank account balance falls below five months of our average burn rate. It seems reasonable to continue until balance exceeds seven months or more of a nice money cushion.

	'~~'NoiseBridge should fund raise if~~ our ~~bank account balance falls below five months of our average burn rate. It seems reasonable~~ to ~~continue until balance exceeds seven months or more of a nice money cushion~~.''		We may have rent parties in the same spirit as NYC Resistor. We may also simply make phone calls and ping our network. We may want to teach classes but it's counter to our spirit to charge for them. If we're really feeling adventurous, we can apply for grants.

	''We may have rent parties in the same spirit as NYC Resistor. We may also simply make phone calls and ping our network. We may want to teach classes but it's counter to our spirit to charge for them. If we're really feeling adventurous, we can apply for grants.''		===Bank Account Access===

	'~~''Bank Account Access'''~~		Noisebridge corporate account will probably have debit cards or checks. The board should allocate some petty cash for having in the space and will otherwise sign checks as stipulated by the membership. Anyone that's signing checks should will also report financial status updates in an open manner.

	~~''Noisebridge corporate account~~ will ~~probably have debit cards or checks~~. ~~The board should allocate some petty cash for having in the space and will otherwise sign checks as stipulated~~ by ~~the membership. Anyone that's signing checks should will also report financial status updates in an open manner~~.''		The finances will be published, hopefully in real time. Transparency is key. We want to avoid major issues with
			money by letting it all hang out.

	'~~'The finances will be published, hopefully in real time~~. ~~Transparency is key~~. ~~We want~~ to ~~avoid major issues with~~		We'd like someone to help research a second short-term CD or other interest-bearing account as a complement to the checking account. Such an account should have a restriction to control release of funds. It seems reasonable to have funds released to the checking account only.
	~~money by letting it all hang out~~.''

	''We'd like someone to help research a second short-term CD or other interest-bearing account as a complement to the checking account. Such an account should have a restriction to control release of funds. It seems reasonable to have funds released to the checking account only.''		===Member Dues===

	'''~~Member Dues~~'''		Pay what you {can,want,may,are able} is the rule of the day. If you're making $100,000 a year, please consider that it's lame to pay the absolute minimum of ~$60-75. If you're a starving and broke member, please do not stress about paying insane amounts of money. Money is not the most important thing to our group but we will of course require it to survive. It doesn't really matter what method (egold, paypal, google checkout, cash, sack of quarters, credit card, etc - ) you use to pay your membership fees. However, please be mindful of fees or major time sinks! If you pay via paypal, we'll lose some percentage of the incoming funds. If you bring in a sack of quarters, we're going to be up all night counting. If you're planning to be a member for a year, consider a simple check or cash payment in one lump sum.

	''Pay what you {can,want,may,are able} is the rule of the day. If you're making $100,000 a year, please consider that it's lame to pay the absolute minimum of ~$60-75. If you're a starving and broke member, please do not stress about paying insane amounts of money. Money is not the most important thing to our group but we will of course require it to survive. It doesn't really matter what method (egold, paypal, google checkout, cash, sack of quarters, credit card, etc - ) you use to pay your membership fees. However, please be mindful of fees or major time sinks! If you pay via paypal, we'll lose some percentage of the incoming funds. If you bring in a sack of quarters, we're going to be up all night counting. If you're planning to be a member for a year, consider a simple check or cash payment in one lump sum.''		===Physical Supplies===

	'''~~Physical Supplies'''~~		Donations of equipment and other physical goods do not count as member dues. It certainly will help your reputation as being a generous member of the community but it won't pay the rent. It's possible that we'll consider exceptions as a membership. Consider donating things for NoiseBridge use, however - we do not accept things with strings attached.

	''Donations of equipment and other physical goods do not count as member dues. It certainly will help your reputation as being a generous member of the community but it won't pay the rent. It's possible that we'll consider exceptions as a membership. Consider donating things for NoiseBridge use, however - we do not accept things with strings attached.''		We have drinks and food in the kitchen. Costs are being evaluated. It's an honors system bar. If it doesn't work, we'll change things.

	''We have drinks and food in the kitchen. Costs are being evaluated. It's an honors system bar. If it doesn't work, we'll change things.''

Ioerror: Major revision to address misuse of wiki, discussion on talk page please!

2008-10-01T08:49:39Z

Major revision to address misuse of wiki, discussion on talk page please!

Show changes

SpammerHellDontDelete: YAME

2008-09-30T21:36:32Z

YAME

← Older revision		Revision as of 14:36, 30 September 2008
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	'''Member Dues'''		'''Member Dues'''

	''Two-tier membership plan: higher tier pays a higher monthly dues for unrestricted use; lower tier pays a		''Two-tier membership plan: higher tier pays a higher monthly dues for unrestricted use; lower tier pays a lower monthly dues but must also pay a per-use fee. All payments must be by check.''
	lower monthly dues but must also pay a per-use fee. All payments must be by check.''

	[Per Jake, 20080930: ] Here's where we're going to		[Per Jake, 20080930: ] Here's where we're going to

SpammerHellDontDelete: YAME

2008-09-30T21:32:25Z

YAME

← Older revision		Revision as of 14:32, 30 September 2008
Line 7:		Line 7:
	''A NoiseBridge bank account should have at least six months' expenses to pay rent, insurance, ISP, power, and various supplies.''		''A NoiseBridge bank account should have at least six months' expenses to pay rent, insurance, ISP, power, and various supplies.''

	''NoiseBridge should run a funding drive if balance falls below five months, to continue until balance exceeds		''NoiseBridge should run a funding drive if balance falls below five months, to continue until balance exceeds seven months. ''
	seven months. ''

	''Consider having parties as part of funding drives. What other events and efforts?''		''Consider having parties as part of funding drives. What other events and efforts?''

SpammerHellDontDelete: YAME

2008-09-30T21:25:29Z

YAME

← Older revision		Revision as of 14:25, 30 September 2008
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	supplies page for the space? [EndJake]		supplies page for the space? [EndJake]

	''Consider drinks to be personal items. Or consider purchasing a vending machine. Having an honor bar with a cash jar and the responsibility of getting the cash and stocking contents seems too much		''Consider drinks to be personal items. Or consider purchasing a vending machine. Having an honor bar with a cash jar and the responsibility of getting the cash and stocking contents seems too much hassle for the possible rewards.''
	hassle for the possible rewards.''

	[Per Jake, 20080930: ] Heh. We're a space full of		[Per Jake, 20080930: ] Heh. We're a space full of
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	also possibly amusing. [EndJim]		also possibly amusing. [EndJim]

	We're not solving that problem until we actually have		We're not solving that problem until we actually have it! [EndJake]
	it! [EndJake]

	[Per Jim rejoinder, 20080930: ] ~~This~~ is a great		[Per Jim rejoinder, 20080930: ] That last sentence is a great policy! [EndJim]
	policy! [EndJim]

SpammerHellDontDelete: hopefully final parafixes, the previous were learning as i went

2008-09-30T21:21:16Z

hopefully final parafixes, the previous were learning as i went

← Older revision		Revision as of 14:21, 30 September 2008
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	[Per Jim rejoinder, 20080930: ] Amen. [EndJim]		[Per Jim rejoinder, 20080930: ] Amen. [EndJim]

	''Consider a second short-term CD or other interest-bearing		''Consider a second short-term CD or other interest-bearing account as a complement to the checking account. Such an account should have a restriction to control release of funds, perhaps funds can only be released to the checking account.''
	account as a complement to the checking account. Such an
	account should have a restriction to control release of
	funds, perhaps funds can only be released to the checking
	account.''

	[Per Jake, 20080930: ] This is a great idea. If you have		[Per Jake, 20080930: ] This is a great idea. If you have
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	'''Member Dues'''		'''Member Dues'''

	''Two-tier membership plan: higher tier pays a higher		''Two-tier membership plan: higher tier pays a higher monthly dues for unrestricted use; lower tier pays a
	monthly dues for unrestricted use; lower tier pays a		lower monthly dues but must also pay a per-use fee. All payments must be by check.''
	lower monthly dues but must also pay a per-use fee. All
	payments must be by check.''

	[Per Jake, 20080930: ] Here's where we're going to		[Per Jake, 20080930: ] Here's where we're going to
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	much trouble? [EndJim]		much trouble? [EndJim]

	''Consider a vetting process for new members. SF Gem and		''Consider a vetting process for new members. SF Gem and Mineral Society's vetting consists of prospective members getting two current members to vouch for them (first step is a short chat with each of the existing members, second step has two members okaying the prospect at a meeting, third step consists of new member payment and receipt of a card.''
	Mineral Society's vetting consists of prospective
	members getting two current members to vouch for them
	(first step is a short chat with each of the existing
	members, second step has two members okaying the
	prospect at a meeting, third step consists of new member
	payment and receipt of a card.''

	[Per Jake, 20080930: ] We have a vetting process. In		[Per Jake, 20080930: ] We have a vetting process. In
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	process will be prudent defence against trouble. [EndJim]		process will be prudent defence against trouble. [EndJim]

	''Consider issuing a NoiseBridge member card with a		''Consider issuing a NoiseBridge member card with a member number and a date. Possible to barcode or otherwise enable electronic verification (alternate possibilities could be fun).''
	member number and a date. Possible to barcode or
	otherwise enable electronic verification (alternate
	possibilities could be fun).''

	[Per Jake, 20080930: ] If we have any card, it will		[Per Jake, 20080930: ] If we have any card, it will
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	need or want status symbols. [EndJake]		need or want status symbols. [EndJake]

	''Consider requiring higher tier members to maintain at		''Consider requiring higher tier members to maintain at least two or three months' paid-ahead status.''
	least two or three months' paid-ahead status.''

	[Per Jake, 20080930: ] We almost certainly won't		[Per Jake, 20080930: ] We almost certainly won't
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	[EndJim]		[EndJim]

	''Consider releasing keys only to higher tier members.		''Consider releasing keys only to higher tier members. This idea suggests regular hours and some set of persons willing to open the place for those without keys.''
	This idea suggests regular hours and some set of
	persons willing to open the place for those without
	keys.''

	[Per Jake, 20080930: ] We're going to ensure that the		[Per Jake, 20080930: ] We're going to ensure that the
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	community participation. [EndJake]		community participation. [EndJake]

	''Some small group should share managing and tracking		''Some small group should share managing and tracking this stuff.''
	this stuff.''

	[Per Jake, 20080930: ] The entire thing is currently		[Per Jake, 20080930: ] The entire thing is currently
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	'''Physical Supplies'''		'''Physical Supplies'''

	''Donations of equipment and other physical goods do		''Donations of equipment and other physical goods do not count as member dues. Consider loaning or giving things for NoiseBridge use.''
	not count as member dues. Consider loaning or giving
	things for NoiseBridge use.''

	[Per Jake, 20080930: ] If someone donates us a $20,000		[Per Jake, 20080930: ] If someone donates us a $20,000
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	anything else). [EndJim]		anything else). [EndJim]

	''Supplies to be paid for as part of ongoing expenses		''Supplies to be paid for as part of ongoing expenses could include cleaning chemicals (to be determined) along with one good quality broom, one good quality mop, up to four various-sized sponges, supplies of paper towels, toilet paper, toilet seat sanitary covers, plumber's friend, toilet bowl brush and holder, two five-gallon plastic buckets, two two-gallon plastic buckets, up to four other various-sized buckets or containers.''
	could include cleaning chemicals (to be determined)
	along with one good quality broom, one good quality
	mop, up to four various-sized sponges, supplies of
	paper towels, toilet paper, toilet seat sanitary
	covers, plumber's friend, toilet bowl brush and
	holder, two five-gallon plastic buckets, two
	two-gallon plastic buckets, up to four other
	various-sized buckets or containers.''

	[Per Jake, 20080930: ] This is pretty reasonable. It		[Per Jake, 20080930: ] This is pretty reasonable. It
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	supplies page for the space? [EndJake]		supplies page for the space? [EndJake]

	''Consider drinks to be personal items. Or consider		''Consider drinks to be personal items. Or consider purchasing a vending machine. Having an honor bar with a cash jar and the responsibility of getting the cash and stocking contents seems too much
	purchasing a vending machine. Having an honor bar
	with a cash jar and the responsibility of getting
	the cash and stocking contents seems too much
	hassle for the possible rewards.''		hassle for the possible rewards.''