DHMN Organizational Meeting

July 29, 2015

Call to Order

Present: Shane G., Sim, Bob T-Son, Mike P.,

Late arrivals: Kristin M.,

Potential (past) attendees: Karl P., Ed K., Tim B., Erin Q-L., Paul K., Dan Brunner., Tater, Mark F., Jake K., Sara K.j,  Ross L., Jason S., Steve P., Jakob, John McGrath

Approve Minutes

Moves to approve: Shane G.

Seconded: Mark F.

Carried.

Treasurer's Report

 DHMN Treasurer's report through 6/2015:
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Balances and accrued liabilities:
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bank: $1936.08
stripe: $120.77
paypal: $90.47
cash: $61.90
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Total Liquid Assets: 2209.22

deposits: 2042
insurance prepaid: 565.58
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All Assets: 4816.80

ADSB: 1104.91
Mark: 125
Shane: 611.33
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Total payable Liabilities: 1841.24

Prepayed Memberships: 675
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Total Useful Assets(liquid assets - payable liabilities): 367.98
Total Assets(All assets - All liabilities): 2300.56

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Revisions to previous reports:
$100 overstated cash in april report
$12 overstated cash in feb report

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Membership: 26
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two new retiree members, one prepaid 27 months with thickness planer donation

Current tallies:
3 @ Family
14 @ Full
5 @ Student / retiree
3 @ Limited
1 @ Sweat Equity

Below here is not updated this month, take with grain of salt:
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Budget:
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 870.00    current monthly membership income
-  30.21    monthly tx fees on those memberships
- 947.58    current monthly averaged outlay
---
Average Monthly shortfall: $107
First date we can't pay a bill: June 2016

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Monthly outlay in above budget includes:
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3250/yr utilities
625/mo rent
621/yr insurance

Mark motions to accept

Carried

Old/Ongoing

Deferred to next meeting: Creating thresholds for when we can start spending money

New Business

There was an extensive discussion of the new wiki and improving procedures, but there were no motions.

We discussed our presence at Maker Fair.

Adjourn

Move to Adjourn: Shane

Seconded: Sim

Carried.