DHMN Organizational Meeting

April 4, 2016

Call to Order

Present: Bob T-Son, Shane G., Mike P., Mathew P., Sim, Dan, Jamie S.,

Late arrivals: Jakob,

Potential (past) attendees: Karl P., Tim B., Erin Q-L., Paul K., Dan Brunner., Tater, Jake K., Sara K.,  Ross L., Jason S.,John McGrath, Iga (Guest), Ryan Peterson,Tinker, Kristin M., Mark F., Steve P., Andrew, Tyler

Approve Minutes

Moves to approve: Bob T-Son

Seconded: Shane G

Carried.

Treasurer's Report

Report at end of 2016/03
generated from 125ff715dc9af6f8



Short Term Net Worth change from last month: $492
Loan payments: $264.00, 79.24 to Shane, 166.76 to Sim.




===================================
Short Term Net Worth
===================================
Accounts Receivable     114.50
              Cash    2864.42
amrtzd charge Assets    102.80
------------------------------
Pos Short term Assets  3081.72


  Accounts Payable    -477.80
   Utils budgeting     -15.72
earmarked donations    -565.00
     prepayed dues    -425.00
------------------------------
Short term Liblties   -1483.52

==============================
Short Term Net Worth   1598.20



===================================
Long Term Net Worth
===================================
Short Term Net Worth   1598.20
          Equipment   3458.60
       Inventory
               food    468.40
             shirts     91.16
           Deposits   2042.00
              Loans  -1231.38
------------------------------
Long Term Net Worth   6426.98




===================================
Working Capital Requirements
===================================
Short Term Net Worth   1598.20
          Insurance   -617.00

==============================
Short Term Available   1598.20




Membership:
29 lines for $1370/mo

storage fees:
3 lines for $96/mo



===================================
Estimated yearly Income and Expenses Estimate (/month)
===================================
Expenses:
Bank Fees 40.00
Electric 250.00
Gas      108.88
insurance 51.42
Internet  73.50
Rent     625.00
----
total expenses: 1150

Income:
Membership Dues 1370
storage Dues      96
Prepaid          -25
----
total income: 1441

Move to approve: Mark F.

Seconded: Shane G.

Carried

Old/Ongoing

New Business

Mark motions to apply amendment from last month’s meeting to bylaws.

Seconded: Shane G.

Carried.

Appoint officers.

Three officer positions. President, Treasurer, Secretary.

President: Day to day authority over all makerspace operations. Control of budget as approved by the board.

Treasurer: Responsible for maintaining legal documents, paying bills, and managing and reporting finances.

Secretary: Record meeting minutes and any other official business of the board, and posting it to the public website.

Mark F. motions to appoint Mark F. as Treasurer

Seconded: Shane G.

Caried

Shane G. motions to appoint Bob T-son as Secretary.

Seconded: Mike P.

Caried

Mathew moves to make Jakob President

Seconded: Mark F.

Adjourn

Move to Adjourn: Shane G.

Seconded: Bob T-son

Carried.