Event:2014/11/18 Finance Working Group
Revision as of 00:36, 22 April 2015 by Tunabananas (talk | contribs) (added 11/18 finaqnce mtg notes)
- sara will send out invoices this week including insurance expense for TIL
- niki will write us a check to send to john when it's close to the end of the month
- we'll propose amgo gets CFOd and added to the bank account at the next meeting with at least 6 month commitment (check in then)
- There are 6 paying member collectives for this coming month: TIL, BAPS, La Commune, Sudo Room, CCL, Material Print Machine
- $451.71 bills for member collectives in the December invoices and $145.04 for tenants
- Left Tilt Foundation is giving OMNI $5,000 (thanks Danny!) we just need to write a proposal. what is required of the proposal? to whom does it go? Sara will talk Danny about this.
- Judy will send FNB proposal to finance committee for review/comments saturday morning--then will send it out to Joe Lisner/FNB
- Meeting with Jen (nonprofit bookkeeping expert) last weekend cancelled, moved to this Friday
- There'S about $13k in the bank account right now (after paying off the $2,500 to the ADA guy)
- The $1,000 for sound proofing was already paid by Omni, no need to reimburse
- Finance committee will authorize $2,700 for fire/safety permit upgrades as soon as we have the $10,000 grant in hand
- Niki will be out of country 12/14 - 1/4
- Announcment for delegate meeting: With OmniDance leaving, bills will be even higher. Bills would have been over $500 for each member collective this month without OmniDance contributing
Agenda for 11/18 meeting (is this the day we're meeting?):
- devise payback schedule for whoever fronted $1,000 for soundproofing per 11/6 delegate meeting
- figure out how/when to spend $2,700 for remainder of fire/safety permit upgrades per 11/13 delegate meeting. once approved, make sure project budget management process we developed is used
- grant proposal to FNB. judy is writing it, but who does it go to? what is required?
- early invoicing to member collectives b/c of holiday
- report back from meeting with jen
- make sure we know how to pay rent/bills before niki leaves the country for thanksgiving.