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Difference between revisions of "Meeting Notes 2025-12-28"
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→1.Our Money problems
(→= Meeting notes for MM discussion: fix heading) |
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* How much is our income, and where is it coming from? | * How much is our income, and where is it coming from? | ||
** Income is solely from membership dues, 115 members, generate ~$1700/mo | |||
** 2025 sudo finance(in progress) https://docs.google.com/spreadsheets/d/1wACIGBvBytdvL2eqh5MlLRCg1fpzSaA7SrQIw88OVZg/edit?usp=sharing | |||
** Jake: sometimes I sell things from here. Sometimes people hand me cash. Sometimes I look in the donation bucket. | |||
** Paige: for example, last month I did a spiel about needing to fundraise, and someone handed me $400 cash. | |||
* How many accounts do we have, and who has access to them? | * How many accounts do we have, and who has access to them? | ||
** Now we have a single bank account, which is Provident Credit Union. Paige and Jake have access to it. | |||
** People whose names are on the bank account who can write checks are the 3 officers: Paige is President, William (moved away) is Secretary, and Ajay is Treasurer | |||
** Paypal: Paige, Marc Juul, Jake | |||
** We used to store money in Paypal, because we used to share a bank account. Now that we don't share the bank account with others, Paige has set up automatic transfers from Paypal to the bank account | |||
* Can we diversify income sources? Grants? Cisco possibility? Selling things? | * Can we diversify income sources? Grants? Cisco possibility? Selling things? | ||
** Cisco has work volunteer program. Cisco will donate to nonprofits that their employees volunteer with. | |||
** To access Cisco's grant money, we would first have to register Sudo at, https://causes.benevity.org/causes/840-994999638 - Paige can register us for this | |||
** Peter: there exist several "vetting" sites for nonprofits that entities want us to be registered with before they donate money to us. | |||
** Peter: someone is volunteering at the Temescal fixit clinic and Cisco is contributing $10/hr, so if she volunteers for 2 hrs a month, it'd be $20/month? Wants to see how it works. | |||
** The idea is maybe someone who comes to volunteer on Tuesdays would want to contribute their work's donation. | |||
* eBay has a nonprofit option, sell items to benefit Sudo: https://www.ebayforcharity.org/get-involved/selling-for-a-charity/ | * eBay has a nonprofit option, sell items to benefit Sudo: https://www.ebayforcharity.org/get-involved/selling-for-a-charity/ | ||
* Michael: EBS internet for members | * Michael: EBS internet for members | ||
** $125/yr modem with unlimited data. Ask members to contribute $20-$60/mo in exchange for bandwidth? | |||
** example: Calyx Foundation has an "internet membership" | |||
** https://calyxinstitute.org/membership/internet | |||
** (7 members voting yes is the quorum) | |||
** This is new, will send out email to clarify the details and for the community to decide | |||
* Next month, see how much money we bring in through normal contributions. Can we get to our rent of $2500? | * Next month, see how much money we bring in through normal contributions. Can we get to our rent of $2500? | ||
** $2500 rent, but at some point we'll have to get our own insurance (we're riding off of Omni's insurance) | |||
* Paige: help me with insurance. You can get it cheap, but I wanna make sure we're covered well. | * Paige: help me with insurance. You can get it cheap, but I wanna make sure we're covered well. | ||
* Mick: How is Sudo Room registered as an entity? Paige: nonprofit, 501c3. Mick: what kind of insurance are we gonna need? Paige: we're required by our landlord to have general liability insurance, that's it. There's a million and two million aggregate thing, but it's pretty standard. Mick volunteers to help Paige look at insurance | * Mick: How is Sudo Room registered as an entity? Paige: nonprofit, 501c3. Mick: what kind of insurance are we gonna need? Paige: we're required by our landlord to have general liability insurance, that's it. There's a million and two million aggregate thing, but it's pretty standard. Mick volunteers to help Paige look at insurance | ||
* Jake Proposal: Increase our minimum membership contribution to $20. | * Jake Proposal: Increase our minimum membership contribution to $20. | ||
== 2.MemberMatters upgrade == | == 2.MemberMatters upgrade == | ||