Board meeting, April 14th, 2010
Board members present
- Joerg Jaspert (Ganneff) (Vice President)
- Michael Schultheiss (schultmc) (Treasurer)
- Jonathan McDowell (Noodles) (Secretary)
- Luk Claes (luk)
- David Graham (cdlu)
- Jimmy Kaplowitz (Hydroxide)
- Martin Zobel-Helas (zobel)
Board members partially present
- None
Board members absent with regrets
- Joshua D. Drake (linuxpoet)
Board members absent
- Bdale Garbee (bdale) (President)
Board advisors present
- None
Registered guests present
- Kåre Thor Olsen (Kaare)
- MJ Ray (slef)
These are the minutes for the April 14th, 2010 SPI Board meeting, held at 20:00 UTC in #spi on irc.spi-inc.org. LOG
President's Report
None
Treasurer's Report
Michael Schultheiss provided the following financial reports for March 2010:
This report uses a cash-based method of accounting, recording donations
when deposited (not when the check was written or received by us) and
recording expenses when sent or scheduled for payment (not when
incurred).
Income Statement
for the Period March 01, 2010 - March 31, 2010
Income
Ordinary Income
Debian 4,759.35
freedesktop.org 1,500.00
Gallery 80.00
OpenOffice.org 883.14
Privoxy 30.00
SPI General 393.00
SPI 5% 180.13
The HeliOS Project 160.00
YafaRay 50.00
Total Ordinary Income 8,035.62
---------
Interest Income
Key Bank Money Mkt Savings 2.87
Chase BusinessClassic Checking 0.07
Chase Bus Select High Yield Savings 4.49
Total Interest Income 7.43
----
Gross Income 8,043.05
--------
Expenses
Ordinary Expenses
Debian
DebConf Housing Dep 28,620.00
DebConf Liability Ins 390.00
Incoming Wire Fee 15.00
Panama Mini DebConf 1,100.00
Processing Fees 26.93
Spanish Mini DebConf 2,061.15
SPI 5% 44.97
Travel Reimbursement 2,826.31
Total Debian Exp 35,084.36
---------
FreeDesktop.org
SPI 5% 75.00
Total fd.o Exp 75.00
-----
Gallery
Processing Fees 2.16
SPI 5% 4.00
Total Gallery Exp 6.16
----
OpenOffice.org (OO.o)
Processing Fees 61.80
SPI 5% 84.75
Total OO.o Exp 146.55
------
PostgreSQL
Expense Reimbursement 814.25
Total PostgreSQL Exp 814.25
------
Privoxy
SPI 5% 1.50
Total Privoxy Exp 1.50
----
SPI
Office Supplies 14.95
PaySimple Monthly Fee 29.95
Postage 18.30
Transaction Fees 16.10
Total SPI Exp 79.30
-----
The HeliOS Project
Expense Reimbursement 576.94
Processing Fees 6.40
SPI 5% 8.00
Total HeliOS Exp 591.34
------
YafaRay
Processing Fees 2.00
SPI 5% 2.50
Total YafaRay Exp 4.50
----
Total Expenses 36,802.96
---------
Net Income (28,759.91)
===========
Balance Sheet as of March 31, 2010
ASSETS
Current Assets
Chase BusinessClassic Checking with Interest 9,877.86
Chase Business Select High Yield Savings 33,223.04
Key Business Reward Checking 8,794.89
Key Business Signature Money Market Savings 67,553.09
Ameriprise Cash Mgmt Acct 13,401.62
Total Current Assets 132,850.50
TOTAL ASSETS 132,850.50
LIABILITIES & EQUITY
General and current liabilities 0.00
Equity
Reserves held in trust
Debian Earmark 36,168.57
Drupal Earmark 2,650.00
Freedesktop.org Earmark 2,059.08
Gallery Earmark 6,696.86
GNU TeXmacs Earmark 9.70
Madwifi.org Earmark 1,390.88
OpenOffice.org Earmark 11,308.06
OpenWrt 10.01
Open Voting Foundation Earmark 90.09
Plan 9 Earmark 6,500.00
PostgreSQL Earmark 20,793.90
Privoxy Earmark 154.95
The HeliOS Project (419.69)
Tux4Kids Earmark 5,529.05
YafaRay Earmark 143.78
Total held in trust 93,085.24
General reserves 39,765.26
Total Equity 132,850.50
TOTAL LIABILITIES & EQUITY 132,850.50
Click and Pledge have changed our account setup so we now get direct deposits of donations 2-3 days after they're donated, rather than waiting for a check once per month.
Secretary's report
None
Outstanding minutes
Vote on Meeting Minutes March 10th, 2010
| Joerg Jaspert | Yes |
| Michael Schultheiss | Yes |
| Jonathan McDowell | Yes |
| David Graham | Yes |
| Jimmy Kaplowitz | Yes |
| Martin Zobel-Helas | Abstain |
| Luk Claes | Abstain |
Motion passed with a vote of 5 yes, 2 abstain, 0 missing
Any other business
There was again some discussion of our forthcoming election, in July.
Adjournment
The meeting was adjourned until Wednesday, May 19th, 2010 at 20:00 UTC in #spi on irc.spi-inc.org.
Appendix A: Current Board Membership
| Last elected | Name | Role |
|---|---|---|
| July 2007 | Bdale Garbee | President |
| July 2007 | Joerg Jaspert | Vice President |
| July 2009 | Jonathan McDowellSecretary | |
| July 2009 | Michael Schultheiss | Treasurer |
| July 2007 | Luk Claes | |
| July 2007 | Joshua D. Drake | |
| July 2008 | David Graham | |
| July 2008 | Jimmy Kaplowitz | |
| July 2008 | Martin Zobel-Helas |