O&D Meeting 11/15/2022

Old Business News & Notes

• Rabbit laser hinges are installed. New locks are on order. Bill will install them when the get here.
• Andy is getting pricing for a fiber laser. Further research and potential FAP are on hold until we know what the new door system (higher priority) is going to cost.

• Daniel is working with the vendor, GymMaster to get further questions answered before we FAP that.

Lawsuit Update

• Anything new?
• Raj reported we filed a motion to delay until January, based on rules/procedures problems with Butler's case. Granted.
• Board voted 5 to 2 to go ahead and have Butler's messes cleaned up rather than waiting until case is resolved.

Financial Snapshot for September

LVL1 Financials for October, 2022 Snapshot Membership: 80 members (71 Pike13 + 7 PayPal + 2 cash)

Income:

   Donation – PayPal Giving Fund                       100.00
   Dues – Pike13 (Republic deposits)		  3,550.00 			Bank Bal:    $ 58,696.91

Dues – PayPal 350.00 PayPal Bal: $ 998.48

   Dues – Cash					     100.00                           Tot. Assets $ 59,695.39

Total $4,100.00

Expenses: Income: $4,100.00

CC Processing – Pike13				($  143.05)		          Expenses:   $4,120.10
Insurance – West Bend Mutual			($  143.92)			Net loss:   ($     20.10)
Amazon, 3D supplies, copy paper, etc.	($  325.07)
Lawsuit – parking, lunch				($    12.60)                          Makership: $ 2,578.57
Zoom						           ($    31.78)                          rec’v’d Oct.       20.00
LG&E						($  727.04)                          balance      $ 2,598.57
FAP – sewing area shelves		           ($  618.94)
Rent					                      ($1500.00)			Emergency Fund CDs:	 
Pike13 Monthly Fee				($  149.00)			(will be re-invested)
Costco membership			           ($    60.00)  	             	Cashed out on 9/21/22

Vectric - Vcarve subscription, 1 yr. ($ 104.94) Dep’d into bank acct.

Flickr						           ($      6.99)			on 9/21      $   9,207.69
Rabbit – laser parts	                                ($  145.84)
Industrial Carbide – saw blade sharpening  ($  140.50)
PayPal		                      		($    10.43)

Total ($4,120.10)

• CDs cashed out. Raj and Tiffany are looking for a good investment vehicle for these funds. update?
• Kevin will make F likr charge go away
• Looking for a less expensive alternative to Zoom - waiting for the new budget.

Party and Workshop

• White Elephant Hack-a-thon during the Christmas party
• WLed workshop