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RE: where does our money go?

My feelings are that the savings are in the noise.
We need 30 dB more than what we would save if I do
my estimation correctly.  I would also not like to
see qualified people kept off the board by being
unable to attend board meetings.  Having been on
the board before, unless things have changed
drastically,  you never make money at this. You
constantly have fund drained at a pretty good clip
by being on the board OR you are simply not meeting
your responsibilities.

Financially rich times?  I feel like one of the
lucky people in the world in the last five years.
I have managed not to lose a lot.  But let's take
my 401k for example.  I have been stashing 10%
of my income,  my company has stashed 10% of
my income so I am pouring 20% of my income into
the lowest loaded funds on the planet (TIAA-CREF)
and ALL I HAVE MANAGED IS FLAT after inflation
and that is by diversifying considerably.  I compute
that it this flat economy and flat value of my
investments, without another "Clinton years"
craziness on Wall Street I am no longer able to
retire while the first digit is a SIX.  I would
not make assumptions about rich times.


-----Original Message-----
From: Jon Ogden [mailto:na9d@speakeasy.net]
Sent: Friday, July 11, 2003 12:05
To: Robert McGwier
Cc: Amsat Bulletin Board
Subject: Re: [amsat-bb] where does our money go?

On Thursday, Jul 10, 2003, at 23:30 America/Chicago, Robert McGwier 

> There are 4000 members in AMSAT-NA and some of them are
> life members and pay no further dues.  But let's assume
> that they are sustaining life members and give the dues.
> So that is $36*4000 = $144,000 to pay for salary and benefits,
> and other expenses of having a person and an office. I
> would say that and expenses for board members to travel to
> board meetings are in the mix,  and the costs of publishing
> the journal are there but they may be offset somewhat by
> advertising but maybe not, I don't know.  Overseas and other
> members pay more but they also cost more to ship them the
> journal.

I wonder how much we could save if travel expenses to things like ARISS 
and Board Meetings are funded by the individuals attending themselves?  
Yes, it would make it more financially difficult to be on the Board, 
but perhaps it's a cost that needs to be done.  Any other member 
wanting to attend would need to pay their own way.  In financially 
"rich" times, I can see why we'd want to do this, but if we spend 
several thousand dollars to get the board together in a hotel room, is 
that the best use of funds?  Those several thousand dollars could go 
towards a satellite.

Also, has the board ever considered using the idea of something like 
Webex to hold some of their meetings?  I see more and more companies 
doing it and while it's not practical in every case, a lot of times it 
certainly is.



Jon Ogden
NA9D (ex: KE9NA)

Citizen of the People's Democratic Republik of Illinois

Life Member: ARRL, NRA
Member:  AMSAT, DXCC

Ham Radio Webpage: http://www.qsl.net/na9d   <- Updated on 1/12/03!!!
Digital Photography Page: 

"Man's mind, once stretched by a new idea, never regains its original 
                 - Oliver Wendell Holmes, Jr.

Sent via amsat-bb@amsat.org. Opinions expressed are those of the author.
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