2020-04-30 Hypha Worker Co-op: Finance

from template | Meetings | Calendar | Tasks | Code | Drive

Time: 2-2:30pm ET
Location: https://jitsi.hypha.coop/hyphacoop
Attending: bl, yj
Cultivator: bl
Notetaker: yj

Agenda

Item	Time (min)
Personal Checkins	5
Announcements	5
Task Board Review	15
Discussions	30
Process Checkout	5

Notes

Personal Checkins

• skipped

Announcements

• none

Task Board Review

• Review DONE tasks
  • already archived
• Review [priority-★★★] [priority-★★☆] [priority-★☆☆] [priority-none]
  • #185 reimbursement
    • just need to pay it
    • dc still needs to file
    • notified everyone except pc
    • bl unsure about pre-incorporation expenses
      • yj: can do as regular expense < $50,000
      • in QB count it as a incorporation date expense
  • #155 org summary. bl will do it
  • #109 determine system for storing confidential employee information. this is actually done! closed
  • #261 covid-19 financial support. yj to call
  • bl will take care of payroll for May, and we will assign Finance roles end-May

Discussions

• update OKRs
  • a bunch of KRs are done!
  • “Devise strategy to secure support funding and credit for business to cope with uncertainties”
    • bl: need to talk to Desjardins about credit availability
    • bl: possibility of member loans in cases of emergency
    • #todo call Desjardins and inquire about BCAP + other credit availability based on our situation
  • “Capture evaluation of our capacity to support members and neighbours”
    • yj: covid19.hypha.coop as neighbour support
    • bl: finance communicated that we can donate < $100 amount
• #todo how much $ can members pool in as an “emergency credit access”
  • poll members about restrictions on this money
    1. if Hypha cannot pay our bills
    2. if a member has a personal emergency
  • this should check off most of the above two KRs

Process Checkout

• we’re in good shape!

Action Items for Cultivator

• Migrate items with #todo:person to task board
• Publish meeting notes as
  • business-planning: open access, or publicly indexed with restricted access
  • finance: open access, or publicly indexed with restricted access
  • governance: open access, or publicly indexed with restricted access
  • infrastructure: open access, or publicly indexed with restricted access
  • operations: open access, or publicly indexed with restricted access
• Reset meeting pad for next meeting

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