[PDB-gov] 501(c)(6) application

[Chris Van Fossen]

Hi Chris,

Many thanks to you, Patrick, Job, Matt, and Arnold for your work in
launching PeeringDB, Inc..

Can you or a board member direct us where to go to better understand the
financial decisions/estimates being made in the filing? Or if the summary
is "these are decided by the board in the best interests of its members,"
that'd be good to know.

Reworded from page 6 of the filing PDF --

*Gifts/contributions revenue:*
*2014 2015 2016 (proposed) 2017 (proposed)*
*$0 $8000 $210,000 $80,000*

*Activities expenses:*
*2014 2015 2016 (proposed) 2017 (proposed)*
*$422 $985 $44,838 $42,988*

*Compensation expenses:*
*2014 2015 2016 (proposed) 2017 (proposed) $0 $4450 $165,000 $36,000*


>From page 20 of the filing PDF --


*Matt Griswold, Director: Mr. Griswold's company 20C, LLC will receive
approximately $100,000 one-time and approximately $2,000 per month for
software maintenance and development services.Chris Caputo,
Secretary/Treasurer: Mr. Caputo is owner of Altopia Corporation. Altopia
Corporation will receive approximately $29,000 one-time and $1,000 per
month for up to 10 hours of work, for consulting. Overtime at $100/hour.*


There's no mention of those compensation or activities discussions in the
Dec 8 board meeting minutes or in the docs at https://www.caputo.com/pdb/.
Likely warranted and justified all around, so just hoping to learn more
since all together that's no small figure ($209,838) for a new non-profit.

>From page 3 of the PDF, "PeeringDB does not charge membership fees. Members
and interested parties contribute funds, sometimes in exchange for
recognition."

If a contributing party asks where their 2016 donation goes, it seems part
of the answer is "it goes toward payments for past contributions to the
site." Correct?

Thanks,
Chris



On Tue, Jan 5, 2016 at 8:40 AM, Chris Caputo <secretary at peeringdb.com>
 wrote:

> I've updated:
>
>   https://www.caputo.com/20151231_Non_Profit_Filing_Draft.pdf
>
> based on a correction from my CPA.  (Form 1024 page 5 lines 17 and 18)
>
> I also added a definition of "peering" to the description of PeeringDB on
> the 2nd page of Form 1024.
>
> I intend to mail this on Thursday, so please speak up now if any issues.
>
> Thanks,
> Chris
>
> On Wed, 30 Dec 2015, Aaron Hughes wrote:
> > PeeringDB Members,
> >
> > The PeeringDB Board held it's first board meeting 8 Dec 2015 and have
> > posted the minutes to gov.peeringdb.com
> > (
> http://docs.peeringdb.com/gov/minutes/2015-12-08_PeeringDB_Board_Minutes.pdf
> ).
> >
> > Once the meeting was held, the organizational documents were filed and
> > approved by the State of Washington. The Certificate of Incorporation
> > and Certificate of Authorization are attached.
> >
> > The next step is to file the 501(c)(6) application. The draft is under
> > review by the board prior to submitting at:
> > https://www.caputo.com/20151231_Non_Profit_Filing_Draft.pdf
> >
> > Our next board meeting will take place in Jan were we will address
> > contracts with vendors, funding sources planning, IP, as well as some
> > strategic plans for the next few months prior to the Apr members meeting
> > and next election.
> >
> > Please feel free to comment, submit feedback or ask questions to any of:
> >
> > This list: pdb-gov at lists.peeringdb.com
> > The PeeringDB Board: board at lists.peeringdb.com
> > or to me directly: aaronh at tcp0.com
> >
> > A big thanks to Patrick W. Gilmore, Matt Griswold, Arnold Nipper, Job
> > Snijders, and Chris Caputo for all of the time and effort into getting
> > PeeringDB, Inc. launched.
> >
> >
> > Regards,
> >
> > Aaron Hughes
> > President PeeringDB
> >
> >
> >
> > --
> >
> > Aaron Hughes
> > aaronh at tcp0.com
> > +1-703-244-0427
> > PGP Public Key ID: 0xF6B1DEC2
> > Key fingerprint = 6486 43A5 1692 502C DCFC  8446 C714 E317 F6B1 DEC2
> > http://www.tcp0.com/
> >
> > Request a meeting with me: https://doodle.com/aaronh
> _______________________________________________
> Pdb-gov mailing list
> Pdb-gov at lists.peeringdb.com
> http://lists.peeringdb.com/cgi-bin/mailman/listinfo/pdb-gov
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.peeringdb.com/pipermail/pdb-gov/attachments/20160105/7d827295/attachment.html>