straw poll update and reminder

Perrone, Matthew mperrone at WPI.EDU
Mon May 25 12:59:36 EDT 2009


Greetings all,

First, thank you to all those that have crunched numbers for the proposal. Personally, as a college student with limited ability of time to fly, I'd rather see an up-front cost than a high monthly rate, so my answer is no, but I think it is a good deal for everyone else.

I was curious if either Steve, either Bob, or Todd could send me the costs of the entire operation; everything from maintenance costs, tie-downs, gas prices that were used in the "wet calculation", insurance, etc. I'd like to have them to compare with some other clubs, as well as see if there are other ways to organize the costs. I'd like to throw it into a spreadsheet for quick reference as well as weighting the costs in a variable manner.

Thanks again, and happy memorial day. I saw a pair of F-15C's link up about 1000 ft AGL over Worcester early this morning, probably for a fly-over somewhere. 

Take care,
-M.Perrone


________________________________________
From: eefc-core-bounces at workingcode.com [eefc-core-bounces at workingcode.com] On Behalf Of Steve Gordon [steve at media-phile.com]
Sent: Monday, May 25, 2009 12:43 PM
To: 'Eagle East Flying Club Core Team'
Subject: RE: straw poll update and reminder

Sorry, I guess I didn't get your first email.  It's a beautiful bird, but my
answer is no at this time.  I'm full steam ahead with the RV-7 which is
going to suck up all of my money for a while.

-Steve

-----Original Message-----
From: eefc-core-bounces at workingcode.com
[mailto:eefc-core-bounces at workingcode.com] On Behalf Of James Carlson
Sent: Saturday, May 23, 2009 1:52 PM
To: Eagle East Flying Club Core Team
Subject: straw poll update and reminder

We're still looking for responses to the straw poll that I sent out on
Thursday:

  http://www.workingcode.com/pipermail/eefc-core/2009-May/000243.html

Please don't forget to weigh in as soon as possible, even if you're
not planning to join at this time.  A simple "yes" or "no" will do.
I'd like to wrap this up early next week so that we can get a message
out to the rest of the prospective members -- and so that we can start
moving on that nice airplane.  It might not last!

So far, we've got two "yes" and one "maybe" vote.  I was talking
off-list with one of the participants who suggested a slightly
different plan to offer.  It includes a non-refundable[1] buy-in of
$400, and uses low-side estimates to get the monthly dues down to
$110, relying on that buy-in to provide a cushion in case the low-side
numbers are wrong.  It also turns that "maybe" into a "yes."  The
updated spreadsheet (showing both options) is here:

  http://www.workingcode.com/eefc/spreadsheet-jdc.xls

If that change (from $175 to $110 per month) makes a difference in how
you'd vote, please do comment on that in your reply.  (The total
savings in the first year for each member would be $380, primarily
coming out of those lower cost estimates.)

Either way, the plan would be to run the club for one year under this
scheme, and then re-evaluate the financial situation based on actual
expenses and reserves required in a member's meeting.  We would then
have to agree to modify dues up or down as needed to maintain a
solvent club.  (The spreadsheet should be helpful in doing "what if"
tests to see how those changes might come out.)

1.  The "non-refundable" part is probably something that could be
    dealt with on a case-by-case basis if members must leave the
    club.  We may need to deal with contingency plans later.

--
James Carlson         42.703N 71.076W         <carlsonj at workingcode.com>
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