Monthly Expense / Profit Splits
Overview
Every Habitats for Happiness has monthly expenses and monthly income.
Monthly Expenses include the Mortgage (principle and interest), utilities, taxes, insurance, and anything else the community chooses to spend money on. Labor required by the Center to function (i.e. maintaining the fields, accounting, building, etc) is of course a valid monthly expense.
Monthly Income includes the profits from activities that the community chooses to engage in (not to be confused with Individual income-generating pursuits: Members have the right to earn money in any manner they see fit, and it is their money not the community's).
The Difference between the Monthly Expenses and Monthly Income is the Monthly Profit/Loss and it is divided equally amongst all Members of that particular Center.
If there is a Profit, then each member receives a check at the end of the month (or the community may elect to save/use the profit for other purposes at the group's discretion). If there is a loss, then Members pay Dues equal to their pro-rated share. Note that Profits & Dues checks/bills will not always be identical to each other because members who contributed Labor will have it credited to them in their monthly accounting.
For the Financially minded, here are some examples of how monthly profit / loss might occur within the Centers:
Monthly Expenses include the Mortgage (principle and interest), utilities, taxes, insurance, and anything else the community chooses to spend money on. Labor required by the Center to function (i.e. maintaining the fields, accounting, building, etc) is of course a valid monthly expense.
Monthly Income includes the profits from activities that the community chooses to engage in (not to be confused with Individual income-generating pursuits: Members have the right to earn money in any manner they see fit, and it is their money not the community's).
The Difference between the Monthly Expenses and Monthly Income is the Monthly Profit/Loss and it is divided equally amongst all Members of that particular Center.
If there is a Profit, then each member receives a check at the end of the month (or the community may elect to save/use the profit for other purposes at the group's discretion). If there is a loss, then Members pay Dues equal to their pro-rated share. Note that Profits & Dues checks/bills will not always be identical to each other because members who contributed Labor will have it credited to them in their monthly accounting.
For the Financially minded, here are some examples of how monthly profit / loss might occur within the Centers:
Simplified Example #1
Imagine if:
Note that thanks to the opportunity to host DomeGaia workshops, Centers whose members are long on time and short on cash have an excellent opportunity & way to convert their free time to cash by hosting Workshops.
- Debi & Carole are the only two members of their Habitats for Happiness
- Their Center's Monthly Cash expenses for July totaled $2000 (for the mortgage, taxes, & insurance).
- July's required labor totaled 25 hours @ $20/hr, all of which was performed by Carole
- Therefore its total monthly expenses = $2,000 + 25*$20 = $2,500
- Debi & Carole are the only two members, so they split this equally (50/50). Therefore each of them owes $1,250
- Carole’s labor is credited towards her share, so her cash owed is $1250 - 25*$20 = $750
- Debi & Carole’s total Dues for the month is thus $1250 (Debi) + $750 (Carole) = $2000, which cover's July's cash expenses.
Note that thanks to the opportunity to host DomeGaia workshops, Centers whose members are long on time and short on cash have an excellent opportunity & way to convert their free time to cash by hosting Workshops.
Example #2
New Paradigm Centers usually have a lot more members than that, so imagine the following more realistic scenario:
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Example #3
Suppose there are 10 members and 4 interns/volunteers in the Center who decide to build a Community Dome one month & run a workshop to get it done. They invoke their Business Relationship with DomeGaia, which supplies 30 enthusiastic workshop attendees, who pay $1200 each to attend the workshop (of which the Center keeps 70%). The Center also keeps 100% of the fees for the meal plan and camping , which of half the workshop attendees purchase for $400 (meals) & $200 (camping).
That month, their Dome gets built, and the Center receives $25,200 from the workshop + $9,000 in Meal Plan & Camping fees.
If the Center's expenses that month were:
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As an added bonus:
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Summary
Members of the Habitats for Happiness have the option to engage in any type of work that interests them so long as they are able to cover their Monthly Dues. They can hold jobs off the land or contribute labor on the land. They may even have home businesses (the establishment of which would invoke the Advice Process to ensure everyone's comfort).
If a situation arises where community members are long on time and short on cash, they have DomeGaia's support & the ability to access the DomeGaia business model of hosting workshops to convert their free time into substantial cash. DomeGaia supplies the clients in exchange for a 30% Commission, and intends to expand the types of workshops they offer to other earth-friendly topics according to the expertise brought by Members of the Habitats for Happiness.
If a situation arises where community members are long on time and short on cash, they have DomeGaia's support & the ability to access the DomeGaia business model of hosting workshops to convert their free time into substantial cash. DomeGaia supplies the clients in exchange for a 30% Commission, and intends to expand the types of workshops they offer to other earth-friendly topics according to the expertise brought by Members of the Habitats for Happiness.