charles matthews wrote:
If $750000 was spent in 2005, it's hardly a shoestring. A 'low' yearly fee - would be relative to the income of a developed-world person in work, or a villager in Asia or Africa in subsistence.agriculture?
The other problem with $5 per annum fees is the cost of administration It takes just as long to enter $5.00 in the books as it does $5,000.00. Then one has to track who has paid and who has not, and when memberships expire notify them that the time has come to pay again. With enough members we may even need a full-time paid bookkeeper(s).
Ec