What are examples of expenses CMF will face as it evolves?
There are three categories of expense. They are broadly defined as “start-up,” “capacity” and “programming” expenses. “Start-up” expenses have been funded by CMF’s founder Stephen McKenney Steck and his wife, Desta Horner, with their own personal funds. For the past 18-months they have funded such reasonable and customary expenses as… a. Incorporation filing fees, b. legal and tax counsel, c. initial business insurance premiums (general liability and directors and officers insurance), d. association dues and memberships, e. minimum but immediately necessary technical equipment and production and accounting software, f. program related interconnection fees (telephony for program production and Internet connections), g. logo design and branding, h. E-letter, blog and Web design and testing. i. conference and training registration, travel, telephone and mailing expenses, and j. stationery and associated office supplies. “Capacity” expenses are generally related to the fundamental items of
