The Finance Committee has as a goal understanding the current financial health of our member organizations and the long term requirements for sustaining financially healthy Chapters. Contact Finance Committee Chair Ernie Sabine (esabine (at) alum.mit.edu) for more information.
Annual Housebill Analysis
For most of the past several years, the AILG conducted an annual Housebill Analysis study to help provide data that may assist AILG members in making informed decisions about the operation of their individual houses. This data included both operating expense data as well as comparative housebill data, aimed at helping to answer questions such as:
- Is our house paying more than average for a given operating expense (e.g. electricity, trash pickup, etc.)
- How does the cost of living in our house compare to living in the dorms or the average FSILG?
The Housebill Survey is conducted every spring semester and seeks to build upon the success of previous Housebill Surveys and analyses. Previous reports have been placed in your group’s individual FCI locker (see below for details).
Previous years’ results and surveys can be found below:
The results of the all Housebill Surveys are distributed to each house’s online FCI document locker, which you can find by logging in at: http://inside.fsilg.coop (If you are unsure of your username / password, contact Scott Klemm at sklemm (at) fsilg.coop.) Located in the “Other Documents” section of your locker you should find:
- “20xx AILG Housebill Analysis – Full Report” – the full report containing all charts, narrative and anonymous, summarized data
- “20xx AILG Housebill Analysis” – a personalized report for your own organization that details your own organization’s data
Long-Term Maintenance Funding Study
The Finance Committee has been examining the topic of what member organizations are doing to set-aside funds for long-term maintenance / capital improvement. A goal being to help identify “best practices” and perhaps some sort of financial model that can help member organizations be thoughtful about financial planning for long-term maintenance and capital needs. If you have suggestions or requests regarding this study, please contact Ernie Sabine (esabine (at) alum.mit.edu).
FSILG Fundraising Seminars
From time to time, the AILG Finance Committee organizes Fundraising Seminars. The most recent was held on Thursday, April 23, 2015. The slides can be found HERE and the contact list is posted HERE. The slides for the February, 2014 seminar can also be found HERE. These seminars are intended for all FSILG officers contemplating or starting a fundraising campaign. MIT has a lot to offer
Information produced and shared as part of this Financial Study will only be presented anonymously and will not be identified by specific house.
For More Information
If you have any questions, comments or suggestions about the Housebill Survey or Financial Study, please contact Ernie Sabine (esabine (at) alum.mit.edu).