Cost Structures Sample Clauses

Cost Structures. IDEA is based on a value-driven business model with low fixed costs. The board positions on the association are assumed by the association members on a voluntary basis. The position of a steering committee member is unpaid. The cost structure foresees two main groups of costs: ordinary and extraordinary. The ordinary costs, necessary for the maintenance of the association, will be covered by the members‟ dues. All the initiatives of the association must be self-financing. The extraordinary costs are those corresponding to these specific initiatives (both promoted by the association members or as services to third parties). In these cases, the initiatives must have their own sustainability plan, ensuring all the required incomes to cover its costs (could be via sponsorship, public funds, customer contribution, extraordinary members‟ dues or others). The costs supported in 2016 for the establishment of the association (preparation of the Statute, notary services and registration, acquisition of the URL xxx.XXXX.xxx + other 5 extensions, organization of the first general assembly) will be covered by the 2016 members‟ dues. Among the ordinary costs already foreseen for 2016 are included the association visual identity, the IDEA website (software development, graphic design, editorial activity, server, maintenance of the URL domains), the dissemination and communication actions (ex. printed material), the office equipment and supplies as well as other general expenses (rent, heat and lights, water, insurance, Internet access, etc.).