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Biannual Fee Schedule

For Timebanks that have completed their first year* 

Range of Members        1st Biannual Fee  +    2nd Biannual Fee        Annual Fee

 

                                              Due March 31                Due Sept 30              Total

 

1 -34                                              $30            +               $30                         $60        

 

35 – 49                                          $60            +               $60                         $120

 

50 -79                                           $90            +               $90                         $180

 

80- 99                                         $120            +              $120                        $240

 

100 – 119                                     $160            +              $160                        $320

 

120 – 149                                     $200           +              $200                       $400   

 

=======

 

150 – 199                                     $240           +               $240                      $480

 

200 – 249                                    $340           +              $340                       $680

 

250 -349                                     $440            +              $440                      $880

 

350 – 499                                    $590            +              $590                      $1,180

 

500 – 749                                    $880            +             $880                      $1,760

 

750 – 1000                                 $1,200          +             $1,200                   $2,400

 

1000+                                         Negotiated.

 

*Start-up fee for new timebanks also covers hosting, tech support, etc for one year.  Biannual Fees begin in year 2. (See the example below.)

** The line between the 120-149 range and the 150-199 range shows the break between smaller timebanks which have smaller increases in number of members for each range, and larger timebanks with larger increases. This grading keeps fees stable, working out at around $3.50 per member per year at the start of each range to $2.50 at the end of each range.

Community Weaver fees are based on the following 8 Principles:

  • Fees are assessed on timebanks, not on individual members.
  • Fees are based on ranges of timebank members, example 35-49 members
  • The ranges achieve small changes in per-member costs when moving from one range to the next.
  • Timebank fees are charged on a biannual basis (that is, two times a year), due March 31 and September 30.
  • The range for your timebank is determined by the number of members, counted at a point in the period Jan 7 to Jan 15 and again in the period July 1 to July 15.
  • If, in July, your timebank’s membership growth (or decrease) has put your timebank into a new range, your second biannual payment will be in accord with that range.
  • Timebanks that use one instance of Community Weaver will be treated as one timebank.
  • Start-up fee for new timebanks also covers hosting, tech support, etc for one year.  Biannual Fees begin in year 2. (See the example below.) The starting date for timebanks is established when a timebank URL is activated.

A Fictional Example Showing Fees Invoiced and Paid

 

Unity In Community TimeBank = UCTB

 

          Date                                               Action

 

February 5, 2018                    UCTB applied for CW3 site and paid a start-up fee

 

February 11, 2018                  UCTB CW3 site and URL activated, start of 1st year begins

 

July 2018                                UCTB members are counted. No hosting fees in year one

 

January 2019                          Members are counted. Hosting fees will begin March 1, 2019

 

February 11, 2019                  UCTB 1st B’day. Free period extends to the end of the month

 

March 31, 2019                      1st biannual pro-rated fees due

 

 

 

Fees and Payment Detail for 2019 and 2020:

 

Year 2019

 

January Invoice = 12 members counted — first biannual fee of $30 will be pro-rated.

 

Fees are pro-rated to cover March thru June @  66% of $30 = $20, due Mar 31

 

In March, UCTB pays the first biannual fee of $20   

 

July Invoice = 13 members counted — second $30 biannual fee level unchanged.

 

Biannual fee for 2nd half of year = $30 due September 30.

 

In July, UCTB pays the second biannual fee of $30

 

Total 2nd Year Annual Fee paid in 2019 =  $50

 

 

 

Year 2020

 

January Invoice  = 28 members counted —  $30 biannual fee level unchanged.    

 

UCTB is invoiced and again pays the biannual fee of $30

 

July Invoice  = 36 members counted — new biannual fee level of $60.

 

Biannual fee for 2nd half of year = $60 for 35-49 members.

 

UCTB is invoiced and pays the new biannual amount of $60

 

Total 3rd Annual Fee paid in 2020 = $90

 

 

 

 

A second example showing how the biannual fee structure operates:

 

Community Weaver Fee Structure

 

Example Two: Good4Us TimeBank.

 

Year 2019:

 

January Invoice = 124 members counted. Range 120-149, Fees applied

 

First Bi-annual fee = $200 for 120-149 members, due Mar 30  

 

Good4Us pays $400 to cover first and also projected second bi-annual fees.

 

July Invoice = 143 members counted — fee range unchanged.

 

Second Bi-Annual fee = $200 — already paid.

 

Good4Us has already paid both bi-annual fees, and is good to go!

 

Total Annual fee paid in 2019 =  $400

 

 

 

Year 2020:

 

January Invoice  = 149 members counted — fee range unchanged.    

 

First Bi-annual fee = $200

 

Good4Us again pays for both bi-annual fees $400

 

July Invoice  = 154 members counted — new fee range 150-199 members

 

Bi-annual fee for 2nd half of year = $240 for 150-199 members.

 

An adjustment is made by subtracting $200, already paid, from $240.

 

Good4Us is invoiced the adjusted amount of $40 for the 2nd half year.

 

It pays the invoice in September, 2019

 

Total Annual Fee invoiced and paid in 2020 = $440