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- Assets: Total current value of all equipment, money and other possessions of the collective. Computers are typically owned by individual members, and not the collective. Technological physical assets are depreciated on a 3-year straight line schedule, items such as shelving and racks are held on the books at their purchase price unless they become damaged or are sold.
- Member: A person or entity (currently all members are persons) that is part of the collective. Members share equally in all costs and decision making.
- Fees: All service costs incurred by the collective.
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- Colo: The collective location, where the network connection, routers, computers, and other assets are located. Currently in Metuchen, NJ.
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- Colo: The collective location, where the network connection, routers, computers, and other assets are located. Currently in Clifton, NJ.
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- Membership
- Joining members may be accepted into the collective at any meeting. Upon joining, new members assume as a liability their equal share of the assets - 1/(number of members before new member joined).
- Members accept responsibility for an equal share of all fees, new asset purchases and sales, and depreciation that occur between their joining and leaving dates.
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