Plenum 2024-06-05 Minutes
Venue
20:20 Open
Credentials
- Present: Benji, Robert, icedwater, Jen, Valentine
- Apologies:
Reports
Regulatory (Valentine)
- ACRA Annual Report: Up to date. Next due 30 Apr 2025
- IRAS tax filing done for YA2023; next one is due 30 Nov 2024 for YA 2024
- IRAS: ECI: Up to date: Next due 31 Dec 2024
Finance (Jen)
Cash
- $6249.39 in the StanChart+PayPal as of 30 May 2024
- Actually $??.??, because we took a $15K interest-free loan
- $171.28 in GitHub Sponsors as of 15 May 2024
- $262.69 from Stripe
- 0.66914519 in BTC
Accrual (up/down $?/month)
- Including predicted upcoming costs amortised monthly, we are down $??.?? a month
Significant changes to regular expenses (if any)
| Regular Expenses | Amount | Frequency | Monthly Cost (amortised) |
|---|---|---|---|
| Rental | 2500 | 12 | $ 2,500.00 |
| Utilities (est'd) | 250 | 12 | $ 250.00 |
| Internet | 101 | 12 | $ 101.00 |
| CorpSec | 240 | 2 | $ 40.00 |
| Accounting/Corp Services (est'd) | 3000 | 1 | $ 250.00 |
| Aircon | 180 | 4 | $ 60 |
| $ 3,201.00 |
Space electricity consumption (Valentine)
- 455kWh total in May 2024, for a total of ~$147.74.
- Approx. 2.5–3.5 kWh/hour during normal use, or ~$0.75–$1/hour at $0.3247/kWh (current electricity tariff)
Memberships/Contributions (Valentine)
Update on new members and contributions
- No changes to the following:
- New members
- Downgrades
- Upgrades
Current membership/contribution breakdown by tiers
| Tier | Count |
|---|---|
| 16 | 6 |
| 32 | 0 |
| 64 | 8 |
| 128 | 10 |
| 256 | 0 |
| 512 | 0 |
New business
336D lease and future plans
- Renew another two years at potentially higher price?
- Likely not
- Go somewhere else
- Benji: somewhere smaller/more accessible
- Robert: what is the targeted rental
- Val: can try to get GopherCon sponsor another $1k/month
- Maybe can use current membership + 1k as budget
- icedwater: where are our options
- Val: HDB has strict usage policy which may not align with our activities, e.g. office work only
- Also, hardware room may not be possible to ventilate properly
- Will mainly have to look at commercial spaces
- Robert: just saw 475sqft option Kelantan Lane
- Another option Upper Boon Keng Road
- Val: 4 people filled up the Hackerspace 365 form to commit to a $32 membership for one year
- Val: need to cater for those who may not be able/willing to commit to memberships
- iced: schedule in-person meetup around end of June for subsequent detailed discussion
- iced: ideas for space v4, potential locations
- Jen: get enough for the deposit + cost of moving
Any Other Business (AOB)
- SCB is a pain to use these days
- Consider changing bank?
Next meeting
- 2024-07-17 20:00 tentative (tentatively scheduled for 3rd Wednesday of every month, but subject to change depending on the schedule of key people)