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Plenum 2024-09-03 Minutes

Venue

20:06 Open

Credentials

  • Present: Benji, Val, icedwater (jitsi), Dragonboat21, Matt, Nm (spectate mode)
  • Apologies: Robert, JenD, icedwater's audio

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

Significant changes to regular expenses (if any)

Regular ExpensesAmountFrequencyMonthly Cost (amortised)
Rental250012$ 2,500.00
Utilities (est'd)25012$ 250.00
Internet10112$ 101.00
CorpSec2612$ 43.50
Accounting/Corp Services (est'd)30001$ 250.00
Aircon1804$ 60
$ 3,204.50

Space electricity consumption (Valentine)

  • 474kWh total in August 2024, for a total of ~$157.90.
  • Approx. 2.5–3.5 kWh/hour during normal use, or ~$0.75–$1/hour at $0.3257/kWh (current electricity tariff)

Memberships/Contributions (Valentine)

Update on new members and contributions

  • No (idea on) changes to the following:
    • New members
    • Downgrades
    • Upgrades

Current membership/contribution breakdown by tiers

TierCount
166
320
647
12810
2560
5120

New business

Membership plans

  • Update on Hackerspace 365.
    • actions needed to promote this, in Telegram and other channels
    • considered SaaS-like bulk discount membership
  • Cash flow is king: let's give discount for annual payments? And introduce prorated refund policy.
    • pledged memberships can be converted to monthly membership with prorated refund
  • Spreadsheet
  • Discussed visited locations on spreadsheet.
  • Highlights:
    • Hoa Nam option #02-04/#02-05 is a shop, no aircon after hours, no escalator, no water point, and weird corridor space
    • Kaki Bukit Synergy one with mezzanine pretty cool
    • Prosper needs renovation, big minus. Also regular MRT noise can be quite a drag
    • More details and opinions needed from all (on Telegram also)
  • Try to arrange more viewings (Val)
  • Reconvene for further discussion in two weeks

Sponsorship tiers

  • Pull request will be made for comment (Val)

Future plans

  • Not discussed, beyond the above

Any Other Business (AOB)

Next meeting

  • 2024-09-17 20:00 tentative

21:05 Close (approx)