Membership
Members get:
Access to the shared library of books, gear, toys, and tools.
An email address @hackerspace.sg*
24 hour keypad code access to the facility.
A customizable business card identifying them as a member of the hackerspace.*
* Upon request
Expenses
The main operating expenses are:
- Rent =
$3800$4000 (caa Nov 2011) - Utilities = $1000
The main capital expenses, to be amortized over a 1 year period, are:
- fridge
- desks and chairs
- keypad access security system
- lockers
- sofas
- other furniture
- insurance
- corporate administrivia like filing fees
- TOTAL ESTIMATED AMORTIZATION = $1000 per month
Total monthly expense: $6,000
Fees
To fund operations, hackerspace.sg collects monthly membership dues.
We require an upfront payment of 3 months, 2 of which will be refunded upon departure (in full) or downgrade (pro rata).
We require that new members commit to 6 months of membership.
Membership fees are intended to cover operating expenses and fund capital improvements to the facility.
On 20090928 Meng proposed the following membership tiers.
| Level | Monthly | Added Benefits |
|---|---|---|
| Resident | $512 | A dedicated desk 7 days a week for co-working. You can keep your crap at the desk. |
| Hotdesk | $256 | A non-dedicated desk should be available whenever you drop in (oversubscription may occur at peak hours, we aim for 90% availability). You cannot keep your crap at the desk. |
| Regular Member | $128 | Hang out on the sofas. Keep your crap in a locker (rental rates applicable). Use the workbench. Keep your toys and tools onsite. |
| Youth Member | $64 | If you’re a student or you’re broke, all the benefits of regular membership at a reduced rate. |
| Sponsor | >=$1024 | For wealthy individuals to show support for the hackerspace. Contact mengwong directly if you want your donation to be anonymous. |
| Guest | $0 | For infrequent visitors or foreign travelers. Must be accompanied by a member. |
Revenue Forecast
Right now we forecast:
5 Resident members @ $512 = $2560
5 Hotdesk members @ $256 = $1280
10 Regular members @ $128 = $1280
5 Youth members @ $64 = $320
total operating budget = $5440
We might take in between $200 and $1000 per month in venue rentals for meetups, parties, etc.
We also expect to take in about $100 a month profit from F&B.
If more people sign up than we had expected, we may be able to adjust membership fees downward!
I’m in, how do I sign up?
If you can commit to 6 months of one of the above membership levels, and can pay for the first three months right now, pick up a membership from HackerspaceSG. Hang out at HackerspaceSG for a week, just so that we can know you better, and so that you are sure that your really want to be part of the community.
Complete the form and pass it to any member, who will ensure that the form is passed on to the Membership BOFH.
Then, transfer funds, by doing a direct bank transfer to the Hackerspace.sg Standard Chartered bank account:
Bank code: 7144
Branch code: 057
Standard Chartered Account: 5701304090
Alternatively you can also use Paypal to enter a regular monthly subscription. Please note that fees levied by Paypal will be absorbed by you.
Other payment methods include cheque and giro and are detailed on our Wiki Pledge Page
After completing payment, please follow up with an email to membership [at] hackerspace [dot] sg with the subject “Hackerspace Pledge” with your name and transaction details immediately following a transfer, thanks.
We reserve the right to reject membership applications for any reason.
Organizational Form
We intend to operate like a non-profit, but will incorporate as an LLP or Pte Ltd for convenience.
All finances will be transparently disclosed to the membership.
We intend to operate with a small profit margin.
Any operating surplus will not be distributed to partners or members, but will be directed at activities approved by the hackerspace.sg board of directors. Current plans for any operating surplus include plans to half the membership fees and also to rent a bigger space.
Until we have membership agreements properly set up, Meng will own and run the corporation on a provisional basis.
