O&D Meeting 11/19/2024

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Agenda

Old Action Items

  • MemStim - Danielle/ Tif
  • Talk to MemStim - Danielle
  • Revision the Wavier Stuff - Raj
  • Tiff is on it for sewing machine repair - Tiff
  • Have more hack-a-thons. - Everyone
  • Look at insurance stuff - Raj
  • Once Raj gets back with insurance quote, message landlord. - Kevin
  • Ask Barret if we can paint wall and put a hand rail-Kevin
  • Purchase Air Compressor and Stickers - Adam and Tif
  • Sewing machine Fap Rerun - Table
  • Nov 2nd member discussion @ noon - Everyone
  • Negotiate Lease - RAJ and JIM!


Old Business

  • Lease
  • Lawyer Stuff / Wavier
  • Mural discussion - Adam
  • Promotional Materials - Adam
  • OOPS
  • Dues increase
  • Woodshop Flyer (Metal Shop Flyer?)

Membership Report

  • October membership is the same as September at 78 souls.
  • November membership is projected to be down due to the loss of perhaps 4 or 5 member's payments for assorted reasons.
  • This is the link to the report: LVL1 - 2024 Membership Goal and Trend 202410.pdf

Treasurer Report

  • GOOD NEWS! = October was our BEST financial month of the year. Three revenue/expense events combined:
    • (1) a one-time $497.42 revenue bump from DanielJ's "MightyCause" CHARITY event,
    • (2) a now recurring $165.70 in earned interest from the Live Oak Bank business savings account
    • (3) an LG&E utility bill of only $603.73 (compared to a high $1,110.71 in March and low $539.94 in June)
    • This month's revenue is where it should be if we could GROW membership.
    • Unfortunately, next month's (November) revenue is not projected to sustain this level.
  • Expense is trending on target.
  • Net for October is cash positive $1,502.66 (the year's best) but the year's net trend remains below target.
  • We need membership growth to improve revenue.
  • This is the link to the report: LVL1-FinancialSummary-202410.pdf

New Business

Member Violation - odors in the space

QR Qode Things

Round Table

Action Items for Next Meeting

Talk to David about Air Compressor T minus 4 days - Tiff

Talk to Raj at 3:30 pm - Kevin P. and Jim

Run Insurance numbers - Kevin P. and Jim

Pike 13 Dues stuff - Jim and Kevin P and Danielle

Email Directors about dues chart - Jim

Tell Members about the suspension of member and member himself - Danielle

Email Parking QR Code people - Kevin F

Minutes