Finances

=Financial Information=

Current Monthly Expenses
As of fourth quarter 2019, we pay roughly $10,000/month for various expenses. However, these calculations do not include various unexpected costs, such as roof repair, sewer lateral, etc. We are attempting to build a capital reserve fund with a combination of event rental income as well as grants and large donations. Currently, we have an operational reserve fund of approximately $30K.

Mortgage
Starting Jan 1st, 2017 we officially stopped paying rent and started paying off a mortgage loan! Our loan is for $975,000 at 5.5% interest, with a balloon payment due Jan 1st, 2021.
 * $5,365.61 + 5.5% ($312.28) = $5,677.89/mo

Utilities

 * Gas & Electric - ~$1,600/mo
 * Water - ~$300/mo
 * Garbage & Recycling - $915/mo
 * Internet - $165/mo

Insurance

 * Directors & Officers Insurance - $178/mo
 * General Liability - $285/mo
 * Property - $578/mo

Other Expenses

 * Maintenance & Building Supplies - ~$500/mo
 * Independent Contractors: ~$1000/mo

'Total: ~$11,000'

Revenue from Member Collectives
'Total: $5,851/month'
 * Chiapas Support Committee: $206
 * Counter Culture Labs: $2120
 * FYE: $400
 * Global Women's Strike - Omni Collective: $200
 * Liberated Lens: $300
 * Phat Beets: $625
 * Sudo Room: $2000

Revenue from Other Supporters

 * The Commons Working Group works with many different groups and individuals that rent out spaces in the Omni on a sliding-scale basis. On average, space rental generates between $4000-$6000 each month. A fun working group that could always use more volunteers, ping the list to help with event coordination!
 * We are currently researching grants for capital improvement projects, such as building accessibility, kitchen remodeling, and structural improvements. Please drop us a line at fundraising AT omnicommons DOT org if you have any suggestions, or come to a Fundraising Working Group meeting!

= Financial Statements =

Sudo Room (Nov 2013-Nov 2016) > Omni Commons (Nov 2016-Current)

 * 2018 Profit & Loss: [[File:OC_ProfitAndLoss_2018.pdf]]
 * 2018 Balance Sheet: [[File:OC_BalanceSheet_2018.pdf]]
 * 2017 Profit & Loss: [[File:OC_ProfitAndLoss_2017.pdf]]
 * 2017 Balance Sheet: [[File:OC_BalanceSheet_2017.pdf]]
 * 2016 Profit & Loss: [[File:OC_ProfitAndLoss_2016.pdf]]
 * 2016 Balance Sheet: [[File:OC_BalanceSheet_2016.pdf]]
 * 2015 Profit & Loss: [[File:Sudo_ProfitAndLoss_2015.pdf]]
 * 2015 Balance Sheet: [[File:Sudo_BalanceSheet_2015.pdf]]

Omni Oakland Commons

 * 2017 Profit & Loss: [[File:ProfitAndLoss_2017.pdf]]
 * 2017 Balance Sheet: [[File:BalanceSheet_2017.pdf]]
 * 2016 Profit & Loss: [[File:ProfitAndLoss_2016.pdf]]
 * 2016 Balance Sheet: [[File:BalanceSheet_2016.pdf]]
 * 2015 Profit & Loss: [[File:ProfitAndLoss_2015.pdf]]
 * 2015 Balance Sheet: [[File:BalanceSheet_2015.pdf]]
 * 2014 Profit & Loss: [[File:ProfitAndLoss_2014.pdf]]
 * 2014 Balance Sheet: [[File:BalanceSheet_2014.pdf]]

= 990 Tax Forms =

Sudo Room (2013-Nov 2016) > Omni Commons (Nov 2016-Present)

 * 2018 Form 990: [[File:OC_2018_990.pdf]]
 * 2017 Form 990: [[File:OC_2017_990.pdf]]
 * 2016 Form 990: [[File:OC_2016_990.pdf]]
 * 2015 Form 990N: [[File:Sudo_990_2015.pdf]]
 * 2014 Form 990: [[File:Sudo_2014_990.pdf]]
 * 2013 Form 990: [[File:Sudo_2013_990.pdf]]

Omni Oakland Commons

 * 2017 Form 990: [[File:OOC_2017_990.pdf]]
 * 2016 Form 990: [[File:OOC_2016_990.pdf]]
 * 2015 Form 990: [[File:OOC_2015_990.pdf]]
 * 2014 Form 990: [[File:OOC_2014_990.pdf]]