Difference between revisions of "Rent"

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(added basic finance info from Dec-March)
 
(added rise above)
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=How do we pay the rent?=
 
=How do we pay the rent?=
Each member-collective pays a fixed monthly rent to the Omni Commons, which in turn pays rent to the owner of the building.
+
Each member-collective and tenant pays a fixed monthly rent to the Omni Commons, which in turn pays rent to the owner of the building.
 
* Bay Area Public School - $1000 flat (to be reassessed in April 2015)
 
* Bay Area Public School - $1000 flat (to be reassessed in April 2015)
 
* Counter Culture Labs - $2000 + shared expenses
 
* Counter Culture Labs - $2000 + shared expenses
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* La Commune Cafe and Bookstore - $1000 + shared expenses
 
* La Commune Cafe and Bookstore - $1000 + shared expenses
 
* Material Print Machine - $600 + shared expenses
 
* Material Print Machine - $600 + shared expenses
 +
* Rise Above Graphics - $1000 + shared expenses
 
* Sudo Room - $2000 + shared expenses
 
* Sudo Room - $2000 + shared expenses
 
* Timeless, Infinite Light - $400 + shared expenses
 
* Timeless, Infinite Light - $400 + shared expenses

Revision as of 15:26, 23 March 2015

The Omni Oakland Commons has a 3-year lease agreement with two options to renew, and an option to purchase the building at 1.95 million USD. Our base rent is $13,000/month. Other monthly expenses (utilities, taxes, insurance and loan repayments) will be calculated on this page in the near future.

How do we pay the rent?

Each member-collective and tenant pays a fixed monthly rent to the Omni Commons, which in turn pays rent to the owner of the building.

  • Bay Area Public School - $1000 flat (to be reassessed in April 2015)
  • Counter Culture Labs - $2000 + shared expenses
  • Food Not Bombs - Does not pay rent; serves as the Omni's 501c3 fiscal sponsor
  • La Commune Cafe and Bookstore - $1000 + shared expenses
  • Material Print Machine - $600 + shared expenses
  • Rise Above Graphics - $1000 + shared expenses
  • Sudo Room - $2000 + shared expenses
  • Timeless, Infinite Light - $400 + shared expenses

We also rent out various spaces in the building on a sliding-scale basis.

  • December 2014: $976
  • January 2015: $1471
  • February 2015: $4176
  • March 2015: $5907.30