22 Jul
2021
22 Jul
'21
1:24 a.m.
Dear Sudo Room,
Here's your invoice! We appreciate your prompt payment.
Thank you for stewarding the commons.
Love and solidarity,
Omni Commons
---------------------------------- Invoice ---------------------------------
4799 Shattuck Ave
Oakland, CA 94609 US
https://omnicommons.org
Invoice #: 2396
Date: 08/01/2021
Due Date: 08/25/2021
Terms: Net 25
Amount Due: $20,000.00
----------------------------------------------------------------------------
Bill To:
Sudo Room
4799 Shattuck Ave
Oakland, CA 94607
----------------------------------------------------------------------------
****************************** Account Summary *****************************
07/01/2021 Balance Forward $18,000.00
Other payments and credits after 07/01/2021 0.00
New charges (details below) 2,000.00
Total Amount Due (activity through 08/01/202 20,000.00
****************************************************************************
<u> Date </u><u> Activity </u><u> Qty
</u><u> Rate </u><u> Amount </u>
08/01/2021 Furnishing Fa 1 2,000.00 2,000.00
____________________________________________________________________________
--------------------------------------
Total Of New Charges: $2,000.00
Total Amount Due: $20,000.00
Greetings Sudo Room!
This is your monthly donation invoice. Thank you for stewarding the
commons!
Love and solidarity,
Omni Commons Finance Working Group
2:38 p.m.
As I understand it (and Jenny can correct me), these are automated. Since I
started doing the bookkeeping, I haven't done anything about the invoicing
as I didn't want to overstep, and I felt like I needed a specific "problem"
to fix with regards to the invoicing. That is, if it is a problem.
What is shown is based on what's in the QBO system.. The "balance forward"
is the total rent owed (including back rent). The "new charges" are the
current rent -- I think it is for August -- so next month's rent, giving
people 10 days in advance of the 1st of the month when Omni is supposed to
make the mortgage payment for which these rents go towards.
There is a bunch of money in Sudo's account at Unify that Omni has access
to, but I felt like Finance needed authorization from Sudo to transfer it
to one of Omni's general accounts and apply it to "back rent." Those funds
are still Sudo's money.
Also, if Sudo would like some or all of the back rent waived (due to Covid)
then it is my understanding that Finance supports that proposal, but a
formal proposal would have to be made by someone from Sudo and submitted to
delegates -- at least that was the consensus at the delegates meeting a
month ago when I tried to get the back rent waived on Sudo's behalf.
SL
On Thu, Jul 22, 2021 at 2:25 PM Jake <jake(a)spaz.org> wrote:
23 Jul
23 Jul
7:24 a.m.
New subject: [omni-finance] Invoice 2396 from Omni Commons
Thanks, Sarah! Completely accurate on all counts.
These are automated invoices and it's been this way since 2014.
Sudo has $8,400 in the bank, thanks to some recent generous donations.
We officially owe Omni $20K in back rent.
What I think Sudo should do is:
- Requesting all back rent be forgiven due to the pandemic (see: FYE's
recent proposal);
- But also that half of the amount owed should be written off as a
work-trade amount for the labor cost of upgrading the building's
electrical (thank you Jake, Alex, yar, and others who've been working on
this!!) which I believe was quoted to us as somewhere between $7500-$10,000;
- Keep what's in our account ($8,400) for a cushion so we can begin to
pay again starting next month, and use the remaining funds to upgrade
the space (flooring, ventilation, etc) as we've been discussing for
awhile now;
- Work on membership recruitment, reactivation, and ensuring we're net
positive (raise monthly income from $1200 to at least $2200/month);
- We should also work with Noisebridge on a donor-matching fund, which
they've been very generously discussing, and raise something in the
realm of $20-50K for Omni as a whole;
- and ask for more money from Handshake :)
Would be great if some folks could take up the above proposals for
community discussion!
Much love,
Jenny
On 7/22/21 5:38 PM, Sarah Lockhart via finance wrote:
1389
days inactive
1397
days old
4 comments
4 participants
participants (4)
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Jake -
Jenny Ryan -
Omni Commons -
Sarah Lockhart