NonprofitsOpen Community Foundation

Public & Societal Benefit

Open Community Foundation

SAN FRANCISCO, CA

Total revenue

$1.9M

Total expenses

$1.9M

Net assets

$15.8M

Grants received

EIN

873982059

Tax year

2024

Mission

The purpose of the corporation is to further the common good and general welfare by creating a global, open, and decentralized social platform that promotes users' happiness and wellbeing and where users own and control their identities, content, and communities.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$1.9M
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$542K
Fundraising
Other expenses$1.3M
Total expenses$1.9M
Total assets$15.8M
Net assets$15.8M

People

4 listed

NameRoleCompensation

SUREN SAMARCHYAN

CHAIRMAN AND CEO

Board

$288K

40 hrs/wk

HEIN ROEHRIG

CTO (THRU 11/30)

Board

$222K

40 hrs/wk

SERGIO MELLO

SECRETARY AND TREASURER

Board

0.2 hrs/wk

MICHELLE B REAVES

DIRECTOR

Board

0.2 hrs/wk

Independent contractors

NIKOLAI KUDASHOV

ENGINEERING SERVICES

$139K

DENIS ZAITSEV

ENGINEERING SERVICES

$135K

DMYTRO KRAVTSOV

ENGINEERING SERVICES

$114K

ADELE BLOCH

PRODUCT MANAGEMENT SERVICES

$105K

Details

EIN873982059
NTEE codeW99
Subsection04
Ruling date2022-09
Formed2021
Employees2
Volunteers2
OPEN COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo