Management, Governance, and Staffing
management and governance policies do more than just keep a center
running. They are key to developing and maintaining community and
financial support. A sound accounting system and 501(c 3) nonprofit
status will often determine if a potential funder is willing to
is a direct relationship between a center's success and its organization
and management. The way a governance structure is established and
the role residents have in the decisionmaking process will determine
how well the center is able to meet the needs of the community it
serves. When developing your center's business plan, consider the
you have a residents' committee? A residents' committee is
composed of people in the community who will actively participate
in the center. Their input will ensure that the center meets the
needs of the community. The committee can propose ideas to the
center director for review and consideration.
you have an advisory board or a board of directors? If not,
when will the board be established? Describe the advisory board,
board of directors, or your plans to establish one.
the organization have bylaws? If no, when will the bylaws
be developed and presented for approval?
the center a 501(c)(3) tax-exempt nonprofit organization?
Fundraising can be significantly easier as a tax-exempt nonprofit
organization. There are, however, alternative ways to take advantage
of 501(c)(3) funding, such as forming a consortium with a qualified
nonprofit organization in the community or within your property,
such as a residents' group.
infrastructure. Is there an accounting system to track money
received and money spent? If no, when do you propose to have a
system in place? Describe who will handle accounts, and what accounting
method the center will use, including any automated/ computerized
policies and procedures: Does the organization:
employee benefits? |
a personnel manual? |
a staff training plan? |
a staff evaluation plan? |
paid staff or volunteers or both? |