Select an organizing committee of individuals that might be interested in attacking this issue. At this stage, it’s wise to select individuals that can see the big picture and the long road. Individuals that are doers have a hard time during the development stage sitting around talking and planning. They want to be doing, not talking! Click here for our fact sheet on collaboration.
- Goals and objectives
- Business plan
- Resource plan – e.g. people, things, money that you will need
- Program guidelines
- Is there enough commitment to make the plan work?
- Is there enough access to resources to make plan work?
- Is your plan meeting the needs of homeless veterans within your community?
LEARN ABOUT NONPROFIT ORGANIZATION MANAGEMENT
Effective Board Development
- Board of Directors
- Risks, responsibilities, recruitment, demographics and client representation
- Committee structure
- Executive committee
- Tips for Grantseeking
- Restricted funds versus unrestricted funds
- IRS 990 filing requirements
- Charitable solicitation requirements
- Director and officer liability insurance
Apply for 501(c)(3) IRS tax-exempt status
- Obtaining a 501(c)(3) status gives the organization access to grants from federal and state governments, as well as private and corporate foundations.
- The process takes 2-6 months, from filling out an application to receiving ruling from the IRS. The complete process is described here.
- It will be necessary to have a mission, business plan, budget, bylaws and a board of directors before applying.
- Each state has different requirements to become a nonprofit organization. Check these requirements prior to completing IRS application.
Participate in Local Homeless Coalitions
Develop partnerships that will assist in meeting the needs of homeless veterans.
- Often local coalitions assign or influence the priorities for government funds. If you are not at the table, you will be less likely to receive a share.
Develop a Public Education and Marketing Campaign
- Brochures or one-piece information “fact sheets” are helpful to educate or request investments from the community. Make sure yours look professional and answer the basic who, what, where, when, why and how questions.
- Prepare several individuals to be speakers for the organization. Educating the community often happens at organization meetings, and you need a representative that can face an audience and gain their support.