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Summary: Learn how to bring on staff for a non-profit organization in this free business startup video from our management expert on non-profit organizations.
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Hi! This is Jim Goettler with Expert Village and this is a video about how to form and operate a non-profit organization. Eventually, you are going to find yourself wanting to bring on a staff person or two with the organization. A very good chance that the first person is going to be a director or facilitator, call it what you will and the second person is going to come in and help you with development which is a nice word for fund raising. Either these positions can be contracted or they can be staffed. If they are contracted, they need to be for a set amount. There are rules that require you to basically not benefit anyway from a non-profit which means that you can't raise the salary if things are going well and drop the salary if things are going poorly. It has to be a set amount based generally on market value but you need to bring these two people in earlier than later. They will help you facilitate all the process that you want to go through so that your board can become a board and the operations then can be handled by your director and or your development officer who is your oversight of all your fund raising. It is when the organization makes a big leap. The next big leap of course I will cover in the next segment which is actually filing your 1023 to become a non-profit organization under the 501 C3 Rules of the IRS.