Wednesday, May 14, 2014

Very good questions regarding Spring Shadows Art Center

I am so excited about the proposed Spring Shadows Art Center and am very happy to be developing this business plan. I still seek board members to serve. One potential board member recently emailed me some questions and after giving these questions much thought, I answered them.
Here are the questions from Melissa and the answers. All comments are appreciated:

Melissa's questions:



  1. Do you have a timeline for the initial funding needed to start up?



As of this time, I do not have a timeline for initial funding, only to say ASAP.



  1. When will the facility open?



When we get funding, as of right now, I am contacting somebody I know who works in upper management in HEB who could point me in the right direction as to who to contact regarding this property. The property is owned by HEB. The realtor handling the property has assured me that HEB will be willing to reimburse anyone who leases the property and does renovations. The property is in disrepair and will need extensive work before it can be opened. I am also in contact with a general contractor. I hope to schedule a meeting with the contractor and the realtor soon. I will also invite you and other interested people to this meeting so you can see the inside and discuss the work that needs completed.



  1. Is there a bookkeeper already in place? If not, how will the funds be escrowed until used?



As of this time, there has not been anyone hired and there is no bank account. I plan to use my own money to get the ball rolling and initiate the 501c3. As soon as that phase is complete, we can open a bank account and hire a bookkeeper.



  1. A list of employees was included in your proposal; are the employees the board members?



There are no employees at this time. I do not have any firm board members. To initiate the process, I need three people to serve on the board besides myself. I'm familiar with the process of creating a new 501c3 and one of the rules is that employees may also serve on the board. When hiring employees, the board must interview each candidate. If the candidate serves on the board, that candidate may not be involved in hiring for that position. The other board members must agree on the position, duties and salary of the candidate as well as all other candidates without that particular board member present. This is absolutely necessary that all board members sign a release stating that they all agree to this process before being accepted to serve on the board. Therefore, board members cannot hire themselves for any position.


If you are also interested in raising funds for this project, please contact me at confident_realm@yahoo.com
I need all the help I can get.

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