DECISION: It was agreed by consensus (all five groups agreed) that the Laredo Housing Coalition should apply to restore its 501(c)(3) status. Below are the items that were discussed for this decision to be made. for becoming a 501(c)(3) Cons of becoming a 501(c)(3) Pro’s organization organization Potential access to other funding Administrative costs (3) sources/grants (5) Increased liability (3) Would provide structure including Management of accountability and a board, bylaws, procedures, new organization, including policies accountability for reaching goals (4) and procedures, staffing, tax referrals, Tax exempt status (3) monitoring and reporting) (3) Validity/legitimacy of organizational Less flexibility infrastructure (3) Franchise tax Include organization, community, Reporting to IRS consumer representation (2) Potential for competition for grants Transparency and funds Single point of contact Need to ID if the organization would Road to sustainability be its own fiscal agent Qualify for insurance and other Requires dedicated funding protections Board/stakeholder commitment and Availability to do more manpower Increase stakeholder commitment Potential lack of interest Hire staff Busy work of being a convener Brings coalition to the next level Committees: Participants discussed the desire to not overcommit and keep the structure moving forward as simple as possible. Committees that could be considered moving forward include: Organizational Structure Committee: charged with forming the 501(c)(3), reviewing bylaws, identifying the role and funding for a coordinator, and identifying leadership System Integration: Committee could build on the work of the Veterans Committee and outreach committees and create flow charts for services, identify opportunities to integrate services, and identify how to better incorporate coordinated entry and HMIS. Policy and Communication: charged with both identifying and advocating for humane policies that impact homeless individuals and those at risk for homelessness and identifying messaging for the community regarding homeless issues and the coalition. Immediate Next Steps Jose Ceballos agreed to send out a meeting invite to the individuals who identified that
DECISION: It was agreed by consensus (all five groups agreed) that the Laredo Housing Coalition should apply to restore its 501(c)(3) status. Below are the items that were discussed for this decision to be made. Pro’s for becoming a 501(c)(3) organization Potential access to other funding sources/grants (5) Would provide structure including board, bylaws, procedures, accountability for reaching goals (4) Tax exempt status (3) Validity/legitimacy of organizational infrastructure (3) Include organization, community, consumer representation (2) Transparency Single point of contact Road to sustainability Qualify for insurance and other protections Availability to do more Increase stakeholder commitment Hire staff Brings coalition to the next level Cons of becoming a 501(c)(3) organization Administrative costs (3) Increased liability (3) Management of accountability and a new organization, including policies and procedures, staffing, tax referrals, monitoring and reporting) (3) Less flexibility Franchise tax Reporting to IRS Potential for competition for grants and funds Need to ID if the organization would be its own fiscal agent Requires dedicated funding Board/stakeholder commitment and manpower Potential lack of interest Busy work of being a convener Committees: Participants discussed the desire to not overcommit and keep the structure moving forward as simple as possible. Committees that could be considered moving forward include: Organizational Structure Committee: charged with forming the 501(c)(3), reviewing bylaws, identifying the role and funding for a coordinator, and identifying leadership System Integration: Committee could build on the work of the Veterans Committee and outreach committees and create flow charts for services, identify opportunities to integrate services, and identify how to better incorporate coordinated entry and HMIS. Policy and Communication: charged with both identifying and advocating for humane policies that impact homeless individuals and those at risk for homelessness and identifying messaging for the community regarding homeless issues and the coalition. Immediate Next Steps Jose Ceballos agreed to send out a meeting invite to the individuals who identified that
FINAL-LHCReport-1-20-17.docx