TITLE : The Other Side of the Coin: Exploring Earned Income Possibilities
CITY : New York , NY
DATE : Tuesday, October 19, 2010
TIME : 8:30 AM - 12:00 PM
PRICE : $ 110.00
The Other Side of the Coin: Exploring Earned Income Possibilities
 

Earned income is any income which a nonprofit receives from sources other than contributions and grants. With increasing competition and dwindling resources, it is more crucial and more critical than ever before that nonprofit organizations fully and creatively explore earned income possibilities, not only for simple survival, but also for the development of new and innovative programming. Nonprofits that sell products or offer income generating services are more common than you may realize.

In this session, we will cover topics such as the following:

-Tips on assessing whether your nonprofit is ready to tackle this important form of revenue generation
-Linking Earned Income to your organization’s Mission
-Identifying present organizational earned income strengths and weaknesses
-Exploring innovative, creative earned income possibilities
-Unrelated Business Income Tax (UBIT) - General Rules
-Earned Income Case Study & Success Story
- Ways to measure success & avoid failure

This session will prepare you with tips, tools and knowledge to start up or advance earned income at your nonprofit and secure your organization’s future.

This session is intended for Executive Directors, Chief Operating Officers, Chief Financial Officers and Board Members.
Speakers for this session:

Honie Ann Peacock
President
HAPnings now inc.

Honie Ann has had a corporate HR career and founded 5 businesses. In her current position as President /Founder of HAPnings now inc. she is a consultant to non-profits, & women and minority-owned businesses. As a former President and Founder of Change 2000 Inc., Honie Ann established a nonprofit in culinary arts, a new paradigm of a school-to-work initiative for high school students majoring in culinary arts. The sale of the Firm's products and services represented 50 percent of the organization's budget. The program succeeded by operating greenmarket stands, wholesaling to organic markets, catering, and running the food svce at Riverside Church - cafe 6days/wk, catering 7/days/wk. She currently runs her consulting practice and is a Trustee of the CLK&CM Foundation. She earned a B.A. in History of Art from The University of Michigan, a MSW from Columbia University, has a Food Mgmt.Certiicate from the New School and studied at the Natural Gourmet Institute for Food & Health..

Joseph Townsend
Sr. Vice-President Social Services & Social Enterprise
National Executive Service Corps. (NESC)

Joseph has been a Senior Financial/Operations Executive with Club Med Inc. and has extensive experience in the International resort/leisure industry. His organizational background is broad and his accomplishments are numerous. From 1984 to 1997 he was successively Treasurer, Secretary Treasurer and Senior Vice President for Club Med Inc. (NYSE). He was from1972 at first Controller and then Senior Vice President and CFO for Club Med Sales Inc. (marketing company). He has had additional professional accounting and financial experience at the Kenton corp. (retail), International Telephone and Telegraph and Holt Rinehart and Winston (publishing). From 1998 until 2006, Mr. Townsend was an Investor and provided Financial/Operations consulting services to the International resort/leisure industry. Joseph joined the National Executive Corps (NESC) as its new Senior Vice President for Social Services and has been a consultant since 2006. He is responsible for developing Earned Income Programs for nonprofits which provide consistent cash flow by identifying, creating, and implementing commercial activities that leverage, employ and/or monetize the human, physical, technological, and social assets of an organization. At Club Med he was among the first who created organized bartering programs which leveraged unused hotel beds and airline seats for media time.

 

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