We all know that working in the non profit sector is no get rich scheme. Often you work longer hours and earn less pay in the non profit sector. Just like a for profit organization a non profit organization has to turn a buck to be economically feasible and sustainable. The reward in the non profit sector is that often you can do something you enjoy doing that is fulfilling in your life. It is a great opportunity to help people.
A lot of non profit organizations however are losing their 503 c 3 status, because they are not properly filling out their tax returns. This is sad that it is happening at a time when more people than ever need the help of the non profit sector.
What is the real difference between the non profit organization and a for profit corporation? The real difference between for profit and non profit is how the money earned from the corporations is paid out to the people. This is beyond the scope of this article.
Understanding that we live in a consumer driven economy and the black community is the underserved and underdogs of America. An interdependent black community can be an essential part of the rebuilding of America’s economy. We at the National Community Network and Coalition of Highlands, INC (NCNCHINC) believe that a dead economy is economics not in motion. People are not working because consumer spending is down, because people are not working. It is a catch 22! If we as a community put people back in motion, people will be able to spend more and it would put people back to work. What is work? It is the inclusion into the labor force for compensation.
The only way the black community is going to rebound from the economic crisis, which is a depression among blacks is to recycle. When I say recycle I am talking about moving money within the community and keeping it in the community as long as necessary to produce more revenue. How can this be done?
We have to have a community business plan incentive. Everyone cannot be a beer jug joint or drug dealer. We need essential business institutions to sustain our economic stability. We need a grocery store with food in it. We need our own laundry mate. We need within the community a hair solon and barbershop that also sells hair supplies. We need entrepreneurs to step up and sell vegetables on stands daily in some of our vacant lots and compensate the land owners for the use of his property; they too have to pay taxes. We need black media to define our black people. We need restaurants so we can stop handing our money to McDonald’s and the Illuminati. We need affordable housing and daycare. I can go on but the article will never end. The Honorable Rev. Frank Paul Jones says we need us to take back our community and stop the oppression of our own people for crumbs.
We need eat the meat, through non profit leadership!