The Vet-REACH Board of Directors, which include our Chairperson S. Walling, President and Director of Media Stacey Lopez, and Sec/Treas. Rich Lopez, met for the first time since the inception of our nonprofit on 22 Jun 2018!
If you'll recall, Vet-REACH was born as a result of a reunion of the three of us during a mini-vacation Stacey and I took to Las Vegas to celebrate our wedding anniversary. We met up with our good friend, S. Walling, at a lounge in the HardRock Hotel. What started as a nice little visit to catch up quickly morphed into what has become Vet-REACH, REaching out And Coming Home!
Our first--and all subsequent--Board Meetings occurred via Skype, until today. Today we met at Black Bear Diner, enjoyed a nice brunch, and held our Board Meeting.
After catching up on events taking place in our home lives, dove right into it. I, as Secretary, read the minutes from last week's meeting. Please refer to my 2 Aug blog post for details. Our Chairperson handed out the first set of business cards for our nonprofit, paid for by our GoFundMe donations.
We then talked about the two big donors to our GoFundMe effort, Mr. Hull and the anonymous donor of $600. We will begin work this week on a formal Thank You letter to both large donors for mailing in the coming days.
A cursory review of the Articles of Incorporation (AOI) revealed that the time has come to apply for and receive a Federal Employer Identification Number (EIN). The issuance of this will allow us to apply for a waiver of licensing and Articles of Incorporation Fees, and free up some of our new capital for a possible priority filing of the AOI!
While we wait for the EIN process to complete, we'll be studying the Federal nonprofit application procedures again to glean for information we may have missed before now.
Vet-REACH will put together a brochure to go with an upcoming mass mailing to Nevada, California and Arizona businesses. We will introduce them to Vet-REACH, and share our Mission, Vision and goals for reaching to returning veterans and their families.
Stacey suggested the nonprofit purchase/lease a casino bus and/or a van. The bus/van would be used to shuttle folks to and from the airport (while we are accommodating our guests free of charge, they will still need to travel here) or other locations. It should be noted that the mini-suites would include a kitchenette and cookware, etc., so some families may be interested in shuttling to a local supermarket for supplies. There are a lot of possibilities.s and seminars all designed to mitigate the effects of post-deployment life. With a combination of volunteer and professionally-led management and support, I'd hoped to create a restful destination--Free of Charge--to veterans and their families. A review of our Mission Statement should align our present actions to our Mission and Vision.
We kinda moved from subject to subject during this meeting, probably because we were enjoying each others' company so much! I shared some information I'd gathered from the internet regarding the cost of building a new facility. In short, the costs of building a 60-room (mini-suites), $38,000 square foot facility, at $594 per square foot (national average), the total construction cost would exceed $23M, and could run as high as $28-$30M.
We also talked about salaried vs. paid employees. A fully staffed hotel, with housekeepers, front desk staff, bell service, snack bar cooks and wait staff, a janitor and hotel manager would exceed $1M per year! alternatively, we also discussed some of the possibilities with taking on interns, whose terms would range from 4-6 months, to work as housekeeping, bell service and wait staff. This would drop the annual salary rate to around $603,000 per year, a dramatic improvement. By creating relationships with Nevada colleges and universities, we could possibly get a program started and run. This could turn into credit for the interns, and savings for the nonprofit!
Stacey suggested the nonprofit purchase/lease a casino bus and/or a van. The bus/van would be used to shurttle folks to and from the airport (while we are accommodating our guests free of charge, they will still need to travel here) or other locations. It should be noted that the mini-suites would include a kitchenette and cookware, etc., so some families may be interested in shuttling to a local supermarket for supplies. There are a lot of possibilities.
Stacey also found a company that would create our Vet-REACH logo, and deliver embroidered shirts in any color we want. The initial order of five shirts, plus the logo charge will be around $186.10. if there is money left over from the licensing process, we will absolutely do this.
This brought us to merchandising. All proceeds from our souvenir collection would go right back into the nonprofit.
We took a nice selfie of the three of us, but because i'm having cellphone troubles, it may not be published until later in the week.
Overall, the meeting was a tremendous success! Though not discussed directly during the meeting, Stacey and I talked about meeting more often than once every three months!
There are great things on the horizon! We can hardly contain our enthusiasm at the possibilities out there!
I don't think I've said this before, but I welcome your comments, concerns, criticisms and support! Please feel free to comment on this page, or email us at www.vet-reach.org. Check out our FB page, vetreach2018, and on Twitter @orgvet, for more information, posts and comments on us!
Thank you and Welcome Home!