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Hi! This is Jim Goettler with Expert Village and this is a video about how to form and
operate a non-profit organization. Eventually, you are going to find yourself wanting to
bring on a staff person or two with the organization. A very good chance that the first person is
going to be a director or facilitator, call it what you will and the second person is
going to come in and help you with development which is a nice word for fund raising. Either
these positions can be contracted or they can be staffed. If they are contracted, they
need to be for a set amount. There are rules that require you to basically not benefit
anyway from a non-profit which means that you can't raise the salary if things are going
well and drop the salary if things are going poorly. It has to be a set amount based generally
on market value but you need to bring these two people in earlier than later. They will
help you facilitate all the process that you want to go through so that your board can
become a board and the operations then can be handled by your director and or your development
officer who is your oversight of all your fund raising. It is when the organization
makes a big leap. The next big leap of course I will cover in the next segment which is
actually filing your 1023 to become a non-profit organization under the 501 C3 Rules of the
IRS.