News
Rebuilding the Bottom Line

Society of
For Immediate Release
Contact
| Philip Arca, Executive Director | Kelli Zenn, Communications Director |
| Office: (510) 636-4246 | Office: (510) 636-4242 |
| Mobile (510) 385-8891 | Mobile:
(510) 385-1299 |
| parca@svdp-alameda.org | kzenn@svdp-alameda.org |
|
As the
substantial financial deficit was realized, it was
imperative that something be done.
"It is important for us to be fiscally
responsible to our employees, community, and those we
serve. Because
we were so close to the situation, it was difficult to
think out of the box, and develop strategies for
increasing revenue" notes Ray Carney, Retail Services
Manager. As
other organizations know, it is sometimes too easy to
decrease expenses, especially when the majority of
expenses are employee related.
Yet, the flip side is, as a nonprofit whose mission
is to provide employment opportunities, it was difficult
to let go of staff. In
order to stop the bleeding, that is what St. Vincent de
Paul of The
Stanford Alumni Consultant Team (ACT) provides free
management consulting services to nonprofit organizations.
Over the six months that the consultant team worked
with the board and management of St. Vincent de Paul, the
team dissected SVdP's revenue generating operation, the
thrift stores. At
the end of the six months, the team presented their
findings and recommendations.
At that time, it was the Society's turn to
implement new revenue generating strategies. As the
Society begins to implement these strategies, donors and
the general public may realize changes in the
organization's operations.
"Too many nonprofits have had to close their
doors due to financial issues.
These closures have left the remaining service
providers to pick up where they left off.
It is bad enough that most of us are reliant upon
government and foundation funding, and have not discovered
avenues for social enterprise or revenue generating
activities. But
until we get there, as an industry, we must continue to
provide our communities with the arts, social services,
and other needed activities" states Cheryl About
St. Vincent de Paul of Alameda County The
Society of St. Vincent de Paul of Alameda County (SVdP) is
a human services non-profit that conducts a variety of 37
parish programs designed to aid the needy in virtually
every corner of Alameda County including food pantries,
housing referrals, clothing distribution, spiritual
support and other essential services. SVdP is
supported through donor contributions and operates five
thrift stores where merchandise is sold or given away
directly to those in need.
The Society also operates a Free Dining Room and
two drop in centers that provide laundry facilities,
employment opportunities, shower facilities, resource and
referral and other needed services to homeless and
low-income men, women and children in For a
feature article or information contact Kelli Zenn,
Communications Director at 510.636.4242. Help
us Help Others
|
