Corporate

Pilot Project

Board of Directors.

We will have a three non paid board of directors (BOD). They will have the opportunity to participate as volunteers. The BOD's will select a President, a Secretary, and a Treasurer with two year terms. The board will meet as needed.

Staff and Volunteers.

An Executive Director and additional staff to properly administer the organization. Staff should be paid at competitive wages in line with their responsibilities, a reasonable living wage with benefits. Volunteers will be needed to offer consultations and other services for our participants. Benefits: Vacations, Medical, 5% match, sick days, comp time, more.

We'll strive to find professional individuals to become staff and volunteers, certified whenever possible, in the fields of Real Estate Professional, Financial Professional, Legal Professional, Business Professional/Entrepreneur, Tax Professional, and Community Professionals.

Demographics

  • Age demographics Studying, Working, Retired, Seniors.

  • Income demographics Very low, low, medium, high income.

  • Ethnic demographic: Everyone is welcome.

  • Region Starting in Boulder County, growing to Colorado, then the world.

Funding.

We will seek funding from the following: Foundations, Private and Government grants, and Individual Donations.

Certifications

We will seek appropriate quality certifications for this nonprofit (i.e. ISO 9001) to certify high quality customer service and gain credibility within the community and participants.

Budget Projection. (detail available upon request)

Year One Two Three

Operations $3,000 | $1,550 | $4,000

Professional Services $2, 000 | $2,500 | $3,000

Technology $15,000 | $15,000 | $5,000

Salary/Benefits $195,000 | $320,000 | $565,000

Total: $215,744 | $340,794 | $577,626

Key Partners.

We consider key partners organizations whose participants can be natural clients for our programs and services, and volunteers.

  • Schools and School Districts

  • Minority groups and organizations

  • Senior Services organizations

  • Outreach organizations

  • Family Resource organizations

  • Food Bank organizations

  • Nonprofit organizations

  • Human Services non profits

  • Housing assistance organizations

  • City and government organizations

501(c)3 Designation.

  • In search of Three Board of Directors.

  • BYLAWS

  • Application Form 1023 has been sent, awaiting response from the IRS

Business Plan

Phase One - Set the Foundation

Our initial phase is one for building and organizing.

  • Incorporate myWealthBeing in Colorado as a nonprofit corporation

  • Get a Federal Tax ID.

  • Open bank account

  • Create myWealthBeing Bylaws and corporate structure.

  • Select a board of directors (Ingrid Castro, Ricardo Cabrera, Jake Matlak)

  • Approve our Bylaws.

  • Submit our 501(c)3 designation request to the IRS.

  • Create a website, brochures and other basic communications tools.

  • Designate an Executive Director

  • Create initial Business Plan and Budget

  • Milestone: Receive 501(c)3 designation from the IRS.

Phase Two - Infrastructure and Programs

  • First Board Retreat

  • Designate an Executive Director

  • Start fundraising

  • Start placing administrative, CRM and other systems in place to ensure a smooth running of operations, grant management, scheduling and other infrastructure processes.

  • Find a technology partner to start defining and designing our phone app.

  • Define and activate initial programs: Personal, Business and Home Ownership.

  • Define roles and responsibilities for program managers for programs and volunteers (Job descriptions)

  • Create a referral network to all local resources where participants can reach out for assistance.

  • Start key partner search, and start filling our participant funnel.

  • Milestone: Reach one year fundraising budget goal and start design of phone app.

Phase Three - Technology and Participants

  • Expand farming operation to continue filling our participant funnel.

  • Continue growing our partner network to further fill our participant network.

  • Continue the design of our phone app.

  • Milestone: Reach a participant goal of XXX individuals and partner network.

Phase Four - Participants

  • Once our phone app is completed and fully released

  • Start a full (paid) marketing campaign to further expand our farming operations

  • Research needs to add additional programs/managers.

  • Milestone: Complete phone app and reach second participant milestone of XXX participants.

Ricardo Cabrera

(720) 772-7765

info@myWealthBeing.com

Ricardo Cabrera is a business professional, and real estate broker. He loves to help this community with all wealth building matters, from assisting people make their largest purchase, disposing of their most important asset, or coaching them on business and personal financial matters. He does this by rendering the highest level of service possible.

Ricardo believes in working hard, living on less than what you make, and investing the difference with the ultimate goal of reaching wealth, and I love what I do!

Ricardo has a varied work experience, including International Business Management and Development, mostly in the medical device industry, food distribution, and business owner. More recently, he has become a business/wealth coach, and real estate broker. He also sat on the Board of Directors/Treasurer of the Latino Chamber of Commerce of Boulder County, and is a high school golf coach.

Ricardo holds a Bachelor's Degree in Computer Science, a Masters in Business Administration with a Global Business emphasis, is a licensed real estate agent in the State of Colorado, a NAHREP 10 certified trainer, and has been trained as a Cultural Broker. He currently lives in Lafayette, Colorado with his wife Gabriela.

Longmont Journey: A winding path to a better community