How did a nonprofit Community Action Agency come to operate for-profit businesses? This case study examines how a nonprofit CAA leveraged its experience to establish social enterprises focused on helping individuals reach self-sufficiency, offering lessons in the common legal, governance, and financial issues that federally-funded organizations should consider before starting these businesses.
Community Economic Development for CAAs
As part of their mission to lift people with low incomes from poverty to self-sufficiency, Community Action Agencies (CAAs) often seek to spur growth and build wealth in their communities through job creation and business development. These efforts can generally be...