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Food Hub nears nonprofit status, opens bank account and records modest balance
Summary
The Jericho Underhill Food Hub reported that its 501(c)(3) application is ready to mail, it has opened a Community Bank account, and plans to set up a Venmo; the group also reviewed an account balance of $1,276 with encumbrances for upcoming events and fees.
At the June 25 meeting the Jericho Underhill Food Hub reported several governance and financial updates: the group's 501(c)(3) application is ready to be mailed and the Hub has opened an official bank account at Community Bank. Dave Clift said he will set up a Venmo account tied to the bank account to facilitate donations.
The minutes list a current balance of $1,276 but note that much of the money is encumbered: $500 reserved for the Community Dinner, $155 for incorporation fees, $250 for 501(c)(3) filing, $125 for the registered agent, $250 for Pizza Bake costs and roughly $50 for PO box rental. The minutes do not show a formal vote to approve expenditures; they record the amounts and encumbrances discussed by members.
Members also discussed volunteer coordination ideas including exploring a "Gleening Gang" pod to assist farms with extra harvests; Marjorie Hollocher volunteered to research models and next steps. The Hub's next convening will be a Visioning session on July 23; the next regular meeting is scheduled for Aug. 27.
The minutes do not list a formal board or officer election or recorded motions related to the bank account or incorporation; they record progress toward formal nonprofit status and basic operational steps.
