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Social Enterprise and Non-profit Housing New! ONPHA has released a report entitled Case Studies of Social (Purposes) Enterprise in the Ontario Non-Profit Housing Sector. Download the new report here.
ONPHA members and non-profit housing providers in other jurisdictions are developing an interest in social enterprise as a tool for creating change in their organization and community. Social enterprise is not new to the non-profit sectors: non-profit organizations have, for many years, supplemented their bottom lines and created employment opportunities for marginalized communities by developing and operating social enterprises. Social enterprises are businesses that are "directly involved in the production and/or selling of goods and services for the dual purposes of generating income and achieving social or environmental aims." 1
Stoney
Creek Community Services Corporation Silver
Brush Good
Shepherd Works These enterprises share a desire to be profitable while, at the same time, meeting or enhancing social or environmental commitments of their parent organization. Social enterprise is a new concept for many non-profit housing providers, but an important one to be familiar with. Social enterprises have the potential to generate revenue for the non-profit to use to operate and/or develop housing and can also provide tenants with opportunities to develop new skills and to generate income. With the right idea, resources, and support, social enterprise may represent a win-win for both the non-profit and its tenants. Social enterprise activities are not for every organization. They require a significant organizational commitment of both time and resources to launch and support until they become self-sufficient. However, if you are interested in exploring the possibility of initiating a social enterprise, either on your own or with partners, resources exist that will help you to explore your ideas and the processes that lay ahead.
1 (Enterprising Non-Profits (October 19, 2009) Handout for 2009 Orientation Session) Do you have questions about starting a social enterprise? Are you familiar with a social enterprise in your community that you would like to tell us about? If so, contact John Wilson at ONPHA by email or telephone at 1-800-297-6660, ext. 113. |
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