Facilities Management

An initial plan for Facilities Management has been put in place. A Property Management Company will be utilized for providing many of the resources and services that the tenant RED Church will need. A collaborative approach will be taken in that some of the responsibilities will be shared between the Property Management Company and the Administrator at RED Church. This has resulted in a lower negotiated Property Management Fee of 4% of the Effective Rental Income which is payable by the property owner.

• Property Management fees of 4% of the ERI payable by Property Owner
• A Property management Company is utilized for their resources, connections, and expense management and rent collection

All Expenses Listed below are paid by RED Church and coordinated with the Property Managements Companies assistance. 

• Administrator for RED Church will be $12/hr for 40 hours a week
• Handles Light Cleaning, Paperwork, and any other coordination of services and events
• Security
• $15/hr for 5 hours on Wednesday evening (5:30pm-10:30pm) and Sunday Morning (8am-1pm)
• Lawn care
• Mow, Edge, Clean Parking Lot, Gather Debris
• $125 every 2 weeks
• Janitorial and Custodial
• Bathrooms, Vacuuming and Floor Cleaning, Windows, Sanitizing
• Cleaning once a week at $150
• $600 /month

This list is not meant to exhaust all of the required expenses for operating RED Church and the Property. It is purely for the sake of Facilities Management and the expenses that can be identified from surface-level planning.