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Community Engagement News


Friday, October 10, 2008


Merger FAQs


Frequently Asked Questions

Q: Why did the LakewoodAlive and Lakewood Community Progress Inc. (LCPI) decide to merge?

A: After a significant amount of discussion and analysis, the LCPI Board of Trustees and LakewoodAlive Executive Committee determined that a merger of the two organizations would create a powerful formula for driving economic development within Lakewood for the benefit of the Lakewood community and its citizens. LCPI offers both an optimum organizational structure with the ability to secure valuable grant funding, while LakewoodAlive offers an effective approach to community engagement and for developing greater understanding of economic development.

Q: Why was LakewoodAlive selected as the name of the merged organization?

A: LakewoodAlive was selected as the name for the newly melded organization because of its name recognition and brand equity within the community.

Q: What existing brand elements will be adopted by the new organization?

A: The LakewoodAlive logo will be adopted by the new organization and the website (www.lakewoodalive.com) and newsletter will be enhanced offering economic development information and insights not previously available.

Q: What are the implications of LakewoodAlive (a PAC) merging with LCPI (a 501-c3 organization)?

A: There are no implications. The pre-merger LakewoodAlive organization (a PAC) has been dissolved and all funds held by that organization have been either be expended or donated directly to the NEW LakewoodAlive organization prior to the dissolution. Upon receipt, the NEW LakewoodAlive Board of Trustees will determine the most appropriate use of donated funds. As the NEW LakewoodAlive is a 501© (3) organization, future donations to LakewoodAlive will be fully tax deductible.

Q: Will LakewoodAlive still offer community forums for residents?

A: Yes, absolutely! LakewoodAlive forums have been highly effective in raising community awareness to key economic development issues.

Q: What happens to the LA executive committee?

A: The existing LakewoodAlive Executive Committee will remain intact and will serve as the leadership team for the “Community Engagement” committee within the newly formed LakewoodAlive organization.

Q: Will the LCPI board structure change?

A: No, the LCPI board structure will not change, other than to be renamed as LakewoodAlive

Q: LCPI receives Community Block Grant funds distributed by the City. Will this funding impact LakewoodAlive’s commitment to be non-partisan in its programming?

A: As always, LakewoodAlive will strive to be non-partisan in the availability and positioning of information. LakewoodAlive embraces both sides of any debate and works to provide as complete of information as possible to promote informed decision making. Community Block Grant funds typically are designated by the federal government for a specific purpose and thus are left to minimal interpretation by local sources. We do not believe that there will be any conflict of issue concerns.

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