| Aviation and Land Development Ltd |
| Written by Zester Hatfield | |
| Sunday, 23 April 2006 | |
PreambleIntroductionThe following is the description and presentation of intentions of four additional entities entering into a contractual relationship with Aviation and Land Development Ltd, for the purpose of establishing a Joint Venture operation under the laws of Limited Partnerships. The business entity that provides the leadership for the group as the General Partner is Hatfield & Company, Inc. working under the commitments and principles of the concept called Business as Mission, BAM. BAM is a for profit business with Kingdom goals objectives. The financial bottom line is committed to show a profit for the investor community and to allow complete freedom for each investor to share their individual profits with the ministry calling on their life and or of their choice. The pro-active relationship between this example of BAM and other examples that are available, (See the Lausanne Report in Business as Mission section of www.reformationinaction.com for more details.) is unique and exclusive to this contractual Joint Venture relationship. The financial commitment to the shareholders of this venture, for a return on their investment, is not predicated on the success or failure of the non-profit missionary/ministry endeavors to the spiritual community. The ultimate bottom line is for the greater glory of God. Thus, the Kingdom goals of the for-profit BAM are focused and executed with all diligence to the end that all missionary and ministry goals are met. This is not to say, however, that BAM executives and managers can guarantee such success. What the BAM executives and managers in this contractual Joint Venture relationship can guarantee to the non-profit missionary and ministry leaders is a relationship of total commitment to integrity and personal loyalty. The separation of the different spheres of goals and responsibilities of these two distinct types of entities is crucial. The business relationship of this contractual Joint Venture relationship is specifically designed to achieve the goals of both entities without infringing on the web of interconnected responsibilities of either. (See BAM Terms and Definitions in the Business as Mission section of www.reformationinaction.com The resources of each respective entity are not limited to the success or failure of one or the other. The greater success of both entities is ultimately in the hands of God's providence. However, in so far as human conduct and commitment to excellence in Godly relationships can be of enormous benefit to both entities, such will be the case. Zester Hatfield, President of Reformation Ministries International Corp Executive SummaryI. Joint Venture AnalysisHatfield & Company, Inc.-H&C (BAM) Phase 1, Timberon Mountain Construction Company-TMCC (BAM) Phase 1, Timberon Mountain Aviation FBO (Fixed Based Operator)-TMA (BAM) Phase 2, and Reformation Ministries International Corp-RMIC, (Ministry) Phase 1, form the five entities of the Joint Venture. Three of these entities are embraced within a single limited partnership: "Aviation & Land Development Limited Partnership" or A&L Ltd. H&C, Hatfield & Company is the General Partner of the Limited Partnership while TMCC and TMA are functional divisions within the operational powers of the General Partner and are two wholly owned assets of the Limited Partnership. Their joint venture operational relationship is as follows: Financially the two divisions are completely separate as RMIC is a non-profit 501C3 and the A&L Ltd., is a for-profit Business as Mission entity with several sources of revenues. The relationship between the two entities is a common world-view of spiritual and material perspectives with a common motivation towards the mission of discipling the nations. Although RMIC will seek and acquire funding through outreach efforts to enlist the support of individuals and congregations it will also receive at least 10% of all of the net profits of the general partners of A&L Ltd. The investor community may choose to donate some of their profits for this venture to RMIC but they are not compelled to do so. More importantly, the joint venture benefit to RMIC is the advantage gained through common goals set out from the beginning by the founding group of Christian men and women; Team RMIC. These men and women make up the leadership and outreach force of the whole effort and they believe that they are called of God to take up this challenge and have agreed that by connecting the positive forces of capital markets, profit endeavors-under Godly principles-and ministry outreach together, as in this contractual Joint Venture relationship, they will better accomplish what so often is not, NAMELY, the exercise of the whole gospel to the whole man, to the whole world. II. Quality Control & OperationsQuality control is of the highest priority. The integrity of the financial separation is very important from a regulatory point of view as well as from a moral and functional point of view. H&C is a professional accounting company with over fifteen years experience in business accounting and also has many years of experience assisting companies who have had problems with the IRS in successful remediation. As H&C qualifies for Enrolled Agent Status with the IRS they can professionally represent these companies before the IRS and assist them in extricating themselves from the problems they have incurred. H&C will provide all of the in-house accounting services for each element with annual audits by third party CPA firms. Thus, these combined experiences are key elements in providing the complete leadership/management team with the fiscal over-site needed to ensure the highest levels of integrity and compliance with all parties, Government, God and individuals. The operational enter action on the part of the for-profit components is service and profit motivated. This will be evident in the details of the operations of H&C, TMA and TMCC (Hatfield & Company, Timberon Mountain Aviation FBO [Fixed Based Operator] and Timberon Mountain Construction Company as their work is complimentary within the shared geographic area and mutually supportive of each other as they are the profit centers for A&L Ltd. (Aviation & Land Development Limited Partnership). The relationship from A&L Ltd to RMIC is one of service, income and leadership council with over-site. The income stream for RMIC created by this Joint Venture relationship is detailed in the Employee Leasing Service section of H&C. III. Historic PrecedentOne of the great missionary examples of our time that incorporates a unique mission and business relationship which has developed into and exceptional mission delivery and support system, is the Joint Venture relationship between Wycliffe Bible Translators and Jungle Aviation Air Service. Wycliffe Bible Translators began using small, single engine aircraft early in their missionary experience to deliver and support jungle outposts of small missionary families dedicated to living with native tribes people and assisting them with medical and agricultural assistance while they worked on mastering the language for translation. After a serious accident while using chartered aircraft, in which several staff and missionary members were injured including the founder, it was decided that newer and better airplanes were needed and that they must own them. Money was an obstacle as these would not be inexpensive. Jungle Aviation Air Service, JAARS was formed and many creative services were developed to create the cash flow and capital base that was necessary for successful operations of such a technically challenging undertaking. Many foreign governments, national and international companies use the services of JAARS to assist them in their transportation needs in jungle and remote areas. Also, the missionaries served by JAARS must also raise 25% of their total support income as a revenue source for JAARS in order for them to receive transportation in and out of their jungle or remote working area. JAARS is now using the latest in turbine powered heavy single and light twin engine aircraft for most of their work. They are trading out the smaller gasoline powered planes where possible and replacing them with turbine powered craft. This is also very important because in many of the more remote areas of the world, jet fuel is more plentiful and aviation gasoline is very expensive and hard to find. IV. Product and Service ExamplesRMIC provides: A. National and International Outreach and Communications through the Internet utilizing a four point approach
B. National and International Discipling and Kingdom Development Services
Timberon Mountain Aviation-FBO providesWhereas the RMIC mission plan includes the following services, they are committed to accomplish their intention by design through a contract with TMA-FBO (Timberon Mountain Aviation-Fixed Base Operator) to accomplish these ends. Thus, RMIC becomes one of the principle clients for the training services of TMA-FBO detailed in the further descriptions published below in the Business Plan.
Timberon Mountain Construction Company providesWhereas the RMIC mission plan includes the services of training nationals and internationals in areas of many diverse vocational abilities they are committed to contracting with TMCC (Timberon Mountain Construction Company) to accomplish these ends.
H&C provides
A&L Ltd provides
General description of the areaThe Sacramento Mountain area of New Mexico is a very specialized eco-system and human habitat. The beauty and the serenity of the area is attractive to individuals and families from a broad cultural background and circumstance. There are those who live in meager conditions from the proceeds of small retirement funds, i.e. social security and private funds. There are those with young families who work at the few specialized vocational opportunities available, i.e. Postal Services, Special Delivery Ground Services, Electric Company, Phone Company, Water Company, State and Forestry Services, County Road Maintenance, Golf Coarse, Swimming pool services, Restaurants, house cleaning, Plumbing Services, Electrical Services, and some very small Construction Service Companies. There are also those who look on the area as a great place to build a second or third home, a beautiful mountain home with panoramic vistas and cool mountain breezes. These individuals are usually absentee owners with a few exceptions. The size home they usually build is from 3,000 - 10,000 square feet from a wide variety of materials and architectural designs. The lack of local skilled labor in the area, for construction projects, creates a demand for the high-income earner to contract with out-of-state construction companies. In the last few years several homes ranging in price from $500,000-1,000,000+ dollars have been contracted with construction companies as far away as California. This need to import skilled labor from such distant locations drives the per square foot cost of construction to levels that only the upper 5% of the population can consider. The family who builds a home in this vast mountain terrain soon finds out that building the home was only the first obstacle. The second obstacle is very much like unto the first, because it deals with the maintenance of the abode. Need I mention the fact that the same skilled labor that is required to build such a home is also needed to make major repairs or additions? The same forces that caused the owners to contract with out-of-state contractors who can bring their own skilled labor with them, now work against the new owners once the construction company goes back to their state of origin. The local home or business owner is now saddled with the difficult scenario of having needs that cannot be timely met from local sources. A&L Ltd. AdvantagesThe General Partners of A&L Ltd., Zester and Marilyn Hatfield, own property in the area of the Sacramento Mountains where the Business as Mission Training Center is being planned for construction. Zester Hatfield holds a New Mexico Commercial Contractors license and has designed and built several projects in these mountains. Zester has had a vision of bible and vocational training for young men and women from Mexico and all points south of the Rio Grande for many years. It has taken much experience and considerable work to bring this great opportunity, such as is presented here, the Joint Venture relationship between A&L Ltd., a Business as Mission and RMIC an outreach missionary and ministry entity. A&L Ltd. and RMIC working together will accomplish in this vast mountain area what no other entity or group of entities have been able to do. Through RMIC the young men and women who will form the basis for the skilled labor pool, from the vocational training acquired at the center and the construction leadership of A&L Ltd., the previous problems of the greater Sacramento Mountain area will find new solutions. The young trainees will be able to work 20 - 30 hours per week under their student visas and will be compensated at 1.5 to 2.0 times minimum wages. From these revenues they will pay for their instruction, living and housing costs and will bank no less than 25% of their gross earnings into a capital account for their eventual return to their home communities where they will continue to receive spiritual, economic, business and personal mentoring. In addition to having an opportunity to work with A&L Ltd. all of the young men and women will have the opportunity to find employment in areas where they can gain personal experience for later use in their home communities. With the possibility to supply skilled and semi-skilled labor form individuals of high moral and Christian integrity, there are few if any commercial outlets that would refuse them work. For example, there are many opportunities unfulfilled in areas such as lumbering, forest preservation through private companies, plus home maintenance and service jobs untold. V. Marketing Plan for Raising Capital
VI. ManagementHatfield & Company, Inc. and its Board of Directors is the General Partner for the A&L Ltd. This Board Of Directors will be expanded from its present number to include as many as are deemed necessary and these will be drawn from a large and expanding pool of qualified men and women of faith and business acumen. The Business PlanProducts and ServicesRMIC provides the ministry services of training native ministry teaching teams. BackgroundThird world countries such as Mexico and all of the countries south of the Rio Grand River are illustrative of the dynamic outpouring of the Holy Spirit. This outpouring is taking place mostly among the rural people. These represent no small number of new converts as they profess their faith in Jesus Christ for salvation. Generally speaking these are people of meager means and often little more than primary education. However misfortunate they might be for lack of means or education they are people of a quiet dignity, hard working and interested in the future of their family. We in America must be reminded occasionally that our Lord said that: "not many mighty and not many strong" were among the elect. The most daunting problem, of all of these converts, is that those who have been faithful to minister the word of hope through the gospel to these individuals, are themselves very lacking in these same basic bible truths of God's Revealed Law-Word. By far the majority believe that their salvation is based on a mixed combination of "faith" plus a multitude of many other things-such as: works, certain doctrines, certain dress, certain days and so on. These are all false doctrines and many of course really do not believe through the gift of faith as our Lord said very clearly, "That unless one is drawn by my Father he cannot enter the Kingdom." And again as Paul states in Eph. 2:8-9: "You are saved by faith and that not of your selves it is a gift of God that none should boast." The difference in this situation as compared to earlier times is that the pastors involved and the local leadership in these communities is open to be taught more of God's Revealed Law-Word and to thus be motivated by the Holy Spirit to seek and follow God's prepared steps for them in this life. The one thing that has become very apparent, due to the general lack of cultural and personal vocational and professional development among these people, is that the spiritual doctrines of the gospel alone are not enough. The whole man must be impacted by the whole gospel so that not only is his heart and soul born anew but also his worldview of personal possibilities and extended responsibilities of family and community, i.e. family, business, and culture. Nothing less than taking the whole gospel, to the whole man, to the whole world will suffice. Service ProvidedOur greatest spiritual service and ministry goal is to bring basic bible truths of the gospel and salvation by faith and that not of themselves into this ever increasing number. We are committed to equipping them with personal and entrepreneurial skills and opportunities that will give them a new place and a new level of existence within their communities. This new level of local interaction with their community from their personal testimony of family to the market square of goods and services, will bring cultural changes honor and give glory to God and His Christ. The ministry services of contacting and sponsoring the young vocational trainees. BackgroundThese same rural communities where the numbers of believers are growing so rapidly, are also deeply impacted by their lack of even life's most basic needs: adequate food, shelter, clothing, education, health services and vocational skills. The young people in these communities are the most dynamically impacted. They see little or no future for themselves. The more they advance towards adult age and the more they understand the plight of their situation the less hope they have. Some fall into grievous sins and take chances with drugs and all kinds of illicit and dangerous undertakings. Although, when given a chance, these young people are more likely to make good choices with regards to their future. Many of the new Christians are parents who have children approaching these dangerous years. These parents are praying for God to open doors for their children. Service ProvidedOur greatest service to these young people will be to give them the much needed vocational training that they need along with spiritual and moral training. In six months of intense exposure in the right setting these young people can be returned to their communities to continue their studies and training and also be of service to their communities. Some will be qualified to come for more training and others will stay longer for theirs. The ministry services of sponsoring the American service groups into the native communities. The ministry services of providing leadership and direction to native spiritual and economic leaders. TMA-FBO provides
TMCC provides:
H&C provides:
A&L Ltd provides:
Quality and ScopeThe quality and scope of the five entities, which make up the total Joint Venture group, each have their own unique place in this pentagon of business and ministry. Each unit will hold its own within the scope of its designated role as either a profit business entity or as a non-profit entity. Quality is a matter of good planning, and good individual working relationships with all of the other players in any one of these entities as well as from entity to entity. Scope will be determined by the economic and geographic boundaries that either allow for expansion or demand a limited horizon. Management TeamA. General PartnersZester Hatfield, President and CEO of Hatfield & Company, Inc.: B. EducationSeven years of formal college level training in a broad range of disciplines:
Two years of formal off campus training in Sales and Marketing plus 26 years of experience.
Missionary and Ministry ExperienceTwenty plus years of experience; twelve years experience as a Full-time Resident Missionary in Mexico, June 1961 - May 1974 and eight years experience as missionary and ministry mentor from August 1989 - April 1999 with continued mission and ministry activity from then until the present.
Two years of formal training in stocks and bonds and estate planning. Mrs. Hatfield holds series 7 brokers licenses and Zester has a series 24 license, none are active at this time. For ten years the Hatfields had a financial planning service in Santa Rosa, CA. while they raised their five biological children. Later they raised a sixth, an adopted girl from Mexico. Mr. and Mrs. Hatfield have been married 47 years as of June 20, 2006 and have raised six children, and have twenty one grand children. All of their children have experienced some of their education in private Christian schools. Most of their grandchildren are presently being home-schooled or are in private Christian schools. The Hatfields own a small, successful accounting company of only one part-time employee in El Paso, Texas, "Hatfield & Company, Inc." They specialize in small business accounting and IRS tax law. Mrs. Hatfield is a Registered Enrolled Agent for the IRS. (Such designation does not mean she works for the IRS, on the contrary, such agents are the specialists that are best equipped to assist the small and medium sized business in both how to pay no more taxes than owed, and how to properly represent and defend ones company from IRS claims.) C. ExperienceFrom 1990 until the Present, Mr. Hatfield has been engaged as a business consultant in three major areas:
Mr. Hatfield has been an active pilot and student of the field of aviation since 1965. Mr. Hatfield holds the following licenses and ratings and maintains an ongoing continuing education in accordance with all FAA requirements.
D. Estimated Capital RequiredThe Company plans to finance all initial operations with current and future income for the Hatfields from the business activities of Hatfield & Company, Inc. The capital necessary for implementing land acquisition, equipment and the Business as Mission Training Center will come from the limited partnership of A&L Ltd. The total amount of initial and developmental capital for all of the various entities described above is estimated to be $20-25 Million USD. Information Concerning This Business PlanPhone: 610-809-2336 |