Community Improvement & Capacity Building
Partnership In Property Commercial Land Trust
MINNEAPOLIS, MN
Total revenue
$604K
Total expenses
$1.2M
Net assets
$1.8M
Grants received
$3.8M
13 grants
EIN
871177063
Tax year
2024
Mission
The mission of Partnership in Property Commercial Land Trust (PIPCLT) is to (re)develop and preserve long-term affordable commercial spaces through community driven ownership of land.
Programs
1 program
PIPCLT works to explicitly address racial, gender and economic disparities in our community. Commercial land trusts (CLTs) define land as being community owned because the last is entirely owned and managed by a community -based membership. PIPCLT believes that truly participatory community engagement involves shared learning and that decision making builds trust community will be engaged throughout the development process from property selection to business selection. Displace of community-owned businesses has a psychological impact on residents. We will use our resources to preserve and create affordable commercial spaces indefinitely. CLTs uses long-term community ownership of land through a 99-year ground lease agreement, which has demonstrated effectiveness in combating displacement of occupants. In 2022, the organization acquired its second property in March 2022.
Financials
FY 2024
Revenue
Expenses
People
10 listed
CHERRISH HOLLIE
BOARD CHAIR
—
2 hrs/wk
ANTHONY BAILEY
BOARD MEMBER/BOARD TREASURER
—
1 hrs/wk
LYDIA MILLARD
BOARD MEMBER
—
1 hrs/wk
EDWARDO RIKPRASHAD
BOARD MEMBER/ BOARD VICE CHAIR
—
1 hrs/wk
BEN DOSSMAN
BOARD MEMBER/ BOARD TREASURER
—
1 hrs/wk
REUBEN MOORE
BOARD MEMBER
—
1 hrs/wk
LEBOGANG KEKANA
BOARD MEMBER
—
1 hrs/wk
LATICHIA HARPER
BOARD MEMBER
—
1 hrs/wk
BRENDA COLSTON
BOARD MEMBER
—
1 hrs/wk
DOMONIQUE JONES
EXECUTIVE DIRECTOR
$163K
40 hrs/wk
Independent contractors
NOIR ARISE ACCOUNTING LLC
ACCOUNTING
INTENTIONAL CONSULTING SERVICES L
CONSULTING
LA DEUX SAY EVENTS LLC
EVENT PLANNING
NOKOMIS LEGAL PLLC
LEGAL
SEASONS PROPERTY MAINTENANCE LLC
PROPERTY MAINTENANCE
Grants received
Showing 13 of 13
Funded by
$3.8M from 6 funders · 13 grants · 2021–2024
$2.8M · 2 grants · 2021–2022
$491K · 2 grants · 2022–2024
$150K · 1 grant · 2023
$131K · 3 grants · 2022–2024
$115K · 3 grants · 2022–2024
$40K · 2 grants · 2022–2024