MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARTNERSHIP IN PROPERTY COMMERCIAL LAND TRUST, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $548K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $877K exceeded revenue, resulting in a 60% operating deficit.
PIPCLT envisions neighborhoods as reflections of the economic, cultural and social wealth of a community, where residents claim spaces through decision-making power and ownership of land, and together are building a human-centered ecomony.
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...
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 2021, the organization acquired its first property in December 2021.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $548,421 | $2,446,548 | -0.8% |
| Expenses | $877,303 | $521,583 | +0.7% |
| Net Income | $-328,882 | $1,924,965 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOMONIQUE JONES | EXECUTIVE DIRECTOR | 40 |
Key Emp
|
$151,607 | $0 | $151,607 |
| FELICIA PERRY | REAL ESTATE MANAGER | 40 |
Highest
|
$92,273 | $0 | $92,273 |
| CHERRISH HOLLIE | BOARD CHAIR | 2 |
Director
|
$0 | $0 | $0 |
| DEVON NOLEN | BOARD VICE CHAIR | 1 |
Director
|
$0 | $0 | $0 |
| ANNA SCHMIEL | BOARD SECRETARY | 2 |
Director
|
$0 | $0 | $0 |
| ZAHNIA HARUT | BOARD SECRETARY | 1 |
Director
|
$0 | $0 | $0 |
| ANTHONY BAILEY | BOARD MEMBER/BOARD TREASURER | 1 |
Director
|
$0 | $0 | $0 |
| BARBARA HALL | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| LYDIA MILLARD | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| DAVIS SENSEMAN | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| QANNANI OMAR | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| DANIELLE MKALI | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| MALIZA KALEMA | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| EDWARDO RIKPRASHAD | BOARD MEMBER/ BOARD VICE CHAIR | 1 |
Director
|
$0 | $0 | $0 |
| BEN DOSSMAN | BOARD MEMBER/ BOARD TREASURER | 1 |
Director
|
$0 | $0 | $0 |
| MARK FICK | BOARD TREASURER | 1 |
Director
|
$0 | $0 | $0 |
| KOWSAR MOHAMED | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| ARTHUR MARTIN | BOARD SECRETARY | 2 |
Director
Key Emp
|
$50,864 | $0 | $50,864 |
| REUBEN MOORE | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| LEBOGANG KEKANA | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| LATICHIA HARPER | BOARD MEMBER | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $548,421 | $877,303 | $3,083,902 | $-328,882 |
| 2022 | $2,446,548 | $521,583 | $2,922,658 | $1,924,965 |
| 2021 | $564,321 | $82,008 | $537,515 | $482,313 |
Compare PARTNERSHIP IN PROPERTY COMMERCIAL LAND TRUST with other nonprofits in Minnesota and across the country.