2025-10-06T20:20:31-05:00 2024-12-31 NOIR ARISE ACCOUNTING 323 N WASHINGTON AVE MINNEAPOLIS MN 55401 990 2024-01-01 871177063 PARTNERSHIP IN PROPERTY COMMERCIAL LAND TRUST PART 6125048325 1819 LOWRY AVENUE NORTH MINNEAPOLIS MN 55441 DOMONIQUE JONES EXECUTIVE DIRECTOR 6125048325 2025-05-14 true true LONNIA JEFFERSON P02453605 6124400317 2025-05-14 2024 2025-03-06 01:10:19Z DOMONIQUE JONES 1819 LOWRY AVE N MINNEAPOLIS MN 55411 603896 false X WWW.PIPCLT.ORG X 2021 MN 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. 9 9 6 0 483093 526290 65251 77595 77 11 0 548421 603896 6000 0 473773 624212 0 16074 403530 584805 877303 1215017 -328882 -611121 3083902 2437020 623913 598585 2459989 1838435 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. false false 25669 24676 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. 88985 49200 52919 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. 114654 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false true false false false true 17 0 6 true false false false false false false false X 9 9 true false false false false false false true true false false false true true true true true true true true true MN X DOMONIQUE JONES 6125048325 13060 180TH CT NW ELK RIVER ELK RIVER MN 55330 DOMONIQUE JONES EXECUTIVE DIRECTOR 40 X 163298 0 0 CHERRISH HOLLIE BOARD CHAIR 2 X 0 0 0 ANTHONY BAILEY BOARD MEMBER/BOARD TREASURER 1 X 0 0 0 LYDIA MILLARD BOARD MEMBER 1 X 0 0 0 EDWARDO RIKPRASHAD BOARD MEMBER/ BOARD VICE CHAIR 1 X 0 0 0 BEN DOSSMAN BOARD MEMBER/ BOARD TREASURER 1 X 0 0 0 REUBEN MOORE BOARD MEMBER 1 X 0 0 0 LEBOGANG KEKANA BOARD MEMBER 1 X 0 0 0 LATICHIA HARPER BOARD MEMBER 1 X 0 0 0 BRENDA COLSTON BOARD MEMBER 1 X 0 0 0 163298 1 true true false SEASONS PROPERTY MAINTENANCE LLC 3220 BASS LAKE RD STE 132 MINNEAPOLIS MN 55429 PROPERTY MAINTENANCE 1250 NOKOMIS LEGAL PLLC 2708 EAST 49TH ST MINNEAPOLIS MN 55417 LEGAL 2220 NOIR ARISE ACCOUNTING LLC 323 N WASHINGTON AVE SUITE 200 MINNEAPOLIS MN 55401 ACCOUNTING 23400 LA DEUX SAY EVENTS LLC 4200 BRANSON STREET MINNEAPOLIS MN 55424 EVENT PLANNING 3000 INTENTIONAL CONSULTING SERVICES L 3105 EDWARD ST NE MINNEAPOLIS MN 55418 CONSULTING 3500 400 525890 526290 COMMERICAL RENTAL 24676 24676 COMMERICAL RENTAL 2 52919 52919 77595 11 11 603896 77606 X 6000 6000 163298 163298 350317 350317 66495 66495 44102 44102 42921 150 42771 34600 34600 211606 4200 207406 12404 12404 9613 318 9295 9382 9382 32474 32474 2250 2250 24678 8604 16074 9045 8935 110 24167 16731 7436 28791 28791 PROFESSIONAL DEVELOPMENT 20350 20350 PROJECT EXPENSES 31423 31423 OTHER MANAGEMENT 24946 24946 PAYROLL PROCESSING FEES 8756 8756 57399 56748 651 1215017 133887 1065056 16074 1889841 649801 150000 249700 1128770 60523 743722 1068247 300339 469272 3083902 2437020 39715 14074 292151 278576 4194 292047 301741 623913 598585 X 2459989 1838435 2459989 1838435 3083902 2437020 -611121 -10433 X false false X 514321 2388652 483093 505740 3891806 514321 2388652 483093 505740 3891806 451657 3440149 3891806 603885 X 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1128770 60523 1068247 1068247 true false X X X DOMONIQUE JONES EXECUTIVE DIRECTOR 163298 163298 151607 PART V Ben Dossman is a PIPCLT business partner (lease-to-own agreement with PIPCLT) and leases office space from PIPCLT at 1819 Lowry Ave N. Edwardo Rikprashad owns a General Contracting firm, Intact, and had an agreement to do construction on 19 E 26th St, a property PIPCLT purchased from the City of Minneapolis. However, he resigned from the board mid-year for health reasons. Arthur Martin is also the Executive Assistant to Domonique Jones at PIPCLT so he was not allowed to vote on any matters that directly impacted him or his working relationship to PIPCLT (e.g. he was not involved in closed board discussion around Executive Director evaluation and vote on her annual bonus) All board members signed Conflict of Interest Disclosure forms, so these relationships were disclosed to the full board and any board members/officers must abstain from voting if any business arises that would be a conflict of interest with these relationships. PART VI, SECTION A, LINE 2 Ben Dossman is a PIPCLT business partner (lease-to-own agreement with PIPCLT) and leases office space from PIPCLT at 1819 Lowry Ave N. Edwardo Rikprashad owns a General Contracting firm, Intact, and had an agreement to do construction on 19 E 26th St, a property PIPCLT purchased from the City of Minneapolis. However, he resigned from the board mid-year for health reasons. Arthur Martin is also the Executive Assistant to Domonique Jones at PIPCLT so he was not allowed to vote on any matters that directly impacted him or his working relationship to PIPCLT (e.g. he was not involved in closed board discussion around Executive Director evaluation and vote on her annual bonus) All board members signed Conflict of Interest Disclosure forms, so these relationships were disclosed to the full board and any board members/officers must abstain from voting if any business arises that would be a conflict of interest with these relationships. PART VI, SECTION C, LINE 19 Upon request (typically email) by any current or potential funders, CDFIs, banks, lenders, government entities, municipalities, counties, etc. FORM 990 - SUPPLEMENTAL INFORMATION Schedule R, Part III ??? Related Organization Taxable as a Partnership (PIP Holdings LLC) PIP Holdings LLC is a Minnesota limited-liability company engaged in commercial real-estate acquisition and management activities that further the charitable purposes of Partnership in Property Commercial Land Trust (PIPCLT). Under a Fiscal Sponsorship Agreement effective September 18 2025, PIPCLT provides oversight, accounting, and compliance services and retains full discretion and control (variance power) over charitable funds raised for the project. The LLC is legally owned by its executive director but functions as a fiscally sponsored project of PIPCLT. All sponsored revenues and expenditures are reported in PIPCLT???s financial statements. Schedule R, Part V ??? Transactions With Related Organizations (PIP Holdings LLC) During 2025 PIPCLT served as fiscal sponsor for PIP Holdings LLC. All charitable revenues and grants raised on behalf of the project were deposited into PIPCLT???s accounts and expended for program purposes consistent with its mission to preserve affordable commercial spaces. PIPCLT retained a 10 percent administrative fee (minimum $250 per month) for administrative, accounting, and compliance services. Staff time and office resources were shared under this arrangement. In 2025 PIP Holdings LLC purchased a commercial building in its own name due to lender restrictions on nonprofit borrowers; PIPCLT maintains programmatic oversight to ensure the property???s use furthers its charitable mission. All transactions were approved by PIPCLT???s Board, with the interested party recused. No loans, guarantees, or asset transfers occurred between entities. PIP HOLDINGS LLC 1819 LOWRY AVE N MINNEAPOLIS MN 55441 871694424 COMMERCIAL REAL-ESTATE ACQUISITION AND M MN PARTNERSHIP IN PROPERTY COMMERCIAL LAND false false false false true false false false false false false false false true true true true false true false true PIP HOLDINGS LLC