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13/Sep/2018

San Diego Family Justice Center – Started and run by the District Attorney’s office of San Diego. It’s led to models that are run and funded by city and county governments all over the place. There are likely 80+ family justice centers that follow this model. https://www.sandiego.gov/sandiegofamilyjusticecenter

The Link, Georgina, ON – The Link was started in a former school by the Town of Georgina, ON. You can see their promo video here: https://www.georgina.ca/discover-georgina/arts-and-culture/link

The Orange Hub – Started and owned by the City of Edmonton, it s a centre for non-profit groups that offer programs and services in the arts, recreation, wellness and learning.  https://www.edmonton.ca/activities_parks_recreation/the-orange-hub.aspx 



12/Sep/2018

With multiple partners, it’s important to determine who will be the primary owner of the building and what form that legal partnership will take.

United States

Sole Ownership

  • Most control and risk for the owner
  • Can be an existing organization or a new entity
  • Typically governed by a board of directors
  • Loans for the building are available based on the owner’s creditworthiness

Examples
The Nonprofit Center, Third Sector New England, Boston

Community Nonprofit Ownership

  • Nonprofits jointly create a new entity to own a building they jointly select
  • Governed by a nonprofit board of directors
  • Best fir creating a community asset
  • Loans based on guarantees and value of collateral
  • No equity interest for individual partners

Examples
Children & Family Services Center, Charlotte, NC

Limited Liability Corporation

  • Good for Cooperative ownership
  • Governed by an operating agreement
  • Member or manager-controlled management options
  • Owners can sell interest
  • Ownership interest need not correspond to occupancy
  • Can include outside investors
  • Loans based on guarantees and value of collateral.

Examples:
Ninth Street Independent Film Center, San Francisco, CA

Condominium Ownership

  • Each organization owns their unit
  • Requires creation and operation of a condo association
  • Enforcement of policies through bylaws, condo declaration, and deed covenants
  • Each organization acquires their own financing

Examples
Tides Thoreau Center NY, Tides, New York, NY
Youth Opportunity Center, Nashville, TN

 



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