Community Property Inc

COMMUNITY PROPERTY, INC. IS ORGANIZED, AND AT ALL TIMES IS OPERATED, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF INCOURAGE COMMUNITY FOUNDATION, INC., A 501(C)(3) NONPROFIT COMMUNITY FOUNDATION WHICH IS A VALUES-LED, USER-CENTERED, PLACE-BASED PHILANTHROPIC AND COMMUNITY DEVELOPMENT ORGANIZATION. IT WAS PRINCIPALLY FORMED TO ACQUIRE, ACCEPT, HOLD, LEASE, MANAGE, ADMINISTER AND/OR LIQUIDATE IN AN ORDERLY FASHION, DONATIONS, BEQUESTS AND PROPERTY FOR THE BENEFIT AND/OR PURPOSES OF INCOURAGE.

ACQUIRE, ACCEPT, HOLD, LEASE, MANAGE, ADMINISTER AND/OR LIQUIDATE IN AN ORDERLY FASHION, DONATIONS, BEQUESTS AND PROPERTY FOR THE BENEFIT AND/OR PURPOSES OF INCOURAGE COMMUNITY FOUNDATION, INC. COMMUNITY PROPERTY CURRENTLY OWNS AN OFFICE BUILDING AT 478 AND 480 EAST GRAND AVENUE IN WISCONSIN RAPIDS, THAT IT RENTS IN PART TO INCOURAGE AND IN PART TO THREE THIRD PARTY LOCAL BUSINESSES.

IN DECEMBER OF 2012, IN A COORDINATED EFFORT WITH ITS SUPPORTED ORGANIZATION, INCOURAGE COMMUNITY FOUNDATION, COMMUNITY PROPERTY ACQUIRED THE FORMER DAILY TRIBUNE BUILDING, A HISTORIC LOCAL PROPERTY THAT IS LOCATED ON THE BANKS OF THE WISCONSIN RIVER IN DOWNTOWN WISCONSIN RAPIDS, WISCONSIN. THE REDEVELOPMENT OF THE PROPERTY (THE "TRIBUNE") IS BEING INFORMED BY INCOURAGE'S COMMITMENT TO USER-CENTERED DECISION MAKING FOR SOUTH WOOD COUNTY'S FUTURE, WHEREBY INCOURAGE HAS ENGAGED OVER 2,000 RESIDENTS IN THE PLANNING AND DECISION MAKING PROCESS. THE TRIBUNE HAS BEEN DESIGNED TO REFLECT RESIDENT PRIORITIES AND CAPITALIZE ON COMMUNITY AND REGIONAL ASSETS. FROM THE BEGINNING, THE TRIBUNE HAS BEEN ABOUT MUCH MORE THAN REDEVELOPING A BUILDING. IT IS A DEMONSTRATION OF A USER-CENTERED PROCESS TOWARD REALIZING INCOURAGE'S VISION OF PARTNERING WITH RESIDENTS, BUSINESSES AND CIVIC LEADERS IN RURAL CENTRAL WISCONSIN TO CO-CREATE AN INCLUSIVE, ADAPTIVE AND SUSTAINABLE COMMUNITY THAT WORKS WELL FOR ALL PEOPLE. THE REDEVELOPED FACILITY WILL BE AN ECONOMIC AND COMMUNITY HUB TO SERVE AS A LABORATORY FOR INNOVATION FOR SOUTHERN WOOD COUNTY AND CENTRAL WISCONSIN WITH A PARTICULAR FOCUS ON THE NEEDS OF RURAL COMMUNITIES. IT WILL SERVE AS: AN ENTREPRENEURIAL AND WORKFORCE SUPPORT CENTER, A FOCAL POINT OF REGIONAL COLLABORATION AND INNOVATION AMONG MAJOR INSTITUTIONAL DRIVERS OF ECONOMIC CHANGE, AND A DYNAMIC COMMUNITY PLACE FOR WORK, PLAY, AND COMMERCE. PHASE ONE IN 2013 AND 2014, CONSISTED OF FOUR PUBLIC MEETINGS WHERE EVERYONE IN THE COMMUNITY WAS INVITED TO SHARE THEIR IDEAS FOR THE FUTURE USE OF THE SPACE, INCLUDING ENCOURAGING RESIDENTS TO SHIFT THEIR THINKING FROM "ME" TO "WE". PHASE TWO IN 2014, CONSISTED OF SEVEN PUBLIC MEETINGS WHEREBY THE COMMUNITY WAS INVITED TO PARTICIPATE IN ACTIVITIES RELATED TO THE DESIGN AND SUSTAINABLITY OF THE FACILITY. PHASE THREE IN 2015 AND 2016, CONSISTED OF TEN PUBLIC MEETINGS IN WHICH PARTICIPANTS FOCUSED ON DEEPENING RELATIONSHIPS, FURTHER DEFINING PROGRAMMING WITHIN THE FACILITY, AND DEVELOPING RESIDENT-LED FUNDRAISING OPPORTUNITIES TO HELP REALIZE THE BUILDING. IN 2017 AND 2018 COMMUNITY MEMBERS EXPLORED HOW SIMILAR PROJECTS IN OTHER REGIONS DEVELOPED, AND FUNDRAISING EFFORTS AT THE STATE AND NATIONAL LEVEL EXPANDED. IN 2019, THE STATE OF WISCONSIN DEPARTMENT OF ADMINISTRATION ANNOUNCED A PROPOSED $3 MILLION INVESTMENT IN THE TRIBUNE'S FUTURE RECONSTRUCTION, AND INCOURAGE AND THE UNIVERSITY OF WISCONSIN-STEVENS POINT ANNOUNCED A COLLABORATION TO PROVIDE EXPERTISE FOR SUSTAINABLE ECONOMIC CHANGE IN CENTRAL WISCONSIN. IN 2020 AND 2021 FURTHER COLLABORATIONS WITH KEY STAKEHOLDERS IN REGIONAL ECONOMIC TRANSFORMATION AND GROWTH WERE ACTIVELY PURSUED.TO DATE, OVER 2,000 RESIDENTS HAVE PARTICIPATED IN THIS MULTI-YEAR PLANNING PROCESS, INCLUDING WORKING TOGETHER TO PRIORITIZE END USE IDEAS THAT WILL CELEBRATE LOCAL ASSETS, CONNECT RESIDENTS, AND ACT AS A CATALYST FOR FUTURE DOWNTOWN DEVELOPMENT. AT ITS CORE, THE TRIBUNE WILL BE A TRUE COMMUNITY SOCIAL ENTERPRISE FOCUSED ON CULTIVATING ENTREPRENEURS AND GROWING A SUSTAINABLE LOCAL ECONOMY. TO LEARN MORE, VISIT INCOURAGECF.ORG/LEAD/TRIBUNE-BUILDING AND THE FORM 990 FOR INCOURAGE COMMUNITY FOUNDATION, INC.SINCE ITS PURCHASE, THE PROPERTY HAS BEEN MAINTAINED AND UTILIZED PART-TIME MAINLY FOR COMMUNITY TOURS AND FOR SELECT ACTIVITIES LIKE HAVING SERVED AS A CENTRAL COORDINATION POINT FOR INCOURAGE'S COMMUNITY PICNIC AND HOSTING TRIBUNE "TEASERS", WHICH ARE MINI DEMONSTRATION VERSIONS OF THE TYPES OF ACTIVITIES THAT WILL ONE DAY HAPPEN AT THE FULLY REDEVELOPED TRIBUNE. IN THE LATER PART OF 2015, THE STATE OF WISCONSIN APPROVED THE REDEVELOPMENT PLANS FOR THE PROPERTY IMPROVEMENTS AND SELECT INTERIOR REMEDIATION AND DEMOLITION WAS UNDERTAKEN. FUND DEVELOPMENT CONTINUES TOWARD REALIZING THE COMPLETE RENOVATION OF THE PROPERTY.