NOLI CDC CORPORATION
714 North Limestone St.
Unit B
LEXINGTON KY 40508-3521
Contact Information
Nonprofit NOLI CDC CORPORATION
Address 714 North Limestone St.
Unit B
LEXINGTON, KY 40508 3521
Phone (859) 379-2049
Contact Name Kristofer Nonn
At A Glance
IRS Ruling Year 2014
Financial Summary
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Statements
Mission Statement The mission of the NoLi CDC is to connect neighbors with resources and opportunity, and to create programs for equitable community development.
Background Statement

The NoLi CDC was founded in 2013 in pursuit of a grant proposal from ArtPlace America, a national organization that focuses on Creative Placemaking. This grant was for the NoLi CDC’s initial project - the LuigART Makers Spaces - and was developed in partnership with the LexArts, Blue Grass Community Foundation, the Lexington Downtown Development Authority, and the LFUCG Office of the Mayor. NoLi CDC received an award of $425,000 from ArtPlace America to develop shotgun houses in the North Limestone Corridor into affordable housing units to be sold to community residents, artists, makers, and entrepreneur. This funding helped boost the CDC and get the organization up and running.

Impact Statement
In the past 6 years, we have brought almost $5,600,000 of direct funding and resources to the North Limestone neighborhood. We have focused on housing infrastructure, environmental stormwater issues, and community-engaged programming. We have received multiple nationally-competitive grants, and have utilized this funding to create long-term growth strategies based on community feedback. We have brought new economic opportunities to the businesses, organizations, and entrepreneurs in the North Limestone Corridor.
 
In 2016, we built 8 units of affordable housing online and have started building our second phase to include 9 more housing units, conducted a neighborhood-wide Water Quality improvement program, finish our Cultural Planning efforts, and facilitate the establishment of new businesses and organizations by residents of our community. 
Needs Statement
NoLi CDC needs funds to continue to support our neighbors as investment transforms the neighborhood. Our primary project is to create a Public Market in the former LexTran building on the corner of N. Limestone and Loudon, so that neighborhood entrepreneurs have a platform to grow their businesses and dreams. We also need operational support, so we can continue to help neighbors with immediate and long-term challenges and dreams.  This funding will allow us to continue being advocates for those in our community least heard or seen in the process of reinvestment, and will make sure their stories are heard, considered, and informative to policy and investment decisions in the neighborhood.
CEO/Executive Director Statement The goal of NoLi CDC is to continually get better at hearing our neighbors, and to take that as a mandate to act, do all that we can to make them know they are heard, in the form of action, results, progress, investment, partnership, trust. If we hear they need a place for their business, or sidewalks wide enough for a wheelchair, or housing they can afford, or access to fresh foods, or rental assistance, or help avoiding a foreclosure, or a community gathering space, we work toward that. We are a partner - one who has time and ability to work on these issues with and for our neighbors. We are in the unique and critical position to be able to be a trusted partner, and to turn that trust into improved conditions and opportunities for our neighbors of all walks of life.
Service Categories
Secondary Organization Category Arts,Culture & Humanities / Community Celebrations
Tertiary Organization Category Environment / Natural Resources Conservation & Protection
Geographic Areas Served
Areas
Fayette County
We serve the North Limestone Corridor and North Limestone/MLK/Castlewood/Brucetown Neighborhoods in Lexington, KY.
Impact Questions
GoalsHelpWhat is the organization aiming to accomplish? This is the organization's ultimate goal for intended impact. NoLi CDC is aiming to enhance the North End of Lexington by connecting neighbors with resources and opportunities to help them grow a stronger community.
Board Chair
Board Chair Kim Green
Company Affiliation Kentucky Department of Public Advocacy
Term Jan 2017 to
Board Members
NameAffiliationStatus
Councilman James BrownLFUCGExofficio
Brandy DavisKela Child Care CenterVoting
Kim GreenCommunity VolunteerVoting
Shirrod Le'DetNoLi area Church Assoc. PastorVoting
Travis Robinsoncommunity volunteerVoting
Board Demographics - Ethnicity. Add number
Asian American/Pacific Islander 0
Caucasian 2
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 3
Female 2
Unspecified 0
Governance
Board Term Lengths 3
Board Term Limits 6
Board Meeting Attendance % 75%
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Under Development
Percentage Making Monetary Contributions 100%
Number of Full Board Meetings Annually 6
CEO/Executive Director
Executive Director Kristofer Nonn
Term Start Dec 2018
Email kris@nolicdc.com
Experience 5 years as NoLi CDC Director of Design & Construction.
Staff
Full Time Staff 1
Part Time Staff 3
Volunteers 10
Contractors 3
Retention Rate 100%
Management Reports to Board? Yes
Staff Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 0
Caucasian 1
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Staff Demographics - Gender
Male 2
Female 2
Unspecified 0
Former CEOs
NameTerm
Grant PhelpsJune 2016 - July 2017
Richard YoungMay 2013 - June 2016
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
NonManagement Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually
Description
The Common Market will be a 23,000 square foot year-round multivendor public market opening in Summer 2020 in the heart of the historic Southeast Greyhound Building at 101 W. Loudon.
The Common Market will be for, by, and about our neighbors. 
It will provide a wide range of functions: retail space for 60 vendors, 8 food vendors, event space for cultural and community events, play space including an indoor playground, shared kitchen and meeting spaces - making it a community social and cultural hub.
The Common Market will allow small businesses to grow while minimizing risk by providing affordable rents and opportunities for incremental growth.
This collection of businesses, programming & activities will create much more traffic than any one business would on its own, and will provide something for everyone, giving many reasons for customers to return again and again, to make this place a part of their daily life.
 
 
Budget 2,400,000
Category Community Development, General/Other Community Economic Development
Population Served Poor,Economically Disadvantaged,Indigent, Minorities, Families
Program Short Term Success Create platform to incubate, foster, and grow 40-50 businesses each year, to create a low-risk way to create jobs/businesses. Allow neighbors to own, control, and be a driving force in the flagship development in the neighborhood. Allow neighbors, especially those of marginalized groups, to benefit and profit from reinvestment occurring in the neighborhood.
Program Long term Success The Common Market will create a platform for neighbors, especially those of marginalized groups, to grow their personal, familial, and generational wealth in a way that is not possible in a purely capitalist economy. The affordable access to local goods and foods will improve health outcomes for neighbors, and the net-zero energy consumption goals of the project will not only reduce global warming, but will act as a teaching tool and tangible example to neighbors in a place nearly devoid of such technologies and narratives.
Description

The Night Market is a monthly pop-up street festival that occurs on the corner of North Limestone St. and Loudon Ave. A publicity platform for neighborhood businesses, the Night Market also highlights our neighborhood’s creativity and brings people from all over Lexington together. The market itself features booths with local artists, makers, businesses, and non-profits, and the street is transformed through lighting, street trees, and vendor booths.

The Night Market coordinates cultural programming by raising awareness of cultural organizations and artists in the neighborhood, it grows economic vibrancy by supporting the neighborhoods businesses and promoting new business development, it increases access to social services by creating a free platform for social service organizations to promote themselves, and enhances public space by providing a free, safe, and beautiful gathering spaces for the community.

Budget 25000
Category Community Development, General/Other Neighborhood Revitalization
Population Served General/Unspecified
Description

Winner of a $425,000 grant proposal from ArtPlace America, this project is designed to rehabilitate the North Limestone neighborhood’s historic workforce housing, and prepare it for the 21st Century economy.

The LuigART Makers Spaces addresses all of the NoLi CDC’s livability strategies. It develops housing affordability through the Housing Initiative, coordinates cultural programming through residency programs and facilitating live/work space, grows economic vibrancy and increases access to social services through equity programs, and addresses threats to neighborhood historical resources by saving and rehabilitating the fabric of the neighborhood since it was developed at the turn of the 20th century. Through promoting homeownership, intentional programming based on the neighborhood’s historical context, and public safety by design principles, we hope the LuigART Makers Spaces will serve as a reference point for both for-profit and nonprofit developers in Lexington’s Northside.

Budget 330000
Category Housing, General/Other Affordable Housing
Population Served General/Unspecified
Description

The plan will see the design and construction of a rain garden in Castlewood Park that will address stormwater runoff from the Loudon House. This area was identified as an essential stormwater project in the LFUCG funded stormwater feasibility study in 2012. The primary function of the rain garden will be to use amended soils and native Kentucky plants to slow stormwater runoff, filter non-point source pollutants and recharge groundwater supplies. The secondary function of the rain garden will be to develop a unique facility to support community education, awareness and engagement for stormwater related efforts. Anoth- er aspect of the plan would plant 120 street trees throughout the neighborhood. This plan would bring 100 rain barrels into our neighborhood at no cost to the community, while educating residents on the value of rain barrels, and how to install them. 

Budget 94000
Category Environment, General/Other Water Pollution Control
Program Comments
CEO Comments Our organization stands in the middle, between outside investors on once side, and activists on the extreme other end. We feel that it is important to hear all sides, and make sure that those people and groups usually left out of conversations about policy and investment are heard, are invited to the table, are considered. We acknowledge that neighborhood infrastructure is in a deteriorated state, but those who have lived here for decades deserve to have infrastructure that works for them, and that these things are not improved just to attract or accommodate a changing class of residents and property owners.  
Plans & Policies
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Under Development
Years Strategic Plan Considers N/A
Management Succession Plan? Under Development
Organization Policy and Procedures Under Development
Nondiscrimination Policy Under Development
Whistleblower Policy Yes
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Awards
Awards
Award/RecognitionOrganizationYear
Outstanding Achievement in Human RightsLFUC Human Rights Commission2018
Government Licenses
Is your organization licensed by the Government? No
Financials
Revenue vs Expenses - All Years
Expense Breakdown - Recent Year
Fiscal Year
Fiscal Year Start Jan 01, 2019
Fiscal Year End Dec 31, 2019
Projected Revenue $244,400.00
Projected Expenses $226,381.00
Endowment Value $8,261.00
Spending Policy N/A
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available). Revenue from foundations and corporations may be included in individual contributions when not itemized separately.
Fiscal Year201820172016
Foundation and
Corporation Contributions
------
Government Contributions$0$471,197$91,299
Federal------
State------
Local------
Unspecified--$471,197$91,299
Individual Contributions$121,825$142,166$176,984
------
($26,797)($148,332)($14,586)
Investment Income, Net of Losses$146$113--
Membership Dues------
Special Events------
Revenue In-Kind------
Other$7,500$60,000--
Expense Allocation
Fiscal Year201820172016
Program Expense$320,944$295,944$225,815
Administration Expense$140,855$131,861$102,025
Fundraising Expense$5,947$11,050--
Payments to Affiliates------
Total Revenue/Total Expenses0.221.170.75
Program Expense/Total Expenses69%67%67%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201820172016
Total Assets$829,711$815,450$1,132,183
Current Assets$487,337$563,276$564,521
Long-Term Liabilities$231,689$282,886$1,132,183
Current Liabilities$4,638$916$1,868
Total Net Assets$593,384$964,785$878,496
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose To raise capital to build out The Common Market, a multi-vendor public market, small business incubator, and community & cultural space.
Goal $2,400,000.00
Dates June 2019 to Jan 2020
Amount Raised To Date 560400 as of Aug 2019
Capital Campaign Anticipated in Next 5 Years? No
State Registration Yes
Address 714 North Limestone St.
Unit B
LEXINGTON, KY 405083521
Primary Phone 859 379-2049
Contact Email info@nolicdc.com
CEO/Executive Director Kristofer Nonn
Board Chair Kim Green
Board Chair Company Affiliation Kentucky Department of Public Advocacy