CCWBE Report

Organization:
Cooperation Racine
Reporting Period:
Jun 2024
Submitted on:
July 23, 2024
Submitted By:
Andrea Yarbrough

Pre-Development Projects

Project Goals

What proportion of Goal 1 overall is complete at this point?

80%

What are the barriers and opportunities for completion that impacted goal 1 in the last month?

No barriers. We are finalizing our bylaws and membership structure.

What proportion of Goal 2 overall is complete at this point?

70%

What are the barriers and opportunities for completion that you impacted goal 2 in the last month?

We are completing our permit set with a goal of submitting by August 5th to the City of Chicago.

What proportion of Goal 3 overall is complete at this point?

60%

What are the barriers and opportunities for completion that you impacted goal 3 in the last month?

We are still seeking access to capital with a focus on private capital to start phase I of our construction. We are waiting to hear back from Kataly Foundation and Good Chaos with the hope of raising 1M.

CWB Ecosystem

Did you access Technical Assistance for your CWB project last month?

No

Which TA provider(s) did you work with within the Phase I CWEB grantees?

Which TA providers did you work with OUTSIDE of the Phase I CWEB grantees?

Did someone from your organization attend the Working Group this month?

Yes

How would you rate the usefulness of the working group to your project last month? (on a scale of 1-5)

Very useful

How would you rate the usefulness of the Working Group for building community?

Somewhat useful

What have been the two most valuable contributions of the Working Group this month?

Knowledge
Collaboration

Please share any comments about the working group meetings.

Renee's presentation on the wins at the county level for co-ops in relation to the ESOP policy being put in front of city council was much appreciated.

How many TOTAL housing units did you preserve or create last month? (it is okay if the answer is zero)

0

How many TOTAL CWB businesses did you develop last month? (it is okay if the answer is zero)

0

Community Engagement

Number of stakeholder meetings held related to your Pre-Development Project?

7

Number of community meetings attended last month related to your Pre-Development Project?

2

Organizational Capacity

Service / Capacity

Service Capacity

Accounting & Financial Management

4

Advocacy

5 extensive ability

Conflict Resolution

5 extensive ability

Cooperative Development and Operations

3 some ability

Education & Training

3 some ability

Fundraising or Raising Capital

3 some ability

Governance / Legal

3 some ability

Marketing & Communications

2

Other

N/A

Project Management

3 some ability

Real Estate Acquisition & Development

3 some ability

Relationship Building

4

Research

2

Other (please describe and include ranking)

What constraints or limitations with internal capacity is the organizarion experiencing related to its Pre-Development Project?

We could use marketing and branding support! Access to non-extractive capital

What opportunities, if any, did the organization take advantage of related to its Pre-Development Project?

Attended the National Black Cooperative Developers Conference

Optional Space

Please use this space to elaborate, contextualize, or add any additional info about the details submitted in your report: