The Organization – Neighborhood Development Alliance
POSITION PROFILE: EXECUTIVE DIRECTOR – NEIGHBORHOOD DEVELOPMENT ALLIANCE
kpCompanies is leading the search for the next Executive Director for Neighborhood Development Alliance. This individual will lead and manage all aspects of the organization, including finances, budgeting, fundraising, personnel and public relations.
THE ORGANIZATION: NEIGHBORHOOD DEVELOPMENT ALLIANCE
Neighborhood Development Alliance is a community development corporation located in St. Paul that has been operating since 1989. We are a HUD-certified counseling agency providing pre-purchase homebuyer education and advising, foreclosure prevention advising, and refinance advising primarily in Spanish. We also originate Credit Builder Loans, Home Improvement Loans, and Consumer loans. We also build and rehabilitate various affordable housing, both rental and ownership. The organization has a staff of nine with consolidated revenues of approximately $2 MM and an operating budget of $1,000,000.
Position Overview
POSITION:
The Executive Director will work with the Board of Directors. The Executive Director is responsible for identifying opportunities for NeDA to achieve its mission. The Executive Director monitors all organization activities and reports bi-monthly to the Board of Directors.
JOB DUTIES AND RESPONSIBILITIES:
• Board Support: Ensure informed, timely policy decision-making by the Board of Directors. Educate and provide resources related to governance and specific programs. And provide timely project updates, both written and verbal.
• Strategic Planning: Works with the Board to develop both short and long-range goals and work plans. Facilitate board and staff Member interaction for reassessing priorities and renewing our commitment to our mission and vision.
• Program and Project Development: Work with the Associate Director to Initiate, delegate, and evaluate projects and programs that address the organization’s mission, build credible and effective results, and ensure continued funding and support. Assure viable and healthy partnerships. Create and maintain community relations appropriate to the continuation/completion of programs/projects. Develop and maintain strong relationships with local, state, and federal government officials and staff.
• Asset Management: Review property management reports and budgets for NeDA’s affordable rental housing (Bluff Park Homes, The Terraces, Villa del Sol, Stryker Senior Housing). Ensure timely, accurate reporting to project funders/investors.
• Real Estate Development: Seek opportunities on St. Paul’s West Side to develop ownership and affordable rental housing projects (new construction and/or purchase rehab). This includes refinancing currently owned affordable housing projects, i.e., The Terraces.
• Financial Management: Develop and recommend the operating budget to the board. Monitor accounting systems, including annual audits, to provide sound fiscal management of the organization. Develop and maintain contact with existing and potential foundation and corporate funders, government agencies, and clients to develop and maintain financial support for the organization and its projects and programs. Review each project and program budget for feasibility. Oversee and monitor long-term financial/contractual relationships with limited partners (rental property). Work with the finance committee to provide timely reports to the Board of Directors.
• Staff management: Working with the Associate Director on hiring and supervising all personnel. Provide resources, direction and support to staff members to conduct activities, which ensure the development of performance objectives. Monitor and evaluate performance. Create and manage a culturally diverse work environment.
• Oversee with Associate Director NeDA’s Community Development Financial Institution (CDFI) NeDA Centro de Finanzas. NeDA Centro originates credit builder, consumer, and home rehab loans.
Responsibilities of all NeDA Employees
• Provide examples of commitment to NeDA and its mission.
• Possess a sense of accountability: know that the quality and timeliness of your work impacts others.
• Treat coworkers, partners, and clients respectfully; acknowledge that people come from various backgrounds.
• Demonstrate a commitment to customer service.
• Work collaboratively with staff: pitch in when needed, deliver on commitments and demonstrate appreciation for others’ contributions.
REQUIRED QUALIFICATIONS:
Below are some typical requirements for an Executive Director. We recognize that skill sets can be a complex combination of experiences. If your background does not precisely match these requirements, but you have a passion for our work, we would love to hear from you, and we recognize the value of transferable skills.
• Prior experience as executive director or other senior management position of a nonprofit organization.
• Bachelor’s or master’s degree or equivalent experience in related field.
Deep knowledge in at least one, and preferably all of our business lines (Homeownership Counseling, Real Estate Development, Lending).
• Demonstrated experience in fund development.
• Experience influencing public policy.
• Demonstrated ability to effectively work with Boards of Directors in furthering an organization’s mission
• Strong financial management skills.
• Experience with managing public funding sources, including federal programs.
• Experience instilling a culture of inclusiveness, equity, accountability, and transparency.
Nice to Have:
• Bilingual in both Spanish and English, written and verbal.
• Ability to work primarily from NeDA’s office.
• Experience in commercial building asset/property management. (NeDA owns its own building)
Equity & Salary Disclosure
We believe in practices that create real equity and pay parity regardless of background or identity. We freely discuss compensation with all qualified candidates the first time we interview them. Saving the salary discussion for the first conversation allows us to understand the needs of each candidate fully and to ensure that qualified candidates, even those who’ve historically been overlooked and/or underpaid, don’t self-select out of the processes based on salary alone, as our experience and research suggest. In addition to those who opt out because they fear the salary may be out of reach for them, we equally don’t want to miss out on conversations with candidates who are slightly over the range when in some cases, the total compensation, including factors such as bonuses, flexibility, and better health benefits, etc. may exceed expectations. Finally, as a search firm, we always seek top-notch talent to introduce to our clients. Should the salary or any other requirement not be a fit, there is often a chance that someone on our team is working on another position you may be a better fit for. If you would like to discuss your qualifications for this role and salary and compensation, call us, and we’d be happy to discuss.
How To Apply
Please apply on the website: https://recruitcrm.io/apply/16986878014460037823TqU?source=ABFEPosting