Governance for ROC USA® , LLC is placed with a Board of Directors. Directors are drawn from the members, community leaders, Certified Technical Assistance Providers, and other industry experts.
Our Board of Directors (January 2013)
L to R: Natividad Seefeld, Adnan Bokhari, Lois Parris, Michael Forster, Julie Eades, Paul Bradley, Andrea Levere, Scott Sporte, Michael Swack. Missing: John Wiltse, Terry Simonette.
2013 BOARD OF DIRECTORS:
Andrea Levere, President, CFED
John Wiltse, Senior Operations Director, PathStone, Inc.
Juliana Eades, President, NH Community Loan Fund
Michael Forster, Chief Financial Officer, NeighborWorks® America
Michael Swack, Research Professor, The Carsey Institute and the Whittemore School of Business and Economics, UNH
Natividad Seefeld, President, Park Plaza Cooperative (MN)
Lois Parris, President, Lakes Region MH Cooperative (NH)
Paul Bradley, President, ROC USA, LLC
Scott Sporte, Managing Director - Innovative Community Lending, NCB Capital Impact
Terry Simonette, President & CEO, NCB Capital Impact
Adnan Bokhari, CFO, CFED
ROC USA® , LLC is organized as a Limited Liability Company in Delaware. ROC USA received its 501(c)3 non-profit tax-exempt organization approval from the Internal Revenue Service in May of 2008.
As a non-profit LLC, ROC USA has three non-profit members, each of which has provided funding and serves on the ROC USA Board of Directors. (Members in an LLC are like “shareholders”. In this case, these non-profit members put up money, organization support and technical help for ROC USA.) They are:
the Corporation for Enterprise Development (CFED) is a Washington, DC based non-profit working to take asset-building successes to scale. Its I’M HOME (Innovations in Manufactured Housing) program promotes innovation and asset-building strategies in the manufactured housing sector. CFED is positioned, with Ford Foundation support, to provide national infrastructure, technical assistance, and catalyst and implementation grants to help take resident ownership to scale. www.cfed.org
New Hampshire Community Loan Fund:
Since 1984, the Community Loan Fund has been the principal architect of the nation’s best-known and deepest manufactured home community market development strategy. In 2004, the Community Loan Fund started training other non-profits in the U.S. on resident ownership, and in 2006, began incubating ROC USA with intellectual capital and logistical support. The Community Loan Fund’s ROC-NH program is a ROC USA Network Certified Technical Assistance Provider and remains a leader in testing innovation and system-building. www.theloanfund.org
NCB Capital Impact:
As the non-profit affiliate of NCB (the National Cooperative Bank), NCB Capital Impact provides financial services and technical assistance to empower underserved communities. NCB Capital Impact programs create more affordable homeownership, long-term care innovations, and facilities for community healthcare centers and charter schools. NCB Capital Impact was one of the earliest lenders to resident-owned communities in the US, and through ROC USA, continues its service to this segment of affordable housing and cooperative ownership. www.ncbcapitalimpact.org
While not a member, NeighborWorks America is a key financial supporter having provided an equivalent grant investment as members and taking a governance role on our Board of Directors. NeighborWorks® is a federally-chartered organization created by Congress to provide financial support, technical assistance, and training to community-based revitalization efforts. With national and local partners, NeighborWorks® has been creating new opportunities for residents while improving neighborhoods since 1978. www.nw.org