Executive Director

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:

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.