MEDA ANNUAL REPORT 2019 READY FOR THIS. 2 CONTENTS

LEADERSHIP LETTER 3 ABOUT MEDA 4 2019 AT A GLANCE 5 CLIENT HIGHLIGHT 6 CLIENT IMPACT 7 MINNEAPOLIS MBDA BUSINESS CENTER 8 MILLION DOLLAR CHALLENGE 10 CLIENT HIGHLIGHT 12 ENTREPRENEUR OF THE YEAR 13 CORPORATION OF THE YEAR 14 VOLUNTEER OF THE YEAR 15 CHAMPION OF THE YEAR 16 CLIENT HIGHLIGHT 17 2019 FINANCIALS 18 CONTRIBUTORS 19 MEDA BOARD MEMBERS 20 MEDA STAFF AND VOLUNTEERS 21

MEDA ANNUAL REPORT 2019 LEADERSHIP LETTER 3 HELLO FRIENDS,

Meda was founded in the aftermath of lending for growth oriented minority-owned the 1967 riots on Plymouth Avenue, where businesses. We will be tripling our lending our offices sit today. Our founders believed capacity while finding new ways to deliver our supporting entrepreneurs of color was key technical assistance to more clients. Meda to addressing the growing racial economic will also be launching new and impactful disparities in our city and state. programs like our anchor initiative which matches minority-owned contractors to We find ourselves in an all too familiar place corporate contracting opportunities. today. The Minnesota and United States of 2020 are mirror images of 1967. Why is that? We are humbled to be leading Meda in Because we as a people and society have not these times. The effects of the pandemic done nearly enough to bring economic equality and unrest have created challenges for minority to every community. We have not done the entrepreneurs unlike anything they have faced. hard work of breaking down the systemic and Our team has pivoted seamlessly to supporting institutionalized barriers to creating opportunity our clients with virtual business counseling, and wealth in every family. emergency and disaster funding and access to an array of resources to help through this time. The protests and unrest of the last few We are extremely proud of our team. months have laid bare the need to address these inequities in wealth, education, housing, The pandemic has forced all of us to find new health care, criminal justice, transportation ways to work. For Meda it has accelerated the and economic mobility. If we do not solve opportunities foreseen in our strategic planning these issues and create the equality promised – virtual business consulting, expansion of to us, more unrest is on the horizon and our lending platform, leveraging volunteers, worse, no progress will be made for our and finding new connections and networks communities of color. for our clients. Meda’s mission of “Helping Minority Our clients continue to amaze and inspire. Entrepreneurs Succeed” is rooted in the Through the unexpected and historic knowledge that wealth creation is key to challenges of 2020, they remain optimistic, solving these inequities. By supporting with two-thirds knowing they will return minority entrepreneurs who create jobs, to pre-pandemic performance. They, too, we are generating homeowners, funding are proud of their own teams. And despite for schools and supporting minority their stress and uncertainty, our clients are entrepreneurs as they realize access to health helping their neighbors and community benefits, economic stability, respect from our through all of this. government and the opportunity to achieve What is past is prologue. This is as true today their dreams. This is as true today as it was as it was when first written. We have immense over 50 years ago. challenges ahead of us. But with our team, our Meda’s new strategic plan charts a course clients and our mission, trust us when we say, that will amplify the impact of our services Meda is Ready For This. and products. Meda will be investing in and growing those activities that we know BARBARA BUTTS WILLIAMS are most effective-business consulting and AND ALFREDO MARTEL

MEDA ANNUAL REPORT 2019 4 ABOUT MEDA

WHAT MEDA DOES

Meda is a full-service business Meda is a growing Community consultancy and lender providing Development Financial Institution wrap-around services to minority- (CDFI) and provides much-needed owned businesses. Meda’s services capital for minority-owned businesses are focused on the three M’s all to scale and become sustainable. businesses need to succeed: Finally, through the Minneapolis Education, Money and Minority Business Development Markets. Meda’s provide Agency Business Center and our their expertise to its clients across an anchor initiatives, Meda connects array of issues from strategic planning clients with corporate and to mergers and acquisitions. governmental contract opportunities.

2019 CLIENT DISTRIBUTION BY INDUSTRY 1% Agriculture, Forestry, Fishing and Hunting 1% Finance and Insurance 1% Real Estate Rental and Leasing 2% Administrative Support and Waste Management 2% Wholesale Trade 3% Educational Services 4% Information 4% Arts, Entertainment and Recreation 4% Transportation and Warehousing 6% Manufacturing 9% Construction 10% Retail Trade 12% Accommodation and Food Service 12% Health care and Social Assistance 13% Professional, Scientific and Technical Service 16% Other Industries

MEDA ANNUAL REPORT 2019 2019 AT A GLANCE 5

2019 AT A GLANCE

4% American Indian or Alaska Native (Indigenous)

18% Asian 714 NUMBER OF CLIENTS SERVED

2019 CLIENT 1,579 DEMOGRAPHIC JOBS CREATED OR RETAINED

16% Hispanic, Latino, or Spanish 62% Black or $17.2 M African American TOTAL FINANCING SECURED

41% Female $4.05B TOTAL CONTRACTS WON BY CLIENTS 2019 CLIENT DEMOGRAPHIC 3 MERGERS AND ACQUISITIONS 59% Male

MEDA ANNUAL REPORT 2019 6 CLIENT HIGHLIGHT

NEKA CREATIVE

Rosemary Ugboajah started trusted business inclusive brands and looks her business 11 years ago, from the moment Neka forward to many more fueled by her passion for Creative became a client. successful years. creative brands. “At that From certification guidance time, however, I knew to financial education to “Thanks to Meda, I nothing about running a strategic advice, Meda have an invaluable business. My many years of played an instrumental business advocate experience in the advertising part in Neka Creative’s in my corner.” industry was matched by sustainability and growth. an equal dose of naiveté Today, Ugboajah celebrates ROSEMARY UGBOAJAH in business management,” a passion for building says Rosemary. Rosemary’s business, Neka Creative, has played an essential part in Meda’s brand. Neka Creative designed the logo and branding. According to Ugboajah, Meda became a

Rosemary Ugboajah, Chief Executive Officer, Neka Creative

MEDA ANNUAL REPORT 2019 CLIENT IMPACT 7

CLIENT IMPACT

56% 67%

*OF MEDA’S CLIENTS *OF MEDA’S CLIENTS EMPLOYEES ARE MINORITIES OWN THEIR HOME

$21/hour 15 AVERAGE WAGE PAID MEDA’S CLIENTS BY MEDA’S CLIENTS MADE BANKABLE

*Based on Meda’s 2018 and 2019 Client Impact Survey

MEDA ANNUAL REPORT 2019 8 MINNEAPOLIS MBDA BUSINESS CENTER

MINNEAPOLIS MBDA BUSINESS CENTER

Since 2011, Meda has operated the This recognition measures the results award-winning Minneapolis Minority most important to our clients – job Business Development Agency (MBDA) creation, revenue growth, contracts Business Center. The Minneapolis won and financing secured. The MBDA Center is part of a network Minneapolis MBDA Center was also of 41 centers around the country. recognized for the highest dollar Meda’s Minneapolis MBDA Center amount in Contract/Procurement focuses on helping minority-owned reaching $4.05 billion in the past businesses create and retain year. Finally, George Jacobson, the sustainable, quality jobs. director of Meda’s MBDA Center, was a featured speaker on best practices Our center accomplishes this through at the 2019 National Conference. individualized consulting, securing capital for clients and helping them obtain contracts. For the last four consecutive years, the U.S. Department of Commerce has recognized Meda’s Minneapolis MBDA Business Center as the top performing center in the United States.

MEDA ANNUAL REPORT 2019 MINNEAPOLIS MBDA BUSINESS CENTER 9

From left to right: Henry Childs, MBDA National Director; Edgardo Rodriguez, Meda; Sam Ndely, Meda; Uri Camarena, Meda; George Jacobson, Meda MBDA Director; Efrain Gonzalez, Associate Director MBDA.

“I am so proud of all the work we have done and honored to be recognized for that work for the fourth time. These honors are thanks to the remarkable minority business owners Meda represents and the expertise of our wonderful staff. We, at Meda, are constantly trying exemplify and uplift the perseverance, tenacity and determination of the entrepreneurs we work with, and these honors highlight our collective success.”

ALFREDO V. MARTEL, MEDA PRESIDENT AND CEO

MEDA ANNUAL REPORT 2019 10 MILLION DOLLAR CHALLENGE

MANY THANKS TO OUR SPONSORS AND PARTNERS

MEDA ANNUAL REPORT 2019 MILLION DOLLAR CHALLENGE 11

CHALLENGE WINNERS

CARE + WEAR PHENOMIX CIVIC EAGLE $500,000 $500,000 $200,000

Care + Wear is the leading provider Phenomix Sciences is an early- It starts with providing better access of innovative health wear focused stage startup providing health to information about the policies on creating positive experiences care solutions that will enable that impact us. Unfortunately, it’s for people everywhere. Working in personalized management of currently challenging to gain clear conjunction with patients, clinicians chronic diseases with better understanding on legislation and and designers, Care + Wear creates efficacy, fewer side effects proposed laws. Civic Eagle provides functional, fashionable and medically and lower costs. workflow solutions for public policy superior products that promote professionals. It is part of the safety, dignity, style and comfort. Techstars Anywhere cohort.

MEDA $1 MILLION CHALLENGE JUDGES Jerry Mattys, Tactile Medical Mike Robinson, Lifetime Fitness Barbara Butts Williams, Megan Selby, 3M, Consumer Wayne Volland, Marketing Focus Capella University Healthcare Division Leo Lopez, Old National Bank David Rudolph, Chase Lube-Tech Dave Stascavage, Stephen Wolff, Minnesota Department of Mark Tierney, Ebenex Paul Meyerling, Spell Capital Employment and Economic Development Matt Stokes, KS State Bank David Parish, GD Parish Group Mimi Bekele, US Bank Wealth Management Chris Garcia, Lee & Associates and Investment Services John Montague, Added Value Mark Jessen, Jessen Printing Consulting Group Rise of the Rest Seed Fund Aia Sarycheva, Jonathan Cooper, Bank of America Manny Munson-Regala, UnitedHealthcare Diane McMonigal-Paterson, Saint Thomas University Allison Barmann, Bush Foundation Joel Lebewitz, Lurie, LLP JoAnne Stately, Minneapolis Foundation

MEDA ANNUAL REPORT 2019 12 CLIENT HIGHLIGHT

MINNESOTA INTERPRETERS AND LANGUAGES

The idea for MINT formed 10 years ago through Jose Tori-Maguina’s work as an independent contractor and his studies in organizational leadership in a Doctor of Education program. Manguina created MINT to empower Limited English Speakers, community partners, interpreters, employees and all involved. Founded in November of 2013, some of the initial difficulties came from finding contracts and work. After filing MINT with the Minnesota Secretary of State, the business made sufficient income. Tori-Maguina’s relationship with business consultant, Nick Wolff, “has been an important resource for years now.” Speaking to the current state of our world, Tori-Maguina stated, “This was no different as the COVID-19 crisis began.” MINT has remained on the path of success through the direction of resources provided by their Meda business consultant and innovative ideas, such as accelerating their business goal to implement Video Remote Interpreting as a core service.

Jose Tori-Maguina, Founder and CEO, Minnesota Interpreters and Languages

MEDA ANNUAL REPORT 2019 ENTREPRENEUR OF THE YEAR 13

GLORIA CONTRERAS EDIN

Gloria is the epitome of perseverance and using this by becoming a lawyer her success to uplift others. Gloria was born into and establishing her own a family of immigrants from Mexico and raised law firm. Gloria’s law firm, in East Los Angeles. As a single mother raising Contrera and Metelska, a child at a young age, Gloria was no stranger PLLC, works in federal to struggle. But like the true entrepreneur she litigation. Her inspiration is, she never lost hope or stopped pursuing and vision are to help her her dreams to become a lawyer. In Gloria’s community. She has faced experience, she believes that laws have not many challenges as a female, always benefited immigrants and refugees minority business owner. in the United States. So, she set out to change “My goal is to provide freedom and justice to all individuals.”

GLORIA CONTRERAS EDIN

Gloria became connected to Meda after being denied by many banks to get her first business loan. Meda helped Gloria draft her loan application and business plan, and she was given a line of credit to open her first office. From there, her company has grown and prospered. She is incredibly honored to be named Entrepreneur of the Year. Gloria Contreras Edin, Owner and Manager, Contrera and Metelska, PA

MEDA ANNUAL REPORT 2019 14 CORPORATION OF THE YEAR

CHOICE BANK

Choice Bank is one of the fastest growing banks Meda to help all people and one of the top employers in the country. succeed. It is with great Almost 10 years ago, Choice Bank partnered honor that they receive the with Meda as a loan processor. Their partnership award for Corporation of converted Meda’s manual transactions and the Year and look forward posting of individual payments into a well- to the partnership with developed system created by Choice Bank which Meda in years to come. has allowed Meda to streamline their services “People are of value and more efficiently help their entrepreneurs. regardless of their At Choice Bank, people are the priority. color.” Choice Bank’s “people first” approach guides their business model and work with entities like JOHN FRITZ AND DAN MCCARVEL

John Fritz (left), MN Market President and Dan McCarvel (right), SVP and Commercial Loan Officer, Choice Bank

MEDA ANNUAL REPORT 2019 VOLUNTEER OF THE YEAR 15

JOEL LEBEWITZ

Joel has worked as a volunteer at events. Meda is deeply indebted to Meda since 1985 and then became Joel and his service to Meda. Joel a board member in 2000. For these believes there is no better place to past thirty-five years, Joel has been find advocacy for others than with a mainstay at Meda. From 2016- the clients at Meda, and he enjoys 2018, Joel led Meda as Chair of its working with Meda’s dynamic Board of Directors. He has served consultants and innovative on various board committees, most entrepreneurs. Joel illuminates recently helping shape Meda’s 2020- the components of genius in each 2025 strategic plan on the Strategic entrepreneur who comes to Meda, Planning and Partnership Committee. and this is where he finds the most Joel continues to collaborate with joy in his work. Joel knows that by Meda consultants to help further our advancing the creative thinkers in entrepreneurs and businesses. And our world, we are creating a better you can find Joel as all of Meda’s place to live.

“I wanted to do something that could help make a difference.”

JOEL LEBEWITZ

Joel Lebewitz, Partner, Lurie, LLP

MEDA ANNUAL REPORT 2019 16 CHAMPION OF THE YEAR

NANCY BROOKS

An important question on the minds of people for the program. And after today is, how does a person serve others? seeing the impact and Nancy Brooks believes that serving others comes success, she used her through serving your employees, customers and network to successfully community. Nancy first got involved with Meda’s recruit the participation of board through Best Buy. Since then, Nancy has other big-name companies been an incredible advocate for Meda in many like Target, Traveler’s ways, including her exciting work with Ascend Companies, General Mills Twin Cities. She was instrumental in committing and Thrivent. Outside of Best Buy to participate as an anchor institution Meda and Best Buy, Nancy also served in the U.S. Navy. She helps high schoolers with their applications for their appointments in the U.S. Naval Academy.

“It’s very humbling... so thank you.”

NANCY BROOKS

Nancy Brooks, Chief Procurement Officer, Best Buy

MEDA ANNUAL REPORT 2019 CLIENT HIGHLIGHT 17

PLYMOUTH PSYCH GROUP

While training at Mt. Sinai, Dr. Israel Sokeye “One of the most became interested in learning more about valuable tools running an independent organization. In 2011, I have learned Plymouth Psych Group was founded. “Our initial from Nick Wolff challenge was finding the right people to hire,” is to have access says Dr. Sokeye, “As we started to grow, we to information. had additional learning hurdles such as making I have always a website and learning which payroll platform said, information was the best to use.” Plymouth Psych Group’s allows you to gain growth period was a risky time for the business. knowledge, and After Meda got involved when Dr. Sokeye’s knowledge is business was growing, helping accelerate potential power.” revenue, Dr. Sokeye started looking for financial DR. ISRAEL SOKEYE plans with his business consultant.

Dr. Israel Sokeye, Psychiatrist, Plymouth Psych Group

MEDA ANNUAL REPORT 2019 18 2019 FINANCIALS

FINANCIALS

STATEMENT OF FINANCIAL POSITION Assets Cash and Investments 6,587,180 Accounts Receivable 1,738,160 Prepaid Expense 141,208 Loans Receivable-Meda Loan Program (net of loss allowance) 17,370,720 Property and Equipment (net of depreciation) / Leased Assets 1,145,026 TOTAL ASSETS 26,982,294

Liabilities Current Liabilities / Deferred Revenue 844,288 Loan Program Participations / Assigned Loans 1,482,507 Notes Payable / Lease Liabilities 17,023,706 TOTAL LIABILITIES 19,350,501

Net Assets Net assets without donor restrictions 4,777,064 Net assets with donor restrictions 2,854,729 TOTAL NET ASSETS 7,631,793

STATEMENT OF FINANCIAL ACTIVITIES Revenue without donor restrictions Personal and Corporate Contributions 613,082 Private Foundation Grants 435,250 Special Events (net) 448,259 Fees and Service Revenues 352,257 Federal / State Government Funding 1,989,571 Investment and Loan Interest Income 870,562 In-Kind Contributions 79,739 Other 571 Revenue with donor restrictions Private Foundation Grants 1,146,750 TOTAL REVENUES 5,936,042

Expenses Program Service 5,057,879 General and Administrative 807,142 Fund Development 913,801 TOTAL EXPENSES 6,778,822

CHANGE IN NET ASSETS (842,780)

MEDA ANNUAL REPORT 2019 CONTRIBUTORS 19

CONTRIBUTORS

CAPITAL $1,000 – $4,999 CORPORATE Hallberg , Inc. CAMPAIGN Tennant Foundation SPONSORSHIP Integrated Staffing Solutions, LLC Kraus-Anderson Maicher CPAP, LLC DONORS Presenting Association for Enterprise Meyer Companies McKnight Foundation Opportunities Wells Fargo Northern Lights Auto Sales, Inc. U.S. Bank Brad Pomerleau Platinum Plymouth Psych Group 21st Century Bank Best Buy Prieto Taqueria Bar, LLC CORPORATE, Dick and Joyce BMO Harris Bank Ramon Ramirez FOUNDATION McFarland Family Target Corporation Quintero CPA, LLC AND INDIVIDUAL Al Mendoza U.S. Bank The Landreau Group Vance DeMong SUPPORT Trust Home Care Charitable Trust Gold $150,000 and Above SIT Investment Associates Ernst & Young Ruby JPMorgan Chase Foundation General Mills El Burrito Mercado Foundation Megan Selby Estes Enterprises, Inc. Surdna Foundation Mark and Rosario Schindele Silver Hallberg Engineering, Inc. McKnight Foundation Darrin Moquist Capella University Innocent Technologies, LLC Steven Singer Lurie, LLP $50,000 – $75,000 KNOCK, Inc. Matt Lyons Medtronic, PLC Knight Foundation Minuteman Press BookBottles, LLC UnitedHealthcare General Mills Uptown Success Computer Xcel Energy Medtronic Foundation $1 – $999 Consulting Minnesota Chamber U.S. Bank Esete Bekele of Commerce Sapphire Wells Fargo Martha Curreau Meyer Contracting Bronze Bush Foundation Ann Anaya SM Engineering Company, Inc. 3M Armstrong Family Foundation $10,000 – $49,999 Andersen Corporation Marcia and Brad Ballinger GOVERNMENT Xcel Energy Associated Bank JE Dunn CONTRACT AND Cargill Foundation Bremer Bank PR International, Ivy Chang GRANTS Twin Cities Metro CDC Country Financial Sara Idle Travelers Companies Fredrikson & Byron, P.A. U.S. Department of Mule 2.0, LLC Commerce – Minority Business Bank of the West Kraus-Anderson James and Hope Scannell Development Agency The Carlson Family Minnesota Vikings Foundation Barbara Kennedy U.S. Small Business Northeast Bank Foundation Fredrikson & Byron, P.A. Craig Veurink Administration Rockler Companies, Inc. Old National Bank Andersen Corporation U.S. Department of Treasury Ryan Companies US, Inc. – Community Development Rich Tofte $5,000 – $9,999 Topsail Strategies, LLC Financial Institutions Fund Jashan Eison Securian Financial Travelers Companies State of Minnesota – Department Foundation Maria Reitan of Employment and Economic Development Fred C. and Katherine B. Joel Lebewitz MBE SPONSORS Andersen Foundation Camille Helou City of Minneapolis – Bihn Tran Diamond Community Planning and Barbara Butts Williams Economic Development Community First Fund Gene Sieve InGensa, Inc. NCIF Management, LLC Hoyt Hsiao Olu’s Beginnings IN-KIND Black Business Martha Currea Shaw-Lundquist Associates, Inc. Investment Fund Edg Productions Vicki Stute Emerald Texas Mezzanine Fund Fredrikson & Byron, P.A. David Rudolph Be Graceful Bakery City First Bank of DC KNOCK, Inc. Kevin Besikof and Catering, LLC CDC Small Business Finance Lurie, LLP John and Marcia Stout BGD Companies, Inc. McKnight Foundation Nancy Brooks Andrea Novak Contreras and Metelska, P.A. Target Corporation Hope Enterprise Corporation Megan Selby Custom Professional Travelers Companies Upholstery, Inc. Laura Helmueller Visions, Inc.

MEDA ANNUAL REPORT 2019 20 MEDA BOARD MEMBERS

MEDA BOARD MEMBERS

BOARD MEMBERS Mimi Bekele Laura Helmueller Jeffrey Payne Vicki Stute Human Resources Director, Senior Vice President, Commercial Relationship Vice President, Programs Wealth Management Division, Market Manager, Bremer Bank Manager, Vice President, and Business Services, U.S. Bancorp BMO Harris Bank Minnesota Chamber of Camille Helou Commerce Kevin Besikof Vice President, Director Brad Pomerleau Partner, Lurie, LLP of Healthcare Group, Vice President, Indirect John “JT” Taylor Kraus-Anderson Sourcing and Procurement Director, Supplier Diversity, Nancy Brooks Center of Excellence, Medtronic, PLC Vice President, Procurement, Hoyt Hsiao Target Corporation Best Buy President and CEO, Binh Tran Shaw-Lundquist Associates, Inc. Shawn Quant NA Regional Lead, Strategic Barbara Butts Williams Chief Information Officer, Sourcing and Procurement, Executive Dean, External Sara Idle Piper Sandler Companies Cargill Relations and Partnerships Global HR Leader, Strategic and Dean Emeritus, School of Sourcing and Procurement Maria Reitan Rich Tofte Business, Capella University and Sustainability, Cargill Principal, Topsail Strategies Senior Vice President, Business Banking, Wells Fargo Gloria Contreras Edin Joel Lebewitz David Rudolph Owner, Managing Attorney, Partner and Executive Region Manager, Minnesota, Craig Veurink Contreras and Metelska, P.A. Committee Member, Chase Senior Vice President, Lurie, LLP Regional Manager of Twin Martha Currea Megan Selby Cities Business Banking, Vice President, Indirect Matthew Lyons Vice President and U.S. Bank Sourcing and Global COEs, 2VP Corporate Procurement, General Manager, Consumer General Mills Travelers Companies Healthcare Division, 3M Carlton Weatherby Senior Director of Business Jashan Eison Al Mendoza Gene Sieve Integration Banking, President and CEO, Principal and Partner, VP, General Manager, Medtronic, PLC H&B Elevators Ernst and Young Burns & McDonnell Darren Moquist Steven Singer Gloria Freeman Rockler Companies CEO, Olu’s Home, Inc., CFO, Employer and Individual, CEO, UnitedHealthcare Olu’s Beginnings John Stout James Garness Andrea Novak Vice President and Manager, Supplier Diversity, Senior Vice President Shareholder, Xcel Energy of Marketing, Saint Paul Fredrikson & Byron, P.A. Port Authority

ADVISORY BOARD MINORITY BUSINESS ENTERPRISE ADVISORY COUNCIL

Jeanne Crain Gloria Freeman Dave Bice Ivy Chang President and CEO, CEO, Olu’s Home, Inc., Owner, Bald Eagle Erectors, Inc. Owner, PR International Bremer Bank Olu’s Beginnings Frederic Estes Elizabeth Sarquis Ben Fowke Mark Harris Owner, Estes Gift and News CEO and Founder, Jukko and Chairman, President President, Global Gaming Initiative and CEO, Xcel Energy Abundant Office Solutions Chris Garcia Principal, Lee and Sameer Kumar David Kvamme Jodie Tanaka Associates, CGC Commercial Co-founder and CEO, Regional President, President, HabitAware CEO (retired), Tempo Creative Consultants Juan Ramirez Wells Fargo CEO, Grupo Avance, LLC Erick Goodlow Tashitaa Tufaa Partner, 4RM+ULA Vance Opperman President and CEO, Jacqui Coleman President and CEO, Metropolitan Owner, VP, Business Jose Tori Maguina Key Investment, Inc. CEO, MINT Communications Transportation Network Development, InGensa, Inc. Gloria Contreras Edin Ken Powell Prince Wallace Mohammed Lawal Chairman and CEO Owner and Founder, President, Independent Principal Architect, CEO, Contreras and Metelska, P.A. (retired), General Mills Packing Services, Inc. Lawal, Scott, Erickson Architects Parag Shah Founder, Vemos

MEDA ANNUAL REPORT 2019 MEDA STAFF AND VOLUNTEERS 21

MEDA STAFF

ADMINISTRATION Alfredo V. Martel, President and CEO Scott Herron, IT Administrator Dan Holmquist, VP of Finance Rebecca Lahr, Data Manager Patrick Pariseau, VP of Lending and Consulting Solutions Seungsim (Lia) Kang, Senior Accountant Susan Gall, Chief of Operations Kristi Martinez, Executive Assistant Jeanie Nickel, Office Manager

FUND DEVELOPMENT AND MARKETING FINANCING SOLUTIONS Andrew O’Leary, Chief Development Officer Michelle Thorson, Financing Consultant Kathleen Simon, Director of Strategic Initiatives Randy Carlson, Financing Consultant Brettina Davis, Marketing Coordinator Scott Ochsner, Financing Consultant Ellie Hughes, Fund Development Manager Raynette Buerke, Loan Administration Manager Toneshia Robinson, Sr. Administrative Assistant Liz-Ann Fraser, Loan Processor

CONSULTING SERVICES

Uri Camarena, Director of Consulting Solutions Laura Saher, Business Consultant George Jacobson, Director of Minneapolis MBDA Nick Wolff, Business Consultant Jim Faricy, Business Consultant Britta Solberg Salas, Sr. Administrative Assistant Edgardo Rodriguez, Business Consultant

SUPPLIER DEVELOPMENT

Nancy Nichols, Director of Supplier Development

MEDA VOLUNTEERS

INDIVIDUAL VOLUNTEERS PRO BONO FIRMS John Stout Bob Ryan Ceiba Forte Law Fredrikson & Byron, P.A. Joel Lebewitz Clare Chisholm KNOCK, Inc. University of MN Law Clinic Kaleb Rumicho Dave Stascavage Lurie, LLP Darnell Cage Iliana Rossell Chris Pham Kevin Besikof GALA VOLUNTEERS Jessica Sharpe Connie Wilder Champale Carter Samantha Bassett J. Taylor Chris Shaw Philona Saunders Alesha Klein L. Brunner Dan Weston Erin Timmerman Bob Koehler

MEDA ANNUAL REPORT 2019 1256 Penn Ave. N, Suite 4800 Minneapolis, Minnesota 55411 Photo Credit: 612.332.6332 | www.meda.net Alex Carroll Photography