Community Futures Manitoba

EXECUTIVE COMMITTEE

Chairperson - Glen Flett, Norway House Community Council
Vice Chairperson - June Chu, Wabowden 
Treasurer - Les Ellsworth, City of Thompson
Secretary - Darlene Beck, Incorporated Community of Cross Lake
Past Chair – Marcel Moody, Nisichawayasihk Cree Nation

COMMUNITIES & BOARD OF DIRECTORS

COMMUNITY DEVELOPMENT COMMITTEE

Darlene Beck
Frances McIvor
Penny Byer
June Chu

The Community Development Committee (CDC) meets on a bi-monthly basis throughout the year. Committee Members are appointed during the Annual General Meeting. Volunteers on the CDC do not have to be Board Members of the Corporation.

BUSINESS DEVELOPMENT COMMITTEE (INVESTMENT REVIEW COMMITTEE)

Penny Byer, Committee Chair
Glen Flett
June Chu
Keith Burak
Louisa Constant
Joanne Pronteau
Nick DiVirgilio

The Business Development Committee (BDC) meets on a monthly or as-needed basis to review CFNCD loan applications. The committee is made up of volunteer representatives from communities in the North Central Region. CFNCD encourages representation from each of the three types of communities in our region (Urban Industrial, First Nation and Indigenous and Northern Relations) on all committees of the organization, including the Business Development Committee. Committees of the organization are appointed annually at the Annual General Meeting. The BDC Committee is also available to volunteers who are not Board Members of the Corporation.

POLICY

Election of Board Members/Officers

Board of Directors, The Corporation shall be governed by a Board of Directors composed of those representatives appointed by member communities in the North Central region.
The Corporation shall be governed by a Board of Directors composed of those representatives appointed by member communities in the North Central region. Directors will be appointed for a three year term, renewable to an additional two consecutive terms for a maximum of nine years. An individual must wait for a minimum of one-year before they are eligible for reappointment to the Board, after having served the maximum tenure of nine (9) years.

Officers

The Officers of the Board of Directors are:
• the Chairperson,
• the Vice-Chairperson,
• the Secretary,
• the Treasurer and,
• the Past Chairperson
The Officers of the Board of Directors are elected by the Board for a term of one year at the first meeting in each fiscal year. They represent the community groups (First Nations, Northern Affairs, Urban Industrial).
The term of office is one year. All Officers may be re-elected for more than one term.
If an Officer is not re-appointed by the member Community that officer may continue their term until the first meeting of the Board in the fiscal year.
An Officer may be expelled from office by unanimous vote of the Board of Directors at any meeting of the Board.

Board Committees / Executive Committee

The Executive Committee of the Board of Directors will be appointed as follows:
• The Chairman of the Board shall be the Chairman of the Executive Committee,
• The Vice-Chairman of the Board will be the Vice-Chairman of the Executive Committee,
• The Secretary of the Board will be the Secretary of the Executive Committee, and
• The Treasurer of the Board will be the Treasurer of the Executive Committee.

Standing / Other Committees

The Board will establish the following as standing committees of the Corporation:
• Business Development (Investment Review Committee), and
• Community Development Committee (Includes: Youth/Disability)

Nomination Committee

The Nominating Committee is to be comprised annual by members named by the Executive Committee at the first meeting, including: immediate Past Chair (if available) or predecessor, General Manager and Volunteer (familiar with Community Futures North Central Development).

Board Recruitment

Residents of the North Central region may apply through their local municipality / band office to become Community Futures Board Members. Applications must be approved by resolution of councils.
Municipality / Band Officers may appoint by resolution, a member of their council or community to the CFNCD Board of Directors.

Board Composition

The property and business of the Corporation shall be managed by a Board of Directors consisting of a maximum of seventeen. A majority of active members of the Board of Directors constitute a quorum at meetings of the Board for the transaction of business.
The ownership and control of the Corporation is vested in the Board of Directors, who represent a cross-section of geographic and sectorial interests throughout the region. Representatives will represent the following community groups: First Nations, Northern Affairs, and Urban Industrial.

The Corporation will strive to have gender balanced representation. Composition of the board will aim to represent the following sectors:

Business
Communication
Tourism
Transportation
Entrepreneurship
Economic / Community Development

CFNCD POLICY ON PROCESS OF APPEALS

Business Development Committee (BDC) shall have as its terms of reference:

• To received and review applications for loans, guarantees and/or equity participation place before it and decide on approval or rejection of such applications
• To review major conditions and terms set out in agreements with clients who are to receive financial assistance from Community Futures North Central Development
• To review major conditions and terms set out in agreements with clients who are to receive financial assistance from other sources
• To maintain a continuing review of loans, guarantees and equity interests made by Community Futures North Central Development

In the event that a client wishes to appeal the decision of the BDC, the following process will be undertaken.

Upon receipt of written notice by the client, exact information provided to members of the BDC will be forwarded to CFNCD Board of Directors. Their role will be:

• Review loan decision made by CFNCD BDC which is under appeal. Following a review, the Board shall provide clear, non-binding recommendations to the appellant as to whether the organization's loan decision should be:

1. Upheld
2. Amended, including recommendations as to the specific amendments.

In the event the decision is upheld, the applicant may provide notice in writing to consider a further and final appeal process which includes forwarding exact information provided to BDC and Board of Directors to Community Futures Investment Fund Committee located in Winnipeg, Manitoba.

This is a provincial association that works with 16 CF offices across Manitoba and the committee is comprised of board members from various CF Offices. The role for this committee with be:

• Review loan decisions under appeal. Following a review of the appeal, the committee shall provide clear, non-binding recommendations to the appellant and the referring CF organization as to whether the CF organization's loan decision should be:

1. upheld
2. Amended, including recommendations as to the specific amendments.

The Appeals Committee will strive to provide the appellant and CFNCD with its recommendations within 15 business days of receiving all of the following:

1. Notice of appeal
2. A copy of the documentation, e.g. loan assessment, provided to and the decision made by the original lending decision authority within CFNCD
3. Any additional documentation provided for, and the written results of the initial appeal of the decision at the local CF organization level
4. Provide to CFNCD recommendations and lessons learned from loan decision appeal reviews regarding best practices for assessing and approving investment applications and for dispute resolution.

CFNCD Privacy Code