New Rockford Area Betterment Corporation

http://www.cityofnewrockford.com

The New Rockford Area Betterment Corporation (NRABC) is a 501(c)(3) non-profit corporation established in 1990 to generate new and additional tax revenues for New Rockford and Eddy County.


Mission Statement:

The NRABC aids in the generation of new and additional tax revenues for New Rockford and Eddy County, North Dakota, by promoting the growth and expansion of commercial and industrial business, with an emphasis on very small and minority-owned businesses that may be unable to obtain aid from conventional sources. We also work to improve the overall health of the county and to foster community betterment through capacity building, grant writing and training.

Current Staff

Sarah Smith Warren, Executive Director
Jessica Dillon, Assistant Director
Brittany Allmaras, Rockin' Fitness Manager


2013 Board of Directors

Tracy Henningsgard, President
Melinda Martin, Vice President
Jim Belquist, Secretary/Treasurer
Stuart Richter
Dr. Robert Belquist
Craig Meehan
Dr. Michael Nicolai
Todd Allmaras
Dr. Robert Cudworth
Adnan Aldayel
Jordon Meier
Jill Louters


Company History

In the early 1990's, the NRABC attracted a $1.8 million bison processing facility, the first in the United States to be dedicated entirely to bison. Since then, the NRABC has operated a revolving loan fund and has assisted with many business start-ups, particularly micro-businesses whose primary owners did not have access to traditional financing. The NRABC also contracts with other agencies, including the Small Business Development Center and the Small Business Administration, to offer business planning, finance and marketing assistance to local businesses.

In 2006 the NRABC hired an Exective Director to focus on community development activities as well, as the NRACBC believes that a community must be attractive to individuals and families in order to attract businesses. Therefore, the NRACBC has assisted with various community development projects recently, including the relocation and expansion of the city library, the addition of a job/skills training center, renovation of the city park, and the creation of a housing incentive program.

New additions in 2011 include four new units of rental housing, a 24/7 fitness center, and a ramped up focus on providing grantwriting assistance to several projects planned by other community organizations.

The NRABC is a member of the Economic Development Association of North Dakota, an industry association for economic development professionals. We actively collaborate with other development corporations through this organization for the benefit of the region and the state.