Sunshine Act Notice: Board of Directors Meeting 

Neighborhood Reinvestment Corporation, dba NeighborWorks® America, is required to provide notice of its board of directors meetings in accordance with the Sunshine Act (5 U.S.C. §552b).  Meetings of the board of directors are open to public observation, except for executive session — which is closed to the public pursuant to exceptions allowed by the Sunshine Act.  

This meeting will be held via conference call. Please contact Jenna Sylvester, paralegal, Office of the General Counsel 202-568-2560) for more information.

Audit Committee Meeting — November 29, 2023

In person at 1255 Union Street NE, 5th floor in Washington, D.C. or via conference call at 4 p.m. ET. The agenda includes:

• Call to order
• Sunshine Act approval to meet in closed session
• Executive (closed) session
  • GAO workplan update
  • Executive session with chief audit executive
• Open session - Action items
  • Deferred internal audit projects from FY 2023 internal audit plan
  • FY 2024 internal audit plan and risk assessment
  • Removal and replacement of conformance language
• Open session - Discussion items
  • Network watchlist report
  • Internal audit status reports
    • Internal audit performance scorecard
    • Implementation of internal audit recommendation
    • Officers report
    • Quality assurance improvement policy

Post Meeting Notice for Regular Board of Directors Meeting held Nov. 29, 2023

Board of Directors Meeting — October 19, 2023

In person at 1255 Union Street NE, 5th floor in Washington, D.C. or via conference call at 2 p.m. ET. The agenda includes:

• Call to order
• Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Report from CEO
  • Report from CFO
  • GAO workplan update
  • Interim general counsel report
  • CIO report
  • NeighborWorks Compass update
• Open session - Action items
  • Approval of meeting minutes 
  • Aug. 3 special audit committee meeting
  • Aug. 17 - annual board of directors meeting
  • Professional learning and event management solution
  • Atlanta office lease
• Open session - Discussion items
  • Oct. 2 audit committee meeting report
  • National NeighborWorks Association presentation
  • Capital corporations leadership 
    • Community Housing Capital
    • NeighborWorks Capital
  • Inflation Reduction Act update
  • FY 2024 corporate scorecard
• Management program background and updates
  • Other reports
    • 2023 board calendar
    • 2023 board agenda planner
    • CFO report
      • Financials through July 31, 2023
      • Single invoice approvals $100,000 and over
      • Vendor payments $350,000 and over
      • Exceptions
    • Programs dashboard
    • Housing Stability Counseling Program (HSCP)
    • Strategic plan scorecard - FY23 Q3 (Q3 production)
• Adjournment

Post Meeting Notice for Regular Board of Directors Meeting held Oct. 19, 2023
Prior to closing a portion of this Regular Board of Directors Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b.  A copy of that certification is available upon request. The Board of Directors voted to close the meeting to the public, with all Board members present voting in favor: Chair Rodney Hood, Lisa Cook, Martin Gruenberg, and Adrianne Todman.

Executive (Closed) Session was attended by the Board members: Ms. Cook, Mr. Gruenberg, Mr. Hood, and Ms. Todman.  A portion of the Executive (Closed) Session was attended by Ms. Gardineer.

Board Members’ staff also attended Executive (Closed) Session: Tonya Thompson from the Office of the Comptroller of the Currency; Rachel Ackmann, Javier Clawson, Trey Damron, JeanMarie Mattingly, and Naghi Khaled from National Credit Union Administration; Kim Copa, Sheikha Kapoor, and Liz Ortiz from Federal Deposit Insurance Corporation; and Candace Herring and Heidi Kaplan from the Federal Reserve Board.

Some or all of Executive (Closed) Session was attended by: Marietta Rodriguez, President & Chief Executive Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Susan Ifill, Executive Vice President & Chief Operating Officer; Kate Titford, Interim General Counsel; Troy Steckler, Senior Advisor to the CFO; Fred Udochi, Chief Audit Executive; and Arturo Weldon, Chief Information Officer.

Audit Committee Meeting — October 2, 2023

Via conference call at 5 p.m. ET. The agenda includes:

• Call to order
  • Approval of Government in Sunshine Act Notice Waiver for a Meeting of the Board of Directors
• Open session
  • FY2023 External Audit Update
• Open session - Action Items
  • Draft Policy Statement on Internal Audit Independence and Objectivity  
  • Deferred Internal Audit Projects from FY2023 Internal Audit Plan
  • AP/ACH Transactions (FY 2023)
  • Third Party Vendor Management – Gappify Vendor Portal Post Implementation Review
• Open session - Discussion Items
  • Whistleblower Policy / Process Update
  • Internal Audit Status Reports
    • Internal Audit Performance Scorecard
    • Implementation of Internal Audit Recommendations
    • Officers Report
  • Sunshine Act Approval of Executive (Closed) Session
• Executive (closed) session
  • GAO Workplan Update
  • Executive Session with Interim General Counsel
  • Executive Session with Chief Audit Executive
  •  Adjournment  

Post Meeting Notice for Audit Committee Meeting Held Oct. 2, 2023
Prior to closing a portion of this Audit Committee Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2. A copy of that certification is available upon request. The Audit Committee voted to close the meeting to the public, with all Committee members voting in favor: Chair Grovetta Gardineer, Martin Gruenberg, and Adrianne Todman.

Executive (Closed) Session was attended by the Committee Members: Ms. Gardineer, Mr. Gruenberg, and Ms. Todman. 

Board Members’ staff also attended Executive (Closed) Session: Tonya Thompson and Barry Wides from the Office of the Comptroller of the Currency; Javier Clawson and Trey Damron from National Credit Union Administration; Sheikha Kapoor and Liz Ortiz from Federal Deposit Insurance Corporation; and Heidi Kaplan from the Federal Reserve Board.

A portion of the Executive (Closed) Session was attended by: Marietta Rodriguez, President & Chief Executive Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Susan Ifill, Executive Vice President & Chief Operating Officer; Kate Titford, Interim General Counsel; Troy Steckler, Senior Advisor to the CFO; Yonas Tessema, SVP& Controller; Fred Udochi, Chief Audit Executive; and Arturo Weldon, Chief Information Officer.

Board of Directors Meeting — August 17, 2023

In person at 1255 Union Street NE, 5th floor in Washington, D.C. or via conference call at 2 p.m. ET. The agenda includes:

• Call to order
• Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Report from CEO
  • Report from CFO
  • GAO workplan
  • General counsel report
  • CIO report
  • NeighborWorks Compass update
• Open session - Action items
  • Resolution of recognition of service for Chairman Gruenberg
  • Approval of meeting minutes - June 22 annual board of directors meeting
  • FY 2024 preliminary spend plan
• Open session - Discussion items
  • Annual ethics review - follow up
  • Professional learning and event management solution
  • Atlanta office lease
  • Management program background and updates
  • Other reports
    • 2023 board calendar 
    • 2023 board agenda planner
    • CFO report
      • Financials (through May 31, 2023)
      • Single invoice approvals $100,000 and over
      • Vendor payments $350,000 and over
      • Exceptions
  • Programs dashboard
  • Housing Stability Counseling Program (HSCP)
  • Strategic plan scorecard - FY23 Q2 (Q2 production)

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b (f) (1).  A copy of that certification is available upon request.  The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor:  Chair Rodney Hood, Director Lisa Cook, Director Grovetta Gardineer, Director Martin Gruenberg, and Director Adrianne Todman.

Executive (Closed) Session was attended by the Board members:  Ms. Cook, Ms. Gardineer, Mr. Gruenberg, Mr. Hood, and Ms. Todman. 

The Executive (Closed) Session was also attended by:  Marietta Rodriguez, President & Chief Executive Officer; Susan Ifill, Executive Vice President & Chief Operating Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Kate Titford, Interim Executive Vice President & General Counsel; Arturo Weldon, Chief Information Officer; and Fred Udochi, Chief Audit Executive. 

Board Members’ staff also attended Executive (Closed) Session:  Tonya Thompson and Barry Wides from the Office of the Comptroller of the Currency; Faith Rogers from the U.S. Department of Housing & Urban Development; Javier Clawson, Trey Damron, JeanMarie Mattingly, and Martha Ninichuk from National Credit Union Administration; Kym Copa, Sheikha Kapoor, and Liz Ortiz from Federal Deposit Insurance Corporation; and Heidi Kaplan and David Newville from Federal Reserve Board. 

Audit Committee Meeting — August 3, 2023

The agenda included: 

• Call to Order
• Approval of Government in Sunshine Act Notice Waiver for a Meeting of the Audit Committee of the Board
• Sunshine Act Approval of Executive (closed) Session
• Executive (Closed) Session
  • External Auditor Discussion/Review
  • Discussion with Chief Audit Executive
  • Adjournment

Post Meeting Notice
Prior to closing a portion of this Audit Committee Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2.  A copy of that certification is available upon request.  The Audit Committee voted to close the meeting to the public, with all Committee members voting in favor:  Chair Grovetta Gardineer, Martin Gruenberg, and Adrianne Todman.

Executive (Closed) Session was attended by the Committee Members:  Ms. Gardineer, Mr. Gruenberg, and Ms. Todman. Fred Udochi, Chief Audit Executive, also attended the Executive (Closed) Session.

Board Members’ staff also attended Executive (Closed) Session:  Tonya Thompson and Barry Wides from the Office of the Comptroller of the Currency; Ruth Roman from the U.S. Department of Housing & Urban Development; Javier Clawson, Trey Damron, and JeanMarie Mattingly from National Credit Union Administration; Sheikha Kapoor and Liz Ortiz from Federal Deposit Insurance Corporation; and Heidi Kaplan from Federal Reserve Board. 

A portion of the Executive (Closed) Session was attended by:  Marietta Rodriguez, President & Chief Executive Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Kate Titford, Interim General Counsel; Arturo Weldon, Chief Information Officer; and Yonas Tessema, SVP & Controller. 

Board of Directors Meeting — June 22, 2023

In person at 1255 Union Street NE, 5th floor in Washington, D.C. or via conference call at 2 p.m. ET. The agenda includes:

• Call to order
  • Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Report from CEO
  • Report from CFO
  • General Counsel report
  • NeighborWorks Compass update
  • Officer compensation review
• Open session - Action items
  • Board elections
    • Election of board chair and board vice chair
  • Board appointments
    • Appointment of Audit Committee
  • Management elections
    • Election of the officers and chief audit executive
  • Approval of minutes
    • Regular board of directors - April 20, 2023
    • Audit Committee - May 23, 2023
  • Approval of the FY 2022 external audit
  • Grants to the capital corporations
  • Increase of contract authority for IT&S technical contract
  • Expanded spending authority for large events
• Open session - Discussion items
  • May 23, 2023, Audit Committee meeting report
  • Annual ethics review
  • Governance operations guide annual review
  • CIO report
  • Laptop purchases
• Management program background and updates
  • Other reports
  • 2023 board calendar
  • 2023 board agenda planner
  • CFO report
    • Financials through March 31, 2023
    • Single invoice approvals $100,000 and over
    • Vendor payments $350,000 and over
    • Exceptions
  • Programs dashboard
  • Housing Stability Counseling Program (HSCP)
  • Strategic plan scorecard - FY23 Q2

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor:  Chair Martin Gruenberg, Vice Chair Rodney Hood, Director Lisa D. Cook, Director Grovetta Gardineer, and Director Adrianne Todman.

Executive (Closed) Session was attended by the Board Members:  Ms. Cook, Ms. Gardineer, Mr. Gruenberg, Mr. Hood, and Ms. Todman. 

Board Members’ staff also attended Executive (Closed) Session:  Kym Copa, Liz Ortiz, and Sheikha Kapoor from Federal Deposit Insurance Corporation; Andrew Dumont from the Federal Reserve Board;  Trey Damron, JeanMarie Komyathy, and Martha Ninichuk from the National Credit Union Administration;  Tonya Thompson from the Office of the Comptroller of the Currency; and Ruth Roman from the U.S. Department of Housing & Urban Development. 

A portion of Executive (Closed) Session was attended by:  Marietta Rodriguez, President & Chief Executive Officer;  Susan M. Ifill, Executive Vice President & Chief Operating Officer;  Kemba Esmond, Executive Vice President & Chief Financial Officer; Arturo Weldon, Executive Vice President & Chief Information Officer; Kate Titford, Interim General Counsel; Fred Udochi, Chief Audit Executive; and April Brady, SVP – Human Resources.

Audit Committee Meeting — May 23, 2023

In person at 1255 Union Street NE, 5th floor in Washington, D.C. or via conference call at 3:30 p.m. ET. The agenda includes:

• Call to Order
• Open Session - Action Items
  • Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Government Accountability Office (GAO) report, recommendations and responses
  • Other matters
  • Adjournment

Post Meeting Notice
Prior to closing a portion of this Audit Committee Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Audit Committee of the Board of Directors voted to close the meeting to the public, with all Committee members present at the time of the vote voting in favor:  Chair Grovetta Gardineer and Director Adrianne Todman.

Executive (Closed) Session was attended by the Committee Members:  Ms. Gardineer and Ms. Todman. 

Committee Members’ staff also attended Executive (Closed) Session:  Tonya Thompson from the Office of the Comptroller of the Currency; and Ruth Roman from the U.S. Department of Housing & Urban Development. 

The following Officers and Board Appointee also attended Executive (Closed) Session:  Marietta Rodriguez, President & Chief Executive Officer;  Kemba Esmond, Executive Vice President & Chief Financial Officer; Kate Titford, Interim General Counsel; Fred Udochi, and Chief Audit Executive.

Board of Directors Meeting — April 20, 2023

The agenda included:

• Call to order
• Approval of Government in Sunshine Act Notice of Waiver for a meeting of the board of directors
• Open session - Discussion items (part 1)
  • FY 2022 external audit discussion with BDO auditors
  • Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Executive session with BDO auditors
  • Special topic
  • Report from CEO
  • Report from CFO
  • General Counsel report
  • NeighborWorks Compass update
• Open session - action items
  • Approval of meeting minutes from Feb. 16 board of directors meeting, March 6 special board of directors meeting and March 16 Audit Committee meeting
  • Appointment of Adrianne Todman to the Audit Committee
  • CIGNA special delegation
  • NeighborWorks Compass: Strategy and contracting authority
• Open session - Discussion items (part 2)
  • March 16 Audit Committee report
  • Report from CIO
  • IT tech support contract - request to increase contract amount
  • Capital corporations update and grant request for June
  • Investment policy review
  • Expanded spending authority for large events
  • Management program background and updates
    • Other reports
      • 2023 board calendar
      • 2023 board agenda planner
      • CFO report
        • Financials (through Jan. 31, 2023)
        • Single invoice approvals $100,000 and over
        • Vendor payments $350,000 and over
        • Exceptions
      • Programs dashboard
      • Housing Stability Counseling Program (HSCP)
      • Strategic plan scorecard - FY23 Q1

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor:  Chair Martin Gruenberg, Vice Chair Rodney Hood, Director Lisa D. Cook and Director Adrianne Todman.

Executive (Closed) Session was attended by the Board Members:  Ms. Cook, Ms. Gardineer, Mr. Gruenberg, Mr. Hood, and Ms. Todman.  Ms. Titford also attended.

Board Members’ staff also attended Executive (Closed) Session:  Kym Copa, Liz Ortiz, and Sheikha Kapoor from Federal Deposit Insurance Corporation; Heidi Kaplan and Angelyque Campbell from the Federal Reserve Board;  Trey Damron, JeanMarie Komyathy, and Martha Ninichuk from the National Credit Union Administration;  Karen Bellesi and Tonya Thompson from the Office of the Comptroller of the Currency; and Faith Rogers and Ruth Roman from the U.S. Department of Housing & Urban Development.

A portion of Executive (Closed) Session was attended by Jason Aldridge and Andy Afuang of BDO-USA, LLP; Marietta Rodriguez, President & Chief Executive Officer;  Susan M. Ifill, Executive Vice President & Chief Operating Officer;  Kemba Esmond, Executive Vice President & Chief Financial Officer; Arturo Weldon, Executive Vice President & Chief Information Officer; and Fred Udochi, Chief Audit Executive.  

Audit Committee Meeting — March 16, 2023

The agenda included: 

• Call to Order
• Open session – Discussion items – Part I
  • FY22 External Audit – BDO
• Open session – Action item – Part I
  • Sunshine Act Approval of Executive (closed) Session
• Executive (Closed) Session
  • Executive Session with External Auditors – BDO
  • Executive Session with Chief Audit Executive
• Open Session – Action item – Part II
  • Approval of FY22 External Audit
  • Professional Services & Vendor Contracts $20K and Under
  • Housing Stability Counseling Program (HSCP) Grant Awards
• Open Session - Discussion Items – Part II
  • Internal Audit Status Reports
    • Internal Audit Reports Awaiting
    • Management’s Response
      • AP/ACH FY22
    • Internal Audit Performance Scorecard
    • Implementation of Internal
    • Audit Recommendations
    • Officers’ Report as of 2.6.2023
    • Dependent on Other IT Project Management (IAM)
  • Internal Audit Charter

Post Meeting Notice
Prior to closing a portion of this Audit Committee Meeting to the public, NeighborWorks America’s Interim General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 or (c)4. A copy of that certification is available upon request. The Audit Committee voted to close the meeting to the public, with all attending Audit Committee members voting in favor: Chair Grovetta Gardineer and Director Rodney Hood.

A portion of executive session was attended by: Jason Aldridge, Andy Afuang, and Ashley Reynolds from external audit firm BDO-USA; Kate Titford, Interim General Counsel; Fred Udochi, Chief Audit Executive; Sheikha Kapoor and Liz Ortiz from Federal Deposit Insurance Corporation; Heidi Kaplan and Amanda Roberts from Federal Reserve Board; Trey Damron, JeanMarie Komyathy, and Martha Ninichuk from National Credit Union Administration; and Karen Bellisi, Tonya Thompson, and Barry Wides from the Office of the Comptroller of the Currency.

Board of Directors Meeting — March 6, 2023

The agenda included: 

• Call to order
• Action items - part 1
  • Approval of Government in Sunshine Act Notice Waiver for a meeting of the board of directors
  • Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Board discussion
• Action items - part 2
  • Election of interim general counsel

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s Deputy General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 or (c)4.  A copy of that certification is available upon request. The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor: Chair Martin Gruenberg, Director Lisa D. Cook, Director Grovetta Gardineer, Director Rodney Hood, and Director Adrianne Todman.
 
Executive session was attended by:  Marietta Rodriguez, President & Chief Executive Officer; and April Brady, SVP - Human Resources.  
 

Board of Directors Meeting — Feb. 16, 2023

The agenda included: 

• Approval of government in Sunshine Act notice waiver for a meeting of the board of directors
• Sunshine Act approval of executive (closed) session
• Executive (closed) session
• • Special topic 1
  • Special topic 2
  • Report from CEO
  • Report from CFO
  • General Counsel report
  • NeighborWorks Compass update
• Open session - Action items
  • Authority to contract for development services for NeighborWorks Compass
  • Approval of minutes for regular board of directors meeting on Dec. 15, 2022
  • Election of the vice chair
  • FY23 all-sources budget
  • Authority to increase spend for procurement management system (PRISM)
• Open session - Discussion items
  • Report from CIO
  • CIGNA special delegation
  • D.C. office relocation update
• Management program background and updates
• Other reports
  • 2023 board calendar
  • 2023 board agenda planner
  • CFO report
    • Financials through Oct. 31, 2022
    • Single invoice approvals $100,000 and more
    • Vendor payments $350,000 and more
    • Exceptions
  • Programs dashboard
  • Housing Stability Counseling Program (HSCP)
  • Strategic plan scorecard - end of FY 2022 report

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s General Counsel, Rutledge Simmons, certified that in his opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor:  Chair Martin Gruenberg, Director Lisa D. Cook, Director Grovetta Gardineer, Director Rodney Hood, and Director Adrianne Todman.

A portion of Executive session was attended by:  Marietta Rodriguez, President & Chief Executive Officer;  Susan M. Ifill, Executive Vice President & Chief Operating Officer;  Kemba Esmond, Executive Vice President & Chief Financial Officer;  Rutledge Simmons, Executive Vice President & General Counsel/Corporate Secretary;  Arturo Weldon, Executive Vice President & Chief Information Officer;  Fred Udochi, Chief Audit Executive;  Kate Titford, Senior Vice President & Deputy General Counsel;  Yonas Tessema, Senior Vice President & Controller;  and Elena Marcuss, Partner - McGuireWoods, LLP.  

The following Board Members’ staff also attended a portion of closed session:  Kym Copa, Liz Ortiz, and Sheikha Kapoor from Federal Deposit Insurance Corporation; Lucy Chang, Heidi Kaplan, and Amanda Roberts from the Federal Reserve Board;  Trey Damron, JeanMarie Komyathy, and Martha Ninichuk from the National Credit Union Administration;  Karen Bellesi and Tonya Thompson from the Office of the Comptroller of the Currency; and Faith Rogers and Ruth Roman from the U.S. Department of Housing & Urban Development.

Board of Directors Meeting — Dec. 15, 2022

The agenda included: 

• Sunshine Act approval of notice to proceed without one-week notice
• Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Special topic
  • Report from CEO
  • Report from CFO
  • General Counsel report
  • NeighborWorks Compass update
• Open session — Action items
  • Approval of minutes
    • Regular board of directors on Oct. 20, 2022 
    • Audit committee meeting on Nov. 18
• Open session — Discussion items
  • Nov. 18 Audit committee report
  • Future of NeighborWorks training
  • Report from CIO
  • D.C. office relocation update
• Management program background and updates
  • Other reports
    • 2023 board calendar
    • 2023 board agenda planner
    • CFO report
      • Financials through Sept. 30, 2022
      • Single invoice approvals $100,000 and over
      • Vendor payments $350,000 and over
      • Exceptions
    • Programs dashboard
    • Housing Stability Counseling Program (HSCP)
    • Strategic plan scorecard - FY22 Q4

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America’s General Counsel, Rutledge Simmons, certified that in his opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor:  Chair Martin Gruenberg, Director Lisa D. Cook, Director Grovetta Gardineer, Director Rodney Hood, and Director Adrianne Todman.

A portion of Executive Session was attended by the following NeighborWorks America staff:  Marietta Rodriguez, President & Chief Executive Officer; Susan M. Ifill, Executive Vice President & Chief Operating Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Rutledge Simmons, Executive Vice President & General Counsel/Corporate Secretary; Kate Titford, Senior Vice President & Deputy General Counsel; and Chris Marshall, Senior Vice President, IT&S.  

The following Board Members’ staff also attended closed session:  Jennifer Fernandez and Heidi Kaplan from the Federal Reserve Board;  Liz Ortiz, Kym Copa, Sheikha Kapoor, and Rich Foley from Federal Deposit Insurance Corporation;  Ruth Roman from the U.S. Department of Housing & Urban Development;  Karen Bellesi, Hershel Lipow, and Tonya Thompson from the Office of the Comptroller of the Currency;  and Trey Damron and JeanMarie Komyathy from the National Credit Union Administration.

Audit Committee Meeting — Nov. 18, 2022

The agenda included: 

• Call to order
• Sunshine Act approval of executive (closed) session
• Executive (closed) session
  • Executive session with chief audit executive
• Open session — Action items
  • FY23 Internal Audit plan and risk assessment
  • Network disaffiliation
  • Proposal to cancel COVID-19: Return to office
  • Proposal to defer projects to FY23
    • Identity access management
    • Third-party vendor management - Gappify post implementation review
• Open session — Discussion
  • Internal Audit status reports
  • Internal Audit reports awaiting management's response
    • Procurement - Professional and vendor service contracts that are equal to or less than $20,000 (FY22)
  • Internal Audit performance scorecard
  • Implementation of Internal Audit recommendations
  • Dependent on other IT 

Post Meeting Notice
Prior to closing a portion of this Audit Committee Meeting to the public, NeighborWorks America’s Deputy General Counsel, Kate Titford, certified that in her opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4.  A copy of that certification is available upon request.  The Audit Committee voted to close the meeting to the public, with all attending Committee members voting in favor: Chair Grovetta Gardineer, and Board Member Rodney Hood.

Closed session was attended by Fred Udochi, Chief Audit Executive. The following Board staff also attended closed session: Rich Foley from Federal Deposit Insurance Corporation; Heidi Kaplan from the Federal Reserve Board; Hershel Lipow and Tonya Thompson from the Office of the Comptroller of the Currency; and Trey Damron, JeanMarie Komyathy, and Martha Ninichuk from the National Credit Union Administration.  

Board of Directors Meeting — Oct. 20 2022

The agenda included: 

• Call to order
• Sunshine Act resolution to proceed without one-week public notice
• Sunshine Act approval of executive (closed) session
• Executive session
  • Report from CEO
  • Report from CFO
  • General Counsel report
  • NeighborWorks Compass - future planning discussion
• Open session - Action items
  • Recognition of service for Governor Bowman
  • Approval of minutes
  • Special board of directors Aug. 5, 2022
  • Regular board of directors Aug. 18, 2022
  • Audit Committee Sept. 8, 2022
  • FY 2022 HUD housing counseling award
  • Revised whistleblower policy
  • Revised code of ethical conduct
• Open session - Discussion items
  • Sept. 8, 2022 Audit Committee Report
  • Report from CIO
  • FY 2023 corporate scorecard
  • D.C./New York City office relocations update
• Management program background and updates
  • Other reports
    • 2022 board calendar
    • 2022 board agenda planner
    • CFO report
    • Financials through July 31, 2022
    • Single invoice approvals $100,000 and over
    • Vendor payments $350,000 and over
    • Exceptions
    • Programs dashboard
    • Housing Stability Counseling Program (HSCP)
    • Strategic plan scorecard FY22 Q3 (with Q3 production)

Post Meeting Notice
Prior to closing a portion of this Board of Directors Meeting to the public, NeighborWorks America's General Counsel, Rutledge Simmons, certified that in his opinion the meeting may be closed to the public under the exemptions afforded by 5 USC 552b(c)2 and (c)4. A copy of that certification is available upon request. The Board of Directors voted to close the meeting to the public, with all attending Board members voting in favor: Chair Martin Gruenberg, Director Rodney Hood, and Director Adrianne Todman, Director Grovetta Gardineer.

Closed session was attended by: Marietta Rodriguez, President & Chief Executive Officer; Susan M. Ifill, Executive Vice President & Chief Operating Officer; Kemba Esmond, Executive Vice President & Chief Financial Officer; Rutledge Simmons, Executive Vice President & General Counsel/Corporate Secretary; Arturo Weldon, Executive Vice President & Chief Information Officer; and Fred Udochi, Chief Audit Executive. 

The following Board Members' staff also attended closed session: Jennifer Fernandez and Heidi Kaplan from the Federal Reserve Board; Liz Ortiz from Federal Deposit Insurance Corporation; Hershel Lipow and Tonya Thompson from the Office of the Comptroller of the Currency; and Trey Damron, Jean Marie Komyathy, Martha Ninichuk from the National Credit Union Administration.