Ms. Nelmark was named MMCDC’s president in August 2018, after developing and leading the company’s New Markets Tax Credit Financing division since our first allocation. She led the deployment of $544 million of NMTC allocation across Minnesota and surrounding states, for dozens of projects ranging from $250,000 to $20 million.

Originally from Illinois, Ms. Nelmark received her bachelor’s degree from Benedictine University, where she was Accounting Major of the Year. She received her CPA certification and went on to receive a master’s of management degree from Kellogg Graduate School of Business at Northwestern University. She held a number of accounting, finance and analyst positions for Amoco Corp. and subsidiaries, and managed the budgeting – strategic planning area for Advance Transformer Company before joining MMCDC.

Points of Interest

She and her husband own an interest in the family dairy farm near Wolf Lake, Minnesota.

Julia Nelmark