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.