NALCAB Board of Directors


David Adame
President & CEO, CPLC
Phoenix, AZ

David Adame, President and CEO of Chicanos Por La Causa, Inc., (CPLC) leads the largest community development corporation (CDC) in Arizona and the third largest Hispanic CDC in the country.

A third generation Arizonian, David attended ASU on a music scholarship where he studied Finance. Upon graduating in 1985, David began his first tour at CPLC where he eventually became the Director of Economic Development. After two years, David accepted a position at JP Morgan Chase where he served as a Corporate Banking Associate and was then promoted to Assistant Vice President in the Retail Business Loan Center.

Following seven years at JP Morgan Chase, David left to become the Program Officer at the Local Initiatives Support Corporation (LISC) where he designed programs that assisted CDCs to develop single-family housing to support neighborhood revitalization efforts.

David left LISC in 1997 to become the Senior Deputy Director for Fannie Mae in their Arizona Partnership Office. In this role, David worked with the Director of Fannie Mae to form a comprehensive housing investment strategy to provide $15 billion in affordable mortgage financing. During this time at Fannie Mae, David earned his MBA from ASU.

After six years with Fannie Mae, David left to become Vice President of Arizona Operations for McCormack Baron Salazar, Inc. In this capacity, David oversaw the Matthew Henson HOPE VI project, which transformed the City of Phoenix’s public housing buildings into mixed-income, mixed-finance, and mixed-use community.

David returned to CPLC in 2008 serving as Chief Economic Development Officer. Since returning to CPLC, David has raised more than $250 million in resources from government agencies, corporations, and foundations all during one of the most severe recessions in US history. In addition, David has completed 12 real-estate development projects across Arizona valued at more than $60 million and has significantly expanded the number of CPLC owned and operated for-profit business ventures which contribute towards CPLC’s unique goal of becoming self-sufficient. David is greatly admired as a man of faith, his commitment to family, and his dedication as a strongly principled business and community leader.


Ruby Azurdia-Lee
President, Comunidades Latinas Unidas En Servicio (CLUES)
St.Paul/Minneapolis, MN

Ruby joined CLUES in August 2012, after a long professional career in philanthropy, media, and government. As the President of Minnesota’s largest Latino nonprofit, she oversees a $6+ million budget, 100 employees, and several programs and initiatives that focus on economic empowerment and self-sufficiency, healthcare prevention and direct services, and family support services for Latino and new immigrant adults, children, youth, and seniors. CLUES has offices in Saint Paul and Minneapolis and provides health prevention services throughout Minnesota.

For the previous sixteen years she was employed by The Northwest Area Foundation and The Saint Paul Foundation, whose strategic goals focused on anti-poverty and anti-racism efforts, respectively. As a Program Director at the Northwest Area Foundation she provided leadership in designing and carrying out the Foundation’s new strategic direction through its eight-state region. Throughout her 30 year career, Lee has served on numerous boards and committees and has provided leadership on several national philanthropic boards including Grantmakers Concerned with Immigrants and Refugees and the Four Freedoms Fund, whose funder-led Boards focus on immigrant integration and immigration efforts across the country. Ruby was born and raised in Guatemala City where her family still resides. She has been a strong advocate of Latinos and immigrants across the country and believes that collaboration and partnerships are two vital tools in finding solutions to the challenges immigrants face today.


Veronica Barela
President & CEO, NEWSED CDC
Denver, CO

Veronica Barela has served as the Director of NEWSED Community Development Corporation (NEWSED CDC) since 1978. NEWSED CDC is a nonprofit, community-based organization that provides a holistic approach to rebuilding the community and whose main focus is the revitalization of Denver’s near westside community and its commercial strip Santa Fe Drive.

Ms. Barela is recognized for her skills in community based economic development, community organizing, retail and housing development, events, arts and culture and civil rights work. Ms. Barela has served and now serves on several boards, commissions and committees and she has received numerous awards. She holds a Master’s in Public Administration from the University of Colorado at Denver.


Janie Barrera
President & CEO, LiftFund
San Antonio, TX

Janie Barrera is founding president and chief executive officer of LiftFund, formerly Accion Texas Inc. Created in 1994, LiftFund has grown to hold the nation’s largest micro-lending portfolio. The nonprofit agency provides small loans and management training to microenterprises of all kinds — from startups to long-established businesses — and operates in the states of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee and Texas.

As president and CEO, Ms. Barrera is responsible for the organization’s financial management, oversight of its annual budget and the development of methodology and loan delivery procedures. She has received recognition for her accomplishments, including the Small Business Administration Financial Services Advocate of the Year and the Minority Enterprise Development Consortium’s Corporate Advocate of the Year. San Antonio Business Journal listed Ms. Barrera as one of “Twenty Defining Players: People Who Have Helped Shape the City,” and also named her as one of 2013’s “Legacy Leaders.”

Ms. Barrera has served on many national, state and local boards, including the Federal Reserve Board’s National Consumer Advisory Council. President Barack Obama appointed Ms. Barrera to the President’s Advisory Council on Financial Capability and she also was named to the board of directors for the Federal Reserve of Dallas’ San Antonio Branch. Ms. Barrera began her career as director of telecommunications for the Diocese of Corpus Christi in 1977. There, she helped found the area’s first nonprofit radio stations, KLUX and KHOY, as well as two television production studios. After completing her MBA from the University of the Incarnate Word, the Corpus Christi native remained in San Antonio where, in 1989, she became marketing director for the U.S. Air Force Morale, Welfare and Recreation Division headquartered at Randolph Air Force Base.


Marla Bilonick
Executive Director, Latino Economic Development Center
Washington, DC

Marla Bilonick was named LEDC’s Executive Director in 2014. She rejoined LEDC in 2012 as Director of Small Business Development after first working at the organization in 1999 as a microloan officer. As Executive Director, she leads LEDC’s regional efforts to drive the economic and social advancement of low- to moderate-income Latinos and other D.C. and Baltimore area residents by equipping them with the skills and tools to achieve financial independence.

Prior, she worked for Seedco with businesses in Lower Manhattan New York that were impacted by the 2001 attacks of 9/11 so that they could be retained and could grow. As director of the Upper Manhattan Business Solutions Center,her team worked with entrepreneurs in Harlem to launch and expand businesses. Her work in microfinance for DAI in settings such as Bolivia, El Salvador, Mexico, Nicaragua, and her native Panama provides her with cultural sensitivity that is useful for working with LEDC’s core constituents. She is a graduate of the University of Wisconsin at Madison and received her Master of Arts degree from the Johns Hopkins University School of Advanced International Studies-SAIS.

Marla is a member of the Board of Directors of the National Association of Latino Community Asset Builders-NALCAB and a member of the Montgomery County Comprehensive Economic Strategy Advisory Group. She also serves on the Board of Directors of the National Housing Trust’s ICE-Institute for Community Economics—a CDFI offering pre-development, acquisition, rehabilitation, bridge loans and more to create community land trusts, shared equity and permanently affordable housing. She’s a former Aspen Institute Emerging Leaders in Microbusiness-ELM2 Fellow and is a graduate of the Citi/Opportunity Finance Network (OFN)’s Leadership Program for Opportunity Finance at The Wharton School of the University of Pennsylvania.

Marla currently serves on Capital One Bank’s Community Advisory Council and is a member of the Equity Committee of the Opportunity Finance Network (OFN)’s Board of Directors. She was named a Community Champion for the Washington, DC metropolitan area by Capital One Bank in 2015.
Marla resides in the Maryland suburbs with her husband and three children, Matteo, Luca, and Romy.


Larry Garcia
Vice President of Community Development and Outreach, Mountain Star Federal Credit Union

Larry Garcia is the Vice President of Community Development and Outreach for Mountain Star Federal Credit Union. Mr. Garcia, a Vietnam-era veteran from EL Paso, Texas, has been at the forefront of the credit union movement for 34 years and has served in leadership roles including President/CEO of El Paso Credit Union HOAP Inc. and as Vice President of Community Development for GECU, a $2.4 billion credit union.

Among Mr. Garcia’s expertise, he has 14 years of experience managing a successful affordable housing national pilot, The El Paso Affordable Housing Credit Union Service Organization (CUSO) and HUD housing counseling agency that promoted financial education, savings, and offered housing counseling, financial education, IDA savings programs, VITA free tax preparation, mortgage readiness and predatory lending awareness to underserved Latino markets. In addition, Mr. Garcia has successfully established a housing program through an NSP2 Grant, as well as credit union funds, to construct affordable homes and identify and prepare borrowers to become mortgage ready, and provided home purchase assistance to qualifying borrowers. He has also participated in the City of El Paso’s Fair Housing Taskforce, which conducted an Analysis of Impediment to Fair Housing Choice that became the basis for fair housing planning for the City of El Paso.

Of his many notable awards and honors, he has directed the development of a financial education workshop for persons with disabilities that won the National Disability Institute’s National Individual Best Practice Award.
Mr. Garcia currently serves on the board of directors of NALCAB- National Association for Latino Community Asset Builders and he was a founding board member for a HUD FHIP, Border Fair Housing and Economic Justice Center which conducted numerous investigations that led to reconciliations and fair housing training.


Rose Garcia
Executive Director, Tierra del Sol Housing Development Corporation
Anthony, NM

Rose Garcia is the Executive Director of Tierra del Sol Housing Corporation, a premier affordable housing and community development organization devoted to the region of New Mexico, west Texas and southern Arizona. Since 25 years, Garcia manages housing development, direct services and has completed 6,000 affordable housing units to assist residents that earn low to moderate income of several communities. She was recruited in 1996-99 as founding Executive Director to implement the El Paso, Texas Collaborative for Community & Economic Development. Garcia served in various leadership roles to advance the affordable housing and community development movement in the Southwest United States and Mexico international border.


Luis Granados
Executive Director, Mission Economic Development Agency
San Francisco, CA

Luis Granados has served as the Executive Director for the Mission Economic Development Agency (MEDA) for the past seven years. During his tenure, he has worked to increasingly make asset building the focus of the organization. At the same time, he has worked to increasingly make low- and moderate income individuals, particularly Spanish-speaking Latinos, the primary constituency for the organization.

In this regard, he has led the development: of a business development program, whose services focuses on the long-term sustainability of local-serving businesses; a first-time home ownership program that focuses its efforts on improving the financial standing of working class families who have the goal of owning their home; policy program which seeks to increasingly address the issue of asset development from a legislative perspective.

Combined, these programs provide asset development services to over 1,000 families per year. Mr. Granados has a Masters of City and Regional Planning from the University of California at Berkeley and a Bachelor of Science from the University of California at Davis.


John Herrera
Vice Chair of the Board, Latino Community Credit Union
Durham, NC

John Herrera is the Vice Chair of the Board of the Latino Community Credit Union. He is Vice-President of Latino/Hispanic Affairs for Self-Help, a statewide CDFI. One of LCCU’s co-founders, he is responsible for supporting LCCU’s external relations and overall strategic planning. LCCU has become a national banking model for new immigrants. LCCU provides accessible and affordable homeownership, retail banking services, and peer financial education to new immigrants. LCCU has become the fastest growing credit union in the US.

LCCU serves over 50,000 owner-members. Mr. Herrera is also the founder of El Pueblo, Inc., a statewide Latino policy organization and a founding board member of El Centro Latino, a community-based organization. He is also a board member of the N.C. Minority Support Center, a statewide CDFI Intermediary, and is an Alderman in Carrboro, N.C. He is also a Commissioner on the NC Credit Union Commission. Mr. Herrera is a former Eisenhower Fellow. He holds an M.S. from N.C. State University in Parks, Recreation and Tourism Management, with a concentration in Community Development and a B.S. from the University of Delaware. Mr. Herrera is native from Costa Rica and he is the proud father of 3 wonderful children.


Fernando Lemos – Treasurer
Executive Director, Mi Casa, Inc.
Washington, D.C.

Fernando Lemos serves as the Executive Director of Mi Casa, Inc., a non-profit developer of affordable housing serving the District of Columbia . Mr. Lemos has over twenty years’ experience working in the D.C. non-profit housing and economic development sector. He has been trained in architectural design, and is also certified as a home inspector.

Originally from Paraguay , Mr. Lemos is bilingual and has extensive experience working with the Latino community. In addition to his work with Mi Casa, Mr. Lemos serves on the Board of Directors of several area organizations, including District of Columbia Housing Authority (DCHA), Latino Economic Development Corporation (LEDC), Cornerstone, Inc., and the Council of Latino Agencies (CLA). He was recently nominated to serve on the Board of Directors for the DC Housing Production Trust Fund.


Ramón León
Executive Director, Latino Economic Development Center
Minneapolis, MN

Ramon Leon is the founding President/CEO of Latino Economic Development Center, an ethnic based CDC serving the Twin cities area of Minneapolis St. Paul and Greater MN. He has been an entrepreneur and business owner from a young age, in both Mexico and the United States. He has been an active social justice leader in his community, and was one of the early faith-based Latino organizers in the Twin Cities through “Interfaith action” and “Isaiah.”

He is also one of the pioneers of the economic development movement in Minneapolis and was the first president of the founding board of directors of “Cooperative Mercado Central”, an economic justice, community based cooperative project that-sparked the revitalization of Lake Street in Minneapolis. He has served on several non-profit organization boards and government committees to represent immigrant communities; such as Whittier Community Development Center, Neighborhood Development Center, Metropolitan Consortium of Community Developers, the Charities Review Council, and the MN Council of OIC’s.


Sonia Martinez – Secretary
Executive Director, Latino Economic And Development Center (LEAD)
Idaho Falls, ID

Sonia Martinez is the Executive Director of the Latino Economic and Development Center (LEAD). Prior to this position, she worked as a Community and Economic Development Specialist for Partners for Prosperity an anti-poverty nonprofit organization serving Eastern Idaho and the Fort Hall Indian Reservation. While at Partners for Prosperity, she established the Latino Economic and Development Center (LEAD).

The LEAD center provides small business training, consulting, and access to capital to Latino entrepreneurs. Sonia has worked toward the advancement of Latinos in Idaho for over 15 years in the areas of housing, education, and workforce development. She has a Bachelor’s degree in Organizational Communications from Idaho State University. Throughout her career, Sonia has served on several nonprofit boards. She has received numerous awards and recognition for her work.

Sonia was archived in 2007 by Boise State University Women’s Center as a “Woman Making History in Idaho” for her efforts in assisting Latina entrepreneurs. In 2012, she was awarded the Trailblazer award by the National Association of Women Business Owners (NAWBO). Most recently, she was honored by the Idaho Hispanic Chamber as the first to receive the Richard Cortez Excellence in Business Award, Business Advocate of the year.


Raul Raymundo – Former Chair
CEO, The Resurrection Project
Chicago, IL

Raul Raymundo grew up in the Pilsen neighborhood of Chicago and has long understood the challenges and strengths of working-class and immigrant families. After graduating from Carleton College in Minnesota with a degree in Sociology, he returned in 1988 to live and work in the Pilsen neighborhood.

In 1990, he co-founded what is now known as The Resurrection Project (TRP). The organization started with $30,000 seed capital raised by area parishes. Since then it has leveraged that money into $346 million in community investment impacting 38,000 families in Pilsen and surrounding Southwest Side.

For almost 25 years, under his leadership as CEO, TRP has seamlessly blended community development, community organizing, human service delivery, and advocacy to build healthier and engaged communities. TRP has become one of the region’s most creative and effective community development organizations, working in every area of community life.

Raul’s approach to building community stability includes connecting policy to grassroots leadership development and empowering residents to take strategic action to impact their lives and community. This is a cornerstone of Raul’s strategic approach in creating healthy communities, underscored by a leadership philosophy that embraces innovation.

As a result, TRP has created more than 600 affordable homes, community facilities like health clinics, early childhood centers, and schools serving thousands of families. Through job creation, assistance in strengthening local businesses and being active in public policy issues, TRP improves the quality of life for many communities in the Chicago region.

Raul’s leadership and innovation includes the realization of the first nationwide community-based college-student housing and resource center—La Casa. This project addresses the challenges faced by first-generation college students with support services to help students graduate from college and succeed in life. As further evidence of his leadership, in 2012, Raul sprang into action when the failure of Second Federal Savings (SFS) put 1,100 homeowners at risk of foreclosure.

The auctioning of these assets could have led to mass foreclosures on Chicago’s Southwest Side. Through his tenacious leadership skills he secured the resources and partnerships necessary to rescue this bank. This resulted in turning SFS into the largest community development credit union in the state by preventing mass foreclosures and keeping families in their homes. In both instances, Raul shepherded TRP from a grassroots organization into a force for social and economic change.

Raul’s leadership is also recognized broadly across Chicago. Currently, Raul serves on several boards including Chicago Metropolitan Agency for Planning, Ounce of Prevention Fund, Archdiocese Catholic Schools, Illinois Business Immigration Coalition, Instituto Health Sciences Career Academy, St. Anthony Hospital Ministry Board, National Association of Latino Asset Builders and Self-Help Federal Credit Union. He is the recipient of the Association for Fundraising Professionals Chicago 2015 Outstanding Community Leader Award and a Leadership Greater Chicago Fellow and has receives numerous awards during his tenure at TRP.

In 2015, Raul will celebrate The Resurrection Project’s 25th Anniversary. He plans to continue his commitment to building healthier communities by focusing on community organizing, reinvestment and access to resources to underserved communities and doing more in the next five years than in the last twenty-five.


Isabel Watkins Rubio
Executive Director, Hispanic Interest Coalition of Alabama
Birmingham, AL

A seasoned nonprofit professional with over 20 years’ experience working with low income communities, particularly immigrant Hispanics, in Alabama, Ms. Rubio is a native of Mississippi and a second generation Mexican American. Born in 1965, she was greatly influenced by the change brought to Mississippi by the Civil Rights Movement. She earned degrees in History (BA – University of Southern Mississippi) and Social Work (BSSW – University of Alabama Birmingham) and worked in the field for 8 years in greater Birmingham when she was moved to found the Hispanic Interest Coalition of Alabama (¡HICA!) in 1999. Ms. Rubio has served as Executive Director since 2001.

¡HICA! is a nonprofit organization that integrates, educates and connects Alabama’s Hispanic individuals and families through its educational, leadership, community development, and advocacy work. The organization was the lead plaintiff in the civil rights lawsuit stemming from Alabama’s passage of HB56, the harshest immigration law in the nation.

¡HICA! has engaged thousands of Hispanics across Alabama to increase opportunities and, as the only Latino serving organization in Alabama, is a bridge builder with many local, regional and national organizations. ¡HICA! has an annual budget over$1.6 million dollars, is a partner with the United Way of Central Alabama and affiliates of the National Association for Latino Community Asset Builders, National Council of La Raza, and the Catholic Legal Immigration Network.

Ms. Rubio is deeply involved in her community and serves on boards locally, regionally and nationally including Birmingham Civil Rights Institute, Alabama Business Charitable Trust, Regions Financial Corporation Diversity Council, LiftFund CDFI Advisory Board, and ASISTA. Ms. Rubio is a nationally recognized public speaker on the issue of New Americans in the South.

Ms. Rubio is an avid gardener and equestrian and is married to Freddy Rubio. They have two adult daughters, Amanda and Sofia, lots of cats and a horse.


Bea Stotzer
Secretary of the Board, New Economics for Women
Los Angeles, CA

Beatriz Olvera Stotzer is CEO of NEWCapital, a real estate development firm in Los Angeles. Ms. Stotzer is a nationally recognized business leader and family advocate who has devoted her life to creating economic and business solutions for poor families. Her extensive business and economic development work in the Los Angeles region has been invaluable to setting the vision for several organizations as well as helping to establish long-lasting economic and business opportunities for which she has received national and local recognition.

Ms. Stotzer currently serves on several Boards and is a founding Board member of several organizations such as Inner City Arts, HOPE, Women’s Law Center and New Economics for Women (NEW) through which she leveraged an initial $97,000 United Way grant into a successful $260 million in investment for NEW. She previously served as Chair of the Housing Authority of the City of Los Angeles and had the honor of serving on President Bill Clinton’s Council on Sustainable Development.


Rafael Torres – Board Chair
Executive Director, Azteca Economic Development & Preservation Corporation
Laredo, TX

Rafael I. Torres is Executive Director of Azteca Economic Development & Preservation Corporation, a community development corporation working in the Azteca neighborhood of Laredo, Texas. Azteca Economic Development & Preservation Corporation owns and manages multi-family rental housing in the neighborhood. He worked on border economic development issues and immigration policy for the Mexico-US Border Program of the American Friends Service Committee in Philadelphia.

Mr. Torres is a graduate of Texas A&I University at Laredo and the Development Training Institute (DTI) in Baltimore, MD. He is past President of the National Low Income Housing Coalition in Washington, DC; he is a member of the Texas Border Community Development Collaborative.