Board Details

Development Fund, Incorporated, North Dakota

Type of Board: Policy Making Pay/Benefits: State Rate
Voting Members: 8 Other Members: 0
Non-Voting Members: 0 Created by: NDCC § 10-30.5-03
Length of Terms: 3 years, no term limits
Frequency of Meetings: Meets the last Thursday of each month and has a teleconference as needed
Address: 1600 East Century Avenue Bismarck, ND 58502
Phone: 701-328-5334
Fax: 701-328-5395
Website: www.ndcommerce.com
Email: dreese@nd.gov
Contact: Dean Reese or Sara Isaak
The Board works on economic development in North Dakota and operates like a private corporation. A board of directors shall manage the corporation. The board of directors shall adopt and amend articles of incorporation and bylaws consistent with the purposes detailed in this chapter. The board of directors consists of eight members who shall serve three-year terms. The terms must be staggered so that no more than three positions require reappointment in any one year. The governor shall appoint the members and shall only consider representatives who serve in executive capacities from the following areas in making the selections: private sector manufacturing, finance, exported services, including tourism, and industrial technology and research. There must be at least one member who is enrolled in a federally recognized North Dakota Indian tribe who need not serve in an executive capacity, the commissioner of commerce or the commissioner's designee, and one member from a rural area on the board of directors. Members may be reappointed for additional terms.

Member Name Position Work County Appt. Date Term Ends
Albrecht, James Manufacturing/Rural Representative (701) 671-6134 Richland 7/1/2016 6/30/2019
Davis, Scott Native American Representative (701) 328-2428 Burleigh 3/15/2016 6/30/2020
Erickson, John Chairman - Industrial Technology & Research and Finance Representative (701) 795-1114 Grand Forks 12/15/2004 6/30/2019
Goplen, Gary Vice-Chairman - Financial Representative Foster 9/15/2012 6/30/2019
Murphy, Pat Private Sector Representative (701) 570-5899 Williams 3/3/2016 6/30/2020
Schuler, Jay Statutory - Commerce Commissioner (701) 328-7284 Burleigh 2/27/2017 Open
Volk, Darcy Secretary/Treasurer- Industrial Technology & Research Representative (701) 226-1420 Burleigh 3/15/2004 6/30/2018
Zimmerman, Terri Industrial Technology & Research Representative (701) 371-2644 Cass 3/15/2004 6/30/2018