North End Revitalization Incorporated (NERI) continues to work with stakeholders to address the needs of the North End community through the development of partnerships, networking and building community capacity.

CORPORATE RESTRUCTERING

NERI Corporation Number: 5415170

Business Number: 827054321MC0001

NERI was organized by the North End Community Renewal Corporation (NECRC) as the new entity to which programs considered non-charitable were transferred. It is a non-share capital corporation incorporated under the Corporations Act (Manitoba). NERI’s membership is comprised of the NECRC Board of Directors (13). The NERI Board of Directors is elected from amongst the membership of NERI (minimum of 3 directors). Thus, NECRC will control NERI.

NERI was incorporated on January 8th, 2007 and operations became effective April 1st, 2007 when assets, staff and non-charitable programs were officially transferred from NECRC to NERI. This date was chosen as it coincides with NECRC and NERI’s fiscal year. Restructuring of the corporation was completed in 2007 and all Project Contribution Agreements (PCA) with funders have been drafted accordingly.

 

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Revenues and expenses allocated to NERI

  • Housing Exterior Fix-up Grants and Development Programs
  • Storefront Enhancement Grant (SEG) Program
  • The Community Financial Service Centre (CFSC) Program
  • The Small Grants Fund (SGF) Program
  • NA! Core funding from the Province of Manitoba

Check out the applications for NERI grants.

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Revenues and expenses allocated to NECRC:

  • All employment development (PATH Employability Centre)
  • All of community development (with the exception of the Small Grants Fund Program)
  • All of the existing properties owned by the Renewal Corporation
  • the Executive Director (80%) and the Administrative Assistant (100%)