Headshot of Rich Thomasgard

Rich Thomasgard

Business Consultant on Special Projects
Phone: 
(612) 877-8265

A longtime employee with ADC, Rich was a crucial component to the purchase and renovation of our headquarters property, and acts as our Business Consultant on Special Projects since January 1, 2022 after his retirement. Rich brings over 30 years of successful community development experience to the organization, with a focus on developing and improving commercial real estate properties.  He also has public sector experience at the state and local levels, and enjoys assisting businesses in obtaining governmental approvals and financing assistance. He holds a BA in Economics and a Masters in Public Policy and Administration from the University of Wisconsin Madison.

Staff Directory

Nasibu Sareva

Chief Executive Officer (CEO)

Felicia Ravelomanantsoa

Chief Financial Officer / Chief Operating Officer (CFO / COO)

Christine Lukudu

Program Manager - Business Development Department / Portfolio

Victoryn Adebolu

Loan Officer / Business Advisor

Ayan Abdinur

Program Manager – Housing and Financial Education Department

Habtamu Gana

SBA Microloan Program Manager / Housing & Financial Ed. Program Assistant Manager

Denise Favors

Lender Service Provider / SBA CA 7(a) Loan Program

Rich Thomasgard

Business Consultant on Special Projects

Abdirahin Hussen

Regional Manager - Central Minnesota

Jacqueline (AKA Jackie) Schell

Communications & Fund Development manager

Shonni Krengel

Program Administrator / Community Development Specialist

In Memoriam Hussein Samatar

Founder, African Development Center of Minnesota