Governance

Community Accountability

The Rhode Island Community Investment Cooperative is a public-benefit corporation in the state of Rhode Island acting with the values and structure of a cooperative. The Cooperative was established for the purposes of holding Rhode Island’s first community investment fund.

One Vote

For every investor regardless of financial contribution.

Empowering Communities Through

Shared Governance and Ownership

The Cooperative centers ownership and control in the community, with our people and places. Every investor in the fund, no matter their financial contribution, gets one vote. Investors elect Board members, and the Board is made up of investors. An Investment Committee made up primarily of residents of prioritized neighborhoods will vet every potential investment, and applicants must demonstrate that their project has substantial support from neighbors. Through these shared governance practices, the Cooperative strengthens community capacity and increases community capital.

man in Providence Rhode Island painting a rental property
Our Team

Board of Directors

The Cooperative is brought to you by the team behind Local Return, a nonprofit organization dedicated to building community wealth in Rhode Island through ownership and investment. Local Return continues to work closely with the Cooperative by providing administrative and operational support.

Jessica David

CEO

Josh Daly

CFO

Raul Figueroa

Board Member

Lisa Raiola

Board Member

Community Voice

Advisory Council

Rele Abiade Founder, One Rhode Consulting
Rebecca Busansky Executive Director, Berkshire Agricultural Ventures
Inés Palmarin Ecchevarria Executive Director, St. Stephen’s Youth Programs
Betty Francisco CEO, Boston Impact Initiative
Linda Finn Former state legislator and Founder, Rhode Island Coalition Against Gun Violence
Erika Haskins Founder and Managing Partner, Sonder VC
Anne Holland Founder of multiple organizations and Director, 189 Development, LLC
Pierre Joseph Inclusive Economies Manager, Federal Reserve Bank of Boston
Matt Letendre Senior Director, Principal Gifts, Dana-Farber Cancer Institute
Alex Linkow Senior Manager, Impact Investment, Conservation Law Foundation
Chris Miller CEO, National Coalition for Community Capital
Joel Moyer Director of Investments, Fair Food Fund
Havell Rodrigues CEO and Managing Partner, New Majority Capital
Jeffrey Rosen Jason and Chloe Epstein Term Professor of the Practice Director Certificate in Impact and Sustainable Investing Department of Urban and Environmental Policy and Planning Tufts University
Sarina Trethaway Senior Originations Loan Officer, Capital Impact Partners
Community Voice

Investment Committee