Evelyn Barnes
Chief Financial Officer at Madison Park Development Corporation- Claim this Profile
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Bio
Experience
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Madison Park Development Corporation
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Non-profit Organizations
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1 - 100 Employee
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Chief Financial Officer
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Jul 2022 - Present
Roxbury, MA 02119 Madison Park Development Corporation (MPDC) is a 55-year old community development corporation (CDC) that primarily serves the Roxbury neighborhood of Boston. Its mission is to foster a vibrant, healthy Roxbury neighborhood that supports the well-being and advancement of the community. As a leading developer in the community-based non-profit sector MPDC have developed and preserved 1,400 units of quality, mixed-income housing, commercial space and 2 community facilities. The Chief… Show more Madison Park Development Corporation (MPDC) is a 55-year old community development corporation (CDC) that primarily serves the Roxbury neighborhood of Boston. Its mission is to foster a vibrant, healthy Roxbury neighborhood that supports the well-being and advancement of the community. As a leading developer in the community-based non-profit sector MPDC have developed and preserved 1,400 units of quality, mixed-income housing, commercial space and 2 community facilities. The Chief Financial Officer (CFO) has overall responsibility for the finances and financial strategy of MPDC and its affiliates. The CFO is responsible for overseeing management and reporting on all fiscal and fiduciary affairs of the organization, including reporting to investors, lenders, grantors and government agencies; cash and investment management; budgeting and forecasting; and managing the day to day operations of the accounting department. Show less
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Boston Symphony Orchestra
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United States
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Performing Arts
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200 - 300 Employee
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Chief Financial Officer
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Sep 2017 - Jun 2022
Greater Boston Area Senior leadership team member for one of the preeminent orchestras in the world, with an operating budget of approximately $100 million and assets under investment approaching $600 million. Oversees all fiscal and fiduciary activities, including all financial planning, budgeting and forecasting, accounting operations, investment, information technology, facilities management, and human resources. Responsible for adapting and improving the operating model to support developing strategic… Show more Senior leadership team member for one of the preeminent orchestras in the world, with an operating budget of approximately $100 million and assets under investment approaching $600 million. Oversees all fiscal and fiduciary activities, including all financial planning, budgeting and forecasting, accounting operations, investment, information technology, facilities management, and human resources. Responsible for adapting and improving the operating model to support developing strategic initiatives. Acts as liaison to board committees including Audit, Building and Grounds, Finance, and Investment. Oversees risk management and serves as primary liaison to legal counsel on all matters. Serves as member of the negotiating team in the renewal of master agreements with the union representing the musicians. Directs and oversees the leasing and operational activities of BSO-owned real estate investment properties offering retail and office space rental opportunities. Show less
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City Year
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United States
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Non-profit Organizations
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700 & Above Employee
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Executive Vice President, Chief Financial and Administrative Officer
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Aug 2005 - Sep 2017
Boston Executive leadership team member for education-based nonprofit focused on helping urban schools keep students in school and on track to succeed. Oversaw $160 million operating budget and staff of 4,000. Played central role in driving enterprise sustainable growth strategy to meet projected services needs across new and existing markets. Empowered tripling of revenue and liquidity turnaround, even through recession, including innovative incentive-based financial and performance… Show more Executive leadership team member for education-based nonprofit focused on helping urban schools keep students in school and on track to succeed. Oversaw $160 million operating budget and staff of 4,000. Played central role in driving enterprise sustainable growth strategy to meet projected services needs across new and existing markets. Empowered tripling of revenue and liquidity turnaround, even through recession, including innovative incentive-based financial and performance initiatives. Led three-year strategic IT overhaul to build more scalable processes and systems. Effectively employed financing vehicles on the cutting edge for tax-exempt organizations, including swaps and derivatives, as well as compliance and risk controls in leading City Year’s investment, finance and audit committees. Was a leading force in City Year’s top, 4-star ranking for twelve years running from Charity Navigator (99th percentile in financial health, accountability, transparency). Named 2010 CFO of the Year by Boston Business Journal. Show less
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The Community Builders, Inc.
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United States
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Real Estate
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300 - 400 Employee
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Chief Financial Officer and Treasurer
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2002 - 2005
Boston Responsible for financial goals integration, strategy, capital structure, forecasting, reporting and investor partnership deals for America's largest nonprofit low and mixed-income housing developer, a complex interdisciplinary organization with a $50 million budget and 450 employees. ♦ Led complicated financial turnaround of organization facing credit defaults, including bank workouts, then laid foundation for sustainable revenue growth. ♦ Led tax credit syndication and limited… Show more Responsible for financial goals integration, strategy, capital structure, forecasting, reporting and investor partnership deals for America's largest nonprofit low and mixed-income housing developer, a complex interdisciplinary organization with a $50 million budget and 450 employees. ♦ Led complicated financial turnaround of organization facing credit defaults, including bank workouts, then laid foundation for sustainable revenue growth. ♦ Led tax credit syndication and limited partnership agreements with equity investors, including Fortune 500 corporations, to significantly grow revenue that stabilized finances and funded new housing. ♦ Overhauled financial and tax reporting for 80 separate companies to 10 equity investors, restoring organization's credibility and reducing audit time and cost by more than 50%. ♦ Built infrastructure to support regional business model and expansion, as well as new financial management system; overhauled technology systems; developed analysis system for project profitability and employment productivity; reduced insurance costs and increased cash flow. Show less
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Chief Financial Officer
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2001 - 2002
Boston Oversaw finances, real estate and information systems for nonprofit focused on reducing racism and empowering women. Annual operating budget of $6 million, with staff of 90. Played key role in new real estate initiatives, raising $40 in debt, equity and grants million to launch affordable housing program and renovate century-old headquarters. Enhanced portfolio investments, fundraising, development and grant management.
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Deputy Director
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1992 - 2001
Los Angeles Responsible for overall management and executive direction (operations, financial planning and asset management, lending relationships, real estate, HR and IT) for multidisciplinary nonprofit (now Abode Communities) that architecturally designs, develops and manages services-enhanced affordable housing in southern California. Served in same role during earlier stint (1992-1996). Drove first-time entry into property management through new 501 (c)(3) company. Negotiated real estate deals and set… Show more Responsible for overall management and executive direction (operations, financial planning and asset management, lending relationships, real estate, HR and IT) for multidisciplinary nonprofit (now Abode Communities) that architecturally designs, develops and manages services-enhanced affordable housing in southern California. Served in same role during earlier stint (1992-1996). Drove first-time entry into property management through new 501 (c)(3) company. Negotiated real estate deals and set up $2.5 million line of credit, establishing limited partnerships for housing projects and overseeing facilities management. Developed sophisticated budget/cash management model and financial reporting package. Show less
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Chief Financial Officer
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1996 - 1997
Los Angeles For nonprofit agency providing shelter and other aid in Los Angeles' inner city ($3.5 million budget, 125 staff), developed accounting and reporting systems, and increased investment portfolio return rate by 200%.
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Deputy Director
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1983 - 1992
Managed day-to-day operations and finance for social service agency providing residential and outpatient alcoholism/drug treatment. Created agency's first client billing system and donor management database. Developed/coordinated annual fund-raising and capital campaigns.
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Education
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Boston University
Master of Arts (MA), Classics -
Boston University
Bachelor of Arts (B.A.) -
Trinity University