North End Revitalization Incorporated (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 is now complete and all Project Contribution Agreements (PCA) with funders have been drafted accordingly.

• Housing Exterior Fix-Up Grants and Development Programs
• The Storefront Enhancement Grant (SEG) Program
• The Community Financial Services Centre (CFSC) Program
• The Small Grants Fund (SFG) Program
• NA! Core funding from the province
• The revenues and expenses relating to the following areas have been allocated to NECRC:
• All of Employment Development (PATH Resource 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 Administrative Assistant (100%)

In conclusion, the North End Community Renewal Corporation (NECRC) has charitable tax status, and is a registered charity under business number 88712 7223RR0001. North End Revitalization Incorporated (NERI) takes care of programs that do not qualify under the Canada Revenue Agency (CRA) Charities Act. All project contribution agreements with NERI are prefaced with the above information.

The Board of NERI would like to thank the membership of NECRC and NERI for their support during the restructuring process. With the division into two corporations, NECRC has charitable tax status. With the restructuring, NECRC and NERI have a strong legal structure to work for the social, economic, and cultural renewal of the North End of Winnipeg.

To better understand NECRC & NERI partnership, the NERI 2008 Annual Report has been made available to the membership of NECRC.