Board of Directors and Staff

Members of AEDC elect the Arcata Economic Development Board of Directors annually. Board members are responsible for managing the corporation, setting goals and vision for the organization and monitoring the scope of programs and services offered by AEDC.

2015 Board of Directors

Board of Director Log-In

Stanley E. Elcock, President

Mr. Elcock has served on AEDC’s loan committee since 2006. A life-long resident of Humboldt County, he is a Civil Engineer with over 25 years experience and is the owner of SEE Engineering. Mr. Elcock also serves as the Chairman of the City of Arcata’s Transportation Safety Committee as well as the Vice-Chair of the Transaction User Tax Oversight Committee.

Antoinette "T" Highsmith, Past President

Ms. Highsmith has served as a member of AEDC's Finance Committee since 2010, and has been a board member since 2012. She is the controller for Wildberries Marketplace. 

Michael Proulx, Treasurer

Mr. Proulx has served in various capacities on the board over the years and served on the Board from 1980 to 1997 and from 2001 to present. Currently, he serves on the finance and loan committees. Mr. Proulx is a lecturer at Humboldt State University.

Kathy Montagne, Secretary

Ms. Montagne has served AEDC since 2004. She is currently the chair of the program committee. Ms. Montagne is the Executive Director of Northcoast Children's Services.

Scott Bartlett

Mr. Bartlett was elected to the board in 2014. He is the COO, and Co-Owner of Eureka Payments.  

Janet DePace, Past-President

Ms. DePace has served on the Board since 2000 as President, Vice-President and Secretary. She currently serves on the Finance, Loan and Program Committees. Ms. DePace was co-founder of two local manufacturing companies, and is currently the lead business counselot at the North Coast Small Business Development Center. 

Walt Geist

Mr. Geist was elected to the board in 2013. He is the Associate Vice President of American AgCredit. 

Laurie Mark

Ms. Mark was elected to return to the board in 2014 after taking a hiatus to be an AEDC Client and moving her business "The Mill Yard" to a new space in Arcata. She has served on the Loan Committee for close to ten years. 

Mandy Marquez 

Ms. Marquez has served as a member of AEDC's Loan Committee since 2011, and began serving on the AEDC Board of Directors in 2012. Ms. Marquez is the vice-president of community banking for US Bank.

Becky Price-Hall   

Ms. Price-Hall was elected to the board as treasurer in January 2007. She currently serves on the Program committee. Ms. Price-Hall is a grant administrator for the City of Trinidad.

Tina Susmilch

Ms. Susmilch has served on the Board since 2003 and is currently chair of the loan committee. Ms. Susmilch is a vice president commercial loan officer for Redwood Capital Bank in Eureka.

AEDC Staff

Ross Welch
Executive Director, since May 2008

Mr. Welch comes to AEDC with thirty years of lending experience in Humboldt, Del Norte and Mendocino Counties. For the past eight years, Ross has worked in Humboldt County, most recently for Redwood Capital Bank where he worked in commercial lending and as branch manager. Besides lending experience, Ross has also served on various community organizations such as the Crescent City JayCees and Rotary Clubs in Eureka, Fortuna and Fort Bragg. He is currently a member of the Arcata Rotary Club and the Arcata Chamber of Commerce Board of Directors.

Kelli Sterling

Loan Manager, since September 1999

Ms. Sterling is responsible for the review of all AEDC loan requests. She manages revolving loan funds that include SBA Microloans, USDA IRPs and three local revolving loan funds. She has produced $17 million in 504 loans for AEDC since 1999. Kelli has over 20 years of commercial banking experience.

Jayne Lovig
Associate Loan Officer, since January 2008

Ms. Lovig has over twenty years experience in lending and auditing for banks, lenders and mortgage insurance companies. At AEDC, Jayne prepares SBA microloans, as well as those from USDA, the Headwaters Fund and the AEDC revolving loan funds. Her position allows more loans to be processed in a shorter time -- a real benefit for entrepreneurs seeking funding for their business.

Susan Seaman
Program Director, since March 2007


Teri Paterson

Controller, since October 2010

Teri comes to AEDC with almost thirty years experience in the retail environment. For the past nine years she was the Controller/Finance Manager at Redwood Harley-Davidson.  Teri has had business dealings with AEDC over the years and was already acquainted with several members of our team. She is excited to be part of the small business lending community. 

Tony Rodrigues

Loan Servicing, since June 2004

Mr. Rodrigues is responsible for AEDC's loan servicing, collections and annual site visits. He also works closely with the City of Arcata on their Home Rehabilitation Program. Prior to working at AEDC, Mr. Rodrigues worked for Humboldt Bank (now Umpqua Bank)in the Collections Department, the Records Management Department, and as their Construction Dispersement Specialist.

Keif Chavera

Office Manager, since August 2006

Ms. Chavera, the voice of AEDC for all incoming  calls, is the office manager and the accounts  payable/receivable bookkeeper. She has worked in  the administrative field since her service in the  United States Air Force as an Office Assistant. She  also worked for the Paralyzed Veterans of America  and the Department of Justice, Attorney General's  Office Registry of Charitable Trust Section. During  her time in the military, she assisted the liasion  between the Government of Japan and the  Controller for Kadena Air Base in Okinawa, Japan.

AEDC Mission

Arcata Economic Development Corporation provides loans and support to entrepreneurial, innovative and community endeavors.