b"Dear friends and colleagues,The end of 2019 was a time of transition for Rural Community Assistance Corporation (RCAC). We bade farewell to Stanley Keasling, RCACs Chief Executive Officer from 2008 to 2019 and welcomed our new Chief Execu-tive Officer, Suzanne Anarde.Stans fierce devotion to rural communities made a mark on the organization. During his tenure, RCAC grew from 108 to 145 staff and revenues grew from $13.3 million to $18.7 million with total assets of more than $100 million and net assets of more than $42 million. Groundbreaking new initiatives including Agua4All, Development Solutions, Building Rural Economies and the Tribal Housing Excel-lence Academy were launched under Stans leadership. He solidified RCACs rep-utation as a national leader for rural community development. We are grateful. With more than 25 years experience, RCACs new CEO Suzanne Anarde brings dedication, passion and a profound commitment to rural America to the organi-zation. Living in the rural West for most of her life, Suzanne knows first-hand the challenges our communities face. She brings that culture and understanding to RCAC, combined with a deep knowledge of housing and community develop-ment at both local and national levels. We could not be more fortunate to have Suzanne take RCAC's reins.RCAC has intentionally assembled a diverse board of directors who best repre-sent rural communities in their respective states. Our Senior Leadership Team has an average tenure of 15 years, and combined total tenure of 120 years.The boards strategic vision ensures continuity and is brought to fruition under the Senior Leadership Teams steady hand. Together, weve advocated for funding and increased access to safe drinking water and affordable housing opportu-nities in rural communities and on Tribal and Native lands. Weve built stronger economies and provided technical and financial assistance throughout the rural West.Our past successes are building blocks for the future. Our team stands ready for the challenges that lay head. We thank our partners, funders and staff for their continued and invaluable support as we work together to create vibrant, healthy and enduring rural communities. Malama Pono, Nalani Fujimori-Kaina President, RCAC Board of Directors"