About Lac du Flambeau Business Development Corporation

The LDF Business Development Corporation was created by the Lac du Flambeau Band of Lake Superior Indians to mirror successful Tribes, create jobs, and generate revenue outside of gaming.

As an economic arm of the Tribe, the BDC and businesses under its umbrella are designed to contribute to the general fund while at the same time maintain investment capital for future projects and business ventures.

Our Mission

The mission of the LDF BDC is to diversify the Lac du Flambeau Tribe’s non-gaming revenue sources and create career opportunities for our community.

Our Vision

Our vision is to build sustainable, profitable businesses that provide career paths for citizens of the Lac du Flambeau Tribal community, embodying Tribal goals and objectives, while respecting the Tribe's cultural values.

By developing business opportunities and creating strategic partnerships, we will positively impact economic growth and career opportunities. This holistic approach to economic development will build a strong, healthy nation as we shepherd progress into the seventh generation.

Our Values

The LDF BDC places the highest value on integrity, respect, honesty and ethics. We practice these values in deed and word while working for and serving the best interest of the Waaswaaganing Ojibwe Nation.

Board of Directors

BDC Board 2017

President: Nicole Chapman-Reynolds

Nicole Chapman-Reynolds is a Lac du Flambeau Tribal Member born in Flambeau but raised in Philadelphia and Ventura County, CA. Graduating high school early, she spent two years in college before enlisting in the Navy being trained as a Hospital Corpsman specializing in pharmacy and later FMF to deploy with Marine Corps units.

Upon returning to Lac du Flambeau, she worked for the Chippewa Housing Authority quickly mastering both the Rural Development and LIHTC programs and responsible for all 112 units utilizing both programs. She was integral to development of a LIHTC later awarded over $4.5 million in credits.

Nicole and her colleagues created the first native housing Community Development Financial Institution (CDFI) in Wisconsin, now known as Wisconsin Native Loan Fund, Inc. She sat on the board as Secretary for many years. Together she and the Director operated the area’s only Volunteer Income Tax Assistance (VITA) site for nearly 10 years, preparing over 400 free returns each year between them. She continues to provide low cost tax assistance for the community. She also serves as the Chairman of the LDF Police Commission and the Chairman of the LDF Judicial Committee.

Today she works for the Tribal Roads Department, and is very familiar with the transportation industry and every project and contract the Department takes on. She holds BS degrees in Psychology and General Science from the University of Maryland University College. She is completely her Masters in Management, her MBA , and a MA at the University of MN, Duluth in the Tribal Administration & Governance Cohort.


Vice President: Edmund Peterson


Treasurer: Chris Soulier

Chris joined the Lac du Flambeau Business Development Corporation in 2014 as a Board Member. He assists LDF Financial Services new business development opportunities, and facilitates relationship development between the company, it’s strategic partners, service teams and the Tribal Insurance Initiative.

Chris brings to the LDF Business Development Corporation 15 years of business experience, a commitment to empowering Indian Country through economic development, leadership, and an extensive network of relationships in the business community. Chris is the proud owner of Access Unlimited, LLC, a small consulting group operating on a national level through strategic partnerships to offer enhanced benefits and services for any size business.

He enjoys being active in his community through coaching youth baseball, softball and cross country skiing at all age levels. Chris is the proud father of Samantha (14) and Braden (12) and has been married to his wife Dawn for 19 years. He is a Member of the Lac du Flambeau Band of Lake Superior Chippewa Indians and currently residing in Waunakee, WI.


Secretary: Patricia Marquez


Board Member At Large: Phillip Chapman, Jr.

Phillip Chapman, Jr. is a Lac du Flambeau Tribal Member who has worked more than 30 years in the construction industry, many of those years spent with Kuckkahn Construction, Inc. He has assisted his brother with his successful, family-owned masonry and carpentry business for over 15 years.

With his extensive experience in the construction industry, he felt that he his extensive business knowledge would be beneficial to the LDF BDC.

Phillips has served as the Tribal Roads Committee Chairman, and has worked for the Lac du Flambeau Tribal Roads Department. He is honored to serve his Tribe on the LDF BDC Board of Directors, and looks forward to the work the Board has ahead, which includes more transparency for the Membership and ensuring ethical best business practices are being conducted with each and every business entity operating under the LDF BDC.

Leadership Team


Interim CEO: Randy Soulier


Interim COO and Director of Lending: Melissa Doud

Melissa Doud is a Lac du Flambeau Tribal Member, born and raised in Lac du Flambeau. She graduated Lakeland Union High School in 1989 and went to college for one year before joining the Army. She was stationed and has been to various places including South Carolina, Korea, Japan, Guam, Fort Sill, Oklahoma, Fort Richardson (Alaska), Fort Knox (Kentucky) and Schofield Barracks (Hawaii). She did one tour in Iraq from 2003-2004, and retired as an E-7 with 20+ years of service.  She earned her Associates Degree in Business Management from Hawaii Pacific University and earned her Bachelors Degree in Business Management from the University of Phoenix. 

Melissa worked for the Lac du Flambeau Tribal Accounting department. She also worked as an accounting clerk for the Great Lakes Inter-Tribal Council, and was a personal banker with Chippewa Valley Bank for seven years.

In 2012, she became a member of the LDF Business Development Corporation's Board of Directors, and was the first employee of the LDF BDC serving as the Lending Operations Coordinator.  She moved quickly up the ranks, serving as the the Call Center Manager, the Director of Lending, and now as the Interim COO of the LDF Business Development Corporation.

Melissa has the vision of helping her Tribal community through economic development while practicing and preserving culture. She served on the Waaswaaganing Indian Bowl Board, and is the Tribal representative for Grow North Regional Economic Development Corporation.


Controller: Beth Gilsoul


Human Resources: Turquoise Santiesteban