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Roles and Responsibilities

The Board of Directors is responsible for the governance of the federation, including COHO Management Services Society, a non-profit society providing professional management services; and the Community Land Trust Group of Societies (CLT), a social purpose real estate developer and steward of permanently affordable homes.

As a director of CHF BC, you are also a director of these non-profit societies. This ensures that the business units contribute to the broader mission and vision of CHF BC and serves the interests of housing co-ops, its primary stakeholders.

 

Roles and Responsibilities of Directors

CHF BC’s directors are engaged, thought leaders whose responsibilities include governance and oversight for:

  • Govern CHF BC in accordance with policy and rules established by its members.
  • Uphold the Mission, Vision & Values of CHF BC.
  • Be aware of and disclose any conflicts of interest.
  • Recommend policy/rules revisions to the board and membership.
  • Act honestly, in good faith and in the best interests of CHF BC.
  • Treat in confidence all matters and information involving CHF BC, its board of directors, its committees,  its  employees  and  its  members.
  • Exercise the care, diligence and skill of a reasonably prudent person under comparable circumstances.

CHF BC directors must be committed to support the mission, vision and strategic priorities of the organization and devote the necessary time and effort necessary to fully participate in the governance of the organization.

Regardless of their background, directors must be committed to demonstrate values and leadership that aligns with our vision and mission and supports inclusivity and respect.

Directors must agree to

  • Attend hybrid/virtual Board meetings ( average of ten throughout the year) either in-person or via Zoom.
  • Serve on one or more Committees of the CHF BC Board.
  • Prepare for and participate in the discussions and deliberations of the Board.
  • Attend member events and the Annual General Meeting.
    • Work with the Board to establish short & long-term goals, objectives, and priorities through strategic planning
  • Monitor the effectiveness of CHF BC through regular review of programs and services
  • Promote the services and programs of CHF BC through events and community and sector networking.

 

Meeting and Time Commitment

In addition to annual planning sessions, directors meet at least quarterly at a schedule to be determined by the board. Directors may choose to attend in person at our fully accessible Vancouver office or online. Directors will carry out additional duties through involvement with the various committees as determined by the board. On average, directors spend six to eight hours per month on CHF BC business. Directors may represent the organization at events hosted within the co-op and non-profit sectors. All travel and expenses related to the execution of a director’s duties are fully compensated.