Back to top ^

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:

  • Strategic planning and organizational performance
  • Annual operating and capital budget and financial results
  • Setting social, environmental and sustainability performance expectations for the CHF BC group
  • Enterprise risk management
  • CEO recruitment, retention and evaluation
  • Board and CEO succession planning and development

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.


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.