BOARD OF DIRECTORS
Responsibility for the ongoing operations of the cooperative is vested in the Board of Directors. The Board consists of twelve Directors, all of whom are resident-cooperators and serve without compensation.
Four Directors are elected each year by the stockholders as part of the Annual Stockholders Meeting. Following the election by stockholders, the Board elects officers, who serve as officers of the Board and of the Housing Corporation. Between meetings of the Board, and subject to the direction of the Board, the President is responsible for the general management of the corporation.
The Board sets policy, determines the budget, authorizes contracts, exercises overall supervision of management, and carries out other business appropriate to running the cooperative. It meets as a full Board every month and does some of its work through various Committees.