Assessing Board Performance: Best Practices for Community Banks
Behind every community bank or credit union is a hardworking board. While board members may put many hours of time and effort into their board duties, it’s fair to…
Setting Community Bank Board Expectations to Increase Effectiveness
As a CEO or board director of a community bank, you have a personal stake in improving the effectiveness of your board. Enhancing decision-making, strategic planning, and governance practices…
How to evaluate nonprofit board effectiveness
When volunteer board members choose to invest their time in an organisation they want to feel their participation is valuable and that they are making a difference. Likewise, their time…
Embracing Technology to Build an Effective Community Healthcare Board
As a board member of a community healthcare nonprofit, working within the rapidly evolving landscape of healthcare, you probably face a multitude of challenges that require problem solving and…
What Is a 501(c)(3) Organization, and What Are The Different Types?
In simple terms, a 501(c)(3) nonprofit is a group that exists for charitable purposes. The IRS establishes the different types of 501(c)(3) organizations and determines the rules and laws…
The 15 essentials for volunteer board effectiveness
Building an effective board of directors is a critical part of governance that has a profound impact on the organization. To have board effectiveness, a nonprofit’s purpose, process, structure, and…
Board of Trustees vs. the Board of Directors: What Are the Differences?
The roles of the board of trustees vs. board of directors are similar, making it common for people to use the terms interchangeably. While both positions have a strong…
What Is General Counsel and How Does This Role Help Your Board?
The underlying threat of litigation may motivate a board to ask, “What is general counsel, and what can this type of attorney do to help us?” Ever-changing regulations and…
What Are the Basic Board Member Responsibilities?
Regardless of the age or structure of a nonprofit, organizations will establish a set of primary board member responsibilities. Every board member should be familiar with their basic fiduciary responsibilities,…
Cybersecurity in Healthcare: Everything Boards Need to Know
It seems that with every day that goes by we're hearing more and more about issues in the media related to cybersecurity—particularly cybersecurity issues in healthcare. Unfortunately, much of…
