With board service comes fiduciary roles. Information and orientation will help directors understand the responsibilities.

The Agency has developed these guidelines to help your co-op understand the content of your draft Building Condition Assessment & Reserve Fund Study

In 1999, CHF Canada published its first edition of A Guide to Replacement Reserve Planning. Since then, the environment for housing co-ops has undergone significant changes. Co-ops are older. Our...

Unfortunately, most of us realize that this might be a dream rather than a reality. Without these tangible signs of financial strength, how can you know if your organization is...

Stable Home Ownership in a Turbulent Economy: Delinquencies and Foreclosures Remain Low in Community Land Trusts

Sample Cooperative Agreement Between

The material on cooperative taxation is presented only to provide information to persons interested in the tax treatment of cooperatives and does not represent official policy of the U.S. Department of...

In recent years, three significant trends have emerged among grain marketing and farm supply cooperatives.

This is the fundamental legal, or statutory, duty of board members. It is called the duty of loyalty, or more commonly, the fiduciary duty. “Fiduciary” is an old English word...

Does your organization have one finance committee that carries out all of the duties associated with financial oversight? Or do you have separate finance, audit, and investment committees?

The nonprofit community in the United States is well established with commonly accepted practices and government-required standards.

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A capital replacement reserve plan is a strategy for keeping your co-op in good repair into the future.

The goals listed below are not mandatory and are meant to provide an example of the types of activities you might already be doing that could be included in your...

Nonprofit boards need up-to-date financial information to make informed decisions. But not every board member arrives with a deep appreciation for, or even a passing familiarity with, financial reports.

Developing and adopting a written financial policy is a valuable practice for any nonprofit organization, regardless of its size. Financial policies clarify the roles, authority, and responsibilities for essential financial...

In most cases, an association's board of directors has the authority to adopt special assessments without requiring a unit owner vote, subject to limited veto rights for unit owners.

The objective of this policy is to outline various standing orders related to the organization's finances.

The Chartered Accountants of Canada recommend the following questions be used by a Board of Directors in reviewing their financial statements.

Housing co-ops can contact the Co-operative Housing Federation of BC (CHF BC) to inquire about workshops on policy development and access their resource library, which includes sample policies. Both organizations...

The final report of the Commission on Cooperative and Mutual Housing (Bringing Democracy Home)1 highlighted the need for consideration of the role that cooperative and mutual housing could play in the national...

A cooperative uses capital to finance its operations, cover operating expenses, and invest in fixed assets, such as buildings and equipment.

Your co-op is required to conduct an annual income review for all households receiving rental assistance. However, for households with fluctuating income, you may choose to review household income more...

A BCA (including an RFS) gives you important information about your co-op and the money needed to keep it in good condition now and in the future.