Board Composition and Responsibilities
Chamber of Commerce Boards vary greatly in size and composition. Boardsource.org
reports that the “sweet spot” for nonprofit boards ranges from 15-22 members. The larger the organization, the larger the board. However, as board size increases, attendance decreases. Based on data collected in Dynamic Chamber Benchmarking
, chamber board sizes range from approximately 11 to 128, with the median average for smaller chambers being 17 and the median average for the largest chambers being 62. Typical roles on the board are board chair, vice chair (some boards have more than one), secretary, treasurer, and members. The majority of boards have an executive committee, which acts on behalf of the board between meetings. Boards often have other committees as well to manage their core governance functions, such as fundraising and financial management.
Board members are legally responsible for ensuring that a chamber is mission driven, financially responsible, and compliant with laws governing their non-profit status. Boards also have Bylaws
which govern such things as the number of times each year that the board must meet, procedures for nominations of new board members, and rules governing contracts, payments, and deposits.
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| Governance and Leadership
| Board Composition and ResponsibilitiesLast Updated: 9/12/2018