Boards of directors in co-op and condo buildings are generally elected volunteers who live in the community themselves and have a vested interest in preserving its quality of life while protecting the investment that the building or development represents to residents and board members alike.
With such a significant responsibility—and largely intangible compensation—attracting new board members is a challenging task for many boards. Keeping board members can be tough as well.
Who Makes a Good Board Member?
Finding good board members may prove a daunting task, especially if your community is a small one. With hectic work schedules and limited family time allotments, leaving room to serve on their HOA board is not very high on most peoples' priority list.
Bruce Anglin, president of the board at Canterbury Woods Condominiums in Old Bridge, says that getting people to serve on the board can be a real challenge. "We're a small community; we only have 28 units. We're supposed to have five board members, but last year we were down to two—so we had to appoint one in order to comply with state regulations. We had an annual meeting, but only 12 people showed up, so it seems that people are content to 'let the other guy do it,' so to speak."
A good candidate for the board is usually someone who attends the community meetings and seems to have a genuine interest in the maintenance of the community. Perhaps the most important thing to keep in mind as a board member is that the board is in service of the community—and that is the primary responsibility.