Our Committees
The Board of Directors includes five working committees that assist in policy setting for Visitacion Valley CDC. Some of these committees include individuals who are not on the board of directors, but have expertise in the committee subject matter. We encourage qualified individuals to contact us if they are interested in serving on a committee.
Executive Committee
The Executive Committee consists of the President, Vice President, Secretary of the Corporation, Treasurer, and other Board members named by the Board.
Executive Committee responsibilities include:
- Meeting at least once a month in order to carry out its duties, and to be available for votes by telephone, if necessary;
- Proposing both new and revised employee personnel policies and benefit packages to the Board;
- Recommending Executive Director candidates to the Board as needed;
- Performing periodic performance evaluations of the Executive Director’s performance as detailed in the employee personnel manual; review and approve his/her annual work plans, and review his/her compensation annually and at other appropriate times;
- Periodically advise Executive Director on management issues including staff annual work plans, staff structure, policies for major contracts and staff compensation policies, and approving any compensation changes for other employees as appropriate;
- Assisting the Chair in carrying out administrative functions should the Executive Director’s position become vacant; and
- Working with the Executive Director and staff to plan the annual planning meeting with the full board for the purpose of establishing annual corporation goals.
Finance Committee
The Finance Committee Chair includes the corporation Treasurer and at least two other Board members. The Treasurer and at least one other committee member must have background experience in but not limited to corporate finance, banking, or accounting and bookkeeping.
Responsibilities of the Finance Committee include:
- Advising staff on preparation of annual, special, and revised budgets for operations and use of project capital, recommending such budgets to the full Board for approval;
- Reviewing periodic financial statements; reporting to the board on the corporation’s financial performance;
- Reviewing the corporation’s audited financial statements; reporting to the board on the statements;
- Monitoring the financial controls of the corporation and the work of its accountant(s);
- Assisting the Executive Committee and Executive Director in preparing for the board’s annual planning meeting;
- Recommending plans for Capital Campaigns;
- Recommending fundraising plans for new program initiatives;
- Recommending plans for an Endowment Program;
- Overseeing planning and coordination of fundraising efforts and solicitations of larger gifts;
- Advising staff on preparation of and periodic revisions to guidelines for VVCDC financial assistance after consultation with other appropriate committees; and recommending such guidelines to the full board for approval; and
- Recommending to the board for approval or other action requests for VVCDC loans or grants. The Committee may, on its own authority, deny any request, request additional documentation, or recommend to the board amendments to or conditions on grants or loans. If the Finance Committee recommends denial of a loan or grant, a two-thirds (2/3) majority vote of the Board shall be required to approve such loan or grant.
Nominating Committee
The Nominating Committee is composed of five (5) members of the Board of Directors.
Responsibilities of the Nominating Committee include:
- Preparing and presenting qualified candidates for election as Officers of the Corporation by the Board of Directors;
- Preparing and presenting qualified Director candidates each time a position is vacated; the vote shall take place at the first Board of Directors meeting following the vacancy.
Program and Projects Committee
The purpose of the Program and Projects Committee is to work closely with the staff to identify programs and projects that the Corporation will pursue.
Responsibilities of the Program and Projects Committee include:
- Initiating a Strategic Planning Program and/or Business Planning Program;
- Updating periodically a strategic and/or business plan;
- Reviewing and establishing guidelines for individual programs and projects; monitoring all programs and projects relative to their goals and objectives until completion;
- Recommending a course of action to the Board of Directors on all proposed programs and projects as well as recommending modifications to existing programs and projects; and
- Establishing and reviewing annual program and project goals and objectives.
Public Relations and Marketing Committee
The purpose of the Public Relations and Marketing Committee is to develop widespread name recognition of the Corporation, disseminate information about the Corporation, and generate publicity, producing contributions to the Corporation from local sources.
Responsibilities of the Public Relations and Marketing Committee include:
- Acting as ambassadors for VVCDC
Initiating and periodically updating Marketing Plan.
