Nonprofit organizations are the lifeblood of our community, addressing critical needs, enhancing our quality of life, and contributing to a thriving Eagle County. These organizations do incredible work, often with limited resources, to make a meaningful impact. However, behind every successful nonprofit lies a critical, often underappreciated, element: good board governance.

As president and CEO of Vail Valley Partnership, I’ve seen firsthand how effective nonprofit management and strong board leadership can transform organizations and amplify their impact. While nonprofit staff members are the boots on the ground, boards of directors provide strategic guidance, fiduciary oversight, and support that empower nonprofits to achieve their missions.

At its core, good board governance starts with clarity. A well-defined mission, vision, and set of core values serve as a north star for any organization. The board’s role is to ensure these guiding principles remain front and center, steering the organization’s strategy and decisions. Too often, boards fall into the trap of micromanaging day-to-day operations, stepping into roles better suited for staff. This not only disrupts organizational efficiency but also detracts from the board’s true purpose of providing strategic leadership.

Another hallmark of good governance is active engagement. Board members must take their responsibilities seriously, dedicating time to understanding the organization’s operations, challenges, and opportunities. This involves more than just attending meetings. It means actively participating in fundraising efforts, serving as ambassadors for the organization, and leveraging personal and professional networks to further the nonprofit’s mission. An engaged board is an effective board.

Diversity is another critical factor in strong governance. A board composed of individuals with varied backgrounds, experiences, and perspectives is better equipped to address complex challenges and seize opportunities. Diversity goes beyond demographics; it includes diversity of thought, skill sets, and professional expertise. By embracing a wide range of voices, boards can make more informed and inclusive decisions that benefit the entire community.

Financial stewardship is a cornerstone of board governance. Nonprofit boards have a fiduciary duty to ensure the organization’s financial health and sustainability. This includes approving budgets, monitoring financial performance, and ensuring compliance with legal and ethical standards. Importantly, board members should also lead by example in philanthropy, contributing personally to the organization and encouraging others to do the same.

Good governance isn’t just about mechanics; it’s also about fostering a culture of trust and collaboration. Boards and staff must maintain open lines of communication, mutual respect, and a shared commitment to the nonprofit’s mission. This partnership is the bedrock of any successful organization, enabling the board to focus on high-level strategy while trusting staff to execute day-to-day operations.

In Eagle County, nonprofits face unique challenges. Our high cost of living, workforce shortages, and seasonal economy create a complex operating environment. Strong boards can help our local organizations navigate these obstacles by ensuring they remain mission-focused, adaptive, and sustainable to address community needs and align with community priorities.

Of course, it is important to recognize that board members are volunteers who balance their responsibilities with other personal and professional commitments. Boards should invest in governance training, strategic planning retreats, and other opportunities to build their collective capacity. A well-informed board is a powerful asset, capable of driving meaningful change.

Ultimately, the strength of a nonprofit lies in its ability to align its mission with its actions, and this alignment starts at the board level. By embracing good governance, nonprofit boards can position their organizations for long-term success, ensuring they remain vital contributors to our community for years to come.

Chris Romer is president & CEO of Vail Valley Partnership, 3-time national chamber of the year. Learn more at VailValleyPartnership.com