The MAHCC is a nonprofit corporation organized as a 501 (c) 6 that operates dually for the benefit of its dues-paying members and for the public interest. The Chamber provides an important vehicle through which businesses voluntarily organize themselves and work together to promote the free enterprise system and advocate for economic, workforce and community development.
The Chamber's governing body is the Board of directors. It consists of business leaders who volunteer their time and expertise to further the Chamber's mission. The Board defines its vision and strategic plan, approves policies and procedures, ensures that adequate human and financial resources (earned income, government contracts and grants, and membership dues and sponsorships) are available, and actively monitors the Chamber's financial and programmatic performance and its compliance with applicable laws and regulations.
A properly constituted Board of Directors, diverse in terms of expertise and demographics, organized into working committees, strategically engaged in its corporate mission and vision, and adequately supported by staff, is the linchpin of good corporate governance and the cornerstone of a successful nonprofit organization.
The Board of Directors meets bimonthly, five to six times a year, on the fourth Thursday of odd months, except in November when the meeting is held on the third Thursday. Agenda and related information are sent a few days in advance.
Prior to the business portion of the meeting, business, political or community leaders who have been invited to speak under the auspices of the Chairman's Board Seminar series, discuss issues of interest to the Board. Moreover, the Board of Directors meets annually with the Board of Advisors to seek their guidance on opportunities and/or challenges facing the organization.
In order to ensure that the Board as a whole understand its role and fiduciary responsibilities and it is fully engaged in advancing the Chamber's mission, members are expected to participate in periodic Board development training sessions, usually lasting 3-4 hours, and which are led by an experienced facilitator.