Board of Directors
Chief Operating Officer (COO) – 33% Voting Rights
The Chief Executive Operations Officer (COO) will be responsible for overseeing the day-to-day operations of the organization, ensuring efficient delivery of programs and services, managing internal processes, and supporting the CEO in achieving the organization’s mission by focusing on operational excellence and resource management; essentially, they he/she will be responsible to translate the strategic vision into practical action within the organization.
Key responsibilities of the COO will include:
- Oversee daily operations across all departments
- Execute long term strategic objectives from CEO
- Develops and implements long-term strategic plans
- Manage operational budgets, monitoring expenditures and ensures financial sustainability through operational execution
- Staff leadership, developing teams and talent development
- Identify and improve areas of operational efficiency
- Ensure compliance with regulations while identifying potential operational risks to implement mitigation strategies
- Routinely provide updates to the CEO and the Board on operational performance
Chief Executive Officer (CEO) – 33% Voting Rights
The Chief Executive Officer will be responsible for overseeing the day-to-day operations of the organization, ensuring it aligns with the Living Waters mission, leading fundraising efforts, managing staff, collaborating with the board of directors and representing the organization to the public, all while focusing on achieving the organization’s strategic goals and maximizing our impact on the community.
Key responsibilities of the CEO will include:
- Strategic leadership to align with long term goals
- Build partnerships with other non-profits to help support residents
- Oversee budget and financial sustainability
- Regular communication with the Board
- Staff Management
- Create and maintain a culture that aligns with the Core Values of Living Waters
- Lead fundraising efforts
- Full and complete program oversight
Chief Administrative Officer (CAO) – 1% Voting Rights
The Chief Executive Administrative Officer (CAO) will serve as the right-hand to the Board of Directors and is accountable for the completion of all daily tasks, scheduling, and ensuring timelines are met.
Chief Executive Financial Officer (CFO) – 33% Voting Rights
That the executive financial officer (CFO) will manage the organization’s finances, including budgeting, investments, and reporting. He/she will ensure compliance with regulations and financial standards.
The key responsibilities of the CFO will include:
- Oversight of the organization’s budget, cash flow, and investments, prepare and issue financial statements, and monitor cash flow.
- Manage financial risks and ensure compliance with regulations, develop long-term financial goals and assess the feasibility of strategic initiatives.
- Manage the grant funding, including calculating overhead costs and ensuring grant dollars are used as intended, while ensuring compliance with laws, regulations, and accounting standards. If stakeholders are involved, the CFO will provide financial updates and recommendations to the board of directors and other stakeholders
- Oversee payroll and human resources, manage bank relationships, prepare tax returns with the assistance of a CPA, assist in identifying grant funding opportunities, conduct loan reviews if used, and ensure compliance with IRS regulations, ACA requirements and IRASA Form 990 requirements.
Meetings:
- Regular meetings will be held weekly and mandatory with board members. Virtual meetings are acceptable when in person meetings are not conductive to all members.
- A special meeting will be called at the desecration of board members when the need arises for operational purposes.
- Mandatory yearly meetings to discuss the health and future of the organization. This meeting will be held in the month of September each year unless otherwise specified.
Committees:
- Committees will be formed as needed. The Board of Directors will elect a Chair head at the time of the formation of the committee.