COOPERATOREVENTS CHICAGOLAND EXPO. MAY 20th, 2026 . DONALD E. STEPHENS CONVENTION CENTER . REGISTER NOW!

What Makes a Board Great?

What Makes a Board Great?

Whether you preside over a tight-knit, eight-unit condo on a quiet street in Andersonville, a sprawling association in Edgewater, or a legacy co-op building on the Gold Coast, building credibility and trust with residents is crucial to your board’s success. 

That trust doesn’t just appear automatically, of course. It’s earned through clear communication, accountability, a spirit of collaboration, and an intimate understanding of residents’ needs and expectations. We asked some veteran property managers and legal pros what separates a strong board from a not-so-great one, and here’s what they said: 

Clear, transparent communication with residents. This is far and away the foundational recommendation from property governance experts. The president is often the primary public face of the board, so how they share information sets the tone for the entire community. As one pro puts it, “good board presidents build trust by communicating clearly—not just when something goes wrong, but as part of an ongoing policy of transparency” with residents. Regular emails, newsletters, and updates on building issues are all great ways to ensure that owners feel informed and included. This helps build trust among the residents, building staff, and professional partners.

Transparency in decision‑making and financial matters. This is closely tied to clear, honest communication in general. Residents’ units are more than just a financial asset; they’re homes. Naturally, owners and shareholders want to see that their board operates openly—especially on sensitive topics like major repairs, reserve funding, and vendor contracts. Making detailed budgets, meeting minutes, and clear explanations of board actions accessible to residents goes a long way toward neutralizing suspicions and reinforcing legitimacy and good faith. Residents who feel valued and informed tend to be more engaged, more responsive, and more content overall with how their building or HOA is run. 

Consistency and ethical leadership. Along with good communication, many industry pros strongly advise boards to adopt a signed code of ethics and conduct reinforcing a policy of fairness, avoiding conflicts of interest, and holding board members accountable to their community. Spelling out principles such as equitable treatment of all residents, disclosure of potential conflicts, and strict adherence to governing documents lets residents know their board is serious about integrity, and goes a long way toward cultivating trust. 

The unifying power of teamwork. Individual board members may of course disagree on issues, but once a decision is reached, it’s crucial that the board speaks with one voice. For reasons of both prudence and potential liability, board members should never gossip or discuss internal board deliberations outside official channels; doing so erodes trust and sows confusion among residents—which in turn makes the board’s job that much harder. Speaking with one unified voice indicates a board that’s thoughtful and aligned, rather than fragmented or chaotic. 

Working well with professional partners. Boards that treat their management, legal counsel, and financial pros as trusted advisors and work collaboratively on goals tend to operate more effectively than those who try to do it all themselves. Boards don’t have to figure out everything on their own—in fact, they shouldn’t. Assembling and maintaining a trusted team of professionals takes the pressure off busy volunteer boards who most likely have full-time jobs, families, and other concerns beyond community governance.   

Respectful engagement and emotional intelligence. Board members should model patience, active listening, and empathy in resident interactions. Handling disputes with civility and objectivity—even, or perhaps especially, amid disagreement—demonstrates  board members’ commitment to the well‑being of the whole community. Residents remember how they were treated, and consistent respect builds relational trust every bit as much as administrative competence.

Ultimately, board credibility is built over time through consistent action, ethics, transparent communication, and collaboration. By centering these values in their day-to-day work, boards and board members can strengthen community cohesion and help foster a community where residents feel respected, informed, and genuinely represented.

Related Articles

Man signature document for life insurance investment

D&O 101

Your Board’s Best Defense

Hand flipping wooden cube with TRUST and TRUTH words. Concept of business ethics, honesty, integrity, and building trustworthy relationships. Clean table background

Transparency & Discretion

What Information Boards Should Share, and Why

Technology & Open Meetings in Illinois Community Associations

Technology & Open Meetings in Illinois Community Associations

Zooming Into Governance