The purpose of the Board of Directors is to define the high-level strategy of the Consortium and to decide on opportunities and/or events that severely impact the Consortium’s mission, scope, and future. (For instance, the Board of Directors is the appropriate forum to consider and decide on a proposal to merge the Consortium with third party or to make an acquisition.) 

The Board of Directors is also responsible for monitoring the performance of the Chief Employed Officer and holding him or her accountable to the terms of the employment contract.  

The Board of Directors shall consist of the following four Standing Committees: 

• Audit and Risk – focused on monitoring and auditing IDCA’s financial condition annually. The committee will continuously monitor the enterprise risk in conjunction with IDCA’s leadership.  

• Nominating – focused on nominating future members of the Executive Leadership team and the Board of Directors, including Standing Committee positions  

• Finance – focused on overseeing the financial situation of the Consortium 

• Awards – focused on outreach and recognition of Consortium members and their activities to promote or advance the Consortium and its mission