Cooperative Development Services’ Senior Housing Cooperative Program
CDS is proud to be have hosted the 21st National Senior Housing Cooperative conference on May 22-23, 2024. For the second year in a row, we had record attendance!
A core function of CDS is connecting senior housing co-ops with each other and a wide variety of resources and tools, not only from other senior housing co-op organizations but with those who support the senior housing co-op community. We pride ourselves on being a neutral third-party, providing a wide variety of offerings to our member co-ops, such as networking opportunities, relevant quality programing through our workshops, and our national annual senior housing cooperative conference, all of which are led and managed by Vicky Chaput of CDS, with help and direction from our elected Senior Housing Cooperative Council (SHC Council) and SHC Advisory Committee. CDS, the SHC Council, and the SHC Advisory Committee are here to ensure the senior housing co-op community remains a vibrant, growing option in the greater senior housing sector throughout the nation.
Member Benefits
- Participation in the SHC Council to have a voice and elect SHC Council members
- The ability to learn more in-depth about the larger senior housing co-op community
- Determining what goals co-ops want to accomplish each year
- Input on coordination of educational events
- SHC Workshops and Annual Conference discounts (virtual and in-person options)
- Exclusive “Managers Only” networking and information sharing
If you are currently not a member, and interested in learning more, contact Vicky at vchaput@cdsus.coop.
CDS Senior Housing Cooperative Dues Formula 2024
| Number of Units | Dues Amount |
|---|---|
| 5-40 | $350 |
| 41-50 | $400 |
| 51-70 | $450 |
| 71-80 | $500 |
| 81-99 | $525 |
| 100-120 | $550 |
| 121-160 | $600 |
| 161-200 | $650 |
| 201-250 | $700 |
| 251-300 | $800 |
| More than 300 Units | $950 |
Senior Housing Cooperative Conference: This Senior Housing Cooperative Annual Conference is a national gathering and is the only of its kind. It brings together senior housing co-ops board members, their co-op residents, managers, and professionals working with co-ops from across the nation to learn from a wide variety of experts and share knowledge among one another.
Attendees also have the opportunity to visit with trusted, vetted vendors of interest to the industry. The conference also holds an awards banquet, a puzzle exchange, and silent auction benefitting the Senior Cooperative Foundation (SCF).
To learn more about the programming at our most recent 2024 Senior Housing Cooperative conference, which took place in May, 2024, visit here.”
SHC Workshops: Through our workshops, we address key issues our members face to help their co-op communities. We bring together senior housing co-ops and pertinent experts including but not limited to: attorneys, auditors, insurance, architects, and management companies, and many other types of professional organizations.
Recent Workshops:
- Capital Needs Assessment (CNA or PCNA)
- Understanding Replacement Reserves
- Replacement & Refurbishing Policies
- How to Protect Your Cooperative from Fraud
- SHC Deferred Maintenance
- Navigating Electric Vehicles, Charging Stations & More at Your Co-op
- Managing Your Co-op’s Insurance Costs
All Workshops are recorded and available to paid attendees. If you are interested in receiving one of these recordings, email Kayla of our team at kchaput@cdsus.coop.
The SHC Advisory Committee includes the SHC Council officers and two at-large members as well as staff from CDS and Senior Cooperative Foundation (SCF). This group is instrumental in helping CDS determine the topics and schedule for the SHC Council meetings and other programming and needs throughout the year, with input from member cooperatives and participates with other volunteers for the SHC Conference Planning Committee.
The Senior Housing Cooperative Council (SHC Council) is a committee comprised of members, directors, and managers of senior housing cooperatives, who are members of CDS.
Current Elected SHC Council Committee:
Tom Davis, Summerhill Cooperative of Maplewood – Chair
Bob Murphy, Applewood Pointe Cooperative of Roseville at Langton Lake – Vice Chair
Sandra Thompson, Applewood Pointe Cooperative of Eagan – Secretary
Evelyn Burry, Kildahl Park Pointe Cooperative of Northfield – At Large
Chip Treen, Zvago Cooperative at St. Anthony Park, St. Paul – At Large
The SHC Council is a committee governed by CDS and overseen by CDS staff and meets 3-4 times a year. Their activities include helping determine council agendas, establishing 3-4 workshop dates and topics, providing input on a yearly program budget, appointing a SHC Conference Planning Committee for the Annual Conference, election of officers, acts as forum for ideas and input to help CDS continue to address the needs of our senior housing community, and may address other issues as they arise.
During SHC Council meetings, best practices of senior housing co-ops are shared through a Q & A format, as well as building a network where senior housing co-ops can exchange information.
Updates are provided from CDS and our partner organizations: Senior Cooperative Foundation, Cooperative Housing Resources, the SCH Purchasing Cooperative and other partner organizations. These partner organizations are business entities or individuals that serve the Senior Housing Cooperative industry (i.e.: developers, management companies, insurance agencies, auditors, architects, etc.).
Partners
Senior Cooperative Foundation
The Senior Cooperative Foundation promotes the successful development and operation of senior housing cooperatives. They have extensive experience in delivering education and cooperative solutions for issues facing senior housing co-ops and their member-owners. CDS partnered with the Senior Cooperative Foundation to develop the Senior Co-op Housing Education Program (SCHEP), a training program for member-owners. This multi-module training has been delivered to over 4,000 new owners, and can be provided to your co-op as well! SCF researched and identified Guiding Principles – a set of standards and principles important to the success of senior housing cooperatives and the satisfaction of their member-owners. For more information on SCHEP, Guiding Principles and other SCF Programs please go to seniorcoops.org.
Senior cooperative housing provides vibrant, affordable living with a neighborly perspective for active adults 55+. Senior cooperative housing is much more than new home – it’s a rich, rewarding lifestyle. For information on Carefree Living in a Vibrant Community, including a list of all the current senior housing cooperatives please go to the Senior Co-op Living website.
Cooperative Housing Resources
Cooperative Housing Resources, LLC is a HUD-approved lender and development consultant specializing in senior housing cooperatives. They provide mortgage banking services and organizational development consulting for senior housing cooperatives. CHR’s commitment to cooperatives stems from a strong personal belief in and witness to the redemptive power of communities. Cooperatives are unique in creating affordable, enlivened, independent and interdependent environments that preserve members’ financial resources and enhance the aging process. For more information, please contact Travis Johnson at travisj@seniorcoops.com.
SCH Purchasing Cooperative
SCH Purchasing Cooperative helps senior housing cooperatives and their members obtain greater purchasing power in the marketplace and otherwise further their common interests. SCHPC is owned and controlled by senior housing cooperatives who choose to make a one-time stock purchase and become members. SCHPC vets vendors for member desired products and services and selects a preferred vendor offering the best value. For more information on SCHPC and their product and service vendors, please go to SCHPC.coop.
Should you have any questions, please contact Vicky Chaput at 651-265-3678 or by email at vchaput@cdsus.coop.