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BOARD WITH YOUR CURRENT LEADERSHIP?
Rising debt. Higher costs. No audits
Shareholders deserve better oversight and responsible governance.
Coalition for Change
The Coalition for Change is a group of Ponds shareholders who believe strong governance, financial transparency, and accountable operations are essential to a healthy cooperative community. Formed in response to ongoing concerns raised by residents, the coalition focuses on advocating for responsible board leadership, clear oversight of finances and vendors, and respectful communication with shareholders. Its goal is to support practical, experience driven solutions that protect shareholder interests and promote a stable, well managed future for the Ponds.
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WHY CHANGE IS NEEDED
For years, shareholders have raised the same concerns. Those concerns remain unresolved.
Documented issues include:
FINANCIAL MISMANAGEMENT
- The Daniels Drain project added $900,000 in new shareholder debt
- No strategic plan exists to repay $3.1 million in additional mortgage debt
- Annual shareholder costs increased by more than 20 percent since 2022
- Required audited financials have not been provided since 2022
OPERATIONAL OVERSIGHT FAILURES
- Management company behavior toward shareholders is consistently reported as unprofessional
- Shareholder accounts contain frequent billing and accounting errors
- Phone calls and inquiries often go unanswered
- Maintenance represents roughly half of annual costs despite unit level maintenance responsibilities
- Major projects move forward without competitive bid processes
- Maintenance decisions rest with a single individual without daily supervision
These issues impact every shareholder. Inaction increases risk.
THE RISK OF MAINTAINING THE STATUS QUO
- Continued debt growth without a repayment plan
- Ongoing cost increases
- Limited financial transparency
- No accountability for vendors or management
Board leadership exists to protect shareholder interests. Oversight must be active, informed, and disciplined.
A QUALIFIED SOLUTION
Meet Tonya VanOrder PhD, MBA
CURRENT ROLES AND EXPERIENCE
- Treasurer for a national medical education association with nearly 1,000 members
- Responsible for financial oversight, budgeting, and board level reporting
- Director of Medical Education and Designated Institutional Official at a major hospital system
- Oversees multiple accredited programs, operational compliance, and large budgets
This experience directly aligns with the challenges facing the Ponds.
WHAT TONYA BRINGS TO THE BOARD
- Financial discipline and transparency
- Strategic planning focused on debt reduction
- Clear oversight of vendors and management
- Respectful, responsive communication with shareholders
- A collaborative, professional board culture
The goal is simple. Protect shareholder finances. Restore accountability. Improve operations.
A NEW STANDARD FOR THE PONDS
The Ponds benefits when board members bring relevant experience and a commitment to governance best practices.
Tonya is a shareholder. She understands the impact of board decisions firsthand. Her focus is responsible operations and a positive community culture.
THIS ELECTION MATTERS
Vote for accountability.
Vote for financial oversight.
Vote for experienced leadership.
Vote for Tonya VanOrder