I think good governance depends on the industry / organization and regulations. As Shelley mentioned credit unions have strong roots and history in their communities but have responsibility to the regulator. As an accountant there are many more regulations now due to poor governance in for profit organizations. Not for profit organizations have a differnt role and set of regulations they need to follow particularly if they are a charity.
As far as the case there are too many board members that would have a conflict of interst and not a member at arm’s length. Even if they had a strong conflict of interest policy it would be too challenging to work around it. There are implied rules that a doctor and employee are elected. It is not typical to have an employee on a not for profit board. I would suspect the doctor is a contractor.
Great to see the variety of organizations participating in this and their governance structures.