They're Community Mods, aka, Board Moderator of the Community Board. They do not have the power to issue punishments, only to moderate. My goal is, somewhat, to make the Community moderate itself; one part is the ability of OP's to remove posts on their own threads, and now the second part is them electing their own moderators. Trust me, that's about as much autonomy as I can give to the community, and I had to plead long and hard for it.
We do not elect 'full' moderators, and we never will. Though standing in the community is an important factor in the process of picking our new mods. Once again, Marks can tell you all about it because he was still present at the time.