Condo communities and homeowners’ associations are typically set up as non-profit corporations. Just like for-profit corporations they have monthly income and expenses. This income and expense require monthly accounting tasks be completed. So what is condo or HOA...
Maybe you don’t have access to professional community association management services where you live. There may not be enough business in your town to support a community association management company. Plus it’s not practical for a larger management company to be in...
Life is busy enough let alone adding a condo community or homeowners’ association (HOA) volunteer role to your list of obligations, especially if you are a self-managed community. We have set out to design our community accounting service to make the entire life...
Whether you are self-managed or considering self-management for your condo community or homeowners’ association you don’t have to go it alone. The Board has several options. Besides finding a solid volunteer Treasurer you can use a full service management company, a...
One of the first questions potential financial management clients want to know when they call our company is: how much does financial management for a condo community or HOA cost? Although this is a very difficult question to answer, I will try to do my best here to...
You volunteered for the board and its more work than you anticipated. To reduce the board’s workload you are contemplating hiring a company to do the monthly bookkeeping tasks. You haven’t shopped for this type of service before so don’t feel 100% comfortable, but...