Picture a Tuesday-night board meeting: insurance renewal quotes are up 15 percent, reserves for the roof still lag, and owners want security camera upgrades – yet a mere $10 dues increase will spark pushback. The real budget killer often isn’t the headline costs; it’s the waste hiding in plain sight – overlapping vendor contracts, half-empty…
Picture this: you install sleek new solar panels, eager to slash your electric bill and shrink your carbon footprint, only to get a stern letter from your HOA demanding removal plus a hefty fine. Before panic sets in, here’s the twist: that “rule” is legally powerless. Now flip the script. You’re the HOA board treasurer…
Strong financial management is the backbone of a successful homeowners association. From budgeting and dues collection to preparing for reserve studies and audits, accurate and timely accounting keeps everything running smoothly. That’s why choosing the right HOA accounting services isn’t just a practical decision – it’s a protective measure for your entire community. Whether you’re…
When it comes to managing your association’s financials, having the right support behind the scenes can make all the difference. That’s why we added a new position. Meet Tonjia Jackson, our dedicated Bank Liaison & Administrator. With over 38 years of experience in the banking industry—including a distinguished tenure at Truist—Tonjia brings unmatched knowledge and…
The collapse of Champlain Towers South in 2021 was a tragic wake-up call for the community association industry. In the aftermath, many states introduced legislation requiring associations to adequately fund their reserves — aiming to prevent similar disasters caused by deferred maintenance. However, Robert Nordlund, PE, RS, Founder and CEO of Association Reserves, cautions that…
In community associations, managing finances effectively is essential for maintaining trust and accountability among board members and residents. A common question arises when board members pay vendors out of pocket and later seek reimbursement. While this may occasionally occur, it should not become routine. Although the intent may be to expedite vendor payments—or even to…
Tax season might not be top of mind for most condo boards, but when it comes to condo association tax filing, early preparation makes all the difference. Every association – regardless of size or income level – is required to file a federal tax return each year, and waiting until the last minute can lead…
Are you tired of the top two problems plaguing the HOA industry: unresponsive service and shoddy accounting? Are you frustrated by unreturned calls, inaccurate financials, and the constant struggle to get things done? You’re not alone. Many HOA board members and homeowners face these challenges, but there’s a better way. Introducing a New Standard in…
On May 8th and 9th 2025, Chris Elmore (Sales Director) and I joined 2,500 other attendees at the Community Association Institute Annual Conference & Exposition in Orlando Florida. This event is geared towards community managers, and the expo is packed with vendors that cater to Community Associations. I wanted to connect in person with our…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
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