Treasurer

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Five Qualities of a Good HOA Treasurer

One of the most important jobs on the board of a homeowners association is the position of HOA treasurer. The position is much more than a simple knowledge of how to manage finances, (although this is also important). There are

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A Guide To HOA Board Responsibilities

Serving on the board of a homeowner association is a high calling. Well meaning volunteers are elected to roles that are critical to the well being of the HOA. But what exactly is a board member supposed to do to

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FAQs on HOA Board Member Roles and Responsibilities

The president leads the Board and is responsible for overseeing and handling many of its procedural duties. In order to succeed in this role, the Board president must be knowledgeable about the community’s CC&Rs and governing documents and understand how

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Presenting Your HOA’s Monthly Financial Results: Best practices for board treasurers and property managers

Most neighborhoods and their property management companies utilize accountants to prepare the monthly financial statements. As a board treasurer or property manager, you receive a monthly package of financial data that needs to be reviewed with the board. The board

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What Boards Should Know About Finances: Keeping Your Community in the Black

Money, money, money. The world runs on it. And your building’s well-being depends on it.  The issue is not just having funds, but managing them. Handling the finances for an entire building or association is a major responsibility, and boards—even

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The Role of the Treasurer in a Homeowners Association

It is that time of year again – association budgets are going to be on almost everyone’s radar soon, and they are one of the core elements of any association. For a budget to be effective and the budget process

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Clarifying Board Roles: Who’s On Board?

Chances are if you’re a resident in a co-op, condo, or HOA community, you’re familiar with your property’s board of directors (or trustees, or managers, depending on what part of the country you live in). Boards are usually made up

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Community Associations Countdown to Year-End!

The end of the year is approaching and before long we will be setting New Year’s resolutions for 2017. But before that new beginning, we need to wrap up 2016. For those associations whose year-end is December 31st there are

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The Importance of Being Treasurer

To be a good board treasurer, you need somebody who’s got the time and the interest to dive into [an] understanding [of] the building’s financial issues

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Know your Duty as HOA Treasurer: 6 helpful tips

It is the treasure’s responsibility to protect the association’s assets, and while these duties and the authority to exercise them are detailed in the HOA’s governing documents and state law

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9 Tasks of an HOA Board Treasurer

All members of the HOA board are responsible for the Association’s overall financial health; but the treasurer has specific duties to protect the Association’s assets.

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Five Qualities of a Board Treasurer

The board members of your community association serve many important leadership functions. In this article, we’ll delve into the role of treasurer and the impact they have on the health and future growth of your community.   Read the article…………….

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The Essential Five People On Your Association Board

It takes a lot to build a great community. You need committed residents, a dedicated board of directors, and a clear understanding of everybody’s roles and responsibilities.   Read the article…………

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Where Does a Co-op or Condo Treasurer Turn to for Advice?

The treasurer of a co-op or condo board plays an important role in the financial health of the property: overseeing the budget, making sure the bills get paid in a timely manner, and finding ways to control costs and maximize

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Understanding Your Community Association Financials

As the president of my HOA, I can attest to the fact that serving on a community association board of directors is a time-consuming task. Just dealing with the normal business of the community is challenging, and keeping an eye

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What Are The Responsibilities Of A Condo Board Treasurer?

Success of a homeowners association lies in the hands of the board of directors. Strong boards of directors carry out proper planning and execute those plans on a timely basis to ensure well-being of the home owners and residents in

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Board 101: What Are the Duties of a Condo or Co-op Board Treasurer?

You might reasonably imagine you know what a co-op or condo board treasurer does. He or she is like an accountant, right? Or, well, maybe a bookkeeper. It’s the kind of thing where it helps to have a degree in

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So Now You’re On the Board

The first steps to superior board performance are clarifying your board’s job and then following through with appropriate plans, actions and evaluation of results. The checklists presented here are intended to assist you in those tasks. They cover a significant

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