Fiscal Management
HOAMCO maintains all fiscal records.
- Prompt handling of all homeowner inquiries
- Assessment collection and bank deposits
- Assistance in preparation of the annual budget
- Disbursal of funds as directed by the Board of Directors
- Preparation of monthly Income/Expense statements and Balance Sheet
- Maintenance of a separate account for each homeowner
- Processing and handling of delinquencies
- Receipt, review and processing of invoices for payment by association
- Coordination with auditor to finalize year-end audit, tax returns
- Corporation filings with the State
- Report generation
- Direct Debit
Administrative Management
Managing information thru professional members.
- Committed support to Board of Directors
- Assistance with legal matters
- Assistance with incoming/outgoing correspondence
- Attendance at Board of Director meetings and Annual meeting
- Monitoring of local/national laws and advice on pertinent legislative issues
- Seminars/workshops for Board members
- Obtaining competitive bids for services as requested by Board of Directors
- Selection of insurance providers and policies with Board approval
- Supervision of contractors hired by the association
- Marketing support for association activities and communications
- Community web site access for association members (view demo here)
- Board Packet
Physical Management
We'll help with contractors, CC&Rs & more.
- Supervision of contractors
- Emergency site visits to ensure contractor performance
- Frequent review of community
- Assistance in enforcement of community association covenants, conditions, and restrictions
- ARC and CC&R tracking
- Liaise with city/state/county authorities as needed (police, fire, claims adjusters, neighborhood watch, etc.)
- Full reporting to Board of Directors
- 24-hour availability/on-call maintenance
