PROFESSIONAL ACCOUNTING AND FINANCIAL SERVICES WITH ADMINISTRATIVE BENEFITS
SMALL ASSOCIATION MODIFIED MANAGEMENT SERVICES
(SAMM)
The
SAMM program has served countless small, medium, and large sized homeowners
association for the past ten (10) years. It is our experience that small
and self-managed associations often fail to receive suitable professional
association financial supervision, counseling, and administration. Large
Association frequently desire professional financial services. It is not
uncommon for financial reports and documents to be prepared without utilizing
"Generally Accepted Accounting Principles" with "Accrual
Accounting" and procedural requirements, as set forth in California
State Codes, which often go unattended. This service is designed for all
associations, small, medium, and large sized Homeowners Associations (Condominiums,
Townhomes and Single-Family Homes) at a cost you can afford. This program
is intended to provide you with all the basic, essential financial and
administrative services while offering and providing consulting services
on specific items on a monthly or an "as needed" basis. These
basic services include:
- FINANCIAL SERVICES (Basic Services):
1. Collection of association dues
2. Payment of association bills
3. Monthly or quarterly reconciled financial reports
4. Annual financial reports for tax purposes
5. Annual Budget preparation
6. Reserve Study update and analysis
- ADMINISTRATIVE SERVICES (Basic Services):
1. Assist Board of Directors in the performance of their Duties
2. Assist Board of Directors in complying with State Codes and Laws
3. Provide Annual year-end disclosures
4. Assist with Annual Elections
- PROVIDE CONSULTING ON SPECIFIC ISSUES:
1. Understanding CC&Rs, Bylaws, Rules and Regulations and State Codes
2. Preparing Minutes of Meetings
3. Preparing and enforcing Rules and Regulations
4. Solving Homeowner Problems
The benefits provided by the California Association of Homeowners Associations,
Inc. (also referred to as "California Association") are numerous.
Included in our program, the California Association of Homeowners Associations
Inc. will review many of your association's records and documents
and make suggestions or recommendations. We will review your Rules and
Regulations, Budget Pro Forma, Reserve Study, Minutes of Meetings, Financial
Reports (not an audit), collection policy and annual disclosure report.
We will make recommendations and suggestions as appropriate and provide
you with consulting on certain specific matters.