The complexities of financial management for community associations are significant. Having a professional community manager to handle those complexities can be invaluable.
Choosing the right association manager for your community can be challenging. You never want to compromise when it comes to something as important as the financial aspects of managing a planned community or individual HOA. When you select Robson Property Management to handle your association management, you can rest assured that you are getting the finest representation available today.
We provide HOA management in and around Tulsa and Broken Arrow, Oklahoma. Our comprehensive services cover all the bases, with specific focus on association financial management.
The right financial management services for your association will bring peace of mind to the board as well as to the balance of your property owners.
The first category of financial association management pertains to individual property owners. Keeping each owner’s account up to date and accurate is imperative, as is avoiding the comingling of funds among owners. Tracking assessment payments and monthly HOA fee payments are additional components of the process, as is pursuing legal remedies for unpaid fees.
On a more global basis, community management companies must handle the oversight of general community finances. Annual budgets are a component of this task, along with the monthly tracking and reporting of income and expenditures. Managing the budget is critical, as is all required reporting, taxes, and compliance measures.
A professional property manager has the ability to work closely with the association’s treasurer as well as the rest of the board, to maintain the financial health and well-being of the community. This includes taking proactive measures to build and preserve assets while keeping tight control on expenses. All of these tasks must be conducted in established ways, while maintaining generally accepted accounting principles and procedures.
It is important to note that every association has a unique set of objectives and challenges. For that reason, you need financial management that is truly customized to fit your needs.
Our team of highly credentialed professionals has an established track record of providing comprehensive financial management services for homeowner associations of all sizes and types. No matter how your community finances are structured, we are the most well-qualified to assist you. We provide our services throughout the Tulsa metro area and in Broken Arrow, Oklahoma.
Contact us now to learn more about how we can assist you with all of your community’s financial management needs.
As a board member, one of your most important responsibilities is managing the association’s finances. As a fiduciary of the corporation, you must protect assets, budget responsibly, plan for the future by investing wisely, and adhering to GAAP rules and regulations as a standard. Let us assist you with this highly important role.
RPM OFFERS THE FOLLOWING FINANCIAL PACKAGE FOR SMALLER COMMUNITIES: