Stock market meltdown: How communities can build financial resilience amid uncertainty

Stock market meltdown: How communities can build financial resilience amid uncertainty

Over the past week, the stock market has suffered major losses that make even the most confident Wall Street trader stressed. Many community association board members also have been wondering: What should we be doing with our reserve funds right now? By grounding your community’s reserve strategy in timing, needs, and structure, you can reduce anxiety and increase confidence even in the face of market uncertainty.

Not on my watch: Avoiding financial fraud in communities

Not on my watch: Avoiding financial fraud in communities

Things have stabilized at the Hammocks Community Association near Miami more than three years after local prosecutors began filing criminal charges against previous board members for allegedly defrauding owners of more than $2 million in a financial fraud scheme. Every instance of financial fraud serves as a reminder, professionals say, of the importance of owner vigilance and the need for safeguards and controls. 

International Women’s Day: Celebrating women in community associations

International Women’s Day: Celebrating women in community associations

This Saturday (International Women’s Day) and throughout March, we proudly recognize and celebrate the extraordinary women who lead, inspire, and elevate community associations. From community management and governance to law, accounting, insurance, technology, reserve studies, banking, and engineering, women have made their mark on the community association industry.

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