Unprecedented wildfires brought sudden devastation and loss to Southern California in January. As wildfire recovery efforts begin, community association leaders need to consider what immediate actions to take while also ensuring they align with governing documents. They also need to be prepared to work with insurance providers and handle resident requests.
Reporting requirements under the Corporate Transparency Act have been reinstated for community associations, which now have until March 21 to file an initial, updated, or correct beneficial ownership information report with the Financial Crimes Enforcement Network.
In the past decade, the advancement of digital tools, smart devices, and enhanced connectivity has strongly altered community associations. From template-driven management to enhanced experiences, tech transformations have revolutionized community associations and will continue to shape the industry’s path.
Fallout from work-related stress pervades the U.S. workplace and economy. Leaders within the community association field are emphasizing the importance of physical and mental wellness in the battle over workplace stress.
People often talk about our industry in a negative light, and everyone is burned out from the negativity. As I embark on my term as CAI president this year, I would like to engage in a much broader health and wellness conversation. What if we focused efforts around the good? Imagine spending time and energy promoting the positive aspects of managing a community.
