On Sept. 10, CAI filed a lawsuit against the United States Department of Treasury challenging the application of the Corporate Transparency Act. We believe the application of the Corporate Transparency Act to community associations is an overreach and potentially unconstitutional, and we will continue to work to protect the interests of our members and communities nationwide.
Emotional intelligence is a professional and personal skillset using the self and social awareness of emotions and understanding their impact on those around us. It’s the ability to manage the negative emotions of ourselves and others while motivating positive and effective emotions needed for performance.
In keeping with CAI’s emphasis on building community, the CAI Minnesota and Houston chapters are prioritizing social responsibility through various social initiatives. The goal is to wrap diversity, equity, and inclusion initiatives into the outreach efforts. The help provided through these programs is bringing together community members from all backgrounds.
Community service events bring positive public awareness to community associations and the community management profession. Community associations and CAI chapters are more involved than ever in building community and establishing strong and meaningful relationships through volunteer service efforts.
Community Associations Institute filed an amicus brief earlier this week in the United States Court of Appeals for the 11th Circuit challenging the constitutionality of the Corporate Transparency Act. Enacted by Congress in 2021, the act requires businesses, including community associations, to register with the Treasury Department’s Financial Crimes Enforcement Network. CAI supports the act’s intent to bolster transparency and counter money laundering and terrorist financing efforts but believes it should not apply to community associations.
