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The High Cost of Hybrid

Velvet Chainsaw

It is becoming evident that the additional cost of in-person safety protocols will be primarily the responsibility of the event organizer. Between diminished revenue, additional costs for in-person events and platform/content capture expense, the pressure on event leaders is significant.

Cost 106
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Funding Your Mission: 4 Nonprofit Financial Management Tips

NXUnite

Create an Annual Operating Budget Jitasa’s nonprofit budgeting guide defines a budget as “a planning document used to predict expenses and allocate resources for your organization.” For example, an animal shelter would include spending on pet food, toys, and medical supplies under their program costs. Let’s get started!

Tips 130
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Laying the Groundwork for the Perfect HOA: Your Governing Documents

HOA Strategies

Ensuring you have met the legal requirements for the documents your community needs, and that those documents are as clear and straightforward as they can be is critical. Establishing a Record Retention Policy will also be important to help keep your documents on track and ensure that homeowners know what records they have access to.

Utah 52
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Financial impacts: What the costs of COVID-19 mean for community associations

Ungrated

Higher operating expenses and unanticipated costs due to the ongoing global crisis pose challenges to association budget projections, reserves planning, and maintenance requirements. While companies can’t expect to pass all of these costs to their clients, some percentage must be recovered to remain operational. Comment below.

Cost 108
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Community Association Management Industry Trends for 2024 

AvidXchange: Association Management

Jarrett Tran, PCAM, Senior Account Executive, Community Association Management, AvidXchange Increased Cost of Doing Business In our survey with CAI, we found that keeping homeowners’ association fees flat was a major concern for community management associations in 2023.

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8 Ways to Use AI for Community Association Management 

AvidXchange: Association Management

This allows community managers to address issues proactively, preventing minor problems from becoming major ones , reducing maintenance costs and ensur ing the comfort and safety of residents. Through analysis of documents and contracts, AI can help identify potential compliance issues, reducing legal risks and related costs.

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Association Brain Food: 2.23.24

Reid All About it

Cost Saving Strategies Hear about our current marketplace and how it affects a planners’ strategy during negotiations. Get tips for tackling rising costs and shrinking budgets while demonstrating clear ROI. These documents have varying legal requirements and best practices for retention. 1 CMP credit. . More info/register.

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