Since the early 1970s, community associations—condominium associations, cooperatives, and homeowner associations—in the United States have experienced exponential growth. It is anticipated that this growth will continue for the foreseeable future for generally the same reasons as in the past—that is a combination of regulatory pressures as well as the need for a housing alternative thatGo to Resource
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As of 2002, there are 240,000 community associations–condominium associations, cooperatives, and homeowners associations–in the United States, representing nearly 20 million homes and 45 million people. Currently, the average U.S. family spends nearly $1,300 a year on energy bills, with much of that energy being wasted due to air leaks, inefficient appliances and a general lackGo to Resource
Community Harmony & Spirit According to Foundation for Community Association Research’s National Survey of Community Association Homeowner Satisfaction, the average community association resident volunteers twice a year for community-sponsored events. Nearly 60 percent of respondents said that they participate in each of the following community-wide events: parties, holiday celebrations, neighborhood watch programs, and community holidayGo to Resource
Financial Operations It is CAI’s purpose to foster vibrant, responsive, competent community associations that promote harmony, a sense of community, and responsible leadership. Given that the fiscal health of the association has a direct impact on every member of the community, proper management of financial operations is an important element of building better communities. WhileGo to Resource
Strategic Planning Definition and Philosophy Strategic planning is more than ensuring your association will remain financially sound and be able to maintain its reserves—it’s projecting where your association expects to be in five, ten, or fifteen years—and how your association will get there. It is a systematic planning process involving a number of steps thatGo to Resource