Community Association Financesswarmdev2023-05-09T11:00:48-04:00
For over 15 years, BJM has provided community associations and HOAs with a specialized approach to accounting, auditing and tax preparation. This practice is led by Neal Bach, a long-standing Community Associations Institute member and sponsor. Neal was also the treasurer and president of his homeowner association, so he understands the management and financial challenges associated with these volunteer organizations.
Neighborhoods, Like Homes, Require Maintenance Over Time
Is your community prepared for a rainy day? Amenities wear out, structures require increased maintenance, and systems need to be repaired or replaced. As your neighborhood becomes established, it requires additional financial diligence to ensure that funds are available to maintain the current standard of living.
BJM can help you keep your association running smoothly today while preparing for future expenses and contingencies. We offer a variety of options, from full accounting packages with board meeting representation to individual services such as tax prep, audits, and reserve plan reviews.
Since we know your vendors, BJM also provides operational support in addition to accounting and advisory services. Contact us for assistance with vendor evaluation, contract negotiation, and even officer liability coverage. We’ll make sure that fees are fair and scope of work or coverage is adequate to deliver required results.
Leverage the expertise of BJM to keep your community association or HOA operating smoothly, including:
Community association audits and other financial procedures
Financial and reserve plan reviews
Financial reporting and forecasting
Independent verification of annual meeting election results
Full accounting support
Audits and related financial engagements (reviews, compilations, etc.) are conducted by BJM Audit, Inc.