Financial Management Package
Many associations do not have the needs and/or budget capabilities for a full service management solution. That is why Elite has developed its accounting and finance option. This allows all properties to benefit from the oversight of a professional management company while not absorbing high costs. Listed below are some of the highlights.:


Financial Management Package

  • Management of assessment collections and vendor payments
  • Development of the annual budget including written analysis
  • Preparation of monthly financial statements and reports
  • Communication with legal counsel regarding collection accounts
  • Provide a quarterly written analysis including funding and investments recommendations, P&L performance, and collections status
  • Maintenance of all fiscal records in accordance with recognized and acceptable procedures

Other Advantages

  • A "one stop shop" for association services including access to Elite's portfolio of contacts for maintenance, legal, engineering, and other areas
  • Email communication with Elite's professional staff for quick questions or advice relating to Association matters
  • Property consulting services available for special association projects (priced separately)

Elite is not limited to the services above, and, upon request, will complete other special tasks as needed to efficiently manage your property. Please contact us today for a proposal at (708) 352-2870 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it..

 

Elite Management Associates, Inc. ["Elite"] exclusively serves property associations. (708) 352-2870

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