This opens the door to serving 100 percent of the marketplace as opposed to “members-only.” Though they dropped the concept of dues, they retained a mechanism to allow members who...

Good news: the assessed value is appealable! Taxpayers have the opportunity to contest the Assessor’s judgment of their property’s fair market value.

Can't our co-op cut expenses instead of upping the housing charges every year?

A capital replacement reserve plan is a strategy for keeping your co-op in good repair into the future. A plan tells you how long the chief elements of your property...

The Agency says our co-op's capital replacement reserve is underfunded. What does that mean?

Smoke detectors chirp. Automobile dashboards utilize a range of lights and colors. Computers flash messages in machine language. What do all of these things have in common?

Sample Replacement Reserve Expenditure

The replacement reserve is a fund kept by each housing sponsor under the terms of its operating agreement with CMHC.

The board of directors of a nonprofit organization has legal responsibility for the organization’s work. The board is responsible for both short-term and long-term planning, and it must ensure that...

Sample form

The nonprofit community in the United States is well established with commonly accepted practices and government-required standards.

This pamphlet is intended to provide an overview of collecting assessments; as the primary source of income, assessments are the lifeblood of an association. If assessments are not collected in...

A large number of cooperatives are contemplating refinancing their existing mortgages. Several reasons exist for this.

When we review your co-op's Annual Information Return (AIR), we look closely at your capital-replacement reserve. We also verify how much money you hold in cash and investments.

This guide has been designed to present the very basics of bookkeeping and cooperation. financial statements. The format is designed for individuals with limited bookkeeping or accounting experience. It is...

It is a companion to the workbook "Organizing Your Corporate Documents." Other workbooks in this series focus on specific rules and responsibilities.

A cooperative is a business that people use its services. owned and controlled by the That brief definition doesn’t cover all the variations and complexities of cooperatives. But it captures...

This report is designed to help members understand and analyze their cooperative’s financial statements. The financial statements contained in a cooperative’s annual report are the members’ chief source of financial...