Community Management
Community Financial Management
As part of TPW's full service property management, we produce all the necessary financial information your association needs to make sound financial decisions. Maintaining complete, accurate, and timely association financials is a cornerstone of TPW Management.
From developing Pro-forma operating budgets to reserve funding, we have the resources to protect and maintain the financial health of your association. As part of our services, we provide the following financial reports on both an interim and annual basis to homeowners and board members in a real time format.
Professional Bookkeeping
Operating & Capital Budget Preparation, Management, Monitoring and Reporting
Accounts Payable and Receivable
Assistance with Financing for Capital Projects
Liaison with Association Accountant and Auditors
For those communities that simply need a portion of TPW's full suite of professional community management services, we offer AccessPlus+. This innovative service offering provides communities the ability to have financial controls, web-based access, and communication tools for their community, while still managing their day-to-day operations on their own. These services are particularly attractive to smaller associations or self-managed communities.
AccessPlus+ can help you and your community manage its financials, improve communications, and develop long range plans. AccessPlus+ includes the following services from TPW
Dedicated Account Representative
Full-Service Bookkeeping Services
Assessment Billing, Tracking, and Mailing
Accounts Payable & Vendor Payments
Accounts Receivable Management (liens, foreclosures, etc.)
Customizable, Full reporting of all accounts
Online access to Association Financials and Unit Owner Accounts
Option to receive payment for dues via debit, ACH and credit card
Integrated Community website setup and management
Monthly Financial Reporting to Board
Annual Tax Return Assistance to Accountant
Reserve Funds Management
Budget preparation and management
Expert advice on capital funding, planning, and management
Assistance with mailings, communications with owners, and notices
TPW Management can help you build a stronger community and enjoy your time with your neighbors! With TPW's dedicated staff, established systems, and efficient technology, you will experience a best-in-class solution to provide your Board with the necessary resources to do its job.
Community Association Management
Homeowner and Board meeting notifications, schedules, logistics and minute recording are no longer a responsibility of the Board when your community is managed by TPW. Notices to homeowners, meeting minutes and Board-developed Administrative Rules are all disseminated by email, "snail mail" or fax depending on the mode the Board and community members require. In addition, documents can be posted to a secure community association website for homeowners to access. Your community will have the information it needs and in a timely manner.
Governing Document Management:
By-laws, Declaration, Rules and Regulations
State/Local Issues Resolution
Insurance Policy Bidding, Claims Assistance and Management
Homeowner and Board Meeting Management: Scheduling, Notices, Minutes
Homeowner Issue Resolution Management
One of the most effective ways to help increase support of Board decisions is through communication. If the members are informed of the issues facing their community and understand why the Board makes the decisions that it does, then they are more likely to support and comply with those community decisions. In addition, effective communication also allows Members to voice their comments, requests, concerns and ideas so that the Board can make its decisions based on the best interests of the entire membership. Through proactive communication, community members are invited to Go Play, and leave the work to TPW!