St. Louis, MO – May 16, 2019 – Smith Management Group (SMG), an Associa company, hosted an educational seminar for board members on Tuesday, April 23rd from 5:30 PM – 8:00 PM.
Licensed professional engineers presented capital reserve best practices to nearly 50 board members in St. Louis, Missouri. Attendees listened to new proposals on how to prioritize regular reserve studies and how those studies can be implemented to plan and manage future financial obligations for their communities, with several representatives highlighting examples on how to use capital reserve studies effectively. Mutual of Omaha Bank provided participates information on how associations can avoid special assessments, funding options for completing community projects, investment options for community association reserve funds, and how to take the emotion out of annual meetings by focusing on the facts.
“Smith Management Group truly believes information is key and board member education is one of the keys to excellent community management,” stated Roger Kinney, Smith Management Group president. “These seminars give board members the tremendous opportunity to interact with and learn from highly qualified industry professionals. They also provide them the tools they need to implement those ideas into tangible strategies that benefit the communities they serve. We are proud that so many board members attended the April seminar.”
The next board success seminar will be held on July 11, 2019 and is titled, “Association Insurance Basics: what you don’t know can actually hurt you, what to do if your board is sued, and defending association lawsuits.”
With more than 200 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more, visit www.associaonline.com.
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