Innovative Management offers three options for association management: Full Property Management, Financial Services Only, and Remote Management. Each offering helps associations run smoothly, whether you have an active or passive board of trustees.
Full Property Management
Who is this option for?
This option is for passive homeowner boards that do not want to manage an association. With this service, associations transfer the board’s daily administrative duties to an outside organization (our company) while the board maintains its executive direction of the community.
The services for this option include:
Financial Services
Our financial services encompass budget preparation, assessment collection, accounts payable management, financial record-keeping, and financial reporting. We adhere to recognized procedures and best practices and provide transparent and accurate financial information to support informed decision-making and financial stability within the association.
Property Maintenance
Our experienced team oversees all aspects of property maintenance, including regular inspections, maintenance scheduling, emergency response, and vendor management. We ensure that common areas are well-maintained, repairs are promptly addressed, and replacements are carried out efficiently, enhancing your community’s overall aesthetic appeal and functionality.
Administrative Services
We provide comprehensive administrative support to HOAs, including record maintenance, meeting organization, employee and contractor management, and policy guidance. Our dedicated team assists with day-to-day operations, ensuring smooth communication, efficient decision-making, and effective governance within the association.
General Support
In addition to core services, we offer general support to HOAs, including newsletter preparation, insurance claim supervision, buyer assistance, and dispute resolution/rules enforcement. We strive to foster a sense of community engagement, transparency, and accountability, promoting positive interactions and mutual respect among residents.
With full management, Innovative Management partners with your community, assisting the board in making the best decisions and instituting the best practices to maintain the beautiful community in which you live.
Financial Services Only
Who is this option for?
This option is for active homeowner associations that want to continue managing the day-to-day but not their financial duties. It transfers the board’s financial duties to an outside organization (our company) while the board continues it’s other remaining tasks for the community.
The services for this option include:
Financial Services
Our financial services encompass budget preparation, assessment collection, accounts payable management, financial record-keeping, and financial reporting. We adhere to recognized procedures and best practices and provide transparent and accurate financial information to support informed decision-making and financial stability within the association.
Remote Management
Who is this option for?
A budget-friendly option for communities with highly involved Board members that still benefit from a management company handling homeowner communications.
The services for this option include:
Administrative Services
A remote management team will handle all communications with the Board, as well as planning, operations, and project completion.
Innovative Management will not perform site inspections but will send violation letters upon the Board’s request or in response to Complaint Forms when proceeding under the Governing Documents.
Innovative Management will handle your Architectural Requests paperwork, the Governing Documents review, and relay them to the Board for final approval.
Attendance at Board or Annual Meetings will levy an additional Schedule A charge to the Association.
Vendor bidding will only be offered through our partnered vendors. Additional bidding research can be done by the Board if needed.
Seek the Help of a Property Management Professional
If you’re struggling to manage your HOA or condo association, it’s worth contacting a professional management company like Innovative Management for help. With years of experience managing COA and HOA properties, Innovative Management can provide valuable guidance to association board members, ensuring that your properties are managed efficiently and effectively. We offer various services, including financial management, maintenance, and homeowner communication, making managing your association properties easier. By working with Innovative Management, you can have peace of mind knowing that your community is in good hands and managed by experienced professionals.
Contact Innovative Management to start a conversation.