On June 13, Community Associations Institute (CAI) is pleased to observe International Community Association Managers Day. This day honours the more than 55,000 community association managers in the United States and the thousands more around the globe. Community association administrators are the professional backbone of the condominium communities and homeowners associations they serve, providing the essential skills and knowledge for effective operations and governance.
The background of International Community Association Managers Day
Community association management is a new industry that has experienced exponential expansion over the past half-century. In the 1970s, the United States had approximately 10,000 community associations but only a handful of community association administrators. The majority of those who discovered the profession came from related industries such as flat management, hospitality and tourism management, and commercial development management.
As the number of community associations around the globe increased, the pioneers of the profession recognised the need for specialised training and expertise. There are currently more than 355,000 community associations in the United States, which are home to more than 74 million Americans. Over 55,000 community association managers labour tirelessly to meet the needs and expectations of the residents and to ensure the success of the volunteer homeowners who govern the communities. In their work with community associations, community administrators with CAI designations uphold the highest ethical standards.
Every year, more community associations are created; they have become a popular housing option for people all over the world, particularly condominium purchasers who desire proximity to city centres, public transportation, and schools. Owners of condominiums and other planned communities have access to otherwise inaccessible shared amenities such as swimming pools, walking trails, and other recreational facilities. Community association management offers abundant career opportunities, enormous earning potential, and a vast employment market — from the largest cities to idyllic island retreats.
You should be aware of these 5 RESPONSIBILITIES OF A COMMUNITY ASSOCIATION MANAGER.
General management and governance of the community, including communication with homeowners and board members, the administration and documentation of information and records, and the organisation of association meetings.
Assisting the association in developing and enforcing rules outlined in the community’s governing documents, addressing community violations, and answering inquiries about association regulations, while assisting the board in implementing fair procedures.
Assisting the board with the association’s financial management, budgeting, and cash flow.
Working with vendors to ensure the maintenance and functionality of the property and facilities.
Assisting the board in obtaining and maintaining association insurance and loans.
INTERNATIONAL COMMUNITY ASSOCIATION MANAGERS DAY DATES