Island Management provides a team of professionals with expertise in a variety of areas. Our managers will manage your community with a "hands-on" approach. Island Management manages from the field, not from behind a desk. We manage many communities, working with a variety of contractors, and we develop knowledge and insights that cannot be developed, nor expected, from our competitors.
Island Management is a member of the Community Associations Institute (CAI), an organization that provides education and leadership throughout the industry
*Community Manager Services:
• Establish and implement building maintenance program.
• Develop bid specifications for community projects.
• Obtain bids for projects and present to Board for its action.
• Develop contracts and assist Board in contractor selection.
• Supervise contractors, e.g.: landscape, security, pool care.
• Train staff for maintenance, cleaning, and pool care.
• Make regular property inspections.
• Rules and regulation development and enforcement.
• Enforce deed restrictions.
• Initiate and implement preventive maintenance programs.
• Coordinate purchasing and pass through all volume discounts.
• Attend Board meetings, serving a business advisor.
• Approve all invoices for payment.
*Administrative Services:
• Prepare materials for annual meeting and election of directors.
• Advise the Board on changes in State law.
• Review association insurance and keep owners informed.
• Maintain owners records, directories, and mailing lists.
• Maintain Association records.
• Handle owner questions, problems, and complaints.
• Receive and route applications for sales and leases.
*Accounting Services:
• File and update local and state reports and permits.
• Work directly with the bank staff used by your Association,
• Reconcile bank statements,
• Prepare approved checks and post payments in the computer,
• Produce the financial statement your Board of Directors receives every month,
• Maintain all bills and receipt files,
• Work with CPA to prepare taxes and annual financial review.
• Meet with treasurers of many Associations to review and explain financial reports,
• Trace and make corporate tax deposits and handle year-end government tax
• Reports on sub-contractors,
• Trace certificates of insurance for all contractors and require that these are in force
at all times,
• Work closely with your community manager to monitor cash flow and budget
commitments
