INTERNATIONAL COMMUNITY ASSOCIATION MANAGERS DAY

INTERNATIONAL COMMUNITY ASSOCIATION MANAGERS DAY-JUNE 13, 2023

The International Community Association Managers Day celebrated on June 13, is organized by the Community Association Institute (CAI) and is dedicated to over 55,000 community association managers in the United States and thousands more globally.

Community association managers are the professional backbone of the condo communities and homeowners associations they serve. In this case, they provide the skills and expertise necessary for success in operations and governance.

 

HISTORY OF INTERNATIONAL COMMUNITY ASSOCIATION MANAGERS DAY

Community association management is a relatively young industry that has grown tremendously over the last 50 years. There were roughly 10,000 community associations in the US in the 1970s but only a few community association managers. Most of those who discovered the profession came from related industries like apartment management, hospitality and tourism, and commercial development management and had little training and resources. 

 

As the number of community associations across the globe grew, the profession's pioneers realized that education and skills were needed. More than 355,000 community associations are housing more than 74 million Americans in the US today. Most of these communities depend on over 55,000 community association managers who work tirelessly to satisfy the residents' needs and hopes and ensure success for the volunteer homeowners who govern these communities. Community managers who hold CAI designations are highly ethical in their work with community associations.

 

Due to the increasing popularity of community associations, housing choices for people worldwide, especially condominium buyers seeking closeness to city centers, public transport systems and schools, and shared amenities such as pools, walking trails, and other recreational facilities that are not usually easy to attain. From the most significant cities to the most picturesque island getaways, community association management has a lot of career opportunities, tremendous earning potential, and a wide job market.

FIVE RESPONSIBILITIES OF A COMMUNITY ASSOCIATION MANAGER YOU NEED TO KNOW

Administration

Such responsibilities include general management and governance of the community, such as communication with homeowners and board members, administration of information and records, and organizing association meetings.

High Ethical Standards

The manager is responsible for assisting the association in developing and establishing rules stated in the communities’ rules and regulations, addressing community violations, answering questions about the laws governing the association, and helping the board follow provided procedures. 

Financial Governance

The manager must assist the board in financial management, budgeting, and the association's cash flow.

Caring for Facilities

The manager works with vendors to ensure that property and facilities are well maintained and functioning.

Insurance and Loans

The manager helps the board obtain and maintain insurance and loans required by the association.

WHY INTERNATIONAL COMMUNITY ASSOCIATION MANAGERS DAY IS IMPORTANT

Thank You, Managers

Community association managers work to make their communities better and ensure homeowners enjoy their stay. The work is challenging but rewarding, and this day helps to appreciate these managers.

Defining Community Association Managers

It is good to create awareness about the specific job definition and responsibilities of the community association manager, whose responsibilities are often confused with other related career paths, such as property managers focusing only on rental communities.

Career Path Clearance

This day offers an opportunity for people to learn about training, certifications, and other career requirements for this profession and potentially pursue a career in the field.

Are you a small business operating in the Community Association Managers Industry?  

It's time to get the recognition you deserve. For years most business awards have been focused on celebrating big corporations, but the Best of America Small Business Awards is the only business award for small businesses. Small businesses make up 99% of U.S. companies; this shows how big small companies are for our economy.   

BASA is the real deal, as it is prestigiously independent and was created with an unwavering love for small businesses. The award aims to showcase the best small businesses' notable efforts in growing and building economies, communities, and a better working world while encouraging more small businesses to get excited about new opportunities. 

With over 100+ categories to choose from, the award is not influenced by big corporations and has no nepotism, vetting process, or big guys, always winning nature. BASA's independent council of judges only cares about one thing- your work!

The BASA statuette is a hand-made work of art uniquely created in Italy by the internationally acclaimed artist Ithaca. Learn more at www.basawards.com.