SERVICES

Apgar Management

   


SERVICES


ACCOUNTING


· Prepare monthly financial using a verified accounting program 

· Reporting based on modified accrual basis - Revenues  are reported when earned, not when received Expenses  are reported when paid, not when incurred 

· Provide monthly, quarterly and annual financial statement – as determined by customer

· Accounts Payable – Pay all expenses associated with maintenance repair and replacement

· Accounts Receivable – Monitor accounts receivables and actively collect past due assessments

· Banking – Separate accounts for each association so funds are secure and accounted for without co-mingling funds between communities

· Separate accounts for reserve funds using Certificate of Deposits

· Maintain all records according to Illinois requirements

· Work within the fiduciary restraints of the association and the parameters of the federal, state, local laws, Illinois Condominium Act, Governing documents of the association.


PROPERTY MAINTENANCE


· Respond in a timely manner and process and follow up on maintenance requests 

· Ensure all projects are completed by professionals in their field, completed with the safety of the residents in mind and with proper insurance

· Practice preventative maintenance to reduce or eliminate emergency or reactive maintenance problems

· Routinely walk and inspect the grounds and the building’s exterior and common area interior areas

·  In the event of emergencies, help facilitate the process with appropriate measures

· Preventative and yearly maintenance 

· Keep the necessary association documents, both historical and current 

· Through an extensive list of contractors and vendors, ensue the association is served best for their needs and interest


RECORDS/ADMINISTRATIVE AND OTHER


· Contact information, addresses, phone numbers and email address

· Maintain correspondence via email, phone and US Mail

· Attend Board meetings (number to be determined in contract terms)

· Provide management reports and updates 

· Record and log all maintenance reports