HOA Board of Directors Roles and Responsibilities

HOA Board of Directors – Who are they, and what do they do? Generally, an HOA Board of Directors is made up of community volunteers elected by fellow residents to serve on the Board to make decisions on the residents’ behalf regarding the HOA.

Below is a brief overview of the HOA leadership roles and duties. 

What is the structure of your HOA Board of Directors? 

In general, the Board of Directors consists of five (5) officers:

President:

The HOA President role, is preformed by someone who is knowledgeable of the community’s governing documents, oversees the community association’s operations by ensuring orders and resolutions are carried out, as well as signs contracts and co-signs checks. He or she leads all meetings acting as the foreman.

Vice President:

The Vice President performs other duties as required and will take the place of the President when necessary. Equally, the Vice President should have in-depth knowledge of the community bylaws and regulations.

Secretary:

The Secretary keeps meeting minutes, records votes, and maintains compliance with essential association documents.

Treasurer:

The Treasurer keeps track of the association’s finances and reports on monthly financials at board meetings.

Member at Large:

The Member at Large acts as the fifth voting member of the Board, as well as conducts other assigned duties.

Panel Of Women HOA Board Of Directors

What are the primary duties of your HOA Board?

The HOA Board members must ensure that the community is maintained by enforcing the community’s CC&Rs and Bylaws. Most importantly, Board members should be fair, honest and keep the homeowner’s and the association’s best interest in mind when making decisions.

What is the relationship between the Board of Directors and your professional community management partner?

As community volunteers, the majority of HOA Board’s elect to hire a professional community management company to leverage their expertise on community governance, ongoing maintenance, and resident communication. In partnership with the Board, the professional community management company helps provide structure to a community, protect property values and ensure positive living environments.  


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Have A Question?

If you live in an association and have questions about Board Member Roles and Responsibilities, fill out our CONTACT US form, and we will happily contact you to answer them

AAM Voted a Best Place to Work for a Thirteenth Year

AAM Voted a Best Place to Work

Associated Asset Management (AAM), a nationally recognized leader in community association management and accounting services for clients throughout the United States, is proud to announce it has been ranked as one of the Phoenix Business Journal’s Best Places to Work in 2020 for the large size company category (250-999 employees).

The winners were revealed during the Phoenix Business Journal’s virtual celebratory event hosted on December 8th where over 100 companies of varying sizes were honored. With a ranking based exclusively on the results of an employee satisfaction survey, AAM earned a spot on the list for a thirteenth year.

Headquartered in Tempe, AAM is home to 528 local employees and over 700 nationwide. Consistently earning a spot on the Best Places to Work list, AAM recognizes it is especially meaningful this year given the current climate and is focused more than ever on keeping employees’ health and well-being at the forefront.

“Faced with a common set of challenges brought forth in 2020, AAM came together in the true spirit of collaboration,” said Lydia Elie, Senior VP of Human Resources. “With so many changes happening so quickly, we were able to adapt to the work-from-home environment and other safety protocols successfully. Although we may currently work more at a physical distance, our positive culture remains strong, and we continue to operate under one of our core fundamentals, ‘always remember that we are family.'”

“Being ranked now for the thirteenth year is an incredible accomplishment and a true testament to our commitment to creating the best work environment possible for each of our employees,” stated Amanda Shaw, President of AAM. “This honor is even more rewarding in 2020, given that we are all doing the best we can to continue to navigate through and to thrive during these uncertain and unprecedented times. We know things have been challenging, both personally and professionally, and we are beyond grateful that our AAM Team has learned to adapt and still cultivate a culture we can all be proud of that is unique to our company.”

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To see AAM’s online Press Release, click here.