Creating Useful Budgets

Presented by KS Management – Michigan’s Leader in Association Education At KS Management, we provide more than association management—we deliver board education and training that elevates entire communities. Whether you're a President, Treasurer, Secretary, Member-at-Large, or Community Association Manager, this training is designed to empower you with the skills and strategies to lead effectively. What You’ll Learn in This Board Member Training Video Board President Training How to lead your HOA or Condo Association with strategic vision and clarity Meeting facilitation, board collaboration, and leadership responsibilities Treasurer Training for HOAs and Condo Boards Budgeting, financial reporting, reserve studies, and fiduciary duty How to improve financial transparency and ensure long-term sustainability Secretary Training for Board Members Best practices for minute-taking, document organization, and legal recordkeeping Enhancing board communication and maintaining compliance Member-at-Large Training Understanding your support role and how to contribute across all board functions Involvement in committees, special projects, and strategic input Community Association Manager Training Clarifying the manager’s role in governance, operations, and vendor oversight Building trust and productive relationships with board members Governance and Conflict Resolution Strategies to manage conflict, enforce policies, and run effective meetings Legal compliance, ethical decision-making, and unified board actions Community Engagement and Communication Encouraging resident participation and fostering a sense of pride Building a strong, connected neighborhood culture Why Choose KS Management KS Management manages over 11,000 homes and is widely recognized for raising the standard of board education in Michigan. We collaborate with CAI (Community Associations Institute) and top industry professionals to deliver relevant, practical leadership training to HOA and Condo board members across the state. If you're a current or future board member seeking clarity, confidence, and community impact—this is your go-to resource. Subscribe for more HOA and Condo board education. Like the video if you found it helpful. Comment below to request a future topic or training. Tags HOA Board Training, Condo Board Training, HOA President Duties, HOA Treasurer Responsibilities, HOA Secretary Role, Member at Large Training, Community Association Manager Education, HOA Governance, Board Conflict Resolution, HOA Communication Strategies, Michigan HOA Education, KS Management, CAI Michigan, HOA Best Practices, Board Member Training Video

Welcome to the recorded session of our Vantaca Portal Training Seminar, hosted by KS Management. In this seminar, Lee Powers, COO of KS Management, and Carlos Osori, KS Vantaca Expert, provide an in-depth walkthrough of our community portal. This training covers everything board members need to know to confidently navigate the system, including: Accessing and reviewing financial reports and invoices Submitting and tracking work orders Locating important documents like meeting minutes and records Tips for improving communication with residents through the portal Whether you’re new to the board or looking for a refresher, this session offers practical tools to streamline your role and make managing your community easier. For more resources and upcoming seminar dates, visit KS Management’s website.

Presented by KS Management in partnership with First Citizens Bank Fraud is a rising threat in the world of HOA and Condo Associations. From unauthorized homeowner payments to deceptive vendor transactions, unchecked fraud can destabilize an association's financial future. This educational seminar is designed to help board members and community managers recognize red flags, implement fraud prevention systems, and use technology to secure their reserves. What You'll Learn in This HOA and Condo Fraud Prevention Training Types of Fraud in Community Associations Common schemes targeting HOAs and Condo Associations How fraud impacts homeowner dues, reserve funds, and vendor contracts Fraud Prevention Strategies for Board Members and Managers How to create financial checks and balances Steps to ensure secure homeowner payment processes How to safeguard vendor selection and payment Technology Tools That Enhance Financial Security Using software to detect irregularities and automate tracking How to implement secure online systems for payments and accounting Best Practices to Protect Association Reserves How to work with your bank and management company to increase oversight Internal controls, audits, and governance policies that reduce risk Who Should Watch This Video Board Presidents, Treasurers, Secretaries, Members-at-Large Community Association Managers Anyone responsible for financial decisions or operational oversight in an HOA or Condo Association About the Presenter – Nicole Skaro, EBP, CMCA Nicole brings 18 years of experience in the Community Association industry, with deep knowledge of capital improvements, financial oversight, and banking solutions for associations. Formerly with an engineering and reserve study firm, she now works exclusively in financial services, guiding boards and managers on protecting reserves and navigating complex financial decisions. KS Management proudly partners with First Citizens Bank to bring industry expertise directly to the boardroom. Our mission is to support communities with education that builds stronger, safer, and more financially sound associations. Subscribe for more HOA and Condo training. Like this video if it helped clarify your board's role in financial protection. Comment with fraud-related questions or future training topics you’d like to see. Tags HOA Fraud, Condo Association Fraud, HOA Board Training, Fraud Prevention for HOAs, Reserve Fund Protection, HOA Treasurer Responsibilities, HOA Financial Training, Association Governance, Community Association Banking, Secure Homeowner Payments, Vendor Payment Fraud, KS Management, First Citizens Bank, Nicole Skaro, HOA Board Member Education

Join us for an essential educational session designed for board members to navigate the implications of Michigan’s recently adopted Public Act 68 of 2024, the “Homeowners’ Energy Policy Act.” This new legislation introduces transformative changes for community associations. What to Expect: Expert Presentation by MAGWV Lawyer: Gain invaluable insights from condo law experts, who will break down the Act’s key provisions and provide actionable steps for your association to ensure compliance. Planning for 2025: Receive tools and strategies to craft a solid execution plan tailored to your community's needs in light of the new law. Q&A Session: Address your most pressing questions with legal and industry experts. Key Topics Covered: Understanding the Homeowners’ Energy Policy Act: How it affects governing documents, shared roofs, common areas, and more. Adopting a Solar Energy Policy Statement: Learn how to craft and implement a compliant policy by the Act’s deadline. Steps for Compliance: Establishing application processes, communicating policies, and addressing maintenance. Legal Protections: When and how associations can deny applications under the Act. This is a critical opportunity to prepare your association for success in 2025 and beyond. Don’t miss the chance to learn and connect with fellow board members and legal experts in a collaborative environment. Guest Expert: Amy Smith from Makower Abbate Guerra Wegner Vollmer PLLC Amy Smith, a distinguished attorney from Makower Abbate Guerra Wegner Vollmer PLLC, will be presenting alongside the KS Management team of expert leaders. With extensive experience in condo law, Amy brings a wealth of knowledge and expertise to the discussion. Her insights into legal matters affecting condominiums are invaluable for property managers, board members, and homeowners alike.

This session will focus on practical strategies and real-life examples of how fostering active resident participation in community projects and decision-making can significantly elevate the association's overall success. We will explore various methods for encouraging collaboration, share inspiring stories of resident-led initiatives, and discuss the positive impact these efforts have on the community. Lee Powers – COO, KS Management Renee Newland – Board Member, 20 Chestnut James Tocco – Attorney, Makower Abbate Guerra Wegner Vollmer PLLC Kathleen Sarullo – Community Operations Manager, KS Management Mike Kearns – Multi-Family Sales Manager, Kearns Brothers Natalie McDonald – Marketing Manager, KS Management

Just got elected to serve on your HOA or condo board, now what? Watch this CAI video to discover the responsibilities of an board member.

Let's celebrate our Community Association Managers! Watch a lively discussion with Vantaca's Director of Community Engagement, Maegan Woytek, as she leads a dynamic panel in a conversation around the transformative evolution of the role of the Community Manager and the different opportunities and challenges in the day-to-day operations. During this webinar session, our panel explores: The transformations in their roles and evolving expectations Their insights into the trajectory of their roles in the coming years Effective strategies for navigating and mitigating burnout Optimizing their hiring practices for enhanced outcomes

Empowering Community Leadership: Board Member Role Training & Bridging Generational Gaps. This comprehensive workshop aims to enhance your understanding of board roles, responsibilities, and the dynamic interaction between technology, communication, and community governance.

In our 'Unlocking Financial Stability' seminar, Henry McKenna from Reserve Advisors will delve into the world of reserve studies, equipping your board members with the skills and insights needed to make informed decisions. This interactive event will cover: The Importance of Reserve Studies: Learn why reserve studies are essential for maintaining property values and ensuring the safety and functionality of shared amenities. Fundamentals of Reserve Planning: Understand the basics of reserve planning, including components, funding models, and legal requirements. Conducting a Comprehensive Reserve Study: Get step-by-step guidance on how to initiate and conduct an effective reserve study tailored to your community's unique needs. Budgeting for the Future: Discover best practices for incorporating reserve study findings into your annual budget, ensuring that your community remains financially stable. Building Community Consensus: Explore strategies for communicating the importance of reserve planning to homeowners and gaining their support.