Boards of Directors understand the importance of separating administrative functions from financial functions, therefore allocating the right resources and funds for the association. One of the benefits of working with Menas Realty Company (MRC) is our experience with the local financial industry and our accessibility for our HOA Board of Directors to make easy decisions when needed.
Our Financial Services provide the Board the following:
- Monthly Statements in PDF format
- Annual Draft Budget (Once finalized and approved by the Board, MRC sends it out to the Board members with all the required disclosures)
- Accounts Payables
- Accounts Receivables
- Delinquency Tracking
- Escrow Services
MRC also provides the Board a monthly spreadsheet with all the local FDIC Banks and their various rates and term options for easy decision making.