Improper reserve funding has a direct impact on an association’s ability to protect, maintain, and enhance community assets. When community associations fail to establish adequate reserve funds or rely on inaccurate useful life and cost information for planning purposes, significant increases in reserve contributions or additional assessments to cover the cost of near-term critical projects may be required. Unfortunately, these scenarios are all too common throughout the community association industry. This presentation will highlight the key findings and results of several recent reserve studies. Learn more about common reserve funding issues that could be avoidable with proper planning.

Andrew Stoutenburg

Andrew obtained his Bachelor of Science in Civil Engineering from the University of Central Florida in 2010. In 2015 he received his Reserve Specialist designation from CAI as well as his Professional Engineer license in the State of Florida. Andrew is also a licensed Professional Engineer in the State of Texas and Arizona.

Since joining Reserve Advisors in 2013, Andrew has worked with community association managers and board members across 15 states and the District of Columbia to prepare more than 450 comprehensive reserve studies, which serve as a key part of their associations’ long-term planning process. Andrew handles every aspect of the Reserve Study process, from conducting the inspection to creating the report, as well as handling all post-study client services. In 2017 he was promoted to Regional Executive Director and became a Shareholder. In addition to conducting reserve studies, he leads a team of eight engineers and sales staff in implementing corporate objectives related to business development, client services and regional operations.

Andrew is a frequent speaker and presenter at trade shows, seminars and workshops, providing industry leading expertise to managers and their boards. He regularly conducts continuing education courses for management companies throughout the Southwest.

Continuing Education Credit

This program provides one credit per hour toward:

• Certified Manager of Community Associations recertification
• Association Management Specialist redesignation
• Professional Community Association Manager redesignation

To earn credit, you must be personally registered for this program and print the certificate of completion to document your participation.

Registration Information

All registrants will have full access to this on-demand, online recording for 120 days.

Manager Certifications and Designations

Certified Manager of Community Associations (CMCA^®) / Association Management Specialist (AMS^®) / Professional Community Association Manager (PCAM^®) / Large-Scale Manager (LMS^®)

Management Company Designation

Accredited Association Management Company (AAMC^®)

Service Provider Designations and Distinctions

Reserve Specialist (RS^®) / Community Insurance and Risk Management Specialist (CIRMS^®) / Educated Business Partner