Reserve specialists present different viewpoints on where to draw the line between a conservative reserve funding plan that protects homeowners from surprises and special assessments, and a more aggressive plan designed to offer significantly lower reserve contributions. How can the board decide, which plan is the best strategy for their association? Where is adequacy, safety, and fiscal responsibility found? Learn your decision points and where the limits of safety and conservativism lie, all articulated and illustrated with National Reserve Study Standard principles.
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Non-Members: USD $99.00 (Join CAI and Save!)
Reserve specialists present different viewpoints on where to draw the line between a conservative reserve funding plan that protects homeowners from surprises and special assessments, and a more aggressive plan designed to offer significantly lower reserve contributions. How can the board decide, which plan is the best strategy for their association? Where is adequacy, safety, and fiscal responsibility found? Learn your decision points and where the limits of safety and conservativism lie, all articulated and illustrated with National Reserve Study Standard principles.
Robert
Nordlund, RS
Nordlund was introduced to the community association industry in 1984 while serving as the President of his own HOA. He has been an industry influencer on a local and national level for over 30 years. Nordlund is currently a member of the Critical Issues “Think Tank” of the Foundation for Community Association Research (FCAR) and a member of their task force on Aging Infrastructures. He also serves on the Community Associations Institute (CAI) Business Partners Council and is a two-time recipient of CAI’s “Excellence in Designations” for his work drafting and later updating National Reserve Study Standards. Nordlund was instrumental in establishing the Reserve Specialist (RS) designation and is one of the first to receive the credential. He is notable for hosting the popular “Reserve Study News” webinar series, which he created in 2011. Nordlund is also the founding President of the Association of Professional Reserve Analysts (APRA) and past President of the CAI Los Angeles Chapter.
Mitchell Frumkin, RS
Mitchell H. Frumkin is founder and president of Kipcon Inc., a full-service engineering firm which provides engineering and design services across a full range of disciplines, specializing in community associations. With a Bachelor of Science Degree in Civil Engineering from Tulane University and a master’s degree in Business Administration from Rutgers University, Mr. Frumkin is a licensed Professional Engineer in multiple states and holds the Community Associations Institute’s Reserve Specialist designation.
Past chairman of CAI’s National Reserve Professionals Committee, Mr. Frumkin is editor and contributing author of the Guide for Association Practitioners (GAP) report, Reserve Funds: How and Why Community Associations Invest Assets. During his time as the chair, this committee developed the “National Reserve Study Standards of the Community Associations Institute” as well as the “Reserve Specialist” designation. In 1998, he was awarded the National Presidents Award for these efforts.In 2019
he co-chaired the national task force to update these standards as well as to update the Best Practices paper on Reserves. He was recently awarded the 2019 Award in Excellence in Designations by CAI for his efforts.
Clifford J. Treese, CIRMS,
Clifford J. Treese is a nationally recognized leader in common interest community underwriting, risk management, and insurance, and he has substantial experience in all phases of community association management and development. He is past president of Community Associations Institute (CAI) and the Foundation for Community Association Research. He is a recipient of CAI’s Distinguished Service Award and he has over three decades of involvement in the Institute’s professional management development programs, as well as community association risk management and insurance programs. Cliff has authored several CAI and Foundation publications, most recently the Community Association Fact Book. He is a graduate of Stanford University. Also, he maintains a close watch over the activities of Fannie Mae, Freddie Mac, and FHA on various community association
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
