Location Change for October Board Training
October Session – New Location: Tuesday, October 15th at 6 p.m. – “Financial Fundamentals and Simplifying Insurance” Wells Fargo Plaza, 2nd Floor Training Room at 7900 Xerxes Avenue, Bloomington, MN 55431 The location for the October 15, 2019 Board training session will be held Wells Fargo Plaza, 2nd Floor Training Room at 7900 Xerxes Avenue, […]
Board Tips: Three Pitfalls to Excessive and Unproductive Meetings
We live in a culture of meetings – and unfortunately there is an epidemic of unproductive and unnecessary meetings. Just Google “make meetings more effective” and you are sure to pull up a plethora of Harvard Business School studies and countless Wall Street Journal op-ed pieces. Association Boards are certainly guilty of meetings that are […]
So, What Goes in Meeting Minutes, Anyways?
Ok… time to elect Officers! Who wants to be Secretary???……Anyone?……Hello?…. No one wants to be Secretary because most people find the role of taking Meeting Minutes to be a daunting task. If you refocus your view of what Minutes are supposed to be, however, it really isn’t a tall task at all. Minutes should document […]
Sharper Offers Board Training Opportunities
Sharper Management will present two free Board training opportunities in the coming months. Both sessions will be held at the Bell Plaza office building in Bloomington, MN (3800 American Blvd W). All Board members from community associations managed by Sharper are welcome to attend. Coming January 2020 – “Board Basics: An Orientation for Board Members” This […]
Copper Ridge Townhome Association in Chaska Joins the Sharper Family
The Copper Ridge Townhome Association in Chaska has recently joined the growing family of Sharper Management clients. A locally owned, mid-sized property management company located in Eden Prairie, MN, Sharper Management’s exceptional financial software and reporting capabilities coupled with their experienced managers made Sharper the clear choice for Copper Ridge. “We look forward to adding […]
Don’t Break Your Own Rules in Rule Enforcement
Spring is here and that means Community Managers and Board members will be active in walk-arounds/site inspections while hoping to whip the association back in to shape after a long winter’s nap. Rule violations are always a focus in these efforts. Melted snow un-earths pet damage to turf; holiday lights still adorn balconies; neglected exterior […]
A Lesson in the Business Judgement Rule
There are two key legal terms that are often times thrown around but seldom understood in regard to serving on the Board of Directors: responsibilities and protections. As to the former (responsibilities), it is important to understand the concept of Fiduciary Duty. In short and very simplistically, it is the premise that Board members are […]
Signs It is Time to Update Governing Documents
Perhaps the most important tool you have as a Board member to help in your governing responsibilities and decision-making process is the association’s set of governing documents. It is the foundation for every decision you make and the playbook for how those decisions will be executed into action. Like everything else in the association, however, […]
Year-End Requirements for Associations
Did you know that associations, as a registered non-profit corporation, are required to file Federal and State taxes? It is also important to be aware of any requirements of your governing docs for an annual financial review or audit. If you are governed under MCIOA (Minnesota Common Interest Ownership Act,which effects all condominium associations and […]
Sharper Offers Board Training Session – January 15th
Sharper Management will present a free Board training seminar on Tuesday, January 15, 6 p.m. at the Bell Plaza office building in Bloomington (3800 American Blvd W). All Board members from community associations managed by Sharper are welcome to attend. “Board Basics: An Orientation for Board Members” will be led by Sharper’s two directors of […]