Interest rates can affect how community associations manage operating and reserve funds. When rates shift, boards may want to review whether current account options still support the association’s financial needs, especially since rates and terms can vary by financial institution and product. Rate changes can influence more than potential earnings. They can also affect decisions...
At the heart of every community association is a board of directors, made up of elected volunteers who dedicate their time and effort to making thoughtful decisions and rules for the betterment of the community. Guided by their fiduciary responsibilities, the choices made by these volunteer members help shape residents’ quality of life and protect...
As a service-focused organization, Sentry Management’s most important asset is its people — and with over 1,000 employees, Sentry understands that life is unpredictable and some employees and their families may find themselves in less-than-ideal circumstances. This is why Sentry provides employees with resources like the Employee Hardship Fund in times of need. The Employee...
Accurate and up-to-date records are essential for proper communication within homeowner’s associations. The start of the year offers an excellent check-in point for associations to take note of changes to ensure all vendor, resident, and board member records are up to date. By starting the year with organized and accurate information, the board can be...
The COVID-19 pandemic has proven to be a challenging time for our country and the communities we all call home. Over the last two months, our normal has completely changed. The Boards and the communities they oversee is no exception. Our team at Sentry Management is working to provide information and support along the way...
We are living in unusual times. Schools are out, most stores closed, and many are working from home due to the coronavirus pandemic. But in association after association, we are seeing that imposed separation is bringing people closer together. Random acts of neighborly kindness are plentiful in both communities managed by Sentry and across the...
To provide safeguards against the transmission of the coronavirus for board members and residents, Sentry Management suggests conducting association meetings online, in place of in-person meetings. Sentry Management offers online meeting solutions coordinated by Community Managers to hold board meetings virtually. This provides a way for people to hold a professional and productive meeting, all...
Halloween season is upon us, which means spooky nights, pumpkin-flavored “everything”, costumes, and candy galore! Here are a few ways to keep our communities safe during this fun time of year. Tips for Preparing your Association for Halloween The National Safety Council’s (NSC) research reveals that on average, Halloween night reports over 3,000 pedestrian and...
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