Financial Services
RedBrick offers complete financial management with all management plans. We create monthly custom reports to the Board of Directors, carefully designed to give you a full picture of your association’s financial condition and capabilities.
We keep accurate and complete records for all the association and resident accounts. The residents can easily pay their assessments online or in person at no cost to the association! Check out these financial features:
We keep accurate and complete records for all the association and resident accounts. The residents can easily pay their assessments online or in person at no cost to the association! Check out these financial features:
- High Level of Transparency (check image below - you can search, view and approve all invoices in one system)
- Monthly financial report preparation
- Assessment collection
- Payment of all association utilities/bills
- Establish and maintain bank accounts
- Board members can audit any time
- Any day, any time updates available online
- Annual budget creation and preparation
- Assistance with filing of tax return
- Association savings/reserves investment
We never charge any additional fees for our financial services unlike many property management companies.
Goverance
RedBrick will become familiar with all your association's governing documents (Federal and State laws, Declaration and Bylaws, and any Rules and Regulations) and will assist the Board with their application and enforcement.
It is now the law in Illinois that managers of Common Interest Associations be licensed. We take our education seriously by attending classes and seminars on a regular basis to ensure we know the latest information regarding Association Management.
We take every step to ensure your association runs smoothly, including:
It is now the law in Illinois that managers of Common Interest Associations be licensed. We take our education seriously by attending classes and seminars on a regular basis to ensure we know the latest information regarding Association Management.
We take every step to ensure your association runs smoothly, including:
- Completing all day-to-day operations
- Returning all calls the day they are received
- Attending to a 24/7 emergency line
- Procuring the proper insurance
- Filing annual reports
- Preparing Board Packets before each meeting
- Creating the meeting Agenda
- Attending all meetings
- Enforcing community rules
- Organizing storage of all association documents
- Weekly or bi-weekly site visits Monthly management reports
- Procuring proper insurance
- Reviewing and bidding out any contracts
- Reviewing and enforcing of all governing docs
- Assisting with filing of Annual Report
- Attending at all homeowner meetings
- Assisting with approving architectural changes
- And much more...
Maintenance
RedBrick believes a through and documented maintenance plan using our three-tiered approach will not only keep the residents happy but will enhance its value as well.
We set up a one-year plan based on your budget, a 3-5 year plan for short term goals and a long term plan based on a reserve study.
We also contract and monitor your maintenance vendors to confirm their time is productive.
In addition, our management software tracks all work orders by type, unit, date, etc... so we can show what work has been completed as well as maintenance history which can save the associations money down the road.
Check out what our maintenance provides:
We set up a one-year plan based on your budget, a 3-5 year plan for short term goals and a long term plan based on a reserve study.
We also contract and monitor your maintenance vendors to confirm their time is productive.
In addition, our management software tracks all work orders by type, unit, date, etc... so we can show what work has been completed as well as maintenance history which can save the associations money down the road.
Check out what our maintenance provides:
- Creation of a maintenance calendar
- Implementation of a three to five year plan
- Use/Creation of a thirty year plan/ reserve study
- Oversight of onsite maintenance personnel
- Oversight of all contractors/ vendors
- Building CPR program
- Green thinking and ideas
RedBrick’s management plan is all inclusive. We do our best to include all fees on one monthly management fee. You will not see any hidden costs or extra charges that are not fully disclosed.
RedBrick’s management plan is all inclusive. We do our best to include all fees on one monthly management fee. You will not see any hidden costs or extra charges that are not fully disclosed.