A co-op in Queens, NY, found itself in a predicament due to lack of transparency in its management company's finances, but a digital solution was implemented to create an online spreadsheet that lists all of the co-op's expenses and provides access to the board to view invoices and receipts. (Print: The Dangers of Being Kept In the Dark)
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ArticleTopicsColumn TypeIssue
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Digital Spreadsheet System Provides Transparency and Control to Building's Finances
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Caught in the Crosshairs
The Corporate Transparency Act (CTA) requires filing ownership information for U.S. businesses, including co-op boards, with various considerations and complications.
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New Rules on Wage Transparency
Make salaries clear when hiring — or face stiff fines.
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Blink and There Will Be a New Law
Nearly 50 bills are sitting in Albany that could change board operations.
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A Decade of Bad Blood
The high cost – financial and emotional – of a protracted legal war.
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Transparency
You’re doing transparency wrong. Or are you?
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Alexander Wolf & Company: The Transition
Just like parenting, boards have to maintain a united front.
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Going Over the Cliff
Some boards are hesitant about revealing their inner workings to Habitat and the outside world. Not this one.
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The Conflict Waiver
Your professionals are supposed to recommend vendors – so why are boards getting spooked?
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