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I've just become board treasurer for our small coop--and we've never had a treasurer who did anything,ever, so I'm trying to set up some systems for how much reserve we should have, how we'd build a fund for capital improvements, basic financial reports for the board, etc. Is there a good book about coop finance or article that someone can recommend with some basic guidelines? Thanks.
Pgrech said it best. CNYC is one of the finest sources for information n this community. Habitat Magazine is the other. CNYC links from www.habitatmag.com and its own site www.cnyc.coop.
Go for it. You'll be glad...and informed.
Best Wishes,
SJP
Pgrech's advice on the CNYC seminars is the absolute best place for you (and the rest of the Board)
However, if you have any specific questions we are here.
MWolfe: Congratulations! CNYC is your best hope. Mary Ann Rothman is always there to help. November 11 Housing Conference is a must for you so call them and book. There is a lecture for treasurers. Tel#:212-496-7400
Thanks. I'm trying to get more board members to go to that conf as well. + I've got lots and lots of questions, but I'm trying to get some answers from the archives here (which have been very useful) before asking my many other questions. Great board, here.
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Your are in luck. On Nov 11 Council for New York Cooperatives and Condominiums is having their 27th Housing conference. They have many lectures on coop/condo issues and many for treasurers. Go to CNYC.org for more infor.
I apolgize to all if this sounded like a commerical for CNYC, was not my intent. (ok maybe a little, but its all for the cause)
Peter G
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