We’ll lean on the expertise of Keough & Moody partner Dawn Moody, Westward360 Executive Vice President Eric Staszczak, and Westward360 General Manager and CAI-Illinois Board President Carrie Surratt to guide you through the pitfalls and how you can be most successful in your capacity as a board member or community leader.
Managing a homeowners association or community association involves numerous responsibilities, but perhaps none are as crucial—or as challenging—as developing a sound annual budget. In Illinois, where community associations are governed by specific laws like the Illinois Condominium Property Act and the Common Interest Community Association Act, creating a compliant and realistic budget is essential to ensuring the financial health and long-term sustainability of the community. Here are some best practices to guide Illinois associations through the budgeting process effectively.
Please join Westward360 to review the budget drafting and adoption process as you move through budget season, along with best practices for getting your budget adopted on time and ahead of the busy holiday season. In this one-hour session, we will review:
Homeowners Associations (HOAs) and Condominium Associations (COAs) frequently face budgeting challenges that can have long-term consequences if not addressed properly. Here are the biggest budgeting mistakes HOAs & COAs commonly make when planning for their next fiscal year:
We have the pleasure of welcoming Dawn Moody, partner at Keough & Moody, to Westward360’s latest edition of its Board Education Program.
In this installment, Dawn will be guiding board members through modernizing its communication and election processes, including:
As you head into the back half of the year and begin planning for your annual meeting and next election, you’ll be able to apply the knowledge gained during this session to make your year end less stressful and more efficient!
Please join us for an insightful hour with Wintrust Community Advantage Senior Vice President Frankie Sorrentino to review:
Join us for a practical, easy-to-understand overview of what’s changed in the electricity and natural gas markets so far in 2025—plus how the new administration’s early actions are (or aren’t) impacting energy production, pricing, and future trends.
We’ll also share helpful best practices for purchasing and budgeting utilities specific to associations, so you can make informed, cost-effective decisions moving forward.
Topics will include:
Whether you’re an owner, board member, or manager, this session will help you navigate 2025’s energy landscape with more confidence.
Please join Westward360 and Yellowstone Landscaping as they review for board members, landscaping committees, and managers the best practices around prepping for your landscaping season. During the the hour, we will review:
As we move into budget season, we also find ourselves facing the new reporting requirements under the Corporate Transparency Act (CTA). The CTA does apply to community associations based on their corporate tax status. Westward360, along with Community Association Institute, is monitoring the CTA’s status for any possible future changes. However, at this time, we do need to ensure that all you comply with the reporting requirements.
