Spend more time doing what you do best—making your community better.
Profit Matters serves self-managed homeowners associations (HOAs), self-managed condo associations, property management companies, condos and HOAs under management, housing cooperatives, and HOAs going through bankruptcy.
At Profit Matters we understand that being part of an HOA board comes with an immense financial obligation to your local community. HOA financial accounting is one of the least understood aspects of the board member role. If improperly prepared, inaccurate financial reports could be construed as negligence by the board member or other HOA employees, or even as suspicious, illegal, or dishonest activities by the volunteers.
Profit Matters has designed an affordable program for HOAs to ensure that their financials are kept accurate and up-to-date at all times. Having an independent party maintain your books means there is a higher comfort in knowing where your money is being spent and there is honest maintenance of financial records. We understand that record keeping for an HOA can get boring, and that sometimes having a fresh eye to analyze these reports can help avoid bankruptcy. We achieve this by using a combination of our financial expertise and the latest technology to enable complete transparency and accuracy. We provide HOAs peace of mind knowing they have a dependable partner supporting them. We typically use Quickbooks Pro or Quickbooks Online to support HOA accounting.