NEW! Live Webinars

Reserve Study: How to Determine the Best Reserve  Funding Plan for Your Association​

Wednesday, December 16, 2020, 2–​3 p.m. ET

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Reserve specialists present different viewpoints on where to draw the line between a conservative reserve funding plan that protects homeowners from surprises and special assessments, and a more aggressive plan designed to offer significantly lower reserve contributions. How can t​he board decide, which plan is the best strategy for their association? Where is adequacy, safety, and fiscal responsibility found? Learn your decision points and where the limits of safety and conservativism lie, all articulated and illustrated with National Reserve Study Standard principles.

National presenters:

Robert Nordlund, RS, is a licensed professional engineer. He is the founder and CEO of Association Reserves. Since 1986, his company has performed more than 56,000 reserve studies for properties in all 50 states and 12 foreign countries.

Nordlund is currently a member of the Foundation for Community Association Research's Critical Issues Think Tank and a member of their task force on aging infrastructures. He serves on the Community Associations Institute Business Partners Council and is a two-time recipient of the CAI Excellence in Designations award for his work drafting and later updating National Reserve Study Standards. He was instrumental in establishing the Reserve Specialist (RS) designation and was one of the first to earn the credential. Nordlund is also the founding president of the Association of Professional Reserve Analysts and a past president of the CAI Los Angeles Chapter.

Mitchell H. Frumkin, RS, is founder and president of Kipcon Inc., a full-service engineering firm, which provides engineering and design services across a full range of disciplines, specializing in community associations. He is a licensed professional engineer in multiple states.

Past chairman of CAI's National Reserve Professionals Committee, Frumkin was editor and contributing author of the Guide for Association Practitioners (GAP) report, Reserve Funds: How and Why Community Associations Invest Assets. During his time as chair, this committee developed the National Reserve Study Standards of the Community Associations Institute, as well as the Reserve Specialist designation. In 1998, he was awarded the National Presidents Award for these efforts. In 2019 he co-chaired the national task force to update these standards, as well as the best practices paper on reserves. He recently received the 2019 CAI Excellence in Designations award for his efforts.​

Clifford J. Treese, CIRMS, is a nationally recognized leader in common interest community underwriting, risk management, and insurance, and he has substantial experience in all phases of community association management and development. He is past president of Community Associations Institute (CAI) and the Foundation for Community Association Research. He is a recipient of CAI’s Distinguished Service Award and he has over three decades of involvement in the Institute’s professional management development programs, as well as community association risk management and insurance programs. Cliff has authored several CAI and Foundation publications, most recently the Community Association Fact Book. He is a graduate of Stanford University. Also, he maintains a close watch over the activities of Fannie Mae, Freddie Mac, and FHA on various community association

On-Demand Webinars​​​​​

>>An Ounce of Prevention: How to Prepare Your Association for the Rise in Fair Housing and COVID-19 Liability Claims

>>Reserve Funding Challenges: A Collective Case Study

>>Managing a Remote Workforce for Maximum Performance

>>Breaking Point: Examining Aging Infrastructure in Community Associations

>>Assistance Animals and Your Community: What HUD’s New Guidance Means for Your Association