HOA Management in Lombard
Association Management Services in Lombard
HOAs and condo associations are responsible for maintaining neighborhood order and protecting shared spaces. They also handle budgets and enforce rules.
For volunteer boards, managing these duties can be challenging on their own. Professional management ensures compliance, financial stability, and operational success for Lombard associations.
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Located in DuPage County, Lombard is home to nearly 45,000 residents. Referred to as the “Lilac Village,” the suburb celebrates a Lilac Festival every year and is known for its charming neighborhoods. Lombard offers residents suburban comfort with easy access to Chicago’s urban amenities.
The community has a thriving downtown, abundant parks, and excellent schools. Residents enjoy a balance of small-town appeal and big-city convenience.
Notable attractions include Lilacia Park, Yorktown Center, Paradise Bay Water Park, and the Lombard Historical Society museums.
Management Options for all types of communities
Full-Service Management
We provide the tools and support necessary to maintain a thriving community. Services include:
- Financial Management. Preserving association funds with precise reporting and responsible oversight.
- Violations Enforcement. Promoting compliance with association rules to keep standards high.
- Communication and Online Access. Providing portals and notices to keep residents up-to-date and informed.
- Board Support. Helping volunteer leaders by providing expert insights and administrative support.
- Legal Assistance. Assisting boards with legal issues for compliance and confidence.
HOA Financial Management
Financial stability is integral to the long-term success of associations. Our services include:
- Budget Planning. Preparing accurate budgets that ensure associations are ready for everyday and future needs.
- Financial Reporting. Generating monthly and annual reports that keep boards in the know.
- Dues Collection. Collecting homeowner fees to ensure a stable cash flow.
- Invoice Processing. Managing vendor invoices and ensuring timely payment.
- Reserve Planning. Arming associations with expert forecasting to cover long-term repairs and replacements.
Project Management
Community projects require detailed coordination and monitoring. Our professional services include:
- Vendor Management. Finding and overseeing contractors for quality and dependability.
- Inspections. Scheduling and completing regular inspections to ensure safety and compliance.
- Scheduling. Coordinating timelines to minimize interruptions for residents.
- Bidding and Contracts. Handling bids and negotiating contracts on behalf of the community.
- Work Order Tracking. Tracking progress from conception to completion.
- Capital Improvements. Overseeing large projects to ensure deliverables are met on time and within budget.
Co-op Management
Co-ops rely on careful planning and oversight. Our services include.
- Financial Management. Protecting your community’s assets with transparency.
- Shareholder Compliance and Rule Enforcement. Making sure policies are applied fairly.
- Maintenance and Vendor Management. Coordinating with vendors to maintain safe operations.
- Communication and Online Access. Giving residents and boards easy ways to connect.
- Board Support. Offering dependable help for board duties.
- Legal and Regulatory Assistance. Ensuring the co-op stays compliant with all requirements.
Testimonials
An Expert Lombard HOA Management Company
First Community Management has countless years of experience assisting associations across Chicagoland to thrive. Our management professionals offer hands-on support, financial expertise, and project oversight customized to each community’s needs.