phone: (310) 477-3633
fax: (310) 477-7725

1627 Pontius Ave #203
Los Angeles, CA 90025

Are you are worn out trying to manage the property on your own? Are you tired of hiring a new site manager or having to look for a new management company every time something goes very wrong with the way your COA/HOA property is managed? Are your financial reports accurate and timely? We have been providing condominium financial management expertise to small, medium, and very large communities for over 26 years now. We provide accurate reporting, excellent financial problem solving skills, and an attention to detail that few others can match. Call us now or request a quote by email

Pay Your HOA Assessment Automatically! Download this fill-in pdf form authorizing Union Bank to automatically debit your bank account to pay your monthly assessments. Please complete the form , then print and mail it with a void check to the address listed on the form. Forms received by the 10th of the month will be debited the following month about the 8th of each month. (click here to download the form)

 Formulate collection policy for HOA.
 Follow up on collection policy including coordination with lien and foreclosure company (at no expense to the Association) to initiate a pre lien letter and/or initiation of a small claims action for the Homeowners Association (additional fee applies).
 Monthly laser printed statements with return envelope.
 Remittance to secure bank lockbox with assessment payments deposited directly to HOA checking account.

Monthly laser generated reports for each Homeowners Association include:

 balance sheet
 profit and loss report-monthly and year  date (actual Vs budgeted)
 delinquency report
 bank reconciliation
 status report of collection accounts.

 Notices of annual meeting or any special meeting are prepared with a proxy and mailed to all owners (special mailing charges apply).
 Attend annual meeting and assist as needed

 Detail proposed budget for board review (excel format).
 Coordination of reserve study update.
 Meet with the board of directors to review the proposed budget or e-mail the budget to board member(s).
 Preparation and mailing of final budget package with mandatory disclosures included.

 Competitive premium quotes obtained on renewal of master insurance policy and earthquake policy to ensure competitive rates given the proper limits and types of coverage.
 Review of current policy limits by existing agent annually to ensure Association has proper coverages.

The Mission of Mink Condominium Management & Consulting is to provide guidance to Homeowners' Associations in the following areas: budgeting for operating expenses accurate monthly financial reporting collection of current and past due assessments compliance with State and Federal laws safeguarding of cash through implementation of proper internal controls 26 Years of Dedicated Professional Service

 Accounts payable , bimonthly DE-542 and year end 1099 preparation.
 Laser generated checks mailed to board members for signature. Management does not sign checks. Special rush checks are processed the same or next day at no extra charge.
 Coding of all invoices in accordance with the Homeowners Association chart of accounts.
 Prepare form DE-542 (Report of Independent Contractors) mid month and at the end of each month and fax completed form(s) to the Employment Development Department to comply with the time requirement that the form be submitted within 20 days of payment.
 Year end 1099 preparation provided (additional fee applies).

 Same or next day processing of all escrow paperwork for sales or refinance of individual units to ensure HOA receives all monies owing at closing including delinquent monthly assessments, special assessments, transfer fees, move in fees etc.
 Prompt completion of lender quest-ionnaires for owners refinancing.

 Preparation of exemption application - form 3500
 Year end 1099, and 1096 reporting for independent contractors
 Federal and state tax returns (forms 1120, 1120h, and 100)
 State of California Exempt Organization Annual Information Return (form 199)

 Laundry room bidding and contract negotiation upon expiration of lease to maximize improvement monies awarded the Homeowners Association on renewal.
 Complimentary survey of common area lighting with fixture conversion costs and cost/benefit analysis to determine break even period for proposed expenditure.
 Utility audits arranged.