F.A.Q.'s
FREQUENTLY ASKED QUESTIONS
ABOUT GOLD COAST ENTERPRISES
- Year Company was Established
1978 in Orange, California
- List professional Affiliations
California Association of Community Managers, Inc. (CACM)
Community Association Institute (CAI)
City of Orange Chamber of Commerce
- Employee Training
Every manager is involved in CACM and CAI training courses and continuing education.
It is noted the company pays for educational costs. In addition, managers regularly
attend industry seminars and conferences to gain additional information. Senior
Community Managers have reached State approved status of Certified Community
Association Manager (CCAM) or Association Management Specialist (AMS).
- Workload per Manager
Depending on the size of the Association 2-8 Associations per manager. It is
noted that management teams are used. A Customer Support person is assigned to
every account.
- Roll of Management
We use a three-fold approach to property management. The Project Manager
attends the Board meeting, is responsible for the preparation and delivery of
Board packets, prepares and oversees all information necessary for Board decisions,
serves as the Board advisor and consultant, interacts with legal representative
in collection procedures, monitors the services of the Grounds Supervisor and
the Customer Service Representative and produces specifications and requests
for proposals. The Grounds Supervisor assists in specifications preparations
and maintenance scheduling, assists in supervisory activities of vendors and
subcontractors, maintains a schedule of site inspections and coordinates with
committee walk-through, makes recommendations on preventative maintenance procedures
and equipment repair schedules and monitors special projects as directed.
The Customer Service Representative communicates with the Association resident
to assist them with Maintenance requests, provides response to residents regarding
matters affecting their association, distributes association services items and
assists the Project Manager.
- Board Member Training
We offer personal training sessions in our office to inform Board members as
to their duties and responsibilities. The biggest response we received is from
the treasurer. They can meet with our Accountant and CPA to review the reading
of financials. Gold Coast Enterprises has an open door to all residents and especially
Board Members.
- Frequency of On-Site Visits
As stated earlier, both a Grounds Supervisor and the Property Manager both conduct
walkthroughs. The Grounds Supervisor meets with each of the vendors on a regular
basis. The Property Manager also regularly walks the project on a routine basis.
His emphasis would be on individual homeowners concerns and the overall ambience
of the community.
- Vendor Invoice Management
Vendor invoices are received in the office and are immediately sent to the Payable
Department. The invoices are stamped as to the date of arrival, and stamped for
approval/disapproval at the next stage. These invoices are then sent to the Property
Manager. The Manager must initial approval on all invoices which are then sent
back to the Payable Department for check issuance. The checks are computer produced
and prepared for signing with invoice attached. Checks are prepared on a weekly
basis.
- Emergency Requests
If the emergency is after hours, the same office number is dialed and an answering
service will answer. Someone is on call, 24 hours, including weekends and holidays,
with a list of vendors, etc, for your Association and will monitor the emergency.
- Bilingual Services
Hispanic language personnel are available
- Insurance coverage for Gold Coast Enterprises
Gold Coast Enterprises maintains the following coverage:
Personal Liability - $2,000,000, Property Damage $250,000, Fidelity $125,000
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