- Almost 2 million volunteers serve on community association boards, with tens of thousands more serving as committee members.
- There are at least 314,000 community association annual meetings every year, at least 2.5 million association board meetings and an estimated one million association committee meetings a year.
- Combined, the estimated value of these community association governance services is about $450 million. According to one estimate, about 26 percent of the eligible U.S. Population volunteers at some point during a year; community association leaders volunteer continuously during a year-a large percentage of them for many years.
- In 2011, association boards supervised the collection of close to $40 billion in annual assessments and maintained investment accounts of more than $35 billion for the long-term maintenance and replacement of commonly held property.
The Management Group
Property and HOA Management in Vancouver WA and Portland OR
http://www.TMGnorthwest.com
Property and HOA Management in Vancouver WA and Portland OR
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