Winter 2015-2016 Front Page – 2015 CAI-WNY Annual Meeting & Trade Show Is a Record-Breaker

The first CAI-WNY Annual Meeting to be held in the Rochester area far exceeded everyone’s expectations with record attendance! We had 168 participants from various board association members, community association managers and their staff as well as many business partners and service providers to our communities. The event also broke the record for total income and residual profit which will be applied to the presentation of future programs in the Rochester area. There were a record number of exhibitors representing a cross section of community services: banking, insurance, landscapers, irrigation, home remodeling, exterminating, document management, excavation, driveway sealing, door replacement, and heating & cooling. We received glowing reviews on surveys completed at the event. “Location” recorded a 99% excellent score and the remaining 1% indicated […]

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President’s Message

Our members are engaged in CAI-WNY! – Richard K. Aikens, CMCA This will be my final message as president of the CAI-WNY board of directors since my two-year term will conclude on December 31, 2015. President–Elect Jean Kough will serve as our board president for 2016-2017. As I reflect back on these past years in office, I am very pleased with what our board has accomplished, since our primary objective was to increase member involvement in our chapter. This goal was accomplished through the many successful programs we offered in both Rochester and Buffalo, including: How to Deal with Difficult People; Insurance Issues for Community Associations; Trade Shows and Annual Meetings. Overall, we had more than 600 attendees at our events in 2014 and 2015. […]

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CED Message

We want to hear from you – from the desk of Frank Lysiak   What a difference a year makes! Remember last year’s record snowfall – the infamous “Snowvember” – when a number of our community associations were dealing with eight feet of snow? Compare that to this year when we’re on track to break a turn of the century (1899) record on NO measurable snowfall to date. I have to believe that most of our association board members, community managers, and service providers are pleased with this year’s long term weather forecast after the barrage of negativity based on the record snowfall and cold temperatures beginning at this time last year. “Thank YOU, El Nino!“ Speaking of records, please take note of our article […]

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Marketplace

The Western New York Chapter Community Associations Institute would like to thank our Business Partners GOLD CLOVER MANAGEMENT, INC. JOHN J. GRIMALDI AND ASSOCIATES, INC. FIRST NIAGARA RISK MANAGEMENT KENRICK CORPORATION SILVER ANDRUSCHAT REAL ESTATE SERVICES FAIRWOOD MANAGEMENT LMM PROPERTIED, INC. M&T BANK PHILLIPS LYTEL LLP BRONZE

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Records Retention Schedule

courtesy of Michael Boychuk, CPA, CAI-WNY Board Member Ever wonder what to do with all those receipts, bills, and other records? Here’s a handy chart of how long to keep that paperwork. Accident reports/claims (settled cases)…………………………..7 years Accounts payable ledgers and schedules……………………….7 years Accounts receivable ledgers and schedules……………………7 years Audit reports………………………………………………………permanently Bank reconciliations…………………………………………………….2 years Bank statements…………………………………………………………3 years Capital stock and bond records (ledgers, transfer registers, stubs showing issues, record of interest coupons, options, etc.)……… ………………………………………………………………permanently Cash books……………………………………………………….permanently Charts of accounts……………………………………………….permanently Checks (canceled – see exception below)……………………….7 years Checks (canceled for important payments, i.e. taxes, purchases of property, special contracts, etc. Checks should be filed with the papers pertaining to the underlying transaction)….permanently Contracts, mortgages, notes, and leases (expired)…………………………………………………………7 years (still in effect)……………………………………………………permanently Correspondence (general)……………………………………………2 years […]

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