Financial Solutions

Intracoastal Management offers a complete suite of Financial Management Services designed to provide property associations and boards with peace of mind, efficient financial operations, and responsible stewardship of funds. Our experienced team handles every aspect of financial management, ensuring the financial health and stability of your association.

Key Services:

• Accounts Payable: We receive and meticulously verify invoices, ensuring accuracy and compliance. Our team processes payments to vendors in a timely manner, maintaining transparent financial transactions.
  
• Accounts Receivable: Intracoastal Management handles the billing, collection, and secure deposit of maintenance fees. We streamline the payment process, ensuring that all fees are received promptly.
  
• Delinquent List: We provide the board with an up-to-date list of delinquent owners, helping you monitor and address payment delinquencies effectively.
  
• Late Letters: Our team sends letters or reminder notices to delinquent unit owners, maintaining a consistent approach to fee collection.
  
• Financial Statements: We prepare comprehensive financial statements, offering a clear overview of your association's financial health and performance.
  
• Income Taxes: Intracoastal Management coordinates with the association's CPA to facilitate the filing of state and federal income tax returns, ensuring compliance and accuracy.
  
• Liens: We provide the association's attorney with proper documentation to record liens, helping protect the association's interests.
  
• Audits: Our team collaborates with the association's auditor, providing the necessary information to perform audits and/or review the association's books, ensuring transparency and accountability.
  
• Special Assessments: We coordinate, bill, collect, monitor, and properly document special assessments, ensuring that the association's financial obligations are met.
  
• Budgets and Budget Meetings: Intracoastal Management formulates and prepares preliminary and final budgets for the board's review. We also coordinate budget meetings, providing a comprehensive approach to financial planning.
  

Intracoastal Management's Financial Management Services are designed to offer efficient, transparent, and expert financial oversight for property associations. We tailor our services to meet the unique needs of your association, ensuring responsible financial management and compliance with regulations. Choose Intracoastal Management for your Financial Management needs and experience the benefits of professional financial expertise and diligent stewardship of your association's finances. Your association's financial health and stability are our top priorities.