Partners in Your Success

 

Managing Your Business
 

Caring for your buildings
 

Protecting The Environment

Blueprint for Success

1
Set your charges to meet your costs
First, take note of all your expenses. Then set your charges high enough to meet them.
2
Fill your units
An empty unit is money gone forever. Here’s how to lose less to vacancies.
3
Collect what you’re owed
Members have to pay on time so the co-op can pay its bills on time.
4
Refresh, renew, replace
As your buildings age, they wear out. They’ll last longer if you give them the care they need.
5
Save for the future
Money you set aside now is money you won’t have to borrow later.
6
Insure your assets
Your property is the source of all your income. Keep it covered.
7
Enjoy your co-op
You deserve it.
 

Board Training Supports Good Governance

Successful co-ops maintain their business, their buildings and the environment. Part of maintaining your co-op’s business is ensuring that your board of directors understands financial responsibility, ethical conduct and the difference between the duties of board and staff. While understanding is not enough, it’s where good governance starts.

Co-operative education is the fifth co-op principle....

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Clients and Units

On 1 January 2018, the Agency had 525 client co-ops with 30,820 units of housing.

About Us

Agency Clients

On 1 January 2018, the Agency had 11 clients in PEI, 261 in Ontario, 50 in Alberta and 203 in B.C. 

About Us

Vacancy Loss

At last count, Agency clients together lost $3.6 million to vacancies. Too much, but down 2% from a year earlier.

Fill Your Units

Vacancy Costs

The average co-op loses $132 a unit a year to empty units, down from $177 in 2007. Some of this loss is by choice, because units are being refreshed for new members.

Fill Your Units

Timely Clients

Only 52% of the Agency's co-op clients filed their 2006 AIR on time. Now, 79% file on time. 

About Us

Risk Trend

The risk trend of 88% of Agency clients is either Strengthening or Stable. Great work, co-operators!

Managing Your Business

Plans in Action

The average co-op with an approved capital plan is setting aside more than $2,800 per unit in reserves each year--more than double the 2007 amount of $1,186. We're so impressed that we're speechless!

Plan for the Future