Search
2022 Annual Report
Q&A: Annual Information Return (AIR) For Housing Co-ops
What is the Annual Information Return (AIR)?
The Annual Information Return is the online form your auditor files on your behalf with the Agency for Co-operative Housing. Several back-up documents accompany the filing:
- Your signed audited financial statements for thefinancial year
- The co-operative's
Keeping an eye out for fraud
It’s an unfortunate reality that fraud can happen in any organization, including housing co-ops. While instances of fraud are rare, prevention is key which is why financial auditors check and report on internal financial controls through the annual audit process.
Catching fraud early is vital, so we
Annual Health Check
Making Data-Driven Decisions for Housing Co-ops
The directors of Canada’s housing co-ops are elected to make the big business decisions for their co-operatives. And good business decisions are based on good information.
The Agency’s Annual Health Check service is your best source of the information
Q&A on Housing Charge Increases
Accounting for Prepaid Expenses and Capital and Intangible Assets
Sustainability
Plan for the Future
Good planning is the secret behind a building that doesn’t look its age. Without a plan, your co-op can’t know how much you’ll need to save for major repairs. Until you know this, you don’t know what your housing charges should be.
Your plan begins with a recent building condition assessment that
Hire Good Help
Even a very small co-op needs a paid bookkeeper to make sure its money is properly accounted for. Beyond that, a property manager knows the annual and seasonal routines that will keep the property secure and well cared for. When the essential tasks are looked after, volunteers will have the time to
Tip of the Month
Vacancy Loss
The number of Agency clients reporting vacancy losses of more than $250 per unit per year has fallen 50% since 2007. While vacancy rates are local, these numbers show good management.