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2024 Utility Allowances for Alberta
2024 Utility Allowances for PEI
Make Better Decisions for your Housing Co-op with Data-Driven Reports
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
2023 Annual Report
A New HomeRun for Co-ops
Do you ever wonder how your co-op is really doing? You know your buildings, your books and your members better than anyone, but getting a bigger picture through comparison can be an incredibly powerful tool.
That’s why we built a website we called HomeRun for Agency clients. It uses data collected
The Tortoise Wins: The Agency’s 2023 Annual Report
For our 2023 Annual Report, the Agency is reflecting on its roots. Aesop’s fable, The Tortoise and the Hare, resonates for the Agency on many levels. His story is our story, as told in our 2023 Annual Report.
Like the tortoise, the Agency started slowly. The idea was not welcomed by a government
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
A New Look for Federations and Management Company Snapshot Reports
It’s not just our co-op clients who benefit from performance data from the Agency. We also like to share aggregated data with our stakeholders and earlier this fall, we released an updated version of our one page Snapshot Reports.
For management companies and co-op housing federations, these reports
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.