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Year-End Filings Coming Due? Things to Remember
Getting your year-end filings done on time is good for everyone! You’ll fulfill your co-op’s legal obligation and get your Agency performance reports that much sooner. Also, Agency staff would rather do other things than hound you for documents.
Here are a few helpful reminders for you when your
Has your co-op qualified for municipal status?
Your co-op probably knows that by qualifying as a non-profit organization providing housing, you can receive GST/HST rebates, but did you know that applying and qualifying for municipal status could open up opportunities for more refunds?
Municipal status was initially created to recognize the
New Good Practices Video on Filing Your AIR
Every year, Agency clients ask their auditor to web-file their Annual Information Return (AIR) to fulfill their annual filing obligation under their CMHC agreement four months after the end of their fiscal year. The annual filing also includes your co-op’s audited financial statements, signed board
Tip of the Month
Client Compliance
In 2008, 70% of Agency clients met every term of their CMHC operating agreement. Now 80% do. And compliance failures, great and small, are also fewer.