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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
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
Information Sheet - Energy Audits
Q&A: Annual Information Return (AIR) For Housing Co-ops
This is a short guide to better understanding the Annual Information Return (AIR) for housing co-ops and the importance of filing on time.
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
In Arrears? Who, Me?
A director is in arrears when they owe their co-op money. Simple. Easy to understand.
In the old days (B.A.: Before the Agency), many co-ops saw things differently. Back then, a director who had signed a repayment agreement might not count as being in arrears. If they were keeping up with their
Tip of the Month
Plans in Action
The average co-op with an approved capital replacement plan tucks away more than $3,600 per unit in reserves each year--triple the 2007 amount. Does their future hold better windows? New kitchens? Savings mean more choices.