Martinez, Ca. – Matrix Association Management of Martinez, Calif., has been named an Accredited Community Management Firm (ACMF) by the California Association of Community Managers (CACM). The ACMF accreditation places Matrix Association Management among the elite community association management firms in the industry.
Matrix Association Management, founded by Edward Szaky in 2003, is a full-service association management firm with locations in Martinez and Manteca, Calif. The company provides services in Contra Costa, Alameda, Santa Clara, Sacramento, Napa, Solano, San Joaquin and Stanislaus counties.
Companies with the ACMF designation have met strict risk management, education and insurance requirements. Each company earning the designation must submit to an independent CPA review to demonstrate they adhere to accounting standards for risk management practices and internal financial controls. In addition, each community manager at the company must hold the Certified Community Association Manager (CCAM®) certification which encompasses California law and ethical standards of practice for community association management in California.
ACMF companies must also maintain all necessary insurance coverage to protect the interest of the firm’s HOA association clients, including general liability, fidelity insurance and workers’ compensation. Finally, the firm must maintain their ACMF accreditation every three years through a renewal process.
The ACMF program was developed by CACM to provide community association management firms operating in California with state-specific standards for professional business practices, accountability and self-regulation. California features the most complex body of law governing common interest developments in the United States, with more than 1,200 laws currently in effect.
“Companies that have earned the ACMF accreditation have met the highest standards of practice for managing communities in California,” said Karen Conlon, president and CEO of CACM. “By achieving the ACMF status, management firms are able to create an atmosphere of mutual trust between board members, homeowners and management. We congratulate Matrix Association Management on this achievement and applaud their commitment to providing the very best in community association management for their HOA clients.”
Based in Laguna Hills, Calif., CACM is the only community association management organization in the nation to offer a California-only educational program leading to the designation of “Certified Community Association Manager” (CCAM®) for industry professionals. CACM’s membership is comprised of more than 3,000 California-based professionals from the community association management industry. California is home to more than 48,000 associations, making it a multi-billion dollar industry for the state. For more information on CACM, please visit www.cacm.org.