Partners in Your Success

Blueprint for Success

 

10 Ways to Reduce Waste at your Co-op

Waste is a silent thief that takes bites out of your co-op’s bottom line without adding to your members’ comfort or making community life more enjoyable. Here are some tips on how your co-op can  save money over time by wasting less.

1. If your co-op pays for garbage pick-up, but not for recycling and composting, remind members that spending a few minutes recycling and composting will save them...

Good Vacancy Loss

Some vacancy loss is by choice, because units are being refreshed for new members. So only a loss in name. Actually an investment.

Co-ops without Paid Managers

Since 2007, the percentage of co-ops without paid help has fallen by more than half to a mere 3% of Agency clients.  Another 12% just have a lonely bookkeeper.

Vacancy Loss

At last count, Agency clients together lost $3.2 million to vacancies. That's down 47% from 2008.The improvement speaks for itself.

Vacancy Costs

Half of Agency clients have an annual vacancy loss below $33 a unit. The lowest ever!

Risk Trend

89% of Agency clients have a Strengthening or Stable risk trend. Solid management? Better governance?

Plans in Action

The average co-op with an approved capital replacement plan tucks away more than $2,700 per unit in reserves each year--almost double the 2007 amount of $1,165. Future generations of co-op members thank you.

No Vacancy Loss

31% of Agency clients lost no money to vacancies last year.

Good Vacancy Loss
Co-ops without Paid Managers
Vacancy Loss
Vacancy Costs
Risk Trend
Plans in Action
No Vacancy Loss