Joe Owner Blows The Whistle on TMMC

Posted in: Highline Meadows Fellows
 
It is amazing how easy it is for these management companies to stay out of trouble by just resigning. I believe the Cherry creek Farm HOA should be suing TMMC along with Highline Meadows and Second green in a large Class Action Lawsuit.
 
The lies,deceptive,harassment,manipulation, cheating and missing monies is a common theme with TMMC. One day these criminals will be arrested and TMMC will be banned from Property Management in Colorado!
 
Last time I checked... stealing and harassment was a crime in the United States.One day TMMC will be brought to justice to explain themselves and the missing monies in all our communities. This TMMC hiding, lieing and "CONTROL" of the Board of Directors must stop!
 
Does anyone ever check the spending on plumbers and legal fees? What about exterminator and pool cost? We have so much money we spend each year on these along with many other items in an overblown budget. At the end of the year we have nothing as we have made others rich with our monies...

Questions:

Where is the Balance Sheet for July 2008?

How did the special assessment get spent?

The insurance was $20,198.27

The Fire Hydrant was $99,757.00

The Fire/water was $522.50

The Reserve Contribution was $-3291.66

The special assessment income was $90,234

Cash on Hand-We had 100,85.69 on 11/2008 and 37,017.45 on 12/08

Why were we $343K in Accounts Receivable in 12/2008

Where is the 29K for the special assessment insurance in the Budget?

Why was the Reserves not Funded? Reserve Contribution was $-3291.66

How can the Special Assessment money be income of 2008 Budget?

How was the money really used????????????????????????????????

Why did the Special Assessment Monies show up in 2009?

Why did the Board of Directors spend all the Reserve Monies again in 2009?

 

What did the special assessment really pay for? $250,085.00 12/31/2008 Income Reported

250K Special Assessment 12/2008 found in budget?

Insurance     $20,198.27K

Fire/water    $522.50

Reserve       $3291.66

Fire Hydrant$99,757.00

-------------------------------

     $123,770.43 Missing Monies from special assessment=  $250,085.00-$123,770.43=$126,314.57    

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