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Financial Management

ASSOCIATION CENTRAL can provide day-to-day financial management including careful monitoring and review of records. Electronic maintenance of financial records include the receipt of customer payments, invoicing and processing of accounts receivable, monitoring and ensuring income and expenditures fall within the parameters of the board-approved budget, and more.

ASSOCIATION CENTRAL can work with your independent audit firm to process the day-to-day financial records to reduce your annual audit costs, while providing an accurate accounting of financial status. Staff will work with the Association Treasurer to assure that all financial responsibilities of your association are met. Accurate accounting and efficient revenue collection can increase association cash flow and interest income.

Financial Management services that ASSOCIATION CENTRAL  provides includes:

  • Bill paying
  • Revenue receiving
  • Payroll
  • Invoicing
  • Collections
  • Budget building
  • Year-end audit assistance
  • Investment policies
  • Investment management
  • Risk management - D&O insurance, liability, umbrella, etc.
  • Employee benefits - insurance, pension / retirement
  • Tax filing - 990, 5500, quarterly, form filing
  • Application for tax exempt status
  • Automation of manual records to computerization
  • Implementation of “checks and balances” to assure protection of association assets and reduce risk.

Association Central, Inc.
3085 Stevenson Drive, Suite 200 - Springfield, IL 62703
Phone: (217) 529-6503
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