turnberry on the green business plan proposal by gregori arzumanov president (second edition*)
TRANSCRIPT
Turnberry on the Green
Business PlanProposal by
Gregori Arzumanov
President
(Second edition*)
Occupation Turnberry on the Green Condominium:
Total Apartments ………… 377 Owner occupied ……….... 52.7% Rented ……………………46.9% Not occupied ………………5.8%
Base on Property Manager report
March 1, 2008
The Team Gregori Arzumanov President, CEO Stephanie Boren Vice-President Jennifer Pannucci Secretary Maria Viton Treasurer Ken Caban Director
Shannon Loizzo, Property Manager Kevin Marshal, Chef Engineer John Brantofino, Service Director
Administration Structure
Property Manager
Chief EngineerChief
Security & Concierge
Maintenance Housekeeping
Manager Assistant
Security Valet Staff
Board of Directors and Committee Structure
Board of Directors
Screening Committee Hearing Committee Financial Committee
New Unit Owners and Tenants Unit Owners
Management / Financial Plan
Administration of the Association Collections from delinquent owners Leasing vacant units (from delinquent owners)* Screening processing
Security Service Association Website New Equipment
Products/services/technology required to be purchased outside company.
Administration of the Association
Current Proposal Expected Result Funds savings
Administration
(M & MA) $125,700 (include HB)
$94,000 (include HB)
Saving $31,000
(in year)
Collection Collection delinquent debits through law firm.
($1,800 + court fee)
per file.
Collection delinquent debits “in house”
(Court fee only)
a) Accessible info.
b) Speed up process
c) Efficient control
Savings $1,800 / file
(110 pending files)
OR
$118,800 in year
Total savings 149,000 in year
Screening New Owners, Tenant
AmeriCheck
USA
3 Reports
Up to 14 days
On-Line ServicesGlobal Security Services.
5 Reports
Instant Search
a) Speed up process.
b) 2 extra reports
c) More information
for Screening
committee
$350
Leasing vacant units*(from delinquent owners)
Current Proposal Expected Result Funds collecting
Leasing vacant units
32 vacant units
2 Bedroom - 17
1 Bedroom - 15
Lease
80% to Association
20% to Unit owner
17x$1750 x 10month
80% =$238,000
15x$1350x10month
80% = $162,000
Drastically reduce
delinquent balances
$400,000 / year
Security Services
Current Proposal Expected Result Funds savings
Security Fortress Protective Services.
2 employee at a time
24/7
$23,225 / month.
Security staff
(“in house”)
2 employee at time
24/7
$16,368 / month
a) Better quality
service
b) Efficient control
c) Direct responsibility
(Base on Budget 2008)
Savings
$82,200 / year
Total save ……. $231,200 in year
Administration of the Association (Salary expense are in Thousands of Dollar every Quarter)
Administration (Manager & Manager Assistant)
0
5
10
15
20
25
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
$Manager
$Manager Assis.
Security Services (Salary expense are in Thousands of Dollar every Quarter)
0
10
20
30
40
50
60
70
1st Qtr 2nd Qtr 3rd Qtr 4th Qtr
$ Security Services
Turnberry on the Green (Website)
Front page with newsletters, meeting announcements, reports from Board of Directors and Management
Log-in access only through using an ID and password Personal unit owner information such as mailing address, email, phone
numbers, etc. can be remotely added, edited, and deleted. Account receivable (accessible through log-in) Payment method :
- Direct deposit (DD)- Credit card (CC)- PayPal (PP)
Administrator access: - Manager (upload association statements, reports and other doc’s) Personal advertising page (sale, forum and others)
New Equipment The IQ1000 is most
advanced time clock, with many sophisticated options and features including: optional biometric fingerprint reader
Price: Device $880 + Software
Main Lobby Additional Check point
- Raises security level
- Prevents unauthorized visitors
- Operates by the existing FOB system as well as the manual lock system
- Price to install: $10,000 (estimated) Additional
Check PointExisting FOB
panel