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The original was posted on /r/fuckhoa by /u/AclockworkBlu on 2023-08-12 00:16:12.
My board refuses to give any profit and lost statements.
We have a yearly budget given with 4-5 huge buckets. Property maintenance, supplies, projects, legal and miscellaneous. No itemizing of anything. It just seem rife for abuse.
How do we know they are not using funds for personal expenses. We know NOTHING about what is being spent on what.
The board hates us so since we are the only ones who go to meetings it’s easy to operate in a vacuum and tell us to gf ourselves. They have refused to have an audit after operating by the same people for 14 years.
We are a self run board with no management company or anyone overseeing anything. It is a HOA of SFHs. Is this normal is there something that can be done? We are in Illinois under the not-for-profit act. Any help would be great.