Condominium Financial Management

What Condominium Financial Management does

Condominium Financial Management (CFM) is a privately held, family-owned financial services firm headquartered at 60 Mayhew Way in Walnut Creek, California, that provides contract-based financial management and bookkeeping exclusively for common interest developments — condominiums, homeowner associations, and planned communities — across Northern California. Founded in 1975 as Herbert N. Krauss Tax and Accounting Services and rebranded to its current form in 1980 after the founder's death, the firm is now led by second-generation owners Linnea Juarez (President) and Stacie Donnelly (CFO). CFM delivers an integrated suite of seven core service modules: Accounts Payable, Accounts Receivable, Budget Preparation, Delinquencies & Collections, Escrow Services, Financial Reports, and General Ledger. Delivery is supported by a Vantaca-powered Owner's & Board Portal that stores monthly financial packages and historical reports for 24/7 client access, plus an online Account Reimbursement Form integrated with HomeWiseDocs for escrow processing.

The firm's revenue model is a managed-services contract structure with Northern California community-association clients, billed on a per-association engagement basis rather than per-transaction. CFM positions itself as the only CACM-accredited comprehensive financial management firm serving Northern California and emphasizes California-specific CID compliance, including IRS 1099/1096 filing, EDD DE 542 reporting, and Board of Equalization Use Tax returns. The client base is distributed across small and mid-sized community associations; only one named client (Mountain Woods) is publicly referenced.

Customer acquisition is sales-led and relationship-driven: prospective clients submit requests via a web form, phone, or email, with marketing centered on the firm's 50-year brand heritage, PCAM/CCAM-certified leadership, and industry trade memberships rather than paid digital channels. The firm is a member of the Innovia Cooperative (80+ management companies, 8,000+ associations, 1.4M residential units), CAI, CACM, and ECHO, which provides collective procurement leverage and referral pipeline. Leadership has explicitly stated an intent to remain independent in an industry undergoing consolidation, with no disclosed funding, M&A, or geographic expansion activity. Headcount sits in the 11-50 range, with no growth metrics publicly disclosed.

Name

Condominium Financial Management

Legal name

Condominium Financial Management, Inc

Website

https://condofinancial.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

Condominium Financial Management is a family-owned Walnut Creek, California firm providing contract-based financial management and bookkeeping services — accounts payable/receivable, budgeting, collections, escrow, and reporting — exclusively for community associations and common interest developments across Northern California.

Ownership category

akta.pro rank

Product category

Community Association Financial Management

NAICS

Offices of Certified Public Accountants (541211)

SIC

Finance Services (6199)

akta.pro primary industry

Association Accounting, Budgeting & Financial Reporting Services (BPAJAHAL)

akta.pro secondary industries

Association Compliance, Governance & Board Support Services (BPAJAHAN), HOA / Condominium Association Management (BPAJAFAH)

Keywords

• Community association accounting
• HOA financial management
• Common interest developments
• Condo bookkeeping services
• Escrow processing services

Headquarters

HQ city

Walnut Creek

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Financial Management Services: Comprehensive financial management and bookkeeping services for community associations including accounts payable, accounts receivable, budget preparation, delinquencies & collections, escrow services, financial reports, and general ledger management. Services are provided on a contract basis for ongoing client relationships.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Condominium Financial Management provides contract-based financial management and bookkeeping services for community associations (HOAs, condo associations, and common interest developments) in Northern California. Its core service set spans accounts payable, accounts receivable, budget preparation, delinquencies and collections, escrow processing, financial reporting, and general ledger management, supported by a Vantaca-powered Owner & Board Portal for 24/7 client access to financial packages and historical reports.

Product overview

Condominium Financial Management (CFM) provides a comprehensive suite of financial management services for community associations (condominiums and HOAs) in Northern California. The offering consists of seven core accounting/bookkeeping service modules—Accounts Payable, Accounts Receivable, Budget Preparation, Delinquencies & Collections, Escrow Services, Financial Reports, and General Ledger—supported by a client-facing web portal (Owner's & Board Portal powered by Vantaca) and an online Account Reimbursement Form. The services are delivered as an integrated financial management solution designed specifically for Common Interest Developments, with emphasis on personalized service, compliance with state/federal reporting requirements, and nearly 50 years of operational expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounts Payable Services

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Innovia CooperativecoreStrategic or Co-development PartnerCFM is a proud member of Innovia Cooperative, a nationwide network of over 80 association management companies serving more than 8,000 HOAs and condo associations encompassing 1.4 million residential units. The partnership provides economies of scale through collective buying power, access to best practices and thought leadership from top management companies nationwide, and resources for board training, reserve studies, legislative compliance, and vendor discounts. This allows CFM to remain independent while leveraging collective scale and expertise.
• Community Associations Institute (CAI)coreStrategic or Co-development PartnerCFM maintains membership in Community Associations Institute, the leading trade organization for community associations. Through CAI, team members earn PCAM designations and access professional development resources.
• California Association of Community Managers (CACM)coreStrategic or Co-development PartnerCFM is a member of CACM Management Business Council. The company received the Accredited Community Management Business designation from CACM in 1999. Linnea Juarez is a founding member and past Chairperson of CACM.
• Educational Community for Homeowners (ECHO)minorStrategic or Co-development PartnerCFM maintains membership in ECHO, supporting the organization's mission to educate homeowners and community association stakeholders.
• VantacacoreTechnology or IntegrationCFM uses Vantaca-powered Owner & Board Portal for client access to financial packages, historical reports, and account management services.

Scale indicators2 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• FirstService Residential: FirstService Residential is one of North America's largest residential property managers, serving HOAs, condominiums, and high-rise communities with bundled management and financial services. Comparable to CFM in serving condominium associations but at national scale with broader service offerings.
• The Management Trust: The Management Trust is a large-scale community association management company serving HOAs and condominiums primarily in California and the Western U.S., with financial management as a core offering. Closely comparable to CFM in its California focus and HOA/condo financial services specialization, though at larger scale.
• Associa: Associa is the largest community association management company in North America, managing thousands of HOAs and condominiums with full-service offerings including financial management, accounting, and board support. It directly competes with CFM for HOA financial services contracts but operates at vastly greater scale and broader service scope.

Direct peers

• RealManage: RealManage provides community association management including financial services, accounting, and board support to HOAs and condominiums across multiple U.S. regions. Directly comparable to CFM in its core offering of financial management for community associations, though operating in different geographies.
• Cedar Management Group: Cedar Management Group provides HOA and condominium management including financial services, accounting, and board support, primarily in the Western U.S. Directly comparable to CFM as a mid-sized regional community association financial services provider.

Others

• Vantaca: Vantaca provides cloud-based software for community association management, including the Owner & Board Portal that CFM itself uses. Not a direct competitor but a key technology enabler in the same HOA financial services ecosystem.
• HomeWiseDocs: HomeWiseDocs is a document and estoppel service provider for community associations, used by CFM for escrow-related services. Adjacent ecosystem participant rather than direct competitor, but operates in the same HOA financial services workflow.
• Innovia Cooperative: Innovia Cooperative is a nationwide network of 80+ association management companies serving 8,000+ HOAs and condominium associations. CFM is a member; while not a direct competitor, Innovia provides competitive context and collective scale that shapes the market CFM operates in.

Regional players

• KW Property Management & Consulting: KW Property Management is a large Florida-based HOA and condominium management firm offering full-service management including financial services. Comparable in service offering to CFM but focused on the Southeast U.S. market rather than Northern California.
• Castle Group: Castle Group is a Florida-based community association management company providing financial management, accounting, and operational services to luxury HOAs and condominiums. Similar in scope of HOA financial services to CFM but operating in a different geographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CondominiumFinancialManagement
• LinkedInlinkedin.com/company/condominium-financial-management-inc.

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Condominium Financial Management