The Community Association’s Institute estimates the number of U.S. Community Associations in 2015 to be between 336,000 and 338,000 with an estimated $70 Billion in annual HOA fees collected. We estimate approximately $2.1 Billion of the $70 Billion collected is spent on software and services such as we provide. Ivrnet’s Central platform for HOAs streamlines the collection of HOA fees, plus management of memberships, programs, and facility rentals.National Data, 2014
20.7
Percent of U.S. population in community associations.
$4.95 trillion
Value of homes in community associations.
$70 billion
Assessments collected from homeowners. Assessments fund
many essential association obligations, including professional
management services, utilities, security, insurance, common
area maintenance, landscaping, capital improvement
projects, and amenities like pools and club houses.
$22 billion
Assessment dollars contributed to association reserve funds
for the repair, replacement and enhancement of common
property, e.g., replacing roofs, resurfacing streets, repairing
swimming pools and elevators, meeting new environmental
standards and implementing new energy-saving features.
50,000–55,000
Community association managers (includes on-site managers
and those who provide part-time support to a number of
communities).
6,000–9,000
Large-scale associations, i.e., those meeting at least two
of the following three characteristics: a single, contiguous
community with a general manager; a minimum of 1,000 lots
and/or homes, and a minimum annual budget of $2 million.
30–40
Percentage of community associations that are selfmanaged,
meaning they may use professional assistance for
specific projects, activities and services, but do not employ a
professional manager or management company.
7,000–8,000
Community association management companies.
95,000–100,000
Individuals employed by management companies.
2,300,000
Community association board and committee members.
78,000,000
Hours of service performed annually by association board
and committee members.
$1.6 billion
Estimated value of time provided by homeowner board and
committee members based on the Bureau of Labor Statistics
estimate of $22.55 per hour for volunteer time. Click here to download the summary report