Serving Colorado, Utah and Wyoming

Association Reserves has been serving Colorado and the surrounding areas for over 20 years, gaining a unique understanding of the needs of community associations and resorts in the Rocky Mountain and Plains area. Whether your association is a downtown high-rise, a townhome or single-family home development or a one-of-a-kind resort property, we have the resources and experience to help you plan for the future. We have developed a strong reputation among management companies, accounting and law firms and other industry professionals for our accurate, comprehensive and user-friendly Reserve Studies. Every Reserve Study we conduct incorporates our knowledge of local pricing and other regional factors, and satisfies both state requirements and National Reserve Study Standards. We have the knowledge, experience and expertise to help your Association make informed and responsible decisions regarding reserve funding. We strive for a long-term relationship as your community’s trusted reserve planning partner.

Colorado
Utah

Our Team

Bryan Farley, RS

President

Ruth Walden-Turek

Executive Assistant/Office Manager

Andrew Klausen

Project Manager

Chris Galey

Project Manager

Cooper Fogle

Project Manager

Paul Shoemaker

Project Manager

Soren Hoien

Project Manager

Terrin Klym

Director of Business Development

Need a Reserve Study Proposal?

Our Services

We offer a range of services to meet every budget and need. We focus on high quality and to exceed expectations with each Reserve Study and professional service.

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Which Level of Service is Right for My Property?
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What Happens Next?
Level of Service Site Visit Measurements Component List Condition Assessment Photographs Price
Reserve Study- Full
Yes
Yes
Created from Scratch
Yes
Yes
$$$
Reserve Study Update- With Site Visit
Yes
No
Updated from Prior Report
Yes
Yes
$$
Reserve Study Update- No Site Visit
No
No
Updated from Prior Report
Yes
No
$
Do-it-Yourself Reserve Study Kit
No
No
Provided by Client
No
No
$499

We work with all types of properties

Association Governed Communities

Association Governed Communities

Condos, Co-ops, HOAs, POAs, PUDs, Townhomes, etal.

Vacation Ownership Resorts

Vacation Ownership Resorts

Timeshares, Fractionals, Travel Clubs, & Vacation Clubs

Municipalities & Commercial Properties

Municipalities & Commercial Properties

Governments buildings & facilities at the federal, state, county and city levels as well as commercial or mixed use developments

Worship Facilities

Worship Facilities

Properties owned by any faith community

Schools, Colleges, & Univesities

Schools

Private and public schools, school districts, colleges and universities

Camps, Retreats & Charitable Organizations

Camps, Retreats & Charitable Organizations

Day camps, overnight camps, retreat centers, and properties owned and maintained by any charitable organization

Private Clubs & Recreation Centers

Private Clubs & Recreation Centers

Club or organization that owns and maintains property as well as private or public recreation centers

Other Types of Properties

Other Types of Properties

Our Reserve Studies Clearly Spell Out What Needs to be Reserved for, Evaluate the Strength of the Current Reserve Fund and Recommend a Funding Plan

Every Reserve Study includes Three Key Results

COMPONENT LIST- detailing the scope and schedule of all Reserve Projects

CALCULATION OF RESERVE FUND STRENGTH (%-Funded)

CUSTOM FUNDING PLAN going forward that allows for timely repairs & replacements with an emphasis on avoiding supplemental funding sources

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Bryan Farley, RS

President
Bryan Farley is the President of Association Reserves, CO, and has completed over 3,000 Reserve Studies and earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #260). Since 2011 Bryan has served all types of condominium and homeowners’ associations throughout the United States, ranging from international high-rises to historical monuments.

OTHER CREDENTIALS

CAI Educated Business Partner

Ruth Walden-Turek

Executive Assistant/Office Manager

Ruth joined Association Reserves in 2016. She brought with her many years of experience in administrative work specific to the building industry, having worked for a residential developer as a spec sheet writer as well as a systems coordinator and as a contract administrator for a general contractor managing multi-million dollar projects. Ruth has a business degree as well as a nursing degree.

Andrew Klausen

Project Manager

Andrew earned a degree in Finance and Management from the University of Nebraska as well as a Masters in Research and Education from Trinity International University. Andrew’s experience includes non-profit leadership, teaching at the collegiate level, financial accounting, and risk-management for residential and commercial properties. Andrew’s project management experience is evidenced through the many avenues of his experiential application.

Chris Galey

Project Manager

Chris Galey graduated from Kansas State University with a Bachelor of Science in Business Administration. He began a career in the Resort and Hospitality industry and has worked with multiple ski resorts, ultimately managing sales operations in the Front Range. Chris acquired skills in this role by managing large sales events, partnerships, promotions, budgeting, and financial strategy. He brings great customer service to Association Reserves by building strong relationships with accountability and integrity.

Cooper Fogle

Project Manager
Cooper Fogle graduated from Wartburg college in 2017 with a degree in Business Administration as well as a Masters in Global Business from Pepperdine Graziadio School of Business in 2020. Through these programs and multiple study abroad experiences in the UK and Germany he was able to not only build up technical skills but also interpersonal skills working with a bright and diverse group of people.

Paul Shoemaker

Project Manager
Paul graduated from the University of Arkansas in 2014 with a BS in Business Administration, majoring in Finance and Information Systems. He brings with him experience as a Community Association Manager in the HOA management industry. As a member of CAI, Paul obtained the CMCA designation and continues to pursue education in the industry. Paul understands the unique challenges that a Board of Directors and managing agent face in maintaining a community’s assets, and strives to offer a seamless customer service experience from pre-project planning through completion.

Soren Hoien

Project Manager

Soren joined Association Reserves in 2023 after graduating from Colorado Christian University with a double major in Accounting and Business Administration. Soren’s experience includes extensive work in the marine industry as well as in the acoustic industry; working in sales, internal product development, and external product integration. His project management and sales skills are positively influenced by his experience.

Terrin Klym

Director of Business Development

Terrin Klym graduated from Colorado Christian University with a degree in Global Studies and International Business. She has worked in different customer relation positions where she gained strong interpersonal skills, business development knowledge, and a love for working closely with diverse groups of people. Driven by compassion, she seeks to serve others by providing an extraordinary commitment to excellence in all that she does, making her a great fit for Association Reserves.