Association Reserves has been professionally conducting Reserve Studies in the Midwest region since 1995. Due to an increasing volume of work in the region, the Chicago office was established in order to better serve the needs of our clients. Whether your association is a downtown high-rise, a townhome community, a single-family home development, or a one-of-a-kind resort property, we have the resources and experience to help you plan now to prepare for your future. We are also aware of the local weather conditions and environmental impacts on your Association’s assets. We are pleased to be able to serve the Great Lakes region locally and continue to meet the needs of our current customers throughout the region. Here we serve Illinois (IL), Wisconsin (WI), Missouri (MO), Minnesota (MN), Kansas (KS), Iowa (IA), Nebraska (NE), North Dakota (ND), and South Dakota (SD).
 
 "Beat timeline, and provided thorough assessment along with detailed follow up questions to capture all assets. Professional, Thorough, Polished."
Jarrod
Pulte Group
"Elon was great to work with. He provided guidance and explained the process clearly."
Manny Alarcon
KB Home
"They provided an excellent analysis of our Condo complex."
Larry Taylor
Villas of Anderson Mill
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.
 
  
 | 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  | 
 
  
  
 Governments buildings & facilities at the federal, state, county and city levels as well as commercial or mixed use developments
 
  
 Day camps, overnight camps, retreat centers, and properties owned and maintained by any charitable organization
 
 Club or organization that owns and maintains property as well as private or public recreation centers
 Co-Lee joined Association Reserves in 2022, bringing over 20 years of expertise in the Common Interest Development industry. She has managed and provided reserve analysis consultations for a diverse range of developments, including HOAs, condominiums, private clubs, churches, campgrounds, schools, and water districts. Since shifting her focus to the Midwest and Northeast, Co-Lee has applied her extensive experience to help associations with long-term planning and sustainability in these regions. For the past two years, she has also served on the National Reserve Study Standards Committee, playing a key role in shaping industry standards. Her professional qualifications include the prestigious Association Management Specialist (AMS) #4859, Professional Community Association Manager (PCAM) #1963, and Reserve Specialist (RS) #367 designations, awarded by the Community Association Institute (CAI).
Co-Lee joined Association Reserves in 2022, bringing over 20 years of expertise in the Common Interest Development industry. She has managed and provided reserve analysis consultations for a diverse range of developments, including HOAs, condominiums, private clubs, churches, campgrounds, schools, and water districts. Since shifting her focus to the Midwest and Northeast, Co-Lee has applied her extensive experience to help associations with long-term planning and sustainability in these regions. For the past two years, she has also served on the National Reserve Study Standards Committee, playing a key role in shaping industry standards. Her professional qualifications include the prestigious Association Management Specialist (AMS) #4859, Professional Community Association Manager (PCAM) #1963, and Reserve Specialist (RS) #367 designations, awarded by the Community Association Institute (CAI).  David Whann, MBA, RS, EBP joined the Association Reserves – FL team in 2016, and now represents Association Reserves as the Director of Operations. A lifelong Florida resident, David obtained both his Bachelor’s Degree in Accounting and Master’s Degree in Business Administration from the University of South Florida. He has prepared Reserve Studies for a wide range of property types, from luxury high-rise properties to sprawling single-family home communities. David earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #369). David’s other responsibilities include the development of internal tools and systems to ensure our studies are accurate, comprehensive, and consistent with the latest industry trends and knowledge.
David Whann, MBA, RS, EBP joined the Association Reserves – FL team in 2016, and now represents Association Reserves as the Director of Operations. A lifelong Florida resident, David obtained both his Bachelor’s Degree in Accounting and Master’s Degree in Business Administration from the University of South Florida. He has prepared Reserve Studies for a wide range of property types, from luxury high-rise properties to sprawling single-family home communities. David earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #369). David’s other responsibilities include the development of internal tools and systems to ensure our studies are accurate, comprehensive, and consistent with the latest industry trends and knowledge.
Paige joined Association Reserves in 2012 after graduating from California Lutheran University with a Masters degree in Business Administration. A native of Colorado, she obtained a BS in Business Marketing from the University of Northern Colorado. Her undergraduate education also included a semester at Griffith University in Queensland, Australia. Paige worked in numerous advertising and marketing capacities while attending college. In her role at Association Reserves, Paige serves as the “face” of Association Reserves, promoting our company image and expertise in markets where Reserve Study services are needed and utilized. Her experience with trade show operations, her knowledge of business, and her marketing passion and creativity makes her an excellent addition to our team and an asset to our clients.
CAI Educated Business Partner