Serving the State of New Mexico

Association Reserves has been conducting Reserve Studies in New Mexico over 30 years. Our clients range from large master planned communities & downtown high-rises to small townhome & apartment-style condominium associations. In order to meet the growing needs of our New Mexico Reserve Study clients, the New Mexico office was established in 2023. Our goal in preparing Reserve Studies is to provide our expertise to help you make informed and responsible decisions regarding reserve funding. We appreciate the opportunity to help clients of any property types plan for the future so that they have adequate Reserves when required, that they have budget stability, that they fairly distribute contributions and that they are making fiscally responsible decisions.

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Our Team

Chip Munday, LSM, PCAM

President

Paige Schauermann

Marketing Manager

Need a Reserve Study Proposal?

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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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Chip Munday, LSM, PCAM

President

Chip Munday joined Association Reserves in November 2023 and is serving as the president of Association Reserves – New Mexico. Chip has achieved every credential available to professional community managers, including the Large-Scale Manager credential of the Community Associations Institute, held by less than 80 managers world-wide. He has served the Community Associations Institute on several committees and is a regular presenter of educational programs around the country, particularly on emergency preparedness and recovery. Chip has always placed high importance on the value of quality reserve studies and the integral role they play in the current and future financial planning for organizations. After serving and managing communities as small as 17 and as large as 6600 units, he brings a unique perspective on the application of quality reserve studies as an essential tool for financial planning.

Paige Schauermann

National Marketing Manager

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.

CREDENTIALS

CAI Educated Business Partner