The ICBI Governance Structure
GOVERNANCE & MEMBERSHIP
Governance Structure
ICBI is governed by a Board of Directors as authorized in its Articles of Incorporation (maximum 17 members).
The original 2014 Standards Committee consisted of 16 professionals from six countries representing all major stakeholder groups. The committee was dissolved in 2015 after issuing the standards. Ongoing responsibility for standards oversight now resides with the ICBI Board of Directors.
ICBI operates as a volunteer-driven 501(c)(3) nonprofit organization.
Governing documents include:
IRS Exempt Determination Letter
The initial ICBI Standards Committee established in 2014 consisted of 16 individuals from 6 countries and represented every stakeholder group in the community association industry. Some of these individuals went on to become ICBI members, others did not – they simply volunteered their expertise to further the understanding of the reserve study process. The entire community association industry owes them a debt of gratitude for their efforts.
The standards committee was dissolved in 2015 after issuance of the standards. The ICBI Board of Directors has since taken over the responsibility for evaluating any additional changes to the ICBI standards.
The original standards committee consisted of the following.
|
Name |
Area of Specialization |
Country |
|
Gary Porter – Committee Chair |
RS, FMP, CPA, Software developer * |
United States |
|
Bill Chaffee |
Software Developer, CPA * |
United States |
|
Pierre Del Rosario |
RS, RSS Reserve Specialist * |
United States, Mexico |
|
Lynn Sallee |
RS, PRA, Contractor, Manager, Project Manager |
United States, Bahamas |
|
Craig Huntington |
Banker, Manager |
United States |
|
David Schwindt |
RS, PRA, CPA |
United States |
|
Don Haney |
CPA, MBA, MS * |
United States |
|
David McDermott |
Architect |
United States, Canada |
|
Brian Hill |
Reserve Professional, Appraiser |
Canada |
|
Jerry Orten |
Attorney |
United States |
|
Tim Leech |
Reserve Professional, Manager |
Dubai |
|
Kenneth Direktor |
Attorney |
United States |
|
Karen Holden |
Software, Timeshare specialist |
United States, Mexico |
|
Paul Gardiner |
Software, Timeshare specialist, Accountant |
Australia |
|
Frank Eades |
Professional Engineer, Facilities Management |
United States, Canada, Mexico, South Africa, Dubai |
|
Philip Jones |
Developer, Project management |
Kenya |
‘* - also member or officer in a community association
Membership in ICBI
Membership is open to individuals and organizations with an interest in capital budgeting and reserve studies.
Professional Member – $100 annually
For reserve preparers, including managers performing reserve studies.
- Individual membership required for each person issuing reports under ICBI standards
- Required to follow Generally Accepted Reserve Study Standards
- Required to use ICBI-certified software
- May display the ICBI Member logo
Company Member – $250 annually
For companies wishing to signify organizational support.
All reserve preparers within the company must also hold individual memberships.
Affiliate Member – No charge
Affiliate membership is for industry partners that support, but do not prepare, reserve studies.
Membership Benefits
- Recognition under the only professional-level reserve study standards
- Access to relevant education through ARP
- Listing on the ICBI website
- Participation in national brand recognition
- Networking at professional conferences
- Affordable dues structure
- Eligibility to pursue the RRC credential
ICBI membership signals adherence to clarity, consistency, comparability, and professional accountability in reserve study preparation.