Herbert N. Krauss Tax and Accounting was originally formed by the husband and wife team of Herbert & Linnea Krauss in 1975. After the death of Herbert in 1980, Linnea took over the company changing the name of the firm to Condominium Financial Management (CFM) and retaining only the contract service related to Common Interest Developments. CFM is a member of the Management Business Council of the California Association of Community Managers (CACM). The company was awarded the prestigious Accredited Community Management Business designation from CACM in 1999, formally known as the Certified Management Firm designation.
A founding member of CACM. She was among the first 35 managers to receive the Certified Community Association Manager (CCAM) certification in 1993. She was elected to the Board of Directors of CACM in 1994 and was elected to serve on the Executive Committee of the Board in 2000. During her time on the Executive Committee she served as both the Treasurer and Chairperson. Linnea has authored and currently instructs two of the five core courses required to achieve the CCAM; "Financial Management for California Common Interest Developments" and "Ethics for California Community Association Managers". The CCAM is the only professional certification for the HOA industry specific to California managers. She also authored "Advanced Budgeting for CID's" for CACM and continues to work with CACM to update these courses as changes to the law require.
Linnea was awarded the Professional Community Association Manager (PCAM) designation by the Community Association's Institute (CAI) in May 1990 She is a senior instructor for CAI's Professional Management Development Program courses. She is also the author and instructor of the CAI course "Bookkeeping for Community Associations". Linnea is a past Chairperson of the CAI National Accountants Committee as well.
Daughter of Herbert & Linnea, joined the firm after graduating college in 1994. She started her career with CFM as a financial preparer and is now the Chief Financial Officer of the company.
Stacie is a past board member of CACM serving a three year term. She earned the CCAM certification in 1997 from CACM. She was awarded the prestigious PCAM designation in 2000 from CAI. She also served a 6 year term on the Board of Directors for the Bay Area and Central California Chapter of CAI. At the end of her term, she served in the role of President of the Chapter. She currently volunteers as a member of the Legislative Support Committee supporting the efforts of CAI’s California Legislative Action Committee.
Stacie keeps busy outside of work with her family and a volunteer spirit. She teaches Sunday school at Walnut Creek Presbyterian Church and serves on their Children’s Ministries committee. She is also the Coordinator for the MOPS (Mothers of Preschoolers) program for the same church.
Condominium Financial Staff
Updated on 2021-08-24T00:34:49+00:00, by .