Cooper Square's challenge when it was retained at Morgan Court, 211 Madison Avenue, was to organize the financial record-keeping and help improve the building's finances. The board couldn't determine how much it was spending and had trouble tracking the monthly charges. Using its proprietary in-house computer programfor preparing financial reports, Cooper Square revamped Morgan Court's procedures and provided accurate, timely and organized monthly statements that also included trends, changes and comparisons with industry standards, all with accompanying color graphs and charts.

"Cooper Square also conducted an exhaustive budget analysis and gave us a report showing actual vs. budgeted expenses in such a way that the board could easily understand the information," said Angel Jones, board president. "They prepared an 18-month cash-flow analysis so we were able to bring our revenues and expenditures into alignment."