ANNOUNCEMENT October 29, 2021

ANNOUNCEMENT

October 29, 2021

Homeowners Management Company announces today the departure of Joe Price, HMC’s President, who will be transferring his investment and responsibilities to business partner, Tasha Parmelee on November 1, 2021.

Joe presided over the recent acquisition of Homeowners Management Company, building a remarkable team of top industry talent, including CEO Vim Mahabir. Together, their accomplishments included implementing new software and systems, as well as the introduction of new, industry exclusive services and best practices to better serve HMC clients and position the company for continued growth. Joe will be transitioning out of his top leadership role to take some time off and focus on his true passion for mentoring and education, as well as his volunteer work with CACM’s Board of Directors in Southern California. Vim will continue to serve as HMC’s CEO overseeing daily operations out of the Concord office.

On November 1, 2021, Tasha Parmelee, currently President of Next Step Community Management will merge with Homeowners Management Company into CID Management Group, Inc., as the parent company for both Homeowners Management Company and Next Step Community Management.

Tasha Parmelee, CCAM, CCAM-PM, AMS,

President

Tasha joins with more than 16 years of community association management experience in a variety of property types, including: residential; condominium and commercial. She operated a small management company on the Central Coast and has previously served in executive leadership positions. Tasha has specific expertise in strategic planning for communities.

Tasha holds the specialized designation of CCAM (Certified Community Association Manager – Portfolio Manager) from the California Association of Community Managers, as well as the AMS (Association Management Specialist and the CMCA (Certified Manager of Community Associations) designation from the Community Associations Institute (CAI). Tasha serves on a CAI committee and has been a guest speaker at industry events.

Tasha holds a Master’s in Business Management degree with a concentration in organizational behavior and design as well as accounting. She is an adjunct lecturer at Cal State University-Monterey Bay in Business Communication, Business Ethics, and Data Analytics. She is an avid learner and teacher. When not focusing her immense amount of energy on community management, she spends time hiking along the Central Coast and traveling with her family.

Tasha has been instrumental in the rapid growth and success of Next Step Community Management and will share her infectious energy and broad range of talents with HMC. Together, the two companies are well positioned to continue to raise the bar in the professional HOA management industry. We are excited to have our company evolve and partner with top talent in our industry.

Thank You