VRC - Management Solutions Committee

VILLAGE RACQUET CLUB RFP RESPONSES

Management Company Information

Type of business entity (Corporation/LLC/LP/LLP/franchise/other) Seabreeze Management is a privately-owned company, currently lead by President and CEO Isaiah Henry.

Number of years in business We have managed community associations for over 34 years.

Is business or parent publicly traded? We

Full legal name of parent or holding company, if any N/A. We are not affiliated with any other companies.

Ever engaged in litigation? If yes, provide details. Yes, our company has had three employee complaints regarding grievances surrounding wage and hourly claims. All three claims were settled in arbitration/mediation. Has a management contract ever been terminated for cause? In last 5 years, Seabreeze Management Company has parted ways with 4 associations. One pertained to differences of opinion, where the Board had specific motivations for their community that did not align with our recommendations. For the health of the association, we decided it would be best on both sides for us to move in different directions. Two associations decided to become self-managed. The fourth was unhappy with the service they believed they should be receiving from our firm, and after months of work to reconnect the relationship, we both mutually agreed that it was an appropriate time for them to seek an alternative vendor to serve their needs.

Does the management company carry errors & omissions insurance? What is the policy limit? Yes, our policy limit is $1,000,000, currently held with Continental Causality.

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