HOAs and Community Property Management Companies have no accountability

I have owned and lived in a condo for over 17 years. The community was well kept and funded the first 7 years or so. But since the reserves have dwindled and the property maintenance is an afterthought. Trees were pruned and parking lots resurfaced every Spring until 2019, but have not been done since. The siding is falling off and we have no money because of a kick the can down the road board, who is letting the management company make all the decisions. I addressed my concerns in a January 2024 board meeting. I informed the board I felt they were breaching the covenants and their fiduciary duties. I was then sent a cease and desist letter from the management company's attorney a week later, making all kinds of wild accusations. There is no oversight of community property management companies in Colorado and they are criminal in their behavior. It's shameful what they get away with, knowing there's nothing anyone can do, unless they have thousands of dollars to hire an attorney and try to take them on in court. What about rights for homeowners that pay their dues every month and expect the board to abide by the covenants? It's an investment for most of us!