Financials

Tahoe Donner’s Accounting Department, under the guidance of Director of Finance Michael Salmon, manages the association’s financial affairs and presents financial information to members in a variety of reports. If you have any questions or concerns, please feel free to contact our accounting department.

See a month-at-a-glance financial overview on one page: Click to View the Dashboard Report.

Operating Fund Activity YTD – February 2017 (unaudited)

Excluding Assessment Revenues


Actual


Budget


Variance –

Fav(Unfav)
Revenue$3,508,000$2,455,000$1,053,000
Expense$(3,329,000)$(2,893,000)$(436,000)
Net Operating Results (Loss)$179,000$(438,000)$617,000

Consolidated Statement of Financial Position as of:


28-Feb‐17
(unaudited)


 31‐Jan‐17
(unaudited)


31-Dec-16
(audited)

Assets$68,919,000$69,463,000$61,035,000
Liabilities$8,977,000$9,337,000$7,147,000
Members’ Equity$59,942,000$60,126,000$53,888,000

Operating Fund Activity YTD – December 2016 (unaudited)

Excluding Assessment Revenues


Actual


Budget


Variance –

Fav(Unfav)
Revenue$12,771,000$9,200,000$3,571,000
Expense$(17,275,000)$(16,151,000)$(1,124,000)
Net Operating Results (Loss)$(4,504,000)$(6,951,000)$2,447,000

Consolidated Statement of Financial Position as of:


31-Dec‐16
(unaudited)


 30‐Nov‐16
(unaudited)


31-Dec-15
(audited)

Assets$61,035,000$72,144,000$56,085,000
Liabilities$7,147,000$15,731,000$6,569,000
Members’ Equity$53,888,000$56,413,000$49,516,000