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.

Operating Fund Activity YTD – February 2014 (unaudited)

Excluding Assessment Revenue


Actual


Budget


Variance

Revenue
$892,900


$2,337,300


$(1,444,400)

Expense
$(1,821,100)


$(2,494,100)


$673,000

Net Operating Results (Loss)
$(928,200)


$(156,800)


$(771,400)

Consolidated Statement of Financial Position as of:


28-Feb‐14
(unaudited)


31‐Dec‐13
(unaudited)


28-Feb-13
(unaudited)

Assets
$55,913,000


$50,204,000


$54,911,000

Liabilities
$7,284,000


$5,686,000


$7,396,000

Members’ Equity
$49,629,000


$44,518,000


$47,515,000