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 – March 2020 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –
Fav (Unfav)
Revenue $4,977,000 $5,683,000   ($706,000)
Expense  $ (4,783,000)  $(5,341,000)  $558,000
Net Operating Results (Loss)  $ 194,000 $   342,000   ($148,000)

Consolidated Statement of Financial Position as of:

  31-Dec‐18
(audited)
31-Dec‐19
(audited)
31-Mar-20
(unaudited)
Assets $67,126,000 $71,428,000 $79,242,000
Liabilities $7,311,000 $8,032,000 $9,530,000
Members’ Equity $59,815,000  $63,396,000 $69,712,000