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 – January 2020 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –
Fav (Unfav)
Revenue $2,042,000 $1,868,000   $174,000
Expense  $ (1,885,000)  $(1,836,000)  ($49,000)
Net Operating Results (Loss)  $ 157,000 $   32,000  $125,000

Consolidated Statement of Financial Position as of:

  31-Dec‐18
(audited)
31-Dec‐19
(audit in progress)
31-Jan-20
(unaudited)
Assets $67,126,000 $71,486,000 $80,443,000
Liabilities $7,311,000 $8,030,000 $9,707,000
Members’ Equity $59,815,000  $63,446,000 $70,736,000