Financials
Tahoe Donner’s Accounting Department 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 – September 2020 (unaudited)
Excluding Assessment Revenues
| Actual | Budget | Variance –
|
|||
| Revenue | $7,707,000 | $11,589,000 | ($3,882,000) | ||
| Expense | $ (11,246,000) | $(15,422,000) | $4,176,000 | ||
| Net Operating Results (Loss) | $ (3,539,000) | $ (3,832,000) | $294,000 |
Consolidated Statement of Financial Position as of:
| 31-Dec‐18 (audited) |
31-Dec‐19 (audited) |
30-Sept-20 (unaudited) |
|
| Assets | $67,126,000 | $71,428,000 | $74,175,000 |
| Liabilities | $7,311,000 | $8,032,000 | $6,121,000 |
| Members’ Equity | $59,815,000 | $63,396,000 | $68,054,000 |