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 – August 2019 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –

Fav (Unfav)
Revenue $ 11,075,000 $10,843,000   $232,000
Expense  $ (13,452,000)  $(13,752,000)  $300,000
Net Operating Results (Loss)  $ (2,377,000) $   (2,909,000)  $532,000

Consolidated Statement of Financial Position as of:

  31-Aug‐19
(unaudited)
31-Dec‐18
(audited)
31-Aug-18
(unaudited)
Assets $71,119,000 $67,126,000 $66,417,000
Liabilities $6,243,000 $7,311,000 $5,786,000
Members’ Equity $64,876,000 $59,815,000 $60,631000