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 – September 2019 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –

Fav (Unfav)
Revenue $11,927,000 $11,809,000   $118,000
Expense  $ (14,953,000)  $(15,370,000)  $417,000
Net Operating Results (Loss)  $ (3,026,000) $   (3,561,000)  $535,000

Consolidated Statement of Financial Position as of:

  30-Sep‐19
(unaudited)
31-Dec‐18
(audited)
30-Sep-18
(unaudited)
Assets $69,784,000 $67,126,000 $65,381,000
Liabilities $5,300,000 $7,311,000 $4,878,000
Members’ Equity $64,484,000 $59,815,000 $60,503,000