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 – May 2021 (Unaudited)
Excluding Assessment Revenues
| Actual | Budget | Variance –
|
|||
| Revenue | $5,991,775 | $5,620,646 | $371,129 | ||
| Expense | $(7,147,885) | $(7,918,437) | $770,552 | ||
| Net Operating Results (Loss) | $(1,156,110) | $(2,297,791) | $1,141,681 |
Consolidated Statement of Financial Position as of:
| May 31, 2021 (unaudited) |
May 31, 2020 |
||
| Assets | $83,743,501 | $77,375,661 | |
| Liabilities | $9,851,447 | $8,133,030 | |
| Members’ Equity | $73,892,054 | $69,242,631 |