Financials
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 – April 2019 (unaudited)
Excluding Assessment Revenues
| Actual | Budget | Variance –
|
|||
| Revenue | $ 6,376,000 | $ 5,581,000 | $795,000 | ||
| Expense | $ (6,710,000) | $(6,437,000) | $(273,000) | ||
| Net Operating Results (Loss) | $ (334,000) | $ (856,000) | $522,000 |
Consolidated Statement of Financial Position as of:
| 30-Apr‐19 (unaudited) |
31-Dec‐18 (audited) |
30-Apr-18 (unaudited) |
|
| Assets | $74,739,000 | $67,126,000 | $69,773,000 |
| Liabilities | $8,562,000 | $7,311,000 | $7,815,000 |
| Members’ Equity | $66,177,000 | $59,815,000 | $61,958,000 |
