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 – December 2019 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –
Fav (Unfav)
Revenue $14,696,000 $14,215,000   $481,000
Expense  $ (19,542,000)  $(19,911,000)  $369,000
Net Operating Results (Loss)  $ (4,846,000) $   (5,696,000)  $850,000

Consolidated Statement of Financial Position as of:

  31-Dec‐19
(unaudited)
31-Dec‐18
(audited)
31-Dec-18
(unaudited)
Assets $71,478,000 $67,126,000 $67,126,000
Liabilities $8,006,000 $7,311,000 $7,311,000
Members’ Equity $63,472,000 $59,815,000 $59,815,000