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 – December 2020 (unaudited)
Excluding Assessment Revenues
| Actual | Budget | Variance –
|
|||
| Revenue | $9,381,000 | $14,140,000 | ($4,759,000) | ||
| Expense | $ (14,949,000) | $(20,227,000) | $5,278,000 | ||
| Net Operating Results (Loss) | $ (5,568,000) | $ (6,087,000) | $519,000 |
Consolidated Statement of Financial Position as of:
| 31-Dec‐18 (audited) |
31-Dec‐19 (audited) |
31-Dec-20 (unaudited) |
|
| Assets | $67,126,000 | $71,428,000 | $75,449,000 |
| Liabilities | $7,311,000 | $8,032,000 | $8,440,000 |
| Members’ Equity | $59,815,000 | $63,396,000 | $67,009,000 |