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 – June 2019 (unaudited)

Excluding Assessment Revenues

  Actual Budget Variance –

Fav (Unfav)
Revenue $ 7,639,000 $ 7,112,000   $527,000
Expense  $ (9,578,000)  $(9,581,000)  $3,000
Net Operating Results (Loss)  $ (1,939,000) $   (2,469,000)  $530,000

Consolidated Statement of Financial Position as of:

  30-Jun‐19
(unaudited)
31-Dec‐18
(audited)
30-Jun-18
(unaudited)
Assets $73,162,000 $67,126,000 $68,622,000
Liabilities $7,638,000 $7,311,000 $7,419,000
Members’ Equity $65,525,000 $59,815,000 $61,203,000