Header Graphic
Financial Information > 2013 Financials


11 Jan 2014

          Jan - Dec 13
  Ordinary Income/Expense  
    Income  
      2012 Regular Assessment 720.00
      2013 Regular Assessment 33,370.00
    Total Income 34,090.00
    Expense  
      Administrative 1,154.73
      Annual Meeting -52.15
      Chemicals 46.83
      Entrance lighting 4,150.00
      Fees, License and Taxes 797.69
      Ground Maintenance 14,825.87
      Insurance 2,717.31
      Legal Fees  
        Collected Legal Fees -3,595.71
        Legal Fees - Other 1,098.56
      Total Legal Fees -2,497.15
      Postage and Meter Rental 633.18
      Sprinkler Maintenance & Repair 120.00
      Storage Unit 1,206.28
      Utilities 493.88
    Total Expense 23,596.47
  Net Ordinary Income 10,493.53
  Other Income/Expense  
    Other Income  
      Estoppel 600.00
      Interest Income 174.14
      Other Miscellaneous Income 540.00
    Total Other Income 1,314.14
    Other Expense  
      Wall & swale reserve expense 6,745.00
    Total Other Expense 6,745.00
  Net Other Income -5,430.86
Net Income   5,062.67
           
        Dec 31, 13
ASSETS    
  Current Assets  
    Checking/Savings  
      Chase Operating Account 3,872.14
      Chase Reserve Account 42,961.84
    Total Checking/Savings 46,833.98
    Accounts Receivable  
      Due from members -3,493.82
    Total Accounts Receivable -3,493.82
    Other Current Assets  
      Undeposited Funds 190.00
    Total Other Current Assets 190.00
  Total Current Assets 43,530.16
  Fixed Assets  
    Accumulated Depreciation -18,250.00
    Entrance Fencing 11,800.00
    Entrance Lighting 4,150.00
    Entrance Signage 2,300.00
  Total Fixed Assets 0.00
  Other Assets  
    Deposits 50.00
  Total Other Assets 50.00
TOTAL ASSETS 43,580.16
LIABILITIES & EQUITY  
  Equity    
    Opening Bal Equity 2,174.76
    Retained Earnings 41,899.19
    Net Income -493.79
  Total Equity 43,580.16
TOTAL LIABILITIES & EQUITY 43,580.16
         

Revised 9/17/2019 DG