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Financial Information > 2014 Financials


2 Jan 2015

 

         

Jan - Dec 14

 

Ordinary Income/Expense

 
     

Income

 
       

2014 Regular Assessment

32,970.00

     

Total Income

32,970.00

   

Gross Profit

32,970.00

     

Expense

 
       

Administrative

754.86

       

Chemicals

-96.00

       

Fees, License and Taxes

466.75

       

Ground Maintenance

25,006.71

       

Insurance

2,749.59

       

Legal Fees

 
         

Collected Legal Fees

-469.73

         

Legal Fees - Other

2,433.86

       

Total Legal Fees

1,964.13

       

Postage and Meter Rental

519.04

       

Repairs & Maintenance

1,050.00

       

Storage Unit

1,288.96

       

Utilities

339.51

     

Total Expense

34,043.55

 

Net Ordinary Income

-1,073.55

 

Other Income/Expense

 
   

Other Income

 
     

Estoppel

1,350.00

     

Interest Income

146.58

     

Other Miscellaneous Income

257.62

   

Total Other Income

1,754.20

   

Other Expense

 
     

Wall sealing & painting

6,600.00

   

Total Other Expense

6,600.00

 

Net Other Income

-4,845.80

Net Income

   

-5,919.35

 

 

 

 

 

 

 

     

Dec 31, 14

ASSETS

   
 

Current Assets

 
   

Checking/Savings

 
     

Chase Operating Account

4,659.56

     

Chase Reserve Account

37,210.37

   

Total Checking/Savings

41,869.93

   

Accounts Receivable

 
     

2015 assessments

-4,659.56

   

Total Accounts Receivable

-4,659.56

 

Total Current Assets

37,210.37

 

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

37,260.37

LIABILITIES & EQUITY

 
 

Equity

   
   

Opening Bal Equity

2,174.76

   

Retained Earnings

41,004.96

   

Net Income

-5,919.35

 

Total Equity

37,260.37

TOTAL LIABILITIES & EQUITY

37,260.37

         

Revised 9/17/2019 DG