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Financial Information > 2020 Financials


1 Jan 2021

            Jan - Dec 20   Jan - Dec 19
  Ordinary Income/Expense      
      Income        
        2017 Regular Assessment 10.00   200.00
        2018 Annual Assessment 10.00   210.00
        2019 Annual Assessment 0.00   30,154.61
        2020 Annual Assessment 34,724.03   0.00
        Returned Check Charges 0.00   12.00
      Total Income 34,744.03   30,576.61
    Gross Profit   34,744.03   30,576.61
      Expense      
        Administrative 1,044.99   1,011.84
        Annual Meeting 0.00   27.34
        Bank Service Charges 0.00   24.00
        Fees, License and Taxes 61.25   61.25
        Ground Maintenance 14,115.00   12,783.00
        Holiday decorations 0.00   286.60
        Insurance 2,237.00   2,212.00
        Legal Fees      
          Property expenses -300.41   691.00
          Retainer and consulting 1,171.71   815.34
        Total Legal Fees 871.30   1,506.34
        Merchant deposit fees 526.10   320.92
        Postage and Meter Rental 571.92   471.92
        Repairs & Maintenance 0.00   915.00
        Resident get together 0.00   336.02
        Sprinkler Maintenance & Repair 1,069.97   4,526.79
        Storage Unit 1,136.23   1,456.57
        Utilities 197.97   265.72
        Violation Management 2,802.65   3,554.85
      Total Expense 24,634.38   29,760.16
  Net Ordinary Income 10,109.65   816.45
  Other Income/Expense      
    Other Income      
      Estoppel 900.00   600.00
      Interest Income 59.92   28.68
      Other Miscellaneous Income 281.00   80.00
    Total Other Income 1,240.92   708.68
    Other Expense      
      Wall & swale reserve expense      
        Iguana COntrol 0.00   2,000.00
        Landscaping 0.00   2,600.00
        Pressure cleaning 0.00   1,000.00
        Wall & swale reserve expense - Other 500.00   0.00
      Total Wall & swale reserve expense 500.00   5,600.00
    Total Other Expense 500.00   5,600.00
  Net Other Income 740.92   -4,891.32
Net Income       10,850.57   -4,074.87

Revised 9/17/2019 DG