| Income |
| Bank Interest |
56.41 |
50.00 |
6.41 |
| Certified Letter Fee Collected |
75.00 |
10.00 |
65.00 |
| Guest Fees |
53.00 |
150.00 |
-97.00 |
| Homeowners' Dues |
1,720.00 |
1,720.00 |
| 2009 Association Dues |
372.00 |
372.00 |
| 2009 Late Fee-Dues |
25.00 |
25.00 |
| 2011 Association Dues |
57,079.62 |
58,032.00 |
-952.38 |
| 2011 Late Fees - Dues |
600.00 |
25.00 |
575.00 |
| 2012 Association Dues |
372.00 |
372.00 |
| Total Homeowners' Dues |
60,168.62 |
58,057.00 |
2,111.62 |
| Other Income |
9.00 |
9.00 |
| Pool Rental-Private Pool Parties |
60.00 |
100.00 |
-40.00 |
| Slide Reimbursement |
910.82 |
910.82 |
| Title Letters |
60.00 |
20.00 |
40.00 |
| Total Income |
$61,392.85 |
$58,387.00 |
$3,005.85 |
| Gross Profit |
$61,392.85 |
$58,387.00 |
$3,005.85 |
| Expenses |
| Administrative Supplies |
490.01 |
1,000.00 |
-509.99 |
| Bank Service Charge |
-266.00 |
-266.00 |
| Certified Dues Letters |
89.78 |
30.00 |
59.78 |
| Commons |
| Bridge Replacement/Repair (deleted) |
2,400.00 |
0.00 |
2,400.00 |
| Improvements |
768.30 |
1,000.00 |
-231.70 |
| Basketball Hoop Repair |
100.00 |
-100.00 |
| Entrance Signs-Replacement |
5,100.00 |
-5,100.00 |
| Exterminator - Ants |
195.00 |
195.00 |
0.00 |
| Slide Replacement |
1,821.64 |
1,821.64 |
| Total Improvements |
2,784.94 |
6,395.00 |
-3,610.06 |
| Lawn Care |
3,088.10 |
3,100.00 |
-11.90 |
| Social Events |
| Easter Egg Hunt |
180.86 |
150.00 |
30.86 |
| Garage Sales |
84.50 |
150.00 |
-65.50 |
| Luminary Sunday |
25.00 |
25.00 |
| Summer Bash |
829.86 |
700.00 |
129.86 |
| Tween Pool Party |
80.00 |
-80.00 |
| Total Social Events |
1,120.22 |
1,080.00 |
40.22 |
| Spring Cleanup |
126.35 |
160.00 |
-33.65 |
| Total Commons |
9,519.61 |
10,735.00 |
-1,215.39 |
| Insurance |
| Liability |
1,699.00 |
1,700.00 |
-1.00 |
| Worker's Compensation |
853.00 |
900.00 |
-47.00 |
| Total Insurance |
2,552.00 |
2,600.00 |
-48.00 |
| Newsletter/Directory |
120.00 |
-120.00 |
| Office/General Administrative Expenses |
0.00 |
0.00 |
| Other Expense |
0.00 |
0.00 |
| Payroll Expenses |
| Payroll Services |
140.00 |
220.00 |
-80.00 |
| Payroll Taxes Paid |
2,022.62 |
2,000.00 |
22.62 |
| Total Payroll Expenses |
2,162.62 |
2,220.00 |
-57.38 |
| Pool |
| Operations |
| Furniture & Equipment |
1,000.00 |
-1,000.00 |
| License |
200.00 |
200.00 |
0.00 |
| Lifeguards |
7,225.64 |
7,500.00 |
-274.36 |
| Maintenance |
300.00 |
-300.00 |
| Management/Chemicals |
11,100.00 |
13,000.00 |
-1,900.00 |
| Pool House Repair/Update |
203.03 |
500.00 |
-296.97 |
| Pool Repair |
3,000.00 |
-3,000.00 |
| Pool filters |
4,168.50 |
4,500.00 |
-331.50 |
| Restroom Updates/Repairs (deleted) |
0.00 |
0.00 |
| Total Pool Repair |
4,168.50 |
7,500.00 |
-3,331.50 |
| Supplies |
1,020.03 |
650.00 |
370.03 |
| Total Operations |
23,917.20 |
30,650.00 |
-6,732.80 |
| Total Pool |
23,917.20 |
30,650.00 |
-6,732.80 |
| Professional Fees |
| Attorney fees-used for dues collection |
-668.82 |
500.00 |
-1,168.82 |
| Quickbooks Online Service |
403.30 |
410.00 |
-6.70 |
| Website Support-GoDaddy.com |
167.76 |
190.00 |
-22.24 |
| Year End Tax Filing |
250.00 |
300.00 |
-50.00 |
| Total Professional Fees |
152.24 |
1,400.00 |
-1,247.76 |
| Taxes |
| Income Tax |
50.00 |
-50.00 |
| Personal Property Tax-Commons Area |
74.72 |
75.00 |
-0.28 |
| Real Estate Tax |
3,800.00 |
-3,800.00 |
| Total Taxes |
74.72 |
3,925.00 |
-3,850.28 |
| Utilities |
| Electricity |
1,908.97 |
2,000.00 |
-91.03 |
| Gas |
1,669.84 |
1,500.00 |
169.84 |
| Telephone |
380.17 |
250.00 |
130.17 |
| Trash Pick Up |
320.88 |
250.00 |
70.88 |
| Wastewater |
183.10 |
200.00 |
-16.90 |
| Water |
917.76 |
1,000.00 |
-82.24 |
| Total Utilities |
5,380.72 |
5,200.00 |
180.72 |
| Writing off bad debts |
500.00 |
-500.00 |
| Total Expenses |
$44,072.90 |
$58,380.00 |
$ -14,307.10 |
| Net Operating Income |
$17,319.95 |
$7.00 |
$17,312.95 |
| Net Income |
$17,319.95 |
$7.00 |
$17,312.95 |
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Sunday, Jan 15, 2012 06:40:40 PM GMT-5 - Cash Basis
This report was created using QuickBooks Online.
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