Income |
4211 Dues - MKLA |
82,613.67 |
152,000.00 |
-69,386.33 |
69,386.33 |
4221 Interest Income |
5,184.52 |
1,000.00 |
4,184.52 |
-4,184.52 |
4241 Clubhouse Private Rentals |
1,200.00 |
3,000.00 |
-1,800.00 |
1,800.00 |
4261 Misc Income |
196.56 |
25,782.00 |
-25,585.44 |
25,585.44 |
4311 Dues-Lakeshore |
118,122.85 |
118,750.00 |
-627.15 |
627.15 |
Total Income |
$207,317.60 |
$300,532.00 |
$ -93,214.40 |
$93,214.40 |
Gross Profit |
$207,317.60 |
$300,532.00 |
$ -93,214.40 |
$93,214.40 |
Expenses |
5210 Administration - Combined |
5211 Administration |
403.60 |
4,000.00 |
-3,596.40 |
3,596.40 |
5212 Bank Charges |
219.14 |
150.00 |
69.14 |
-69.14 |
5214 Professional Fees |
168.53 |
5,000.00 |
-4,831.47 |
4,831.47 |
5215 Property Taxes |
28,159.47 |
40,000.00 |
-11,840.53 |
11,840.53 |
5216 Insurance |
17,925.48 |
25,000.00 |
-7,074.52 |
7,074.52 |
5218 Utilities |
3,885.89 |
7,500.00 |
-3,614.11 |
3,614.11 |
5219 Community |
302.50 |
3,000.00 |
-2,697.50 |
2,697.50 |
Total 5210 Administration - Combined |
51,064.61 |
84,650.00 |
-33,585.39 |
33,585.39 |
5220 Beaches & Docks |
5221 Beach Operations |
324.18 |
900.00 |
-575.82 |
575.82 |
5222 Repairs & Improvements |
101.62 |
1,000.00 |
-898.38 |
898.38 |
5226 Water Analysis & Treatment |
9,307.78 |
7,000.00 |
2,307.78 |
-2,307.78 |
Total 5220 Beaches & Docks |
9,733.58 |
8,900.00 |
833.58 |
-833.58 |
5250 Grounds |
5251 Grounds Operations |
6,460.31 |
13,000.00 |
-6,539.69 |
6,539.69 |
5254 Tennis Court |
3,374.78 |
3,000.00 |
374.78 |
-374.78 |
Total 5250 Grounds |
9,835.09 |
16,000.00 |
-6,164.91 |
6,164.91 |
5270 Clubhouse |
5271 Clubhouse Operations |
3,618.00 |
5,000.00 |
-1,382.00 |
1,382.00 |
5272 Clubhouse Repairs & Maint |
3,869.15 |
8,000.00 |
-4,130.85 |
4,130.85 |
Total 5270 Clubhouse |
7,487.15 |
13,000.00 |
-5,512.85 |
5,512.85 |
5280 Road |
5281 Road Operations |
920.57 |
13,000.00 |
-12,079.43 |
12,079.43 |
5285 Snow Removal |
10,174.64 |
12,000.00 |
-1,825.36 |
1,825.36 |
Total 5280 Road |
11,095.21 |
25,000.00 |
-13,904.79 |
13,904.79 |
5315 Lakeshore Licenses and Permits |
0.00 |
0.00 |
0.00 |
5341 Lakeshore Water Operations |
5,627.55 |
16,000.00 |
-10,372.45 |
10,372.45 |
5342 Utilities |
4,088.94 |
5,000.00 |
-911.06 |
911.06 |
5343 Repair & Maintenance |
3,637.33 |
4,000.00 |
-362.67 |
362.67 |
Total 5341 Lakeshore Water Operations |
13,353.82 |
25,000.00 |
-11,646.18 |
11,646.18 |
Total Expenses |
$102,569.46 |
$172,550.00 |
$ -69,980.54 |
$69,980.54 |
Net Operating Income |
$104,748.14 |
$127,982.00 |
$ -23,233.86 |
$23,233.86 |
Other Expenses |
5291 Contingency Revenues / Expenses |
0.00 |
0.00 |
0.00 |
5292 Interest Expense |
10,188.17 |
20,439.00 |
-10,250.83 |
10,250.83 |
5393 Depreciation |
60,000.00 |
-60,000.00 |
60,000.00 |
5396 Lakeshore Tax |
3,054.49 |
0.00 |
3,054.49 |
-3,054.49 |
7000 Income Tax Expense |
2,500.00 |
-2,500.00 |
2,500.00 |
Total Other Expenses |
$13,242.66 |
$82,939.00 |
$ -69,696.34 |
$69,696.34 |
Net Other Income |
$ -13,242.66 |
$ -82,939.00 |
$69,696.34 |
$ -69,696.34 |
Net Income |
$91,505.48 |
$45,043.00 |
$46,462.48 |
$ -46,462.48 |
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Thursday, Sep 01, 2011 07:49:46 AM PDT GMT-7 - Cash Basis
This report was created using QuickBooks Online Plus.
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