Income |
4211 Dues - MKLA |
158,151 |
152,000 |
6,151 |
4221 Interest Income |
5,345 |
1,000 |
4,345 |
4241 Clubhouse Private Rentals |
1,650 |
3,000 |
-1,350 |
4261 Misc Income |
17,452 |
25,782 |
-8,330 |
4311 Dues-Lakeshore |
119,863 |
118,750 |
1,113 |
Services |
800 |
800 |
Uncategorized Income-1 |
0 |
0 |
Total Income |
$303,260 |
$300,532 |
$2,728 |
Gross Profit |
$303,260 |
$300,532 |
$2,728 |
Expenses |
5210 Administration - Combined |
5211 Administration |
455 |
4,000 |
-3,545 |
5212 Bank Charges |
171 |
150 |
21 |
5214 Professional Fees |
1,724 |
5,000 |
-3,276 |
5215 Property Taxes |
37,786 |
40,000 |
-2,214 |
5216 Insurance |
20,926 |
25,000 |
-4,074 |
5217 Office Supplies & Misc. |
732 |
732 |
5218 Utilities |
4,781 |
7,500 |
-2,719 |
5219 Community |
1,548 |
3,000 |
-1,452 |
Total 5210 Administration - Combined |
68,124 |
84,650 |
-16,527 |
5220 Beaches & Docks |
5221 Beach Operations |
638 |
900 |
-262 |
5222 Repairs & Improvements |
1,294 |
1,000 |
294 |
5226 Water Analysis & Treatment |
9,308 |
7,000 |
2,308 |
Total 5220 Beaches & Docks |
11,240 |
8,900 |
2,340 |
5250 Grounds |
5251 Grounds Operations |
10,096 |
13,000 |
-2,904 |
5254 Tennis Court |
3,375 |
3,000 |
375 |
Total 5250 Grounds |
13,471 |
16,000 |
-2,529 |
5270 Clubhouse |
5271 Clubhouse Operations |
4,322 |
5,000 |
-678 |
5272 Clubhouse Repairs & Maint |
4,418 |
8,000 |
-3,582 |
Total 5270 Clubhouse |
8,740 |
13,000 |
-4,260 |
5280 Road |
5281 Road Operations |
28,459 |
13,000 |
15,459 |
5285 Snow Removal |
10,892 |
12,000 |
-1,108 |
Total 5280 Road |
39,350 |
25,000 |
14,350 |
5311 Lakeshore Admin Expenses |
5,572 |
5,572 |
5315 Lakeshore Licenses and Permits |
0 |
0 |
5316 Lakeshore Insurance |
7,121 |
7,121 |
5331 Lakeshore Dam Operations |
3,321 |
3,321 |
5341 Lakeshore Water Operations |
9,401 |
16,000 |
-6,599 |
5342 Utilities |
7,931 |
5,000 |
2,931 |
5343 Repair & Maintenance |
8,409 |
4,000 |
4,409 |
5344 Agra discount |
-139 |
-139 |
Total 5341 Lakeshore Water Operations |
25,603 |
25,000 |
603 |
Total Expenses |
$182,541 |
$172,550 |
$9,991 |
Net Operating Income |
$120,720 |
$127,982 |
$ -7,262 |
Other Expenses |
5291 Contingency Revenues / Expenses |
0 |
0 |
5292 Interest Expense |
17,625 |
20,439 |
-2,814 |
5393 Depreciation |
58,000 |
60,000 |
-2,000 |
5396 Lakeshore Tax |
3,054 |
0 |
3,054 |
7000 Income Tax Expense |
476 |
2,500 |
-2,024 |
Total Other Expenses |
$79,155 |
$82,939 |
$ -3,784 |
Net Other Income |
$ -79,155 |
$ -82,939 |
$3,784 |
Net Income |
$41,565 |
$45,043 |
$ -3,478 |
|
Friday, Jan 27, 2012 09:27:34 AM
GMT-5 - Cash Basis
This report was created using QuickBooks Online
Plus. |