April 2010 Park Report

Apr 30, 10
ASSETS
Current Assets
Checking/Savings
1002 · BofA Operations Chking 0345 16,182.48
1010 · MONEY MARKET - SAVINGS
1016 · Money Mkt. 255,574.19
1020 · Great Western C D 201,313.31
1021 · B of A Risk Free C D 25,588.74
Total 1010 · MONEY MARKET - SAVINGS 482,476.24
1040 · CHANGE FUND ACCOUNTS
1042 · Business Office 500.00
1055 · Welcome Center Fund-Petty Cash 250.00
Total 1040 · CHANGE FUND ACCOUNTS 750.00
Total Checking/Savings 499,408.72
Accounts Receivable
1200 · Accounts Receivable 5,114.80
Total Accounts Receivable 5,114.80
Other Current Assets
1499 · Undeposited Funds -343.04
Total Other Current Assets -343.04
Total Current Assets 504,180.48
TOTAL ASSETS 504,180.48
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
2100 · Payroll Liabilities
2101 · Federal 941 taxes payable 2,184.64
2103 · Federal Unemployment 291.21
2110 · State AZ - Witholding 495.90
2111 · State AZ Unemployment 80.14
2112 · State AZ Job Training Tax 4.46
Total 2100 · Payroll Liabilities 3,056.35
Total Other Current Liabilities 3,056.35
Total Current Liabilities 3,056.35
Long Term Liabilities
2400 · RESTRICTED LIABILITIES
1012 · 1012 Capital Improvment 148,213.17
1014 · 1014 Contingency Account 77,151.59
1017 · Park Improvements-Comm. Complex 29,375.03
Total 2400 · RESTRICTED LIABILITIES 254,739.79
Total Long Term Liabilities 254,739.79
Total Liabilities 257,796.14
Equity
3000 · Opening Bal Equity 22,608.64
3900 · Retained Earnings -175.79
Net Income 223,951.49
Total Equity 246,384.34
TOTAL LIABILITIES & EQUITY 504,180.48

Jan - Apr 10 Budget
Ordinary Income/Expense
Income
3525 · Operating Cash Carry Over 0.00 22,608.64
4030 · SHAREHOLDER
4032 · Shareholder Asses. 480@$925 441,140.00 444,000.00
4034 · Less Frz. Dues, No Asses. 0.00 -2,860.00
4038 · Transfer to Contingencies -15,000.00 -15,000.00
4039 · Transfer to Capilal Reserve -10,000.00 -10,000.00
Total 4030 · SHAREHOLDER 416,140.00 416,140.00
4040 · OPERATIONAL  INCOME
4010 · Activities/Entertainment Inc 4,409.87 7,000.00
4015 · Gate Cards & Mail Keys -730.00
4041 · Rental Income Daily and Weekly 10,801.50 30,000.00
4042 · Rental Income Monthly 14,410.00
4043 · Rental Storage 5,276.10 9,000.00
4044 · Rental Vendor Room 931.00 500.00
4045 · Resale & Vendor Commissions Inc 3,891.95 5,000.00
4046 · Resale - Clickers 193.00 180.00
4050 · Office Income 1,559.92 3,000.00
4054 · Investment Interest 266.51
4055 · Interest & Late Fees Inc 783.70 2,500.00
4060 · Kitchen Receipts 12,816.80 17,500.00
4065 · Laundry 6,625.26 9,000.00
4070 · Propane Sales 13,570.02 15,000.00
4085 · Transfer/Inspection Fees Inc 2,501.48 2,000.00
4115 · Bingo 486.64 750.00
4120 · Memberships 22.00
4155 · Reimbursements to Co-op 2,946.75 2,500.00
4180 · Over/Short Cash 95.54  
Total 4040 · OPERATIONAL  INCOME 80,858.04 103,930.00
Total Income 496,998.04 542,678.64
Gross Profit 496,998.04 542,678.64
Expense
6000 · COOP. OPERATIONAL EXPENSES
6005 · Accountant / CPA Fees 2,395.00 3,000.00
6007 · Administrative committee 22.25 300.00
6010 · Advertising & Marketing 1,778.00 3,000.00
6011 · Ambassadors 142.83 400.00
6012 · Architectural Committee 658.58 1,235.00
6015 · Autos & Mileage Exp 637.09 1,500.00
6020 · Bank Svc/Finance Charges 861.11 2,000.00
6022 · Board/Annual Meetings 785.73 3,000.00
6025 · Fire Department 3,029.49 3,500.00
6035 · Licenses & Permits 164.27 3,800.00
6045 · Entertainment Exp 1,608.83 5,000.00
6047 · Finance Committee 60.52 300.00
6050 · Kitchen Supplies/Food Purchases 4,576.36 9,670.00
6055 · Legal / Attorney Fees 1,276.00 12,000.00
6065 · Miscellaneous Expenses 9.24 608.64
6070 · Payroll Taxes Federal / FICA 3,725.26 9,117.00
6080 · Payroll-Worker Comp Insurance 0.00 2,400.00
6085 · Payroll Taxes-Fed Unemplymt 291.21 553.00
6090 · Payroll Taxes-AZ Unemployment 655.20 2,000.00
6095 · Office Exp & Eqt 1,260.69 10,700.00
6100 · Propane Purchases 9,983.86 12,000.00
6102 · Property Committee 83.57 300.00
6105 · Property Insurance 14,329.48 16,000.00
6111 · Medical 1,242.60 3,400.00
6112 · Safety & Security 121.10 2,300.00
6115 · Salary - Activity Director 4,200.00 8,400.00
6120 · Salary - Housekeeping 2,800.00 9,600.00
6125 · Salary - Kitchen 4,695.83 6,125.00
6130 · Salary - Maintenance 11,445.01 33,000.00
6135 · Salary - Manager 15,500.00 46,500.00
6140 · Salary - Mail Handling 2,345.00 7,020.00
6143 · Salary - Bookkeeper 4,333.32 13,000.00
6146 · Salary-Welcome Center 3,377.25 7,560.00
6150 · Sales Tax (Food, Propane) 2,253.36 3,500.00
6152 · Resale & Vendor Commissions Exp 3,582.09 2,000.00
6153 · Resale - Clickers 13.03
6159 · Supplies - Activity Office 679.75 2,500.00
6160 · Supplies - Buildings 1,419.96 5,000.00
6167 · Supplies Post Office 2.15 800.00
6168 · Supplies - Welcome Center 942.17 625.00
6175 · Taxes - Real Estate 10,911.20 22,900.00
6180 · Taxes - State Income 45.00 45.00
6192 · Payroll Taxes-Az. Job Training 36.41 70.00
6196 · Electric Rental Lot Exp 1,699.96 4,000.00
6200 · Utilities - Electric 8,761.24 27,000.00
6205 · Utilities - Natural Gas 7,084.66 17,000.00
6210 · Utilities - Telephone 2,293.99 5,300.00
6215 · Utilities - Trash 5,310.56 16,000.00
6220 · Utilities - Water 9,127.94 25,000.00
6222 · Utilities - Sewer 37,200.00 111,600.00
6225 · Volunteer Appreciation Exp 434.39 250.00
6300 · Park Maintenance
6320 · Coop Equipment/Tractor Etc. 1,014.31 4,800.00
6325 · Dry Well & Septic Service 14,120.25 8,000.00
6330 · Bldg & Grounds Maintenance 12,890.22 36,000.00
6331 · Maintenance Tools 1,505.98 2,000.00
6335 · Pool/Solar System 12,719.94 9,000.00
6342 · Sunscape Survey 24,874.48  
Total 6300 · Park Maintenance 67,125.18 59,800.00
6501 · Pickup truck 15,573.10  
Total 6000 · COOP. OPERATIONAL EXPENSES 272,890.82 542,678.64
7081 · Earned Income Alocation 155.73  
Total Expense 273,046.55 542,678.64
Net Ordinary Income 223,951.49 0.00
Net Income 223,951.49 0.00