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|
Jan - Dec 12 |
| Ordinary
Income/Expense |
|
|
|
Income |
|
|
|
|
|
Annual Maintenance
Fee |
|
|
|
|
|
2012 Annual
Maintenance Fee |
317,547.06 |
|
|
|
Total Annual
Maintenance Fee |
317,547.06 |
|
|
|
Closing Costs
Collected |
250.00 |
|
|
|
Credit Card
Surcharge |
358.44 |
|
|
|
Exchange Fees |
2,550.00 |
|
|
|
Miscellaneous Inc |
60.00 |
|
|
|
Rental
(Condos) |
|
|
|
|
|
H.O.A. Condo
Rentals |
18,000.00 |
|
|
|
Total Rental
(Condos) |
18,000.00 |
|
|
|
Returned Check
Charges |
30.00 |
|
|
|
Social Membership |
2,145.00 |
|
|
Total Income |
340,940.50 |
|
Gross Profit |
|
340,940.50 |
|
|
Expense |
|
|
|
|
|
Advertising |
1,255.80 |
|
|
|
Automobile Expense |
|
|
|
|
|
Automobile - Gas |
240.00 |
|
|
|
|
Truck Lease |
1,200.00 |
|
|
|
Total Automobile
Expense |
1,440.00 |
|
|
|
Bank Service
Charges |
1,683.62 |
|
|
|
Casual Labor |
1,980.00 |
|
|
|
Clubhouse Mortgage |
30,090.00 |
|
|
|
Collection Fees
(Agency) |
1,924.66 |
|
|
|
Contract
Housekeeping Service |
18,000.00 |
|
|
|
Depriciation |
11,391.00 |
|
|
|
Dues and
Subscriptions |
228.00 |
|
|
|
Insurance |
|
|
|
|
|
Directors &
Officers |
1,440.00 |
|
|
|
|
Property &
Liability Insurance |
15,234.48 |
|
|
|
|
Wind & Hail
(Hurricane) |
12,244.00 |
|
|
|
Total Insurance |
28,918.48 |
|
|
|
Internet Services |
300.00 |
|
|
|
Landscaping/Lawn
Maint. |
8,645.79 |
|
|
|
Licenses and
Permits |
575.00 |
|
|
|
Loan Interest (GCR) |
4,635.00 |
|
|
|
Management Fees |
|
|
|
|
|
Golf Coast Maint
Fee (10%) |
22,097.43 |
|
|
|
|
Golf Coast Rental
Fees (25%) |
2,649.10 |
|
|
|
Total Management
Fees |
24,746.53 |
|
|
|
Miscellaneous |
0.00 |
|
|
|
Payroll |
|
|
|
|
|
|
Clerical &
Property Mgmt. |
36,599.59 |
|
|
|
|
Maintenance &
Repair Saleries |
26,024.40 |
|
|
|
|
Tax Liability |
5,695.77 |
|
|
|
|
Workers Comp |
556.80 |
|
|
|
Total Payroll |
68,876.56 |
|
|
|
Pest Control |
1,000.00 |
|
|
|
Postage and
Delivery |
1,000.00 |
|
|
|
Printing and
Reproduction |
1,000.00 |
|
|
|
Professional Fees |
|
|
|
|
|
Accounting |
1,475.00 |
|
|
|
Total Professional
Fees |
1,475.00 |
|
|
|
Rental
Disbursement |
4,197.19 |
|
|
|
Repairs &
Maintenance |
|
|
|
|
|
Building Repairs |
|
|
|
|
|
|
Dryer/Duct Replacement/Cleaning |
100.00 |
|
|
|
|
|
Painting |
500.00 |
|
|
|
|
|
Roof Repair/Paint |
500.00 |
|
|
|
|
|
Stucco Related Repair |
12,000.00 |
|
|
|
|
Total Building
Repairs |
13,100.00 |
|
|
|
|
Carpet Cleaning |
500.00 |
|
|
|
|
Computer Repairs |
250.00 |
|
|
|
|
Equipment Repairs |
250.00 |
|
|
|
|
HVAC
Repair/Service |
6,500.00 |
|
|
|
|
Pool &
Equipment |
5,500.00 |
|
|
|
|
Repairs &
Maintenance - Other |
1,255.00 |
|
|
|
Total Repairs
& Maintenance |
27,355.00 |
|
|
|
Replacement
Expense |
|
|
|
|
|
Appliance
Replacement |
4,000.00 |
|
|
|
|
Flat Screen
TV/DVDs |
1,000.00 |
|
|
|
|
Keycard/Replacemnt
locksets |
8,000.00 |
|
|
|
|
Replacement
Expense - Other |
5,000.00 |
|
|
|
Total Replacement
Expense |
18,000.00 |
|
|
|
Security |
363.09 |
|
|
|
Supplies |
|
|
|
|
|
Computer |
499.96 |
|
|
|
|
Housekeeping |
5,500.00 |
|
|
|
|
Maintenance &
Repair |
3,500.00 |
|
|
|
|
Office |
258.94 |
|
|
|
|
Pool |
3,500.00 |
|
|
|
Total Supplies |
13,258.90 |
|
|
|
Taxes |
|
|
|
|
|
|
Property |
14,085.96 |
|
|
|
Total Taxes |
14,085.96 |
|
|
|
Telephone |
|
|
|
|
|
Clubhouse/Office
Phones |
1,821.39 |
|
|
|
|
Condo Phones |
2,372.54 |
|
|
|
|
Long Distance
Phone |
236.90 |
|
|
|
Total Telephone |
4,430.83 |
|
|
|
Utilities |
|
|
|
|
|
Cable TV |
5,420.13 |
|
|
|
|
Electric |
|
|
|
|
|
|
Clubhouse Electric |
8,536.36 |
|
|
|
|
|
Condo Electric |
24,483.03 |
|
|
|
|
|
Other Electric |
2,061.26 |
|
|
|
|
Total Electric |
35,080.65 |
|
|
|
|
Water |
9,622.91 |
|
|
|
Total Utilities |
50,123.69 |
|
|
Total Expense |
340,980.10 |
| Net
Ordinary Income |
-39.60 |
| Other
Income/Expense |
|
|
Other Income |
|
|
|
|
Interest Income |
39.60 |
|
Total Other Income |
39.60 |
| Net
Other Income |
|
39.60 |
|
|
|
|
|
|
0.00 |
