Willow Pointe
April 2015 Volume 11, Number 4
www.willowpointe.org Deed Restrictions Enforced Official Publication of the Willow Pointe Homeowners Association, Inc.
Willow Pointe HOA, INC Balance Sheet
February 2015 ASSETS Checking Comm Assoc Banc...........................................$156,737.61 Reserves Comm Assoc Banc...............................................$136,864.58 M.Stanley/S. Barney..............................................$145,989.21 Total Reserves.......................................................$282,853.79 ACCOUNTS RECEIVABLE 2011 Owner Assessments..............................................$20.00 2012 Owner Assessments.........................................$ 1,344.00 2013 Owner Assessments........................................$ 3,133.08 2014 Owner Assessments.........................................$ 7,870.00 2015 Owner Assessments.........................................$ 49,888.75 A/R Collection Fees................................................$ 18,227.17 A/R Lawn Fees......................................................$ 235.00 A/R Late charges...................................................$ 1,788.84 A/R Legal fees........................................................$ 12,473.95 A/R Opening Balance.............................................$ 19,391.50 A/R Other.............................................................$ 300.00 .............................................................................$114,672.29 Total Assets..........................................................$554,263.69 Pre-paid insurance................................................$ 4,792.50 Total other assets.....................................................$4,792.50 Total Assets..........................................................$559,056.19
Copyright © 2015 Peel, Inc.
LIABILITIES AND MEMBER’S EQUITY Current Liabilities Prepaid-HOA Fees........................................................$638.00 Total Liabilities...........................................................$638.00 Reserves Beginning balance.................................................$ 268,984.35 2015 Reserves......................................................$ 14,304.00 Interest Income...................................................$ 36.69 Capital Expenses.................................................$ -471.25 Total Reserves...................................................$282,853.79
Member Capital Prior Years equity..............................................$ 72,177.58 Accrual basis equity........................................$ 114,034.29 Total homeowners capital...............................$ 186,211.87 YTD excess/deficit...........................................$ 89,352.53 Total member’s equity .................................$275,564.40 TOTAL LIABILITIES AND MEMBER’S EQUITY ..........................................................................$559,056.19
Willow Pointe Homeowners Association Newsletter - April 2015
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