Monticello Management, Inc.
Property Management
Northern New Jersey (201) 592 - 0700
Central New Jersey (732) 591 - 9500
New York (718) 576 - 1690
"SERVICE IS THE RULE, NOT THE EXCEPTION"
Monticello Management, Inc.
171 Main Street, Matawan, NJ 07747
970 Kent Avenue, Brooklyn, NY 11205
135 Fort Lee Road, Leonia, NJ 07605
ph: NJ (732) 591-9500 (201) 592-0700
fax: NJ (732) 970-6188 (201) 592-0785
alt: NY (718) 576-1690 (866) 805-8530
robin
Park View I Condominium Association
Balance Sheet
As of November 30, 2009ASSETS
Checking/Savings
Restricted Funds $128,763.31
Unrestricted Funds 4,823.40
Total Checking/Savings 133,586.71
Other Current Assets
Accounts Receivable 27,910.43
Undeposited Funds 1,707.48
Total Current Assets $ 163,204.62
Fixed Assets
Accumulated Depreciation (1,480.00)
Equipment 14,804.02
Total Fixed Assets 13,324.02
TOTAL ASSETS $ 176,528.64
LIABILITIES & EQUITY
Liabilities
Accounts Payable $ 28,208.18
Due To Monticello Mgnt. 25.00
Total Liabilities $ 28,233.18
Equity
Opening Bal Equity (1,789.78)
Reserve Funds 93,941.29
Retained Earnings 55,962.82
Net Income 181.13
Total Equity $ 148,295.46
TOTAL LIABILITIES & EQUITY $ 176,528.64
Profit & Loss
November 2009Ordinary Income
Condominium Fee $ 12,935.60
Late Fee 180.00
Move In Fee 50.00
Total Income $ 131,65.60
Expense
Administrative Exp. $ 61.00
Building Operations 9,260.83
Total Expense $ 9,321.83
Net Ordinary Income $ 3,843.77
Other Income
Interest Income $ 126.10
Reserve Funds Collected 5,000.00
Total Other Income $ 5,126.10
Other Expense
Reserve Funding 5,000.00
Total Other Expense $ 5,000.00
Net Other Income $ 126.10
Net Income $ 3,969.87
Copyright 2009 Monticello Management, Inc.. All rights reserved.
Monticello Management, Inc.
171 Main Street, Matawan, NJ 07747
970 Kent Avenue, Brooklyn, NY 11205
135 Fort Lee Road, Leonia, NJ 07605
ph: NJ (732) 591-9500 (201) 592-0700
fax: NJ (732) 970-6188 (201) 592-0785
alt: NY (718) 576-1690 (866) 805-8530
robin
