732 Gaines Street Davenport IA 52802
|
Gateway Redevelopment Group Balance Sheet 2006 Accrual Basis as of December 31, 2006
ASSETS Current Assets Checking/Savings 1000 · Checking 10,299.07 1001 · Savings 1,063.94 Total Checking/Savings 11,363.01 Accounts Receivable 1200 · Accounts Receivable 1201 · 730 Gains - Jipp 21,768.37 1202 · 822 Gains - Stone Soup 30,000.00 Total 1200 · Accounts Receivable 51,768.37 Total Accounts Receivable 51,768.37 Total Current Assets 63,131.38 Fixed Assets 1500 · Jipp 1501 · Phase 1 - Stabilization 1502 · Building Materials 6,366.80 1503 · Demolition 300.00 1504 · Masonry 6,795.00 1506 · Roofing 1,278.50 Total 1501 · Phase 1 - Stabilization 14,740.30 1510 · Phase 2 - Restoration 1511 · Building Materials 2,526.85 1512 · Electrical and Mechanical 690.70 1513 · Flooring 10,772.00 1514 · Framing 1,608.00 1515 · Masonry 2,590.00 1516 · Real Estate Taxes 1,149.00 1517 · Roofing 36,883.00 1518 · Finishing 2,315.38 Total 1510 · Phase 2 - Restoration 58,534.93 Total 1500 · Jipp 73,275.23 1550 · 822 Gains 1551 · Mechanical 15.00 1552 · Framing 33,701.04 Total 1550 · 822 Gains 33,716.04 Total Fixed Assets 106,991.27 TOTAL ASSETS 170,122.65 LIABILITIES & EQUITY Liabilities Long Term Liabilities 2500 · Notes Payable Loans 2505 · 822 Gain St. 9,500.00 2515 · QuadCities Housing Cluster 30,000.00 Total 2500 · Notes Payable Loans 39,500.00 Total Long Term Liabilities 39,500.00 Total Liabilities 39,500.00 Equity 1110 · Retained Earnings 101,634.57 Net Income 28,988.08 Total Equity 130,622.65 TOTAL LIABILITIES & EQUITY 170,122.65
|
|
Gateway Redevelopment Group, Davenport, Iowa |