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unitea um organization inc

07/30/19
Accrual Basis Profit & Loss
January 1 through July30, 2019

2019 Estimated 2019 Budget 2020 Budget Notes

Ordinary Income/Expense
Price Per Unit 80.89 80.89 82.06 1.16
4100 • Association Fees
4100.1 • General Fees 1,751,522 1,751,522 675,983
4100.3 • Ambulance Fees 136,764 136,764 137,040
4100.4 • Cable Fees 3,539,830 3,539,830 3,142,123
4100.5 • Irrigation Fees 322,574 322,574 322,390
4100.6 • Security Fees 890,381 890,381 934,104
4100.8 • Transportation Fees 982,814 982,814 983,330
Reserves 1,538,711
Total 4100 • Association Fees 7,623,886 7,623,886 7,733,681
4110 • Advertising Revenue 83,149 102,000 94,056
4120 • Investigations Fees 127,543 150,000 130,000
4140 • Interest Income 93,035 35,700 93,035
4160 • Installation Luncheon, Net 62 2,000
4180 • Rental Income 37,746 36,528 38,304
4250 • Gate Passes (Net) 16,132 18,600 18,600
4450 • Laundry Income 20,621 18,000 18,000
Total Income 8,002,254 7,986,794 8,125,759
Gross Profit 8,002,254 7,986,794 8,125,759

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United Civic Organization Inc
07/30/19
Accrual Basis Profit & Loss
January 1 through July 30, 2019

2019 Estimated 2019 Budget 2020 Budget Notes

Expense
7100 • Laundry Expenses
7101 • Electricity, Laundry 2,100 2,205
7102 • Propane, Laundry 6,942 6,500 7,000
7103 • Repairs, Laundry 2,225 4,000 1,000
7107 • Water, Laundry 8,352 8,770
Total 7100 • Laundry Expenses 19,619 10,500 18,975
7200 • Transportation Expense
7201 • Contract, Regular 876,403 896,370 897,330
7203 • Fuel, Bus 83,108 86,000 86,000
Total 7200 • Transportation Expense 959,511 982,370 983,330
7300 • Security Expense
7301 • Contract 825,344 889,623 934,104
7307 • Investigations 96,561 150,000 130,000
Total 7300 • Security Expense 921,906 1,039,623 1,064,104
7400 • Landscape Maintenance 288,000 322,390 322,390
7502 • Cable, Bulk Service 3,350,961 3,536,807 3,142,123
7504 • Ambulance, Contract 137,038 137,040 137,040
7600 • General and Administration Exp
7604 • Beautification 29,898 30,000
7605 . Repairs & Maint 102,000 190,000 132,600
7607 • Utilities Electric 164,340 182,807 189,742
7608 • Utilities Water 49,047 59,607 53,818
7609 • Legal Fees, General 34,854 25,000 25,000
7611 • Insurance 72,537 70,805 83,418
7612 • Office Supplies 9,108 10,000 10,000
7613 • Accountant Fees, Annual Audit 43,229 39,900 45,336
7620 • Admin Salary Expense 56,290 55,108 61,627
7621 • Admin Salary Related Taxes 4,306 4,678 4,714
7622 • Computer and Related Equipment 28,000 42,000 28,000
7624 • Channel 591 592 593 3,672 3,942 3,672

Page 2 of 3
 United Civic Organization Inc
07/30/19
Accrual Basis Profit & Loss
January 1 through July 30, 2019

2019 Estimated 2019 Budget 2020 Budget Notes

7626 • Computer Tech Support 2,696
7627 • Pest Control 5,800 5,500 5,796
7628 • Postage 488 1,200 1,200
7629 • Copier Expense 1,437 24,000 -
7630 • Welcome/Centenarian Committee 392 2,000 300
7631 • Kitchen Expenses 2,000 4,700 2,400
7632 • Telephone Expense 10,107 16,000 8,400
7636 • Bingo - Net 2,116 2,116
7637 • Volunteers/New Res/Cent Not Installation 5,000 4,300 6,000 ,
7642 • Federal Corp Income Tax 5,000 5,000
7641 • Property Taxes 1,600 1,600 1,600
Total 7600 • General and Administration Exp 633,918 773,147 670,739
7700 • UCO Reporter
7701 • Printing Production 47,856 59,000 47,856
7702 • Graphic Artwork 37,160 27,000 37,160
7704 • Computer Maintenance 1,440 2,000 1,440
7706 • Office Supplies 880 1,000 1,000
7707 • Postage 1,198 2,000 2,000
7708 • Copier Expense 242 1,000 1,000
7740 • Accounting Fees 2,253 3,600
Total 7700 • UCO Reporter 91,029 92,000 94,056
7902 • Sales Tax 5,215 2,557 5,243
Total Expense 6,119,197 6,574,044 6,438,001
Net Ordinary Income 1,883,058 1,412,750 1,687,758
Net Income 1,883,058 1,412,750 1,687,758
1,687,676 Reserves

Page 3 of 3
United Civic Organization
Year 2020

Estimated
Years Estimated Contribution
Description Total Balance Remaining Life to Reserves
Road 15,000,000 5,280,405 10 15 971,960
Storm drain clean out / repair 220,000 220,000 1 1
Fence 1 100,000 100,000 1 20 -
Fence 2 -4 300,000 162,500 1 20 137,500
Irrigation/Piping 7,000,000 1,385,417 11 30 510,417
Generator 20,000 17,000 1 30 3,000
Millennium 375,000 375,000 1 50
Beautification Fund 30,000 1 1 30,000
Copy Machine 20,000 2 10 10,000
Laundry Equipment Repair/Replacemen 48,000 - 10 10 4,800
Computer, Telephone Equipment 60,000 - 3 3 20,000
Emergency and Hurricane Clean up 100,000 100,000 1 30
7,640,322.00 1,687,676.14
Less: Atlantic Broadband Payment -00
1,687,676.14