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03-09-2001
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03-09-2001
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FINANCIAL OVERVIEW <br /> • Preliminary Balance Sheet for Period Ending December 31, 2000 <br /> ASSETS <br /> CURRENT ASSETS <br /> Cash-General 21,685.16 <br /> Investments/Savings Account 120,828.00 <br /> Prepaid Expenses 3,913.96 <br /> FIXED ASSETS <br /> Office Equipment, at cost 27,768.06 <br /> Less Accumulated Depreciation (18,059.87) <br /> Net Office Equipment 9,708.19 <br /> TOTAL ASSETS $ 164,835.31 <br /> LIABILITIES AND NET ASSETS <br /> CURRENT LIABILITIES <br /> Accounts Payable 0 <br /> Accrued Expenses 5,480.35 <br /> Deferred Dues Revenue 62,000.00 <br /> • Total Current Liabilities $ 67,480.35 <br /> CAPITAL <br /> Net assets, beginning of year 104,938.80 <br /> Net Income (7,583.84) <br /> NET ASSETS 97,354.96 <br /> TOTAL LIABILITIES AND NET ASSETS $164,835.31 <br /> 2001 PRELIMINARY BUDGET 2000 Event Sponsors & <br /> In-Kind Contributors <br /> REVENUE <br /> Memberships $349,000 Wells Fargo Bank Opus Group of Companies <br /> Interest 11,000 United Properties Xcel Energy <br /> Program Revenue 45,000 Greystone Real Estate Ryan Companies <br /> TOTAL 5430,000 Liesch Associates 3M <br /> Andersen Corporation US Bank <br /> EXPENSES Dakota Electric Association Twin Cities Metro <br /> Personnel $267,191 The Mortgage Company Amcon Construction <br /> Operations 62,940 Griffin Companies Frauenshuh Company <br /> Administration 14,450 Miller& Schroeder Olsen Thielen&Companies <br /> Programs 77,500 Adolfson&Peterson Kellison Company <br /> Depreciation 6,500 Kraus-Anderson Construction Saint Paul Pioneer Press <br /> TOTAL $428,581 Saint Paul Area Chamber of Commerce <br />
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