2013 Financial Results


Current Year 2013

Where the percent of each dollar of income or revenue went



* Reserve-Cap Projects-Cash , equals the sum of: (1) Increase in Reserve fund investment principal $ 175,897 / $ 2.06 per share (2) Expenditures for common property additions $ 152,683 / $ 1.80 per share (3) Cash and cash equivalents increase $ 57,423 / $ .68 per share = TOTAL $ 386,003 - WOW ! - NOTE: No Capital Expenditure Budget is provided by this organization to shareholders
  The 2013 BUDGET column below is what the Riveredge Board of Directors hand out (sometimes) every year to shareholders.  The 2013 ACTUAL column was added , the VARIANCE column is automatically calculated. Article II Section 6 of the Co-op By Laws requires the Board of Directors to determine the "cash requirements" yearly and deliver this information to shareholders. A new video will be added shortly


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Riveredge Review-May 2011

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