2014 Financial Results


Current Year 2014

Where the percent of each dollar of income or revenue went



* Reserve-Cap Projects-Cash-investing activities , equals the sum of: (1) Increase in Reserve fund investment principal $ 28,251 / $ 0.33 per share (2) Expenditures for common property additions $ 162,336 / $1.91 per share (3) Investment in Apartment $ 39,734 / $ .47 per share = TOTAL $ 230,590 /$ 2.71 per share - NOTE: No Capital Expenditure Budget is provided by this organization to shareholders

Listed below is a copy of what was sent to me by the Cooperatives Management company (Westchester Property Management) after i requested a copy of the 2014 Budget. The Board of Directors is required to determine the annual cash requirements per Article II Section 6 of the By-LawsWhat is this telling me as a shareholder ?













Riveredge Cooperative - Year End Review 2014




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