$ 365, 272
-
26,189
391,461
211,884
$603, 3 4 5
$9, 333
705
9,998
5,000
25,036
189,016
214,052
3 89, 2 93
$603, 3 4 5
$470,888
362 ,63 0
119,621
83,182
1,036, 321
-
$1,036, 321
$19,739
12 , 24 3
-
-
31,982
-
31,982
1,004, 339
$1,036, 321
Financial Overview
The following is a summarized financial position for the Frankenmuth Chamber of Commerce and Convention &
Visitors Bureau showing a fiscally healthy organization. Detailed financial statements are available to members
upon request. The Convention & Visitors Bureau received a clean audit by the firm Gardner, Provenzano,
Thomas & Luplow. The organization's accounting is managed by Zehnder & Associates of Frankenmuth.
CURRENT ASSETS
Cash
Accommodation Tax Receivable
PA59 Assessment Receivable
Accounts Receivable & Other
Total Currrent Assets
PROPERTY & EQUIPMENT - NET
TOTAL ASSETS
CURRENT LIABILITIES
Accounts Payable
Pre-Billed Income
Other
Current Portion of L/T Debt
Total Current Liabilities
LONG-TERM LIABILITIES
Mortgage Payable - Net of Current
Total Liabilities
FUND BALANCE
TOTAL LIABILITIES & FUND BALANCE
Chamber of
Commerce
Convention &
Visitors Bureau
ASSETS
LIABILITIES
&
FUND
BALANCE
2
