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.
$434,575
-
54,887
489,462
197,474
$686,936
$10,033
69,954
13,291
5,000
98,278
183,011
281,289
405,647
$686,936
$898,658
351,906
200,414
131,962
1,582,940
-
$1,582,940
$64,039
90,770
-
-
154,809
-
154,809
1,428,131
$1,582,940
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
3
