$423,526
-
34,752
47,933
545,454
164,261
$709,715
$4,762
-
74,479
9,087
5,000
93,328
163,186
256,514
453,201
$709,715
$2,074,071
439,496
249,224
395,554
1,604,723
-
$3,158,345
$53,885
34,752
90,635
-
-
179,272
-
179,272
2,979,073
$3,158,345
CURRENT ASSETS
Cash
Accommodation Tax Receivable
PA59 Assessment Receivable
Accounts Receivable - Chamber/CVB
Accounts Receivable & Other
Total Currrent Assets
PROPERTY & EQUIPMENT - NET
TOTAL ASSETS
CURRENT LIABILITIES
Accounts Payable
Accounts Payable - Chamber/CVB
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
Year Ending September 30, 2022.
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.
Financial
O V E R V I E W
4
