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.
2
CURRENT ASSETS
Cash
Accommodation Tax 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
$ 364,115
-
17,009
3 81,124
228,993
$610,117
$12 ,052
812
11, 569
5,000
2 9,4 33
194,914
224, 3 47
3 85,7 70
$610,117
$ 399,139
3 44,121
65,187
808,447
-
$808,447
$14, 336
6,412
-
-
2 0,748
-
2 0,748
787,699
$808,447
Chamber of
Commerce
Convention &
Visitors Bureau
ASSETS
LIABILITIES
&
FUND
BALANCE
