Small Property Owners of San Francisco Institute

“Expenses bank fees 462 membership expense 3,553 paypal fees 1,339 postage 495 board meetings 559 insurance 1,941 registration fees 70 newsletter 29,834 payroll services 941 naa dues 425 website 1,749 non-investment depreciation 173 total 41,541”

“Prior period unrealized gain -9,648”

“3,007 3,007 less accumulated depreciation 2,747 2,920 7,414 7,414 less accumulated amortization 7,414 7,414 total 260 87”

“Production of the monthly membership newsletter. The newsletter is the main educational conduit to the organization's members. Approximately 2,000 individuals read the newsletter each month. It provides property owners of one to six units with guidance in meeting all of the city's requirements. These include among others, requirement for permits, health inspections, handling of deposits, rental increases, certification of capital improvements, rehabilitation and energy conservations, arbitration of rental increases, calculating allowable expenses to pass through to tenants, and many other regulations contained within the hundreds of pages of the san francisco rent ordinance.”