Small Property Owners of San Francisco Institute

“Expenses bank fees 210 membership expense 4,311 paypal fees 1,455 postage 284 board meetings 788 insurance 1,407 registration fees 50 newsletter 30,252 payroll services 1,236 naa dues 634 website 2,490 calrha dues 1,000 entertainment 251 non-investment depreciation 1,033 total 45,401”

“3,007 4,584 less accumulated depreciation 2,920 3,953 7,414 7,414 less accumulated amortization 7,414 7,414 total 87 631”

“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.”