Westhaven Association Inc

“Collection fees 3,020 late fees 400 room rental fees 100 total 3,520”

“Expenses 11,574 administrataive supplies 5,544 bad debt 146 collection fee expense 3,761 other administrative svc 212 trash and recycling 199 communications 1,130 pool management 4,235 landscaping 3,600 repairs and maintenance 11,111 property taxes 1,257 total 42,769”

“Prior period adjustment 4,181”

“Accounts receivable 10,938 15,361 total 10,938 15,361”

“Accounts payable and accrued expenses 0 7,985 other accrued expenses 49 87 prepaid assessments 4,075 5,498 transfer fee payable 245 0 key deposit 0 625”

“Property owners association formed for the purpose of maintaining the community and the common areas.”

“The association maintained the community and common use areas; they maintained and repaired the community water system; they billed for the water service; they maintained and repaired the community roads, grounds, pool and recreational building; and performed other general business administrative functions on behalf of the property owners of the private, gated subdivision.”