Cohousing-L Mailing List: Re: Chart of Accounts for Cohousing HOA

[Jay KapLon (jay]

> On Jul 23, 2022, at 12:07 PM, Sharon Villines <sharon [at] 
> sharonvillines.com> wrote:
>> …comparing many charts of accounts gives  you a starting place.
> 
> Please take the time to send more.

From our budget for Eastern Village Cohousing which is a urban 4 story single 
building with 55 cohousing units and 11 non-affiliated additional commercial 
units.

DESCRIPTION
INCOME
Assessments
Guest Room Income
Gain/Loss on Investments
Interest Income
NSF & Late Fees
Donations
Other Revenue
TOTAL INCOME

ADMINISTRATIVE EXPENSES
Tenant Activity
Office Supplies
Training
Print & Stationery/Postage
Management Fee
Manager Salary
Legal
Audit
Telephone
Internet Service
Miscellaneous Administrative
Contribution to Community Benefit
Bank Charges
TOTAL ADMIN EXPENSES

UTILITY EXPENSES
Electricity
Water/Sewer
Gas
TOTAL UTILITY EXPENSES

OPERATING & MAINT EXPENSES
Boilers/Hot Water Heaters Maintenance
Fire Alarm/Security Monitoring
Janitorial Contract
Exterminating
Trash Removal
Grounds Contracts
Repairs Labor
Repairs Material
Repairs contract
Elevator Maintenance Contract
HVAC Repairs/Maintenance
Fire Protection Equipment
Decorating Payroll
Misc. Operating & Maintenance
TOTAL OPERATING & MAINT EXP

TAXES & INSURANCE
Federal & State
Payroll Taxes
License, Fees, Taxes & Permits
Property & Liability Insurance
TOTAL TAXES & INSURANCE

CAPITAL RESERVE PAYMENTS
TOTAL RESERVE EXPENSES
TOTAL EXPENSES
PROFIT/(LOSS)