Osceola ReVIEW - September 2008 - (Page 3) Annual Financial Report-Consolidated Statements of Activities Annual Financial Report-Consolidated Statements of Activities Annual Financial Report-Consolidated Statements of Activities For the Years-Ended 2006, 2007 Annual Financial Report-Consolidated Statements of Activities For the Years-Ended 2006, 2007 For the Years-Ended 2006, 2007 Annual Financial Report-Consolidated Statements of Activities For the Years-Ended 2006, 2007 Annual Financial Report-Consolidated Statements of Activities For the Years-Ended 2006, 2007 12/31/2007 12/31/2006 Annual Financial Report-Consolidated Statements of Activities For the Years-Ended 2006, 2007 12/31/2007 12/31/2007 12/31/2006 12/31/2006 For the Years-Ended 2006, 2007 12/31/2007 12/31/2007 12/31/2007 (As Restated) Support and Revenues: and Revenues: Support and Revenues: Support 12/31/2007 (As Restated) 12/31/2006 Support and Revenues: Support and Revenues: Dues: Membership $689,584 $660,422 (As Membership Dues: $689,584 $660,422 Restated) Support and Revenues: Membership Dues: $689,584 $660,422 Membership $689,584 $660,422 MembershipService Center: Dues: $689,584 MLS Dues: $299,815 $660,422 $227,926 MLS Service Center: $299,815 $227,926 MLS Service Center: $299,815 $227,926 Support and Revenues: Membership Dues: $689,584 $227,926 $660,422 MLS Service Center: Service Center: $299,815 MLS $299,815 $227,926 Knowledge Services: $49,555 $76,175 Knowledge Services: $49,555 $76,175 Knowledge Services: $49,555 $76,175 MLS Service Center: $299,815 $227,926 Knowledge Services: $49,555 $76,175 Membership Dues: Services: $689,584 Knowledge $76,175 Other Income: $95,790 $49,555 $42,677 $660,422 Other Income: $95,790 $42,677 Other Income: $95,790 $42,677 $42,677 Knowledge $76,175 Other Income: Services: $95,790 $49,555 Other Publications Income: $15,383 $95,790 $19,686 $42,677 MLS Service Center: $299,815 Publications Revenue: $15,383 $19,686 $227,926 Publications Revenue: $15,383 $19,686 $19,686 Publications Revenue: $15,383 $95,790 Other Income: Revenue: $42,677 Publications Store Revenue: $137,904 $15,383 $167,865 $19,686 Knowledge Services:Revenue: $49,555 Store Revenue: $137,904 $167,865 $76,175 Store Revenue: $137,904 $167,865 $167,865 Store Revenue: Revenue: $137,904 $15,383 Publications $19,686 Store Revenue: $137,904 $167,865 Interest Income: Income: $48,889 $34,589 Interest Income: $48,889 $34,589 $34,589 Other Income: $95,790 $167,865 Interest Income: $48,889 Interest $48,889 $34,589 $42,677 Store Revenue: $137,904 Interest Income: $48,889 $34,589 Total Support and Revenues: Support and Revenues: $1,336,920 $1,229,340 Publications Revenue: $15,383 Total and Revenues: $1,336,920 $1,229,340 $19,686 Total Total Support and Revenues: Support Income: $1,336,920 $1,336,920 $1,229,340 Interest $48,889 $34,589 $1,229,340 Total Support and Revenues: $1,336,920 $1,229,340 Store Revenue: $137,904 $1,229,340 $167,865 Total Support and Revenues: $1,336,920 Expenses: Expenses: Expenses: Expenses: Interest $48,889 Expenses: $407,360 $327,313 $34,589 Membership: Membership: Income: $407,360 $407,360 $327,313 $327,313 Membership: $407,360 $327,313 Membership: Expenses: $407,360 $327,313 Membership: MLS Service Center: Center: $207,268 MLS Service $207,268 $218,665 $218,665 Total Support andCenter: $1,336,920 $1,229,340 MLS Service Revenues: $207,268 $218,665 MLS Service Center: $207,268 $218,665 Membership: Knowledge Services: Service Center: $107,558 $407,360 $207,268 $327,313 $218,665 MLS $107,558 $165,935 $165,935 Knowledge Services: Services: $107,558 $165,935 Knowledge Services: $107,558 $165,935 Knowledge MLS Service Store Expenses: Center: Services: $132,963 $207,268 $107,558 $218,665 $165,935 $138,463 Store Knowledge $132,963 $138,463 Expenses: Expenses: Store Expenses: $132,963 $138,463 Store Expenses: $132,963 $8,353 $165,935 $138,463 Osceola Brokerage Cooperative: $30,507 $107,558 Knowledge Services: $132,963 $138,463 Osceola Store Expenses: Brokerage Cooperative: $30,507 $8,353 Osceola Brokerage Cooperative: $30,507 $8,353 Membership: Osceola Brokerage Cooperative: $30,507 $104,612 $138,463 $327,313 $8,353 Publications: $136,780 $132,963$407,360 Store Expenses: Osceola Brokerage Cooperative: Publications: $136,780 $30,507 $104,612 $8,353 Publications: $136,780 $104,612 Publications: $136,780 $170,038 $104,612 ManagementBrokerage Cooperative: $158,372 $30,507$207,268 MLS Service Center: Osceola and General: $8,353 $218,665 Publications: $136,780 $104,612 Management and General: $158,372 $170,038 Management and General: $158,372 $170,038 $29,112 Public Management and General: Affairs: $158,372 $23,244 $104,612 $165,935 $170,038 Publications: Services: $136,780$107,558 Knowledge $158,372 $170,038 $29,112 $23,244 Public Management and General: $29,112 $23,244 Public Affairs: $29,112 $23,244 Public Affairs: Total Expenses: Affairs: General: $1,209,920 $158,372$132,963 $1,156,623 $170,038 $138,463 Management and Store Expenses: $29,112 $23,244 Public Affairs: Total Expenses: Expenses: $1,209,920 $1,156,623 Total Expenses: $1,209,920 $1,156,623 $29,112 $30,507 $23,244 Public Affairs: Total $1,209,920 $1,156,623 Osceola Brokerage Cooperative: $8,353 Changes In Net Assets: $127,000 $72,717 Total Expenses: $1,209,920 $1,156,623 TotalPublications: Assets: (as restated): Expenses: $1,209,920 $136,780 Net assets-beginning of year $690,052 $127,000 $617,335 $1,156,623 Changes In Net $72,717 Changes In Net Assets: $127,000 $72,717 $104,612 Changes In Net Assets: $127,000 $72,717 Net Assets-End of Year (as restated): $817,052 $127,000 Net Changes In Net Assets: $690,052$690,052 $617,335$72,717 Management and General: (as restated): $158,372 Net assets-beginning of year (as restated): $690,052 $617,335 Net assets-beginning of year $690,052 $617,335 $170,038 Changes Inassets-beginning of year (as restated): Net Assets: $127,000 $72,717 Net assets-beginning of year Net Assets-End of Year (as restated): (as restated): $817,052$690,052 $690,052$617,335 Net Assets-End of Year (as restated): $817,052 $690,052 Public Affairs: $29,112 $617,335 Net Assets-End of Year (as restated): $817,052 $690,052 $23,244 Net assets-beginning of year (as restated): $690,052 Net Assets-End of Year (as restated): $817,052 $690,052 Note: Restatement of Prior Year Financial Statements Net Assets-End of $817,052 Total Expenses: Year (as restated): $1,209,920 $690,052 $1,156,623 The 2006 Financial Statements were restated to account for the change of the billing cycle of the Mid-Florida Regional 12/31/2006 (As Restated) 12/31/2006 (As Restated) (As Restated) 12/31/2006 (As Restated) Note: Restatement of Prior Year Financial Statements Multiple Listing Service. As aPrior Year Financial Statements Note: Restatement of result, net asets and net income were reduced by approximately $127,000 as of December 31, 2006. Changes In Net Assets: $127,000 $72,717 The 2006 Financial Statements were restated to account for the change of the billing cycle of the Mid-Florida Regional Net assets-beginning Service. (as restated):and accompanying were Reverse Mid-Florida Regional website at OsceolaReators. net income Financial Statements are available SAFETYcopyMultiple2007 IndependentAs a result, net asets the change ways areduced by theMortgageon our$617,335OsceolaReators. TIPS Listing of year Auditors' Report and accompanying Financial$690,052are available on our website at TheA full copy of the 2007 Independent Auditors' Report for andFive of the billing cycle of approximately $127,000 as of December 31, 2006. 2006 Financial Statements were restated to account A full of the Statements 1. Eliminate monthly mortgage payment 2. Receive extra monthly income 3. Eliminate credit card debt 4. Receive a cash lump sum or line of credit 5. Enjoy life a bit more Multiple Listing Service. As a result, net asets and net income were reduced by approximately $127,000 as of December 31, 2006. Note: Restatement of Service. As Financial Statements income were reduced by approximately $127,000 as of December 31, 2006. Prior Year a result, net asets and net Multiple Listing The 2006 Financial result, net were and net to account for the change of the billing $127,000 as of December 31, 2006. Multiple Listing Service. As aStatements asets restatedincome were reduced by approximately cycle of the Mid-Florida Regional Note: Restatement of Prior restated to account for the change of the billing cycle of the Mid-Florida Regional The 2006 Financial Statements were Year Financial Statements A full copy of the 2007 Independent Auditors' Report and to account for Financial Statements are availableof the Mid-Florida Regional The 2006 Financial Statements were restated accompanying the change of the billing cycle on our website at OsceolaReators.org. Note: Restatement of Prior Year Financial Statements A full copy of the 2007 OsceolaReators.o Multiple A YEAR-ROUND PRIORITY net income were reduced by approximately $127,000 as of December a net asets and can accompanying Statements SAFETY IS Listing full copy ofIndependent Auditors' Report and accompanying Financial$817,052 are available on our website atwebsite at Osceol Net Assets-EndService. Astheresult,Independent Auditors' Report andimprove your quality of life available31, 2006. $690,052 A of Year (as restated): 2007 Financial Statements are on our Tip #7 Check cell phone reception. Sharon Prymas, CSA When you’re showing commercialYear Financial Statements Note: Restatement of Prior property, thick walls and/ For homeowners 62 or Older or remote locations may interfere with mobile phone recepFor your free Reverse Mortgage Handbook, call The in advance to Statements were is serviceable for the change of the billing cycle of the Mid-Florida Regional tion. Check2006 Financialbe sure your phonerestated to accountSharon Prymas: (407) 361-6887 sprymas@financialfreedom.com in the area in which you are showing the property. Multiple Listing Service. As a result, net asets and net income were reduced by approximately $127,00 http://OsceolaReators.org
Table of Contents Feed for the Digital Edition of Osceola ReVIEW - September 2008 Osceola ReVIEW - September 2008 President's Perspective CEO Perspective Education Corner Association Staff Association Leadership Knowledge Services News Supra News Monthly Planner Welcome New Members New Real Estate Offices Osceola ReVIEW - September 2008 Osceola ReVIEW - September 2008 - Osceola ReVIEW - September 2008 (Page 1) Osceola ReVIEW - September 2008 - President's Perspective (Page 2) Osceola ReVIEW - September 2008 - President's Perspective (Page 3) Osceola ReVIEW - September 2008 - CEO Perspective (Page 4) Osceola ReVIEW - September 2008 - Education Corner (Page 5) Osceola ReVIEW - September 2008 - Association Staff (Page 6) Osceola ReVIEW - September 2008 - Association Staff (Page 7) Osceola ReVIEW - September 2008 - Association Staff (Page 8) Osceola ReVIEW - September 2008 - Association Leadership (Page 9) Osceola ReVIEW - September 2008 - Knowledge Services News (Page 10) Osceola ReVIEW - September 2008 - Knowledge Services News (Page 11) Osceola ReVIEW - September 2008 - Knowledge Services News (Page 12) Osceola ReVIEW - September 2008 - Supra News (Page 13) Osceola ReVIEW - September 2008 - Supra News (Page 14) Osceola ReVIEW - September 2008 - Supra News (Page 15) Osceola ReVIEW - September 2008 - Supra News (Page 16) Osceola ReVIEW - September 2008 - Supra News (Page 17) Osceola ReVIEW - September 2008 - Monthly Planner (Page 18) Osceola ReVIEW - September 2008 - Monthly Planner (Page 19) Osceola ReVIEW - September 2008 - New Real Estate Offices (Page 20)
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