Financial Statements

View the detailed financial statements as follows:

December 31, 2016
Balance Sheet
Income Statement
Statement of Cash Flow
Accompanying Notes
Supporting Schedules

September 30, 2016
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

August 31, 2016
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

July 31, 2016
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

June 30, 2016
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

April 30, 2016
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

December 31, 2015
Balance Sheet
Income Statement
Cash Flow
Accompanying Notes
Supporting Schedules
Trial Balance
Statement of Auditor Independence
Audited Financial Statements
Auditor's Management Letter
Independent Accountant's Review Report
Auditor Waiver

June 30, 2015
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

December 31, 2014
Balance Sheet
Income Statement
Cash Flow
Accompanying Notes
Supporting Schedules
Trial Balance
Transaction Details
Statement of Auditor Independence
Independent Auditor's Management Letter
Auditor Waiver

September 30, 2014
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

July 31, 2014
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

June 30, 2014
Balance Sheet
Income Statement
Accompanying Notes
Supporting Schedules

March 31, 2014
Balance Sheet
Income Statement
Accompanying Notes

December 31, 2013
Independent Auditor's Management Letter
Independent Auditor's Report
Balance Sheet
Income Statement
Statement of Cash Flow
Accompanying Notes
Statement of Auditor Independence
Auditor Waiver
Loan

December 31, 2012

Balance Sheet
Income Statement
Accompanying Notes
Financial Reviewer Statement
Financial Review Waiver

Common member questions:

FAQ 1: Are my membership dues and gym fees being charged simply to pay-off the debts incurred but unpaid prior to December 31, 2011?

Answer 1: The membership dues and other fees collected during calendar year 2012 will first be used to pay annual required expenses such as the annual Recreation Fund assessment and insurance.  A portion of all service fees paid by members (for example, gym fee, etc.) will be reserved for the specific operation of the related program.  Thus for example, cash received will be held in reserve received for gym fees to pay for repairs, maintenance and upgrades to the Fitness Center.

FAQ 2: I paid a refundable deposit when I joined AERWA prior to December 31, 2011.  Will I receive a refund of that deposit?

Answer 2: AERWA must first pay outstanding debts to vendors and/or repay the Recreation Fund for any funds it may loan AERWA to extinguish its prior debts to non-member vendors.  After all other debts are paid, members can begin to receive refunds of their previously paid deposits.

FAQ 3: I paid a refundable deposit when I joined AERWA prior to December 31, 2011.  Can I apply that refundable deposit to my membership fee due for the current year?

Answer 3: No, applying the refundable deposit to offset your membership renewal would in effect result in your receipt of the deposit with higher priority to non-member vendors.  Non-member vendors have priority in debt repayment.

View the financial review of calendar year 2011 operations.  Report. Attachment 1.  Attachment 2.

View the Statement of Auditor Independence for calendar year 2012.

View the Statement of Auditor Independence for calendar year 2010.

View the financial review of calendar year 2009 operations.

BOARD ONLY

Bank Deposit Form
Cash Count Form