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2018 Argyle Housing Annual Report

Finances

FINANCIAL SUMMARY

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$108M

TOTAL ASSETS

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$0.1M

OPERATING LOSS

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364

PROPERTIES OWNED

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$97.4M

VALUE OF PROPERTIES

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$4.1M

GAIN FROM FAIR VALUE PROPERTY

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$4.3M

CASH ON HAND

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PROPERTY REPAIRS & UPGRADES   $5.2M

2018 Income

Rental Income: $21,982,322

Government Grants: $4,039,621

Management Fees: $454,055

Tenant Repair Reimbursement: $643,048

Water & Utilities Recoveries: $581,567

Other: $840,284 (HSP $730,627)

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2018 Expenses

Tenant & Property Related - $17,946,108

Employee Related - $6,703,064

Office and Administration - $4,130,611

 

 

 

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