HomeMy WebLinkAboutOHT - StatementofFinancialPosition - 08-31-2026Olympic Housing Trust (TS)
Statement of Financial Position
As of Aug 31, 2026
Cash Basis Thursday, October 01, 2026 11:04 AM GMT-08:00 1/2
Total
Assets
Current Assets
Bank Accounts $603,155.61
Accounts Receivable
ACCOUNTS RECEIVABLE $0.00
Total for Accounts Receivable $0.00
Other Current Assets
12000 Undeposited Funds 0.00
Houses Held for Resale 1,358,183.72
Total for Other Current Assets $1,358,183.72
Total for Current Assets $1,961,339.33
Fixed Assets
Construction in Progess 198,469.77
FIXED ASSETS
1400 Real Property Held in Perpetuity $659,503.09
1420 Accumulated Depreciation 0.00
1425 Equipment 0.00
Total for FIXED ASSETS $659,503.09
Total for Fixed Assets $857,972.86
Total for Assets $2,819,312.19
Liabilities and Equity
Liabilities
Current Liabilities
Accounts Payable $0.00
Other Current Liabilities
2200 Reserve Fund Payments 16,949.15
2230 Accrued Real Estate Tax 0.00
2250 WSHFC DH Construction Loan 950,102.66
Direct Deposit Payable 0.00
Total for Other Current Liabilities $967,051.81
Total for Current Liabilities $967,051.81
Total for Liabilities $967,051.81
Equity
30000 Board Designated Equity Accounts
33000 Unrestricted Cash 83,309.00
34000 Board Reserved Cash 45,605.00
35000 Dundee Hill Cash 457,207.00
36000 Chimacum Commons Cash 0.00
37000 Repair Reserve Cash 16,122.00
Total for 30000 Board Designated Equity Accounts $602,243.00
40000 Opening Balance Equity 7,610.00
Prior Period Adjustments -273,500.55
Olympic Housing Trust (TS)
Statement of Financial Position
As of Aug 31, 2026
Cash Basis Thursday, October 01, 2026 11:04 AM GMT-08:00 2/2
Total
32000 Retained Earnings 1,229,627.04
Net Revenue 286,280.89
Total for Equity $1,852,260.38
Total for Liabilities and Equity $2,819,312.19