Current Annual Report - Retirement Housing Foundation

RHF Financial HighlightsConsolidated Statements of Financial Position(000’s omitted)AssetsSeptember2012September2011Current Assets $ 66,657 $ 72,169Long Term Investments 50,833 41,760Land, Buildings, Equipment 8,316 8,710(Net of depreciation)Other Assets 69,961 63,700Total Assets** $ 195,767 $ 186,339Liabilities and Net AssetsCurrent Liabilities $ 8,807 $ 7,831Long Term Liabilities 40,534 40,001Subtotal 49,341 47,832Net Assets** 146,426 138,507Total Liabilities and Net Assets $ 195,767 $ 186,338Consolidated Statements of Activities(000’s omitted) Year Ending Year Ending9-30-12 9-30-11Revenues - Unrestricted22Management Fees $ 14,816 $ 14,220Interest Income 593 488Other 9,372 6,315Total Revenues - Unrestricted $ 24,781 $ 21,023Expenses - UnrestrictedGeneral and Administrative $ 14,441 $ 14,282Fundraising 153 41Depreciation and Amortization 779 726Other 2,148 2,246Total Expenses - Unrestricted $ 17,521 $ 17,295Change in Net Assets, Unrestricted 7,260 3,728Change in Net Assets, Restricted 659 26,153Change in Total Net Assets $ 7,919 $ 29,881**Total Assets and Net Assets includes temporarily restricted balances of $63,948 and $63,289, in 2012 and 2011, respectively.RHF financial statements are presented for convenience and information purposes only, and while reasonable effortshave been made to ensure the integrity of such information they should not be relied upon. A copy of the audited financialstatements will be provided upon request.