Financials
Statements of Financial Position (Audited)
| |
September 30,
2012
|
September 30,
2011
|
|
ASSETS
|
|
Cash and cash equivalents
|
$ 22,115,325
|
$ 16,257,457
|
|
Mortgage loans receivable
|
$ 35,193,105
|
$ 36,636,915
|
|
Allowance for doubtful loans
|
($ 1,692,105)
|
($ 1,642,319)
|
|
Other assets
|
$ 553,455
|
$ 514,778
|
|
Total Assets
|
$ 56,169,566
|
$ 51,766,831
|
|
LIABILITIES AND NET ASSETS
|
|
CGF Savings Certificates
|
$ 16,796,331
|
$ 13,383,351
|
|
Other liabilities
|
$ 120,694
|
$ 144,887
|
|
Total Liabilities
|
$ 16,917,025
|
$ 13,528,238
|
|
Net Assets
|
$ 39,252,541
|
$ 38,238,593
|