AUDITOR'S REPORTS,, 1961-1970

Summary: Free Acres Association financial statements, with gaps, and a 1967 income tax return and 1968 I.R.S. not-for-profit determination letter, prepared by certified public accountants.

The financial statements include a Balance Sheet with assets and liabilities, a Statement of Budget Appropriations, Revenues and Expenditures, and a Statement of Arrears and Sewer Assessments due from leaseholders.

These statements document revenues and expenditures of the Association, including leaseholder tax assessments, taxes to townships, insurance, salaries, postage, and fire and rescue squad donations.