Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
Page 11
Page 12
The following is a summary of information contained in RCACs annual financial statements for fiscal years 2015 and 2014. Complete financial statements with the associated independent auditors report are available at www.rcac.org. Condensed Balance Sheets as of September 30 2015 2014 ASSETS cash and investments 20750176 21049085 loans receivable net 59248686 56907886 grants contracts and other receivables 3154963 2436210 fixed assets 2847654 2713666 other assets 4226760 2880877 total assets 90228239 85987724 LIABILITIES AND NET ASSETS accounts payable accrued liabilities 2205056 2693572 grants payable 1124741 1122131 notes and bonds payable 54044339 51998446 net assets 32854103 30173575 total liabilities and net assets 90228239 85987724 Condensed Statements of Activity for the 12 Months Ending September 30 2015 2014 REVENUE grants and contracts 13262779 12059855 loan fees and interest 3494374 2972477 investment income 110167 153861 other 44899 257697 total revenue 16912219 15443890 EXPENSES loan fund 2031986 2226148 housing 3240044 3242238 community environmental 5556047 4294412 other programs 594742 774359 fundraising 268006 247675 rental operations 149375 132053 management and general 2391491 2431485 total expenses 14231691 13348370 increase in net assets 2680528 2095520 consisting of change in unrestricted net assets 2717391 1612429 change in temporarily restricted net assets 36863 483091 2680528 2095520 Financials Financial Information 65 70 75 80 85 90 20152014201320122011 0 5 10 15 20 25 30 35 20152014201320122011 Five-Year History of Total Assets Millions of Dollars Five-Year History of Net Assets Millions of Dollars