Page 12 - Anthem House Academic Year 2021-22 Quarter 2

Gainesville Properties III, LLC
Anthem House
Budget Comparison Report
Managed by RISE Residential
As of January 31, 2022

Prior MTD Prior YTD Current
Month to Date 01/31/2022 01/31/2021 Year to Date 01/31/2022 01/31/2021 Fiscal Year
Actual Budget Variance Actual Variance Actual Budget Variance Actual Variance Budget

CONTROLLABLE EXPENSES
PAYROLL OFFICE
1,339 2,666 1,327 0 (1,339) 6093 - Leasing Manager Payroll 15,453 15,995 544 0 (15,452) 31,991
4,231 5,000 769 0 (4,231) 6330 - General Manager 26,185 30,000 3,814 0 (26,186) 60,000
951 0 (951) 0 (951) 6332 - Assistant General Manager 951 0 (951) 0 (951) 0
0 1,800 1,800 0 0 6335 - Leasing Salaries 2,652 10,800 8,148 0 (2,652) 21,600
0 0 0 0 0 6338 - Property Bonuses 0 10,126 10,126 0 0 20,252
0 1,000 1,000 0 0 6339 - Leasing Bonuses 850 2,000 1,150 0 (850) 8,000
6,521 10,466 3,945 0 (6,521) TOTAL PAYROLL OFFICE 46,091 68,921 22,831 0 (46,090) 141,843

PAYROLL MAINTENANCE
0 4,583 4,584 0 0 6511 - Maintenance Supervisor 17,071 27,500 10,429 0 (17,071) 54,999
1,602 1,417 (186) 0 (1,602) 6512 - Housekeeping/Porter Salaries 9,412 8,502 (910) 0 (9,412) 17,004
1,602 6,000 4,398 0 (1,602) TOTAL PAYROLL MAINTENANCE 26,483 36,002 9,519 0 (26,483) 72,003
PAYROLL RELATED EXPENSES
18 23 5 0 (18) 6711 - State Unemployment Tax 39 1,065 1,027 0 (39) 1,430
48 6 (42) 0 (48) 6712 - Federal Unemployment 105 283 176 0 (106) 379
617 1,259 643 0 (617) 6713 - Employer Portion of FICA 7,641 8,026 386 0 (7,641) 16,359
118 322 204 0 (118) 6722 - Workers Compensation 1,475 1,997 522 0 (1,475) 4,037
(284) 1,840 2,123 0 283 6723 - Health Insurance Expense 3,367 11,039 7,672 0 (3,367) 22,078
(3) 90 94 0 4 6724 - Dental & Vision Insurance 750 540 (210) 0 (750) 1,080
(8) 134 141 0 8 6725 - Long/Short Term Disability 147 850 703 0 (147) 1,732
(34) 48 82 0 34 6726 - Life Insurance 206 288 82 0 (206) 576
(23) 91 115 0 23 6730 - 401k Contributions Expense (23) 551 574 0 23 1,102
69 85 15 0 (69) 6108 - Payroll Fees 491 510 19 0 (491) 1,020
518 3,898 3,380 0 (518) TOTAL PAYROLL RELATED EXP. 14,198 25,149 10,951 0 (14,198) 49,793

8,641 20,364 11,723 0 (8,641) TOTAL PAYROLL 86,772 130,072 43,301 0 (86,771) 263,639

GENERAL & ADMINISTRATIVE
638 240 (398) 0 (638) 6116 - Recruiting & Hiring 638 240 (398) 0 (638) 240
0 0 0 0 0 6228 - General Cleaning 210 0 (210) 0 (210) 0

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