January - December 2021
Harsens Island Transportation Authority Treasures Report
January 10, 2021
Applied and Set up a HITA PO Box August 18, 2020 Address is:
HITA, PO Box 28007, Harsens Island, MI 48028
Cost $128.00 for 1 year
HITA Checking Account
Met with 5/3 Bank to discuss the logistics August 23, 2020.
Applied for EIN for HITA with IRA on August 26, 2020. Faxed application at a cost of $18.59.
Received approval from IRS on December 3, 2020.
Met with Huntington Bank on setting up checking account.
Finalized application for checking account up checking account December 30, 2020.
Expected to receive HITA checks the week of January 18th.
Cash in Checking Account as of 1/10/2021: $887.11.
Donations (August-December): $1125.00
HISCFA Fund Transfer $431.07
Total Cash Received (August-January) $1556.07 Liabilities:
Harsens Island Post Office Gary Beaulac $128.00 Firm Foundations Marketing Margie Baldwin $452.00 Staples (IRS Fax) Gary Beaulac $ 18.59 Total $ 598.59
Net Cash collect less Liabilities (invoices) $957.48
Cash in Checking Account $ 887.11
Still collecting invoices for reconciliation: ($70.37). We have been working in a cash basis from August to current due to no checking account was set up until the end of the year.