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Very Important People. Very Important Parents. Very Important Player. Browse Abbreviations. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web! Two clicks install ». Download Close. Rate it:. General Physical Preparation Governmental » Military. Global Planetary Product Business » Products.

Gladys Perint Palmer Miscellaneous » Unclassified. Gnus Programming Platform Computing » Software. Green Public Procurement Miscellaneous » Unclassified.

Gay Pride Parade Miscellaneous » Unclassified. Gerards Perl Page Miscellaneous » Unclassified. Their investment in Citra began in We were fortunate to recruit Scott Sanner CEO and an entirely new team to drive Citra and together, we made the key decision to focus the Company on its software solution and are thrilled with the outcome.

Cedar Gate is a leading value-based care performance management company founded in by David B. The company's governing document usually contains an agreement that each member adheres to when dealing with these changes. While members of the company can make arrangements, the operating agreement has to clearly lay out what the arrangement is.

The initial investment of each member is his or her beginning balance. Each member owns a percentage relative to:. When profits or gains are recorded in company books, the amounts increase in capital accounts. How non-monetary contributions are valued depends on the terms of the operating agreement.

If a member contributes property, other members should come to an agreement on the property's fair market value so that the contributor receives proper credit. Capital contributions may also include assumed liabilities and services. The value of services doesn't count as a credit to an individual's capital account because their value may be taxable income to that member.

The amount each member contributes should cover initial expenses of the LLC until the company's earnings are enough to cover the business's ongoing expenses. In the event more contributions are required, credits to members' capital accounts should reflect those additional contributions. If a company doesn't have adequate capital, the LLC could be disregarded, and members may be held personally liable for the company's debts and obligations.

For LLCs with large risks or liabilities, larger capital contributions may be necessary. Some companies are set up to calculate the percentages of the individuals' capital accounts based on amounts of:. MICA is the next step towards a better mitigation program.

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