| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,100 | 1,100 |
| Person Name | Explanation |
|---|---|
| JOHN MEIMARIDIS | |
| ANNIS MEIMARIDIS | |
| JONATHAN MEIMARIDIS | |
| CYNTHIA MEIMARIDIS |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2007-09-05 | 35,657 | 24,746 | 200DB | 5.0000 | 4,365 | |||
| EQUIPMENT | 2007-09-19 | 948 | 516 | 200DB | 7.0000 | 124 | |||
| FURNITURE | 2007-10-06 | 2,640 | 1,737 | 200DB | 5.0000 | 361 | |||
| SECURITY SYSTEM | 2007-10-16 | 2,208 | 1,122 | 200DB | 7.0000 | 310 | |||
| APPLIANCES | 2007-10-16 | 4,469 | 2,940 | 200DB | 5.0000 | 612 | |||
| EQUIPMENT | 2007-10-16 | 759 | 386 | 200DB | 7.0000 | 106 | |||
| PHONE SYSTEM | 2007-11-03 | 927 | 471 | 200DB | 7.0000 | 130 | |||
| TVS | 2007-11-26 | 2,090 | 1,375 | 200DB | 5.0000 | 286 | |||
| FURNITURE | 2008-04-08 | 2,680 | 1,393 | 200DB | 5.0000 | 515 | |||
| FURNITURE | 2008-05-13 | 4,277 | 2,224 | 200DB | 5.0000 | 821 | |||
| FURNITURE | 2008-07-11 | 1,479 | 769 | 200DB | 5.0000 | 284 | |||
| FURNITURE | 2008-08-20 | 680 | 353 | 200DB | 5.0000 | 131 | |||
| FURNITURE | 2008-09-23 | 4,127 | 2,146 | 200DB | 5.0000 | 792 | |||
| FURNITURE | 2008-10-21 | 845 | 439 | 200DB | 5.0000 | 163 | |||
| FURNITURE | 2008-11-12 | 2,659 | 1,383 | 200DB | 5.0000 | 510 | |||
| FURNITURE | 2008-12-31 | 1,860 | 204 | 150DB | 20.0000 | 124 | |||
| APARTMENT-5 UNITS | 2008-02-20 | 148,750 | 10,142 | S/L | 27.5000 | 5,409 | |||
| LAND-5 UNITS | 2008-02-20 | 26,250 | |||||||
| FURNITURE | 2009-01-22 | 5,279 | 1,056 | 200DB | 5.0000 | 1,689 | |||
| FURNITURE | 2009-04-14 | 716 | 143 | 200DB | 5.0000 | 229 | |||
| FURNITURE | 2009-06-20 | 1,435 | 287 | 200DB | 5.0000 | 459 | |||
| FURNITURE | 2009-07-01 | 1,535 | 307 | 200DB | 5.0000 | 491 | |||
| 2001 FORD FOCUS | 2009-10-08 | 2,820 | 564 | 200DB | 5.0000 | 451 | |||
| 1994 FORD TAURUS | 2009-12-18 | 880 | 176 | 200DB | 5.0000 | 141 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 2001 FORD FOCUS | 2009-10 | PURCHASE | 2010-11 | 1,800 | 2,820 | -5 | 1,015 | |||
| 1994 FORD TAURUS | 2009-12 | PURCHASE | 2010-12 | 563 | 880 | 317 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 226,020 | 72,052 | 153,968 | 153,968 | |
| 26,250 | 26,250 | 26,250 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE SUPPLIES | 213 | |||
| POSTAGE | 293 | |||
| ADVERTISING | 120 | |||
| AUTOMOBILE EXPENSE | 1,832 | 1,832 | ||
| DUES | ||||
| MEDICAL EXPENSE | 122 | 122 | ||
| APARTMENT SUPPLIES | 2,572 | 2,573 | ||
| VEHICLE ASSISTANCE | 563 | 563 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OFFICER EXPENSES PAYABLE | 1,653 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
VEHICLE LOAN RECEIVABLE |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF MICHIGAN FEE | 20 | |||
| PROPERTY TAXES |