| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2010-01-12 | 517,500 | SL | 39.000000000000 | 13,269 | 0 | 13,269 | ||
| LAND | 2010-01-12 | 57,500 | L | 0 | 0 | 0 | |||
| IMPROVEMENTS | 2010-01-12 | 116,175 | SL | 39.000000000000 | 2,979 | 0 | 2,979 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING & IMPROVEMENTS | 633,675 | 16,248 | 617,427 | 633,675 |
| LAND | 57,500 | 0 | 57,500 | 57,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMON AREA MAINTENANCE | 2,126 | 0 | 0 | 2,126 |
| INSURANCE | 1,443 | 0 | 0 | 1,443 |
| LICENSES & FEES | 54 | 0 | 0 | 54 |
| PROFESSIONAL FEES | 3,547 | 0 | 0 | 3,547 |
| PUBLIC RELATIONS | 700 | 0 | 0 | 700 |
| REAL ESTATE TAXES | 24,061 | 0 | 0 | 24,061 |
| REPAIRS & MAINTENANCE | 660 | 0 | 0 | 660 |
| SECURITY | 75 | 0 | 0 | 75 |
| WEBSITE MAINTENANCE | 395 | 0 | 0 | 395 |
| Name | Address |
|---|---|
| STEPHEN M MULLINS |
1107 MICHIGAN AVENUE EVANSTON,IL60202 |
|
ESSEM CORPORATION |
900 CHICAGO AVENUE SUITE 105 EVANSTON,IL60202 |