| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FORM 990-PF PREPARATION FEE | 1,650 | 0 | 0 | 1,650 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCKS SEE ATTCHMNT | 4,274,905 | 3,258,997 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARMLAND AND IMPROVMENTS GIFTED TO | 957,302 | 957,302 | ||
| UNITED METHODIST CHURCH OF | ||||
| CRESCENT CITY ON DEC 2 2011 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| JOSEPH PLANERA ATTN AT LAW | 74,215 | 0 | 0 | 74,215 |
| Item No. | 1 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 35000 |
| Balance Due | 35000 |
| Date of Note | 2011-06 |
| Maturity Date | 2012-06 |
| Repayment Terms | ONE YEAR |
| Interest Rate | 4.1 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAY LEGAL FEES |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 31200 |
| Balance Due | 31200 |
| Date of Note | 2011-12 |
| Maturity Date | 2012-12 |
| Repayment Terms | ONE YEAR |
| Interest Rate | 4.1 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAYMENT OF OPER EXP & PAYROLL |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 3 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2011-05 |
| Maturity Date | 2012-05 |
| Repayment Terms | ONE YEAR |
| Interest Rate | .041 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAYMENT OPERATING EXPENSES |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 4 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 50000 |
| Balance Due | 50000 |
| Date of Note | 2011-07 |
| Maturity Date | 2012-07 |
| Repayment Terms | ONE YEAR |
| Interest Rate | .041 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAYMENT OF SCHOLARSHIP DISTRIB |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 5 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 30000 |
| Balance Due | 30000 |
| Date of Note | 2011-12 |
| Maturity Date | 2012-12 |
| Repayment Terms | ONE YEAR |
| Interest Rate | .041 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAYMENT OF SCHOLORSHIPS |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 6 |
|---|---|
| Lender's Name | M J MINER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 15000 |
| Balance Due | 15000 |
| Date of Note | 2011-01 |
| Maturity Date | 2012-01 |
| Repayment Terms | ONE YEAR |
| Interest Rate | .041 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | PAYMENT OPERATING EXP |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT DEPR | 8,991 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL REGISTRATION FEE | 10 | 0 | 0 | 10 |
| MAINTENANCE AND REPAIRS | 7,815 | 7,815 | 0 | 0 |
| REAL ESTATE TAXES | 4,427 | 4,427 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NET INVESTMENT INCOME TAX | 1,837 | 0 | 0 | 1,837 |
| PAYROLL TAXES | 2,429 | 0 | 0 | 2,429 |