| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,345 | 194 | 3,151 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN WILLOW VISTA | AT COST | 235,201 | 235,201 |
| INVESTMENT IN MILDRED SMITH I | AT COST | 20,552 | 20,552 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 9,611 | 558 | 9,053 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | CAPITAL FUND SERVICES INC |
| Lender's Title | LENDER |
| Relationship to Insider | |
| Original Amount of Loan | 290144 |
| Balance Due | 428144 |
| Date of Note | 2011-08 |
| Maturity Date | 2013-06 |
| Repayment Terms | |
| Interest Rate | 6.000000000000 |
| Security Provided by Borrower | MORTGAGE ON LAND, BUILDING, & EQUIPMENT |
| Purpose of Loan | ACQUIRE AND DEVELOPMENT AFFORDABLE HOUSING PROJECT |
| Description of Lender Consideration | INTEREST IN LAND, BUILDING, & EQUIPMENT |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | CAPITAL FUND SERVICES INC |
| Lender's Title | LENDER |
| Relationship to Insider | |
| Original Amount of Loan | 625000 |
| Balance Due | 519270 |
| Date of Note | 2012-12 |
| Maturity Date | 2014-12 |
| Repayment Terms | |
| Interest Rate | 6.000000000000 |
| Security Provided by Borrower | MORTGAGE FOR ACQUISITION AND OPERATING EXPENSES FOR GP INTERESTS |
| Purpose of Loan | MORTGAGE FOR ACQUISITION AND OPERATING EXPENSES FOR GP INTERESTS |
| Description of Lender Consideration | GENERAL PARTNER INTEREST IN OPERATING PARTNERSHIPS |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PRE-DEVELOPMENT COSTS - IND VETS WIP | 39,900 | 90,442 | 90,442 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 8,800 | 511 | 8,289 | 0 |
| CONSULTING-DEVELOPMENT | 152,457 | 8,846 | 143,611 | 0 |
| ADMINISTRATIVE | 43,944 | 2,550 | 41,394 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| DEVELOPER SERVICE FEE INCOME | 527,295 | 527,295 | |
| INCENTIVE MANAGEMENT FEE INCOME | 16,359 | 16,359 | |
| ADMINISTRATIVE FEE INCOME | 7,306 | 7,306 | |
| PROFESSIONAL SERVICE FEE | 145,147 | 145,147 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| TRILOGY GP INC |
1118 SOUTH WASHINGTON AVENUE LANSING,MI48910 |
46-1614937 | THERE WAS NO TRANSFER TO/FROM THIS ENTITY DURING 2013. | 0 |
| LINCOLN APARTMENTS LLC |
1118 SOUTH WASHINGTON AVENUE LANSING,MI48910 |
80-0764045 | THERE WAS NO TRANSFER TO/FROM THIS ENTITY DURING 2013. | 0 |
| Total | 0 | |||