| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,500 | 18 | 2,723 | 759 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| DEFERRED FINANCE FEES | 2011-01-28 | 8,851 | 1,696 | 120.000000000000 | 885 | 0 | 885 | 2,581 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2001-04-01 | 55,000 | L | 0 % | 0 | 0 | 0 | ||
| BUILDINGS | 2001-04-01 | 2,426,692 | 710,313 | ADS | 40.000000000000 | 60,667 | 0 | 60,667 | |
| EQUIPMENT | 2001-04-01 | 65,101 | 61,669 | ADS | 12.000000000000 | 3,432 | 0 | 3,432 | |
| BUILDING REHAB | 2001-09-02 | 62,485 | 17,639 | ADS | 40.000000000000 | 1,562 | 0 | 1,562 | |
| LAND IMPROVEMENTS | 2001-09-02 | 15,695 | 8,930 | ADS | 20.000000000000 | 784 | 0 | 784 | |
| EQUIPMENT REHAB | 2001-09-02 | 115,106 | 109,122 | ADS | 12.000000000000 | 5,984 | 0 | 5,984 | |
| ROOF | 2002-03-01 | 103,290 | 27,867 | ADS | 40.000000000000 | 2,582 | 0 | 2,582 | |
| ALARM PULL CORD SYSTEM | 2002-05-15 | 8,382 | 2,226 | ADS | 40.000000000000 | 210 | 0 | 210 | |
| AIR CONDITIONING UNITS | 2002-08-20 | 8,260 | 2,142 | ADS | 40.000000000000 | 207 | 0 | 207 | |
| HEATERS | 2002-02-19 | 1,113 | 779 | SL | 5.000000000000 | 0 | 0 | 0 | |
| UTILITY FOOT TRUCK & LID | 2002-10-10 | 921 | 645 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CHAIR & END TABLES | 2002-12-12 | 2,640 | 1,848 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CARPET | 2002-11-01 | 6,258 | 4,381 | SL | 5.000000000000 | 0 | 0 | 0 | |
| 12 A/C UNITS | 2003-07-01 | 8,936 | 2,113 | ADS | 40.000000000000 | 223 | 0 | 223 | |
| REFRIGERATORS | 2003-07-01 | 501 | 501 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SPRINKLER, CONCRETE BARRIERS, PAVING | 2003-07-01 | 7,518 | 3,571 | SL | 20.000000000000 | 376 | 0 | 376 | |
| OFFICE REMODEL | 2003-07-01 | 9,418 | 2,227 | ADS | 40.000000000000 | 235 | 0 | 235 | |
| ROOF DRAINS | 2003-07-01 | 3,175 | 751 | ADS | 40.000000000000 | 79 | 0 | 79 | |
| CARPET, PAINT | 2003-07-01 | 9,093 | 9,093 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COVER PIPES | 2003-07-01 | 981 | 981 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BUILDING ADDITION | 2004-07-01 | 23,762 | 5,025 | ADS | 40.000000000000 | 594 | 0 | 594 | |
| EQUIPMENT | 2004-07-01 | 13,632 | 12,875 | ADS | 9.000000000000 | 757 | 0 | 757 | |
| PARKING LOT | 2004-07-01 | 102,792 | 43,687 | SL | 20.000000000000 | 5,140 | 0 | 5,140 | |
| FURNITURE AND PHONE | 2005-07-01 | 3,876 | 2,907 | ADS | 10.000000000000 | 388 | 0 | 388 | |
| APPLIANCES | 2006-07-01 | 3,018 | 2,138 | ADS | 9.000000000000 | 335 | 0 | 335 | |
| EQUIPMENT | 2006-07-01 | 1,557 | 1,103 | ADS | 9.000000000000 | 173 | 0 | 173 | |
| APPLIANCES | 2005-11-30 | 3,845 | 3,204 | ADS | 9.000000000000 | 427 | 0 | 427 | |
| DOORS | 2005-05-11 | 1,777 | 339 | ADS | 40.000000000000 | 44 | 0 | 44 | |
| DOOR AND AC UNITS (ROOF) | 2005-06-14 | 12,155 | 2,292 | ADS | 40.000000000000 | 304 | 0 | 304 | |
| FENCE AND WINDOW UNIT | 2005-07-15 | 2,583 | 482 | ADS | 40.000000000000 | 65 | 0 | 65 | |
| AC UNITS | 2005-09-13 | 4,038 | 736 | ADS | 40.000000000000 | 101 | 0 | 101 | |
| APPLIANCES | 2005-09-01 | 4,397 | 3,664 | ADS | 9.000000000000 | 489 | 0 | 489 | |
| ELEVATOR REMODELING | 2006-03-01 | 89,399 | 15,179 | ADS | 40.000000000000 | 2,235 | 0 | 2,235 | |
| WINDOWS AND SIDING | 2006-09-01 | 179,051 | 28,163 | ADS | 40.000000000000 | 4,476 | 0 | 4,476 | |
| ELEVATOR REMOD | 2005-12-31 | 27,449 | 4,832 | ADS | 40.000000000000 | 686 | 0 | 686 | |
| CASE TRACTOR | 2005-01-18 | 19,979 | 16,649 | ADS | 9.000000000000 | 1,110 | 0 | 1,110 | |
| POWER WASHER | 2005-05-17 | 865 | 721 | ADS | 9.000000000000 | 96 | 0 | 96 | |
| WINDOWS AND SIDING | 2005-12-30 | 8,857 | 1,559 | ADS | 40.000000000000 | 221 | 0 | 221 | |
| APPLIANCES | 2006-12-01 | 1,694 | 1,153 | ADS | 9.000000000000 | 188 | 0 | 188 | |
| EQUIPMENT | 2006-12-31 | 2,141 | 1,457 | ADS | 9.000000000000 | 238 | 0 | 238 | |
| TILE | 2007-12-01 | 9,679 | 5,512 | ADS | 9.000000000000 | 1,075 | 0 | 1,075 | |
| CABINETS | 2007-12-14 | 8,052 | 4,585 | ADS | 9.000000000000 | 895 | 0 | 895 | |
| SHELVING FOR STORE ROOM | 2007-05-16 | 3,328 | 2,080 | ADS | 9.000000000000 | 370 | 0 | 370 | |
| WASHER & DRYER | 2007-05-16 | 3,186 | 1,991 | ADS | 9.000000000000 | 354 | 0 | 354 | |
| APPLIANCES | 2007-07-01 | 4,185 | 2,499 | ADS | 9.000000000000 | 465 | 0 | 465 | |
| 2000 FORD PICKUP TRUCK | 2007-11-13 | 9,410 | 9,410 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| WINDOWS & SIDING-FINAL | 2007-07-01 | 73,434 | 10,021 | ADS | 40.000000000000 | 1,836 | 0 | 1,836 | |
| LANDSCAPE BRICK WORK | 2008-08-18 | 3,500 | 766 | ADS | 20.000000000000 | 175 | 0 | 175 | |
| OUTDOOR LOGO SIGNAGE | 2008-09-12 | 487 | 107 | ADS | 20.000000000000 | 24 | 0 | 24 | |
| ELECTRICAL | 2008-05-16 | 1,991 | 230 | ADS | 40.000000000000 | 50 | 0 | 50 | |
| FURNACE AND AIR CONDITIONER | 2008-10-17 | 8,150 | 857 | ADS | 40.000000000000 | 204 | 0 | 204 | |
| DINING ROOM WALL | 2008-12-23 | 2,844 | 287 | ADS | 40.000000000000 | 71 | 0 | 71 | |
| CABINETS | 2008-04-17 | 1,815 | 933 | ADS | 9.000000000000 | 202 | 0 | 202 | |
| SECURITY CAMERA SYSTEM | 2008-10-17 | 7,854 | 3,600 | ADS | 9.000000000000 | 764 | 0 | 764 | |
| FLOORING | 2008-12-11 | 10,593 | 4,855 | ADS | 9.000000000000 | 1,177 | 0 | 1,177 | |
| WASHER, STEAMER, REVERSE OSMOSIS MACHINE | 2008-04-17 | 9,516 | 4,890 | ADS | 9.000000000000 | 1,057 | 0 | 1,057 | |
| WASHER | 2008-06-11 | 1,010 | 519 | ADS | 9.000000000000 | 112 | 0 | 112 | |
| FOOD PROCESSOR | 2008-12-03 | 451 | 207 | ADS | 9.000000000000 | 50 | 0 | 50 | |
| RANGES, REFRIGERATOR | 2008-02-13 | 524 | 284 | ADS | 9.000000000000 | 58 | 0 | 58 | |
| REFRIGERATORS, FREEZER, TOASTER | 2008-06-12 | 6,291 | 3,233 | ADS | 9.000000000000 | 699 | 0 | 699 | |
| REFRIGERATOR, STOVE | 2008-07-15 | 666 | 324 | ADS | 9.000000000000 | 74 | 0 | 74 | |
| FREEZER | 2008-10-17 | 425 | 195 | ADS | 9.000000000000 | 47 | 0 | 47 | |
| COMMERCIAL VACUUM | 2008-12-01 | 600 | 275 | ADS | 9.000000000000 | 58 | 0 | 58 | |
| COMPUTER | 2008-03-12 | 1,196 | 1,166 | ADS | 5.000000000000 | 30 | 0 | 30 | |
| COPIER | 2008-12-01 | 3,495 | 2,403 | ADS | 6.000000000000 | 583 | 0 | 583 | |
| LOBBY & DINING ROOM WINDOWS | 2008-04-17 | 15,408 | 1,814 | ADS | 40.000000000000 | 385 | 0 | 385 | |
| DOUBLE ENTRY DOOR | 2008-09-12 | 2,823 | 303 | ADS | 40.000000000000 | 71 | 0 | 71 | |
| EAST ENTRANCE REMODEL | 2008-12-23 | 32,500 | 3,284 | ADS | 40.000000000000 | 813 | 0 | 813 | |
| EAST CANOPY | 2008-12-23 | 37,000 | 3,738 | ADS | 40.000000000000 | 925 | 0 | 925 | |
| BATHROOM REMODEL | 2009-07-27 | 477 | 41 | ADS | 40.000000000000 | 12 | 0 | 12 | |
| ARCH REPAIR | 2009-11-16 | 45,000 | 3,516 | ADS | 40.000000000000 | 1,125 | 0 | 1,125 | |
| KITCHEN REMODEL | 2009-12-14 | 3,578 | 272 | ADS | 40.000000000000 | 89 | 0 | 89 | |
| CABINETS | 2009-11-16 | 19,099 | 6,631 | ADS | 9.000000000000 | 2,122 | 0 | 2,122 | |
| CARPET AND TILE | 2009-12-14 | 15,443 | 5,362 | ADS | 9.000000000000 | 1,716 | 0 | 1,716 | |
| TABLES AND PLATES | 2009-02-10 | 1,723 | 742 | ADS | 9.000000000000 | 191 | 0 | 191 | |
| TABLES | 2009-03-17 | 2,296 | 988 | ADS | 9.000000000000 | 255 | 0 | 255 | |
| WASHER & DRYERS | 2009-04-21 | 2,584 | 1,041 | ADS | 9.000000000000 | 287 | 0 | 287 | |
| PATH BASES FOR WASHER & DRYERS | 2009-05-14 | 600 | 242 | ADS | 9.000000000000 | 67 | 0 | 67 | |
| LIFT CHAIR UNIT-#310 | 2009-09-14 | 1,329 | 498 | ADS | 9.000000000000 | 129 | 0 | 129 | |
| POTS & PANS | 2009-12-31 | 400 | 139 | ADS | 9.000000000000 | 45 | 0 | 45 | |
| TV, DVD, WII FOR REC ROOM | 2009-04-21 | 3,880 | 1,563 | ADS | 9.000000000000 | 431 | 0 | 431 | |
| 4 RANGES & 2 REFRIGERATORS | 2009-04-30 | 1,028 | 414 | ADS | 9.000000000000 | 114 | 0 | 114 | |
| ONE RANGE & ONE REFRIGERATORS | 2009-09-14 | 733 | 275 | ADS | 9.000000000000 | 81 | 0 | 81 | |
| COMPUTER HARD DRIVE | 2009-06-15 | 498 | 361 | ADS | 5.000000000000 | 100 | 0 | 100 | |
| LABTOP & DESKTOP COMPUTER | 2009-08-18 | 2,313 | 1,562 | ADS | 5.000000000000 | 463 | 0 | 463 | |
| RELOCATE 6" WATER LINE | 2010-11-16 | 21,805 | 2,317 | ADS | 20.000000000000 | 1,090 | 0 | 1,090 | |
| SHOWER | 2010-04-08 | 367 | 25 | ADS | 40.000000000000 | 9 | 0 | 9 | |
| ARCHITECT FEES - ENERGY & RESOURCE EFFICIENCY | 2010-12-21 | 22,501 | 1,148 | ADS | 40.000000000000 | 563 | 0 | 563 | |
| CABINETS | 2010-02-11 | 4,846 | 1,548 | ADS | 9.000000000000 | 538 | 0 | 538 | |
| CARPET & TILE | 2010-04-08 | 4,987 | 1,455 | ADS | 9.000000000000 | 554 | 0 | 554 | |
| FREEZER - MAIN KITCHEN | 2010-10-15 | 599 | 141 | ADS | 9.000000000000 | 67 | 0 | 67 | |
| RANGES | 2010-02-16 | 638 | 204 | ADS | 9.000000000000 | 71 | 0 | 71 | |
| RANGES & REFRIGERATORS | 2010-05-13 | 2,009 | 586 | ADS | 9.000000000000 | 223 | 0 | 223 | |
| TENANT FURNITURE | 2010-11-15 | 1,490 | 352 | ADS | 9.000000000000 | 166 | 0 | 166 | |
| VACUUM | 2010-04-08 | 505 | 147 | ADS | 9.000000000000 | 49 | 0 | 49 | |
| OFFICE EQUIPMENT | 2010-06-17 | 1,119 | 326 | ADS | 9.000000000000 | 124 | 0 | 124 | |
| FORD PICKUP | 2010-12-01 | 13,800 | 5,865 | ADS | 5.000000000000 | 2,760 | 0 | 2,760 | |
| ARCHITECT FEES - ENERGY & RESOURCE EFFICIENCY | 2011-04-14 | 806 | 34 | ADS | 40.000000000000 | 20 | 0 | 20 | |
| SHOWER UPGRADES | 2011-06-15 | 1,981 | 76 | ADS | 40.000000000000 | 50 | 0 | 50 | |
| ENERGY UPGRADES | 2011-09-16 | 113,444 | 3,663 | ADS | 40.000000000000 | 2,836 | 0 | 2,836 | |
| BATHROOM UPGRADES | 2011-12-15 | 4,861 | 127 | ADS | 40.000000000000 | 122 | 0 | 122 | |
| ADA APARTMENT RENOVATION PROJECT | 2011-12-19 | 29,719 | 774 | ADS | 40.000000000000 | 743 | 0 | 743 | |
| DRINKING FOUNTAIN | 2011-04-14 | 570 | 95 | ADS | 9.000000000000 | 63 | 0 | 63 | |
| FLOORING | 2011-10-14 | 3,150 | 95 | ADS | 40.000000000000 | 79 | 0 | 79 | |
| FRONT LOAD WASHER | 2011-05-17 | 967 | 161 | ADS | 9.000000000000 | 107 | 0 | 107 | |
| APPLIANCES | 2011-04-14 | 2,745 | 458 | ADS | 9.000000000000 | 305 | 0 | 305 | |
| DINING ROOM CHAIRS | 2011-09-16 | 4,500 | 750 | ADS | 9.000000000000 | 500 | 0 | 500 | |
| APPLIANCES | 2011-10-14 | 461 | 77 | ADS | 9.000000000000 | 51 | 0 | 51 | |
| APPLIANCES | 2011-12-20 | 784 | 131 | ADS | 9.000000000000 | 87 | 0 | 87 | |
| VACUUM CLEANER | 2011-11-10 | 500 | 83 | ADS | 9.000000000000 | 28 | 0 | 28 | |
| OFFICE DESK | 2011-05-17 | 850 | 128 | ADS | 10.000000000000 | 85 | 0 | 85 | |
| WEST PARKING LOT PROJECT | 2011-07-18 | 21,739 | 1,630 | ADS | 20.000000000000 | 1,087 | 0 | 1,087 | |
| APARTMENT UPGRADES | 2012-08-16 | 57,420 | 539 | ADS | 40.000000000000 | 1,435 | 0 | 1,435 | |
| ADA APARTMENT RENOVATION | 2012-03-16 | 909 | 18 | ADS | 40.000000000000 | 23 | 0 | 23 | |
| BATHROOM UPGRADES | 2012-04-12 | 801 | 14 | ADS | 40.000000000000 | 20 | 0 | 20 | |
| CABINETS & COUNTERTOP PROJECT | 2012-11-19 | 11,728 | 163 | ADS | 9.000000000000 | 1,303 | 0 | 1,303 | |
| FLOORING | 2012-12-17 | 16,185 | 225 | ADS | 9.000000000000 | 1,798 | 0 | 1,798 | |
| FOOD PROCESSOR | 2012-10-15 | 899 | 12 | ADS | 9.000000000000 | 100 | 0 | 100 | |
| APPLIANCES | 2012-08-31 | 3,948 | 165 | ADS | 9.000000000000 | 439 | 0 | 439 | |
| STEP LADDERS | 2012-05-17 | 434 | 30 | ADS | 9.000000000000 | 48 | 0 | 48 | |
| OFFICE DESK | 2012-11-19 | 640 | 8 | ADS | 10.000000000000 | 64 | 0 | 64 | |
| TRASH CAN CEMENT PAD | 2012-07-16 | 2,272 | 43 | ADS | 20.000000000000 | 114 | 0 | 114 | |
| FLAG POLE/LIGHT PROJECT | 2012-08-16 | 3,034 | 57 | ADS | 20.000000000000 | 152 | 0 | 152 | |
| REHAB PROJECT | 2013-11-19 | 14,308 | ADS | 40.000000000000 | 45 | 0 | 45 | ||
| SECURITY CAMERA SYSTEM | 2013-04-15 | 14,032 | ADS | 9.000000000000 | 974 | 0 | 974 | ||
| FLOORING | 2013-11-19 | 18,010 | ADS | 5.000000000000 | 450 | 0 | 450 | ||
| EMERGENCY EXIT DOOR PROJECT | 2013-11-19 | 2,300 | ADS | 40.000000000000 | 7 | 0 | 7 | ||
| DOOR REPLACEMENTS - UNIT #111 | 2013-12-31 | 565 | ADS | 40.000000000000 | 1 | 0 | 1 | ||
| DISHWASHER | 2013-02-19 | 950 | ADS | 10.000000000000 | 83 | 0 | 83 | ||
| 2 MAYTAG COMMERCIAL WASHERS | 2013-02-20 | 2,825 | ADS | 10.000000000000 | 247 | 0 | 247 | ||
| DINING ROOM FURNITURE | 2013-08-20 | 2,493 | ADS | 10.000000000000 | 94 | 0 | 94 | ||
| GE RANGE - UNIT 407 | 2013-01-22 | 385 | ADS | 12.000000000000 | 28 | 0 | 28 | ||
| REFRIGERATOR - UNIT 408 | 2013-03-01 | 421 | ADS | 12.000000000000 | 31 | 0 | 31 | ||
| RANGE - UNIT 311 | 2013-03-01 | 385 | ADS | 12.000000000000 | 28 | 0 | 28 | ||
| PATIO FURNITURE | 2013-05-21 | 800 | ADS | 12.000000000000 | 42 | 0 | 42 | ||
| 2 VACUUM CLEANERS | 2013-06-07 | 1,118 | ADS | 5.000000000000 | 140 | 0 | 140 | ||
| OFFICE EQUIPMENT | 2013-02-19 | 498 | ADS | 10.000000000000 | 44 | 0 | 44 | ||
| COMPUTER & MONITOR | 2013-04-10 | 616 | ADS | 5.000000000000 | 77 | 0 | 77 | ||
| KONICA COPIER | 2013-07-16 | 4,819 | ADS | 5.000000000000 | 361 | 0 | 361 | ||
| MANHOLE/SEWER LINE PROJECT | 2013-12-01 | 26,165 | ADS | 20.000000000000 | 164 | 0 | 164 | ||
| EQUIPMENT | 2004-07-01 | 1,469 | 1,387 | ADS | 9.000000000000 | 82 | 0 | 82 | |
| EQUIPMENT | 2001-04-01 | 1,567 | 1,484 | ADS | 12.000000000000 | 66 | 0 | 66 | |
| REFRIGERATORS | 2003-07-01 | 261 | 261 | SL | 5.000000000000 | 0 | 0 | 0 | |
| REFRIGERATORS | 2003-07-01 | 261 | 261 | SL | 5.000000000000 | 0 | 0 | 0 | |
| REFRIGERATORS | 2003-07-01 | 261 | 261 | SL | 5.000000000000 | 0 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RESIDUAL RECEIPTS | AT COST | 301,452 | 301,452 |
| INVESTMENT IN PARVIEW VILLAGE, LLLP | AT COST | 200,000 | 200,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DEPRECIABLE ASSETS | 4,133,153 | 1,336,874 | 2,796,279 | 2,796,280 |
| LAND | 55,000 | 0 | 55,000 | 55,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MORTGAGE ESCROW DEPOSITS | 21,534 | 4,512 | 4,512 |
| TENANT SECURITY DEPOSITS | 25,380 | 28,964 | 28,964 |
| NET INTANGIBLE ASSETS | 7,155 | 6,270 | 6,270 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ASSISTED LIVING | 48,147 | 0 | 37,653 | 10,494 |
| MGMT CO EMPLOYEE CHARGEBACK | 159,222 | 830 | 123,869 | 34,523 |
| OFFICE EXPENSES | 44,106 | 0 | 34,493 | 9,613 |
| AMORTIZATION | 885 | 0 | 885 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENT REVENUE | 311,783 | 311,783 | |
| LAUNDRY AND VENDING | 5,323 | 5,323 | |
| MISCELLANEOUS REVENUE | 176,686 | 176,686 | |
| TENANT CHARGES | 2,398 | 2,398 | |
| MEAL SERVICE INCOME | 53,526 | 53,526 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSITS | 15,748 | 17,114 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 35,173 | 183 | 27,363 | 7,626 |