| Person Name | Explanation |
|---|---|
| RAVJIBHAI M PATEL | |
| VIJAY K PATEL | |
| NATUBHAI M PAEL | |
| MAYUR R PATEL | |
| KANUBHAI S PATEL | |
| ASHWIN C PATEL |
| 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 | 2006-05-15 | 1,816,371 | 308,550 | S/L | 39.0000 | 46,574 | |||
| LAND | 2006-05-15 | 450,000 | |||||||
| CHAIRS | 2006-06-22 | 13,620 | 13,012 | 200DB | 7.0000 | 608 | |||
| CHAIRS | 2006-07-14 | 6,663 | 6,365 | 200DB | 7.0000 | 298 | |||
| BUILDING ADDITION | 2007-08-01 | 209,217 | 28,834 | S/L | 39.0000 | 5,365 | |||
| AUDIO-VISUAL EQUIPMENT | 2007-06-26 | 4,000 | 3,465 | 200DB | 7.0000 | 357 | |||
| TV, STAND & CABLE | 2007-09-18 | 1,667 | 1,667 | 200DB | 5.0000 | ||||
| AUDIO-VISUAL EQUIPMENT | 2007-08-06 | 1,400 | 1,213 | 200DB | 7.0000 | 125 | |||
| REFRIGERATOR | 2007-09-17 | 450 | 390 | 200DB | 7.0000 | 40 | |||
| CARPETING | 2007-12-31 | 3,000 | 3,000 | 200DB | 5.0000 | ||||
| WASHER | 2008-04-13 | 693 | 620 | 200DB | 7.0000 | 31 | |||
| BULLETIN BOARD | 2008-04-13 | 1,336 | 1,195 | 200DB | 7.0000 | 59 | |||
| FIXTURES | 2008-07-20 | 1,900 | 1,679 | 200DB | 7.0000 | 84 | |||
| COMPUTERS | 2008-09-28 | 1,562 | 1,507 | 200DB | 5.0000 | 55 | |||
| SECURITY SYSTEM | 2008-10-05 | 9,613 | 8,406 | 200DB | 7.0000 | 420 | |||
| FIXTURES | 2008-10-19 | 5,686 | 4,972 | 200DB | 7.0000 | 249 | |||
| FIXTURES | 2008-02-24 | 3,382 | 3,359 | 200DB | 5.0000 | 23 | |||
| BUILDING | 2009-12-03 | 215,530 | 16,810 | S/L | 39.0000 | 5,526 | |||
| LAND | 2009-12-03 | 80,935 | |||||||
| IMPROVEMENTS | 2009-10-25 | 38,064 | 3,131 | S/L | 39.0000 | 976 | |||
| HVAC EQUIPMENT | 2009-08-01 | 1,770 | 1,494 | 200DB | 7.0000 | 79 | |||
| COMPUTER EQUIPMENT | 2010-01-27 | 948 | 811 | 200DB | 5.0000 | 55 | |||
| IMPROVEMENTS | 2011-12-31 | 136,640 | 3,650 | S/L | 39.0000 | 3,503 | |||
| STATUTE | 2012-06-30 | 21,019 | 12,011 | 200DB | 7.0000 | 2,574 | |||
| IMPROVEMENTS | 2012-06-30 | 118,088 | 1,640 | S/L | 39.0000 | 3,028 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING & IMPROVEMENTS | 2,536,909 | 430,587 | 2,106,322 | 2,536,909 |
| FURNITURE & FIXTURES | 75,709 | 67,221 | 8,488 | 75,709 |
| LAND | 530,935 | 530,935 | 530,935 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 1,603 | |||
| INSURANCE - LIABILITY | 12,632 | |||
| OFFICE EXPENSES | 8,166 | |||
| POSTAGE | 3,994 | 3,994 | ||
| RENT - OTHER | 13,894 | 13,894 | ||
| REPAIRS & MAINTENANCE | 3,985 | |||
| SECURITY SERVICES | 1,825 | |||
| SERVICES - RELIGIOUS | 11,782 | 11,782 | ||
| SUPPLIES | 7,279 | |||
| TELEPHONE | 3,775 | |||
| UTILITIES | 13,515 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX LIABILITIES | 3,241 | |
| FICA | 1,024 | |
| IWT | 176 | |
| U/C | 53 | |
| FUTA | 42 | |
| LOANS PAYABLE | 100,000 | 100,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,242 |
| Name | Address |
|---|---|
| ALPESH MINA PATEL |
5675 EMERALD CT MENTOR,OH44060 |
| ALPESH B SHAH |
5 BLACKRIDGE CT CATONSVILLE,MD21228 |
| BIPINCHANDRA R SHAH |
5 BLACKRIDGE CT CATONSVVILLE,MD21228 |
| KANAIYALAL P PATEL |
124 BROOKFIELD DR MACON,GA31210 |
| MADHUBEN R SATISH PATEL |
2717 LAKE VALLEY PLACE WESLEYCHAPEL,FL33543 |
| MAHESH S PATEL |
44126 N SIERRA HWY LANCASTER,CA93534 |
| PARESH D PATEL |
101 OLDE SALEM DR JAMESTOWN,NC27282 |
| PUNAM M PATEL |
1115 PINECREST DR ROCK HILL,SC29732 |
| RAVJIBHAI M PATEL |
200 WYOMA LANE SCHAUMBURG,IL60193 |
| SAT KAIVAL INC |
1801 S CENTRAL AVE MARSHFIELD,WI54449 |
| UMESHKUMAR D PATEL |
5109 WEST MILL ROAD BROADVIEW HEIGHTS,OH44147 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 8,456 |