| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,740 | 783 | 957 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BOEING CO | 48,658 | 127,380 |
| ELI LILLY & CO | 12,463 | 64,850 |
| VERIZON COMMUNICATIONS | 131,188 | 203,460 |
| CHEVRONTEXACO CORP | 33,412 | 183,753 |
| HCP, INC. | 10,871 | 30,974 |
| CONAGRA | 19,204 | 26,432 |
| FORTUNE BRANDS, INC. | 4,361 | 41,110 |
| MOTOROLA SOLUTIONS | 10,293 | 10,821 |
| XCEL ENERGY | 10,958 | 14,136 |
| INTEL CORP | 83,294 | 139,280 |
| ALLIANT ENERGY | 4,592 | 44,217 |
| GLAXO WELCOME PLC | 56,129 | 45,970 |
| CONOCOPHILLIPS | 73,179 | 61,216 |
| BP PLC SPONS ADR | 40,469 | 43,950 |
| MCDONALDS | 23,053 | 94,810 |
| DEAN FOODS CO | 15,974 | 13,250 |
| ALLSTATE CORP | 55,175 | 61,370 |
| JP MORGAN CHASE & CO | 41,883 | 60,240 |
| CENTURYLINK | 57,288 | 47,596 |
| ACCO BRANDS (UNIT CORP) | 7,248 | 234,600 |
| MEDTRONIC INC | 25,423 | 30,975 |
| BERKSHIRE HATHAWAY | 36,693 | 69,070 |
| FRONTIER COMMUNICATIONS | 8,118 | 6,354 |
| BRISTOL MYERS SQUIB | 16,878 | 25,590 |
| MERCK & CO NEW | 17,988 | 29,640 |
| HILLSHIRE BRANDS | 0 | 0 |
| WHITEWAVE FOODS CORP | 17,740 | 44,940 |
| PHILLIPS 66 | 4,625 | 32,524 |
| ZOETIS, INC. | 5,878 | 7,390 |
| BEAM, INC | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND - 3100 SO BROADWAY, ENGLEWOOD, CO | 42,326 | 0 | 42,326 | 42,326 |
| BUILDING - 3100 SO BROADWAY, ENGLEWOOD, CO | 25,174 | 0 | 25,174 | 25,174 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WESTERN ASSET ADJ RATE INC. C1 | AT COST | 158,196 | 130,999 |
| WESTERN ASSET GLBL STRAT INC A | AT COST | 316,003 | 319,187 |
| KINDER MORGAN ENERGY PARTNERS | AT COST | 80,537 | 93,280 |
| WESTERN ASSET GOV MM FD | AT COST | 12,854 | 12,854 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 1,170 | 761 | 409 | |
| TELEPHONE | 665 | 266 | 399 | |
| MEETINGS | 4,124 | 1,649 | 2,475 | |
| OFFICE SUPPLIES | 421 | 169 | 252 | |
| BANK CHARGES | 167 | 125 | 42 | |
| WEBSITE | 855 | 342 | 513 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 470 | 1,088 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| H.L.ARKIN-INVESTMENT FEES | 26,779 | 26,779 | 0 | |
| RUSSELL FUNDS-INVESTMENT FEES | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 2,729 | 1,228 | 1,501 | |
| FEDERAL EXCISE TAX, NET | 414 | 0 | 0 |