| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Locey, Cecil & Associates, Ltd. AUDIT/TAX PREPARATION | 7,200 | 7,200 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND, BUILDING AND EQUIPMENTS | 967,816 | 242,837 | 724,979 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| REPLACEMENT RESERVE | 29,660 | 36,126 | 36,126 |
| TENANT SECURITY DEPOSIT | 1,864 | 2,142 | 2,142 |
| ESCROW FOR TAXES AND INSURANCE | 15,257 | 9,358 | 9,358 |
| RESIDUAL RECEIPTS RESERVE | 20,044 | 20,073 | 20,073 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Other renting exp | 319 | 319 | ||
| Office expense | 3,751 | 3,751 | ||
| Manager Superintendent Salaries | 7,272 | 7,272 | ||
| Bookkeeping exp | 576 | 576 | ||
| Bad debts | 1,456 | 1,456 | ||
| Advertising | 150 | 150 | ||
| Property insurance | 1,625 | 1,625 | ||
| Benefits for allocated services | 3,163 | 3,163 | ||
| Utilities | 19,862 | 19,862 | ||
| Operating supplies | 698 | 698 | ||
| Contracted services | 7,159 | 7,159 | ||
| HVAC | 325 | 325 | ||
| Vehicle/maint equip | 27 | 27 | ||
| Garbage/Trash Removal | 806 | 806 | ||
| Security/Payroll Contract | 360 | 360 | ||
| Conventions | 190 | 190 | ||
| Legal | 245 | 245 | ||
| Total operating Payroll | 7,748 | 7,748 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TENANT CHARGE | 410 | 410 | |
| LAUNDRY/VENDING | 640 | 640 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSIT | 1,721 | 1,672 |
| NOTE PAYABLE-RELATED PARTY | 73,801 | 73,801 |
| TENANT SECURITY DEPOSIT | 1,721 | 1,672 |
| NOTE PAYABLE-RELATED PARTY | 73,801 | 73,801 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSIT | 1,721 | 1,672 |
| NOTE PAYABLE-RELATED PARTY | 73,801 | 73,801 |
| TENANT SECURITY DEPOSIT | 1,721 | 1,672 |
| NOTE PAYABLE-RELATED PARTY | 73,801 | 73,801 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Wallick property mgmt. | 3,956 | 3,956 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property taxes | 11,427 | 11,427 | ||
| Payroll taxes for allocated services | 2,873 | 2,873 |