| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 505 |
| 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 - SKYVIEW | 2003-03-31 | 397,002 | 205,894 | STRAIGHT LINE | 2750.0000000000 % | 14,437 | |||
| BUILDING - MAPLE ARMS | 2003-10-31 | 473,466 | 246,146 | STRAIGHT LINE | 2750.0000000000 % | 17,217 | |||
| IMPROVEMENT - SKYVIEW | 2004-01-01 | 96,701 | 63,477 | STRAIGHT LINE | 0000000010.000000000000 | 5,879 | |||
| IMPROVEMENT - MAPLE ARMS | 2004-01-01 | 97,698 | 82,871 | STRAIGHT LINE | 0000000010.000000000000 | 2,135 | |||
| 2017 TOYOTA CAMRY | 2014-11-28 | 18,200 | 9,100 | STRAIGHT LINE | 0000000007.000000000000 | 2,600 | |||
| LAUNDRY EQUIPMENT | 2008-07-04 | 11,084 | 8,645 | STRAIGHT LINE | 0000000005.000000000000 | 582 | |||
| WEBSITE AND OTHER | 2006-09-15 | 4,608 | 4,168 | STRAIGHT LINE | 0000000005.000000000000 | 294 | |||
| LAND IMPROVEMENTS | 2003-03-31 | 63,175 | 45,452 | STRAIGHT LINE | 0000000010.000000000000 | 5,432 | |||
| IMPROVEMENT - MAPLE ARMS | 2018-07-20 | 4,878 | STRAIGHT LINE | 0000000010.000000000000 | 244 | ||||
| IMPROVEMENT - SKYVIEW | 2018-10-12 | 2,000 | STRAIGHT LINE | 0000000010.000000000000 | 100 | ||||
| LAUNDRY EQUIPMENT | 2018-09-14 | 1,230 | STRAIGHT LINE | 0000000005.000000000000 | 123 | ||||
| COMPUTER EQUIP-NEW SERVER | 2018-12-21 | 2,400 | STRAIGHT LINE | 0000000005.000000000000 | 240 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHPI COMMON STOCK | 75 | 75 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND - MAPLE ARMS | 52,200 | 52,200 | 52,200 | |
| LAND - SKYVIEW | 44,111 | 44,111 | 44,111 | |
| MAPLE ARMS APARTMENT | 587,367 | 368,933 | 218,434 | 218,434 |
| SKYVIEW APARTMENT | 540,674 | 339,844 | 200,830 | 200,830 |
| EQUIPMENT | 33,892 | 25,740 | 8,152 | 8,152 |
| IMPROVEMENTS MAPLE ARMS APT | 4,878 | 244 | 4,634 | 4,634 |
| IMPROVEMENTS SKYVIEW APT | 2,000 | 100 | 1,900 | 1,900 |
| EQUIPMENT ADDITIONS 2018 | 3,630 | 363 | 3,267 | 3,267 |
| Item No. | 1 |
|---|---|
| Lender's Name | CENTURY NATIONAL BANK |
| Lender's Title | MAPLE ARMS MORTGAGE |
| Relationship to Insider | |
| Original Amount of Loan | 362,000 |
| Balance Due | 127,357 |
| Date of Note | 2003-12 |
| Maturity Date | 2023-12 |
| Repayment Terms | 20 YEARS |
| Interest Rate | 0000000000.060000000000 |
| Security Provided by Borrower | PROPERTY |
| Purpose of Loan | PURCHASE OF PROPERTY |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | CENTURY NATIONAL BANK |
| Lender's Title | SKYVIEW |
| Relationship to Insider | |
| Original Amount of Loan | 396,000 |
| Balance Due | 129,413 |
| Date of Note | 2003-05 |
| Maturity Date | 2023-04 |
| Repayment Terms | 20 YEARS |
| Interest Rate | 0000000000.060000000000 |
| Security Provided by Borrower | PROPERTY |
| Purpose of Loan | PURCHASE OF PROPERTY |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 57,613 | |||
| ADVERTISING | 859 | |||
| OFFICE EXPENES | 648 | |||
| INSURANCE | 6,275 | |||
| TENANT SERVICES | 465 | |||
| BANK CHARGES | 1,378 | |||
| MAINTENANCE AND REPAIRS | 57,176 | |||
| MISCELLANEOUS | 2,500 | |||
| BAD DEBT - TENANT RENT | 2,146 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MANAGEMENT FEE EARNED | 68,864 | ||
| INTEREST ACCRUED ON MORTGAGE RECEIVABLES | 397,857 | ||
| LOAN FORGIVANES | 10,000 | ||
| MISCELLANEOUS | 29 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED CREDITS | 60,000 | 50,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT FEES | 3,250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 20,964 |