| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 3,100 | 3,100 | 3,100 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FIRE ALARM SYSTEM | 1994-06-01 | 6,507 | 6,507 | S/L | 15.0000 | ||||
| HEATER | 1985-11-01 | 75 | 75 | S/L | 15.0000 | ||||
| MOWERS | 1989-07-01 | 1,500 | 1,500 | S/L | 5.0000 | ||||
| BLDG IMPROVEMENTS | 1993-11-01 | 14,208 | 11,122 | S/L | 30.0000 | 474 | 474 | 474 | |
| BED | 1993-01-01 | 289 | 289 | S/L | 5.0000 | ||||
| TELEVISION | 1993-04-01 | 100 | 100 | S/L | 5.0000 | ||||
| RESTROOMS/CLOSETS | 1997-06-30 | 17,821 | 17,821 | S/L | 20.0000 | ||||
| 5 AIR CONDITIONERS- 1 TV | 1997-06-30 | 1,222 | 1,222 | S/L | 10.0000 | ||||
| WASHING MACHINE | 1993-06-01 | 150 | 150 | S/L | 7.0000 | ||||
| HOTEL AND APARTMENTS | 2030-01-01 | 125,594 | 125,594 | S/L | 30.0000 | ||||
| 7 AIR CONDITIONER UNITS | 2000-06-15 | 1,008 | 1,008 | 200DB | 7.0000 | ||||
| 4 TELEVISIONS | 2000-06-15 | 484 | 484 | 200DB | 7.0000 | ||||
| 3 HEATERS | 2000-06-15 | 505 | 505 | 200DB | 7.0000 | ||||
| JOHN DEERE MOWER | 2000-06-15 | 1,500 | 1,500 | 200DB | 5.0000 | ||||
| STOVE & GRILL | 2000-06-15 | 2,630 | 2,630 | 200DB | 7.0000 | ||||
| DEEP FRYER | 2000-06-15 | 323 | 323 | 200DB | 7.0000 | ||||
| IMPROVEMENTS | 2000-06-15 | 8,800 | 3,958 | S/L | 39.0000 | 226 | 226 | 226 | |
| 3 BED SETS | 2001-08-23 | 477 | 477 | 200DB | 7.0000 | ||||
| WASHER | 2001-10-02 | 399 | 399 | 200DB | 7.0000 | ||||
| DRYER | 2001-10-16 | 160 | 160 | 200DB | 7.0000 | ||||
| DRYER | 2001-11-21 | 108 | 108 | 200DB | 7.0000 | ||||
| 3 A/C UNITS | 2003-06-17 | 452 | 452 | 200DB | 7.0000 | ||||
| USED DRYER | 2003-05-18 | 50 | 50 | 200DB | 7.0000 | ||||
| 2 TV SETS | 2003-07-03 | 126 | 126 | 200DB | 7.0000 | ||||
| NEW DRYER | 2003-09-09 | 365 | 365 | 200DB | 5.0000 | ||||
| BEDROOM SET | 2003-09-29 | 150 | 150 | 200DB | 7.0000 | ||||
| 1 TELEVISION | 2004-03-18 | 60 | 60 | S/L | 5.0000 | ||||
| 2 TELEVISIONS | 2004-03-25 | 130 | 130 | S/L | 5.0000 | ||||
| SEARS WASHING MACHINE | 2004-05-29 | 475 | 475 | S/L | 7.0000 | ||||
| RAMP REBUILD | 2004-04-08 | 1,700 | 1,169 | S/L | 20.0000 | 85 | 85 | 85 | |
| STOVE | 2006-07-24 | 1,650 | 1,650 | 200DB | 7.0000 | ||||
| ROOF - APARTMENT | 2010-11-17 | 31,990 | 5,810 | S/L | 39.0000 | 820 | 820 | 820 | |
| BUILDING IMPROVEMENTS (KARGES) | 2013-01-31 | 20,500 | 2,606 | S/L | 39.0000 | 526 | 526 | 526 | |
| ROOM IMPS/ACCESSORIES | 2014-07-10 | 4,238 | 3,576 | 200DB | 7.0000 | 189 | 189 | 189 | |
| A/C UNITS | 2014-06-03 | 646 | 545 | 200DB | 7.0000 | 29 | 29 | 29 | |
| CLOTHES DRYER | 2014-07-10 | 730 | 616 | 200DB | 7.0000 | 33 | 33 | 33 | |
| ROOM IMP/ACCESSORIES | 2015-06-30 | 7,158 | 5,593 | 200DB | 7.0000 | 447 | 447 | 447 | |
| ROOM IMPS/TELEVISIONS | 2015-06-30 | 1,775 | 1,387 | 200DB | 7.0000 | 111 | 111 | 111 | |
| WASHING MACHINE | 2015-04-18 | 750 | 586 | 200DB | 7.0000 | 47 | 47 | 47 | |
| A/C UNIT | 2016-03-22 | 571 | 418 | 200DB | 7.0000 | 44 | 44 | 44 | |
| 2 A/C UNITS | 2016-04-11 | 461 | 326 | 200DB | 7.0000 | 39 | 39 | 39 | |
| WASHING MACHINE | 2016-06-23 | 630 | 445 | 200DB | 7.0000 | 53 | 53 | 53 | |
| REFRIGERATOR | 2016-07-06 | 900 | 613 | 200DB | 7.0000 | 82 | 82 | 82 | |
| WASHER/DRYER | 2016-07-27 | 1,869 | 1,273 | 200DB | 7.0000 | 170 | 170 | 170 | |
| TWIN & QUEEN BED FRAMES | 2016-09-09 | 1,220 | 831 | 200DB | 7.0000 | 111 | 111 | 111 | |
| 2 TWIN BED FRAMES | 2016-09-23 | 900 | 613 | 200DB | 7.0000 | 82 | 82 | 82 | |
| NEW WINDOWS/SIDING | 2016-12-09 | 18,000 | 11,801 | 200DB | 7.0000 | 1,771 | 1,771 | 1,771 | |
| ROOM IMPROVEMENTS-LUGGAGE RACKS/LAMPS | 2017-03-16 | 866 | 495 | 200DB | 7.0000 | 106 | 106 | 106 | |
| 8 MICROWAVES/MINI FRIDGE | 2017-05-01 | 1,116 | 637 | 200DB | 7.0000 | 137 | 137 | 137 | |
| HEATER | 2017-11-15 | 187 | 187 | 200DB | 7.0000 | ||||
| MAJOR IMPROVEMENTS-SIDING/WINDOWS | 2017-02-22 | 41,700 | 23,829 | 200DB | 7.0000 | 5,106 | 5,106 | 5,106 | |
| APARTMENT 2 & 4 MAJOR REMODEL | 2018-10-16 | 48,966 | S/L | 27.5000 | 371 | 371 | 371 | ||
| PARKING | 2018-03-02 | 5,620 | 150DB | 15.0000 | 5,620 | 5,620 | 5,620 | ||
| SIDEWALKS | 2018-03-02 | 6,923 | 150DB | 15.0000 | 6,923 | 6,923 | 6,923 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 386,734 | 266,348 | 120,386 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| HISTORICAL ITEMS | 1,657 | 1,657 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 996 | 996 | 996 | |
| REPAIRS - HOTEL & APTS | 11,094 | 11,094 | 11,094 | |
| REPAIRS - EQUIPMENT | 1,186 | 1,186 | 1,186 | |
| INSURANCE | 3,518 | 3,518 | 3,518 | |
| UTILITIES | 22,943 | 22,943 | 22,943 | |
| SUPPLIES - HOTEL | 3,311 | 3,311 | 3,311 | |
| TELEPHONE | 2,058 | 2,058 | 2,058 | |
| CREDIT CARD FEES | 1,840 | 1,840 | 1,840 | |
| FUNDRAISING EXPENSES | 3,465 | 3,465 | 3,465 | |
| SPONSORSHIP EXPENSES | 30 | 30 | 30 | |
| MISCELLANEOUS EXPENSES | 642 | 642 | 642 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| COOKBOOK SALES | 1,093 | 1,093 | |
| OTHER REVENUES | 317 | 317 |
| Description | Amount |
|---|---|
| PRIOR PERIOD CORRECTION | 626 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN PAYABLE - A.B. PIERCE | 2,000 | 2,000 |
| GRANT - ROOM SPONSORSHIP | 2,651 | 2,651 |
| LOAN PAYABLE - M. RICHARD | 16,000 | 23,000 |
| APARTMENT DEPOSITS | 400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 3,531 | 3,531 | 3,531 |