| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Osayamwen CPA | 12,000 | 11,750 | 250 |
| Category | Amount |
|---|---|
| NONE |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PARMA MOTOR LAND LLC | AT COST | 3,838,621 | 3,838,621 |
| INVESTMENT IN BEECHCREST TWO LLC | AT COST | 700,000 | 700,000 |
| INVESTMENT IN REDWOOD EARLY STAGE | AT COST | 243,750 | 243,750 |
| INVESTMENT IN SUMMERSET OAKS PHASE 2 | AT COST | 105,284 | 105,284 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 422,100 | 385,600 | 385,600 | |
| BUILDINGS | 417,200 | 417,200 | 417,200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Wegman Hessler Vanderburg | 6,000 | 5,750 | 250 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Charges and Brokerage Fee | 74 | 74 | ||
| Material, Repair and Maintanance | 2,654 | 2,654 | ||
| Insurance | 2,028 | 2,028 | ||
| Survey cost | 1,269 | 1,269 | ||
| Real Estate title transfer cost | 3,357 | 3,357 | ||
| Postage | 107 | 107 | ||
| Supplies | 233 | 233 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Guaranteed payment - Beechcrest Two LLC | 35,000 |
| Description | Amount |
|---|---|
| SEE STATEMENT | 0 |
| RECLASSIFICATION OF COMPENSATION TO OFFICERS - FOOTNOTES DISCLOSURE ONLY | 36,000 |
| PRIOR ADJUSTMENT CHECK | 0 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TMS ENTERPRISES LTD | NONE | 425,000 | 69,917 | 2009-01 | 2020-07 | PRINCIPAL AND INTEREST | 6.0000000000 % | LAND AND BUILDING | LAND AND BUILDING PURCHASE | LAND AND BUILDING PURCHASE | 110,780 |
| HAGE MOUNIR | NONE | 100,000 | 18,692 | 2006-01 | 2016-12 | PRINCIPAL AND INTEREST | 8.0000000000 % | LAND | LAND PURCHASE | LAND | 23,007 |
| ANNA TWAROWSKA | NONE | 65,000 | 50,679 | 2012-08 | 2017-07 | PRINCIPAL AND INTEREST | 5.0000000000 % | LAND | LAND PURCHASE | LAND | 53,223 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property Manager Fees | 6,000 | 5,750 | 250 | |
| Real Estate Consultant Fee | 6,000 | 5,750 | 250 | |
| Chritable organization Manager | 6,000 | 1,500 | 4,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Real estate tax not included in line 20 | 24,601 | 24,601 | ||
| Income tax | 200 | 200 |