| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,950 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 121 ALEXANDER, CARO | 2012-07-01 | 1,000 | |||||||
| 121 ALEXANDER, CARO HOUSE | 2012-07-01 | 11,000 | 1,783 | S/L | 27.5000 | 400 | 400 | ||
| HOUSE - 420 S SANDUSKY RD | 2013-01-01 | 19,842 | 2,856 | S/L | 27.5000 | 722 | 722 | ||
| LOT - 420 S SANDUSKY RD | 2013-01-01 | 10,000 | |||||||
| LAND - 2128 BUDER, BURTON | 2008-07-01 | 4,500 | |||||||
| HOUSE - 2128 BUDER, BURTON | 2008-07-01 | 20,000 | 6,152 | S/L | 27.5000 | 727 | 727 | ||
| LAND | 2010-01-01 | 13,500 | |||||||
| HOUSE - 2106 WHITTEMORE, BURTON | 2010-01-01 | 25,000 | 6,402 | S/L | 27.5000 | 909 | 909 | ||
| 2060 SCOTTWOOD, BURTON | 2009-01-01 | 13,399 | 3,878 | S/L | 27.5000 | 487 | 487 | ||
| LOT - 2060 SCOTTWOOD, BURTON | 2009-01-01 | 5,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERITRADE | 4,294 | 4,294 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 75,842 | 19,951 | 55,891 | 55,891 |
| LAND | 29,000 | 29,000 | 29,000 |
| Description | Amount |
|---|---|
| INVESTMENT LOSS | 700 |
| VALUE LOSS | 12,574 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 121 ALEXANDER, CARO, MI | ||||
| REPAIRS | 1,962 | 1,962 | ||
| LABOR | 1,784 | 1,784 | ||
| LEGAL FEES | 100 | 100 | ||
| GENERAL EXPENSES | ||||
| KUHL RD PROPERTY TAXES | ||||
| DARTMOUTH PROPERTY TAXES | 337 | 337 | ||
| IMLAY CITY LOT PROPERTY TAXES | ||||
| 72 DOUGLAS PROPERTY TAXES | 72 | 72 | ||
| 2128 E BUDER ST, BURTON | ||||
| REPAIRS & MAINTENANCE | 1,371 | 1,371 | ||
| LABOR | 1,650 | 1,650 | ||
| 2106 E WHITTEMORE ST | ||||
| REPAIRS & MAINTENANCE | 790 | 790 | ||
| LABOR | 870 | 870 | ||
| 2060 SCOTTWOOD, BURTON, MI | ||||
| OTHER EXPENSES | 203 | 203 | ||
| EXPENSES | ||||
| AUCTION | 2,000 | |||
| ADMINISTRATIVE FEES | 2,100 | |||
| STAMPS & SERVICES | 128 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| L/C-2060 E SCOTTWOOD, BURTON | 763 | 763 | 763 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
NR SUCCESSFUL REAL ESTATE |
3,093 |