| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX PREPARATION | 2,650 | 800 | 0 | 1,850 |
| 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 | 1969-01-01 | 15,000 | 15,000 | SL | 20.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1973-01-01 | 10,000 | 1,000 | SL | 15.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1981-01-01 | 4,067 | 4,067 | SL | 10.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 1987-01-01 | 3,752 | 3,752 | SL | 27.500000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2000-06-01 | 6,500 | 4,143 | SL | 27.500000000000 | 236 | 0 | 236 | |
| EQUIPMENT | 1987-06-01 | 1,597 | 1,597 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2001-06-01 | 135,993 | 81,799 | SL | 27.500000000000 | 4,945 | 0 | 4,945 | |
| IMPROVEMENTS | 2002-06-01 | 226,555 | 122,967 | SL | 27.500000000000 | 8,238 | 0 | 8,238 | |
| IMPROVEMENTS 2003 | 2003-06-01 | 69,887 | 36,951 | SL | 27.500000000000 | 2,541 | 0 | 2,541 | |
| IMPROVEMENTS 2004 | 2004-06-30 | 128,701 | 63,375 | SL | 27.500000000000 | 4,680 | 0 | 4,680 | |
| IMPROVEMENTS 2005 | 2005-06-01 | 42,350 | 19,314 | SL | 27.500000000000 | 1,540 | 0 | 1,540 | |
| IMPROVEMENTS 2006 | 2006-06-01 | 10,697 | 4,490 | SL | 27.500000000000 | 389 | 0 | 389 | |
| IMPROVEMENTS 2008 | 2008-06-01 | 40,970 | 14,217 | SL | 27.500000000000 | 1,490 | 0 | 1,490 | |
| IMPROVEMENTS 2009 | 2009-06-01 | 21,422 | 6,654 | SL | 27.500000000000 | 779 | 0 | 779 | |
| IMPROVEMENTS | 2010-07-21 | 6,595 | 1,790 | SL | 27.500000000000 | 240 | 0 | 240 | |
| DIRECTORS OFFICE RENOVATIONS | 2013-06-04 | 16,582 | 1,930 | SL | 39.000000000000 | 425 | 0 | 425 | |
| K&B EXCAVATING- DRY WELL | 2014-11-05 | 3,050 | 247 | SL | 39.000000000000 | 78 | 0 | 78 | |
| KITCHEN GARBAGE DISPOSAL AND INSTALLATION | 2014-12-26 | 538 | 324 | SL | 5.000000000000 | 108 | 0 | 108 | |
| KITCHEN DISH WASHER | 2015-03-11 | 774 | 439 | SL | 5.000000000000 | 155 | 0 | 155 | |
| CARBON MONOXIDE DETECTOR W/L | 2015-12-23 | 1,120 | 448 | SL | 5.000000000000 | 224 | 0 | 224 | |
| IMAC COMPUTER | 2016-01-11 | 955 | 497 | 200DB | 5.000000000000 | 183 | 0 | 191 | |
| QUICKBOOKS SOFTWARE | 2016-05-18 | 318 | 177 | SL | 3.000000000000 | 106 | 0 | 106 | |
| REFRIGERATOR | 2016-04-04 | 544 | 283 | 200DB | 5.000000000000 | 104 | 0 | 109 | |
| DINING ROOM/BATHROOM FLOORING | 2017-01-14 | 1,600 | 229 | 200DB | 7.000000000000 | 392 | 0 | 229 | |
| DINING ROOM/BATHROOM FLOORING | 2017-01-14 | 3,292 | 470 | 200DB | 7.000000000000 | 806 | 0 | 470 | |
| CARPETING ROOM #2 | 2017-09-27 | 850 | 121 | 200DB | 7.000000000000 | 208 | 0 | 121 | |
| KITCHEN STOVE | 2017-02-04 | 1,299 | 260 | 200DB | 5.000000000000 | 416 | 0 | 260 | |
| DOWNSTAIRS BATHROOM RENOVATION | 2017-05-17 | 3,769 | 86 | SL | 27.500000000000 | 137 | 0 | 137 | |
| FREEZER | 2018-03-19 | 598 | 200DB | 5.000000000000 | 120 | 0 | 90 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALCOA INC | 24,676 | 25,250 |
| CAPITAL ONE FINANCIAL | 101,660 | 98,360 |
| JP MORGAN CHASE & CO 6.125% PDF | 24,980 | 25,350 |
| BANK OF AMERICA CORP 6.0% CALLABLE 5/16/23 | 75,226 | 75,300 |
| JP MORGAN CHASE & CO 5.75% PDF | 34,535 | 35,042 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M | 10,579 | 76,216 |
| AT&T INC | 64,226 | 99,890 |
| COCA COLA | 28,479 | 47,350 |
| DNP SELECT INCOME FD INC | 56,756 | 62,400 |
| DOWDUPONT INC | 47,348 | 74,872 |
| EMERSON ELECTRIC CO | 24,189 | 29,875 |
| INTERNATIONAL BUSINESS MACHINES CORP | 17,584 | 22,734 |
| JOHNSON & JOHNSON | 39,439 | 77,430 |
| MERCK & CO INC | 19,422 | 45,846 |
| EVERSOURCE ENERGY | 12,332 | 32,520 |
| PFIZER INC | 69,978 | 87,300 |
| PROCTER & GAMBLE CO | 8,727 | 27,576 |
| REALTY INCOME CORP | 12,981 | 37,824 |
| TWO HARBORS INVESTMENT CORP | 36,591 | 32,100 |
| UNITEDHEALTH GROUP INC | 14,700 | 124,560 |
| VERIZON COMMUNICATIONS | 56,231 | 84,330 |
| GLAXOSMITHKLINE PLC SPONS ADR | 32,666 | 30,568 |
| VODAFONE GROUP PLC SPONS ADR | 60,106 | 48,200 |
| EXXON MOBIL CORP | 76,650 | 68,190 |
| PEOPLES UTD FINL INC | 32,199 | 28,860 |
| BP L P C SPONS ADR | 80,634 | 75,840 |
| TORONTO DOMINION BANK | 75,680 | 69,608 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 15,000 | 15,000 | 0 | 0 |
| IMPROVEMENTS | 10,000 | 1,000 | 9,000 | 9,000 |
| IMPROVEMENTS | 4,067 | 4,067 | 0 | 0 |
| IMPROVEMENTS | 3,752 | 3,752 | 0 | 0 |
| IMPROVEMENTS | 6,500 | 4,379 | 2,121 | 2,121 |
| EQUIPMENT | 1,597 | 1,597 | 0 | 0 |
| IMPROVEMENTS | 135,993 | 86,744 | 49,249 | 49,249 |
| IMPROVEMENTS | 226,555 | 131,205 | 95,350 | 95,350 |
| IMPROVEMENTS 2003 | 69,887 | 39,492 | 30,395 | 30,395 |
| IMPROVEMENTS 2004 | 128,701 | 68,055 | 60,646 | 60,646 |
| IMPROVEMENTS 2005 | 42,350 | 20,854 | 21,496 | 21,496 |
| IMPROVEMENTS 2006 | 10,697 | 4,879 | 5,818 | 5,818 |
| IMPROVEMENTS 2008 | 40,970 | 15,707 | 25,263 | 25,263 |
| IMPROVEMENTS 2009 | 21,422 | 7,433 | 13,989 | 13,989 |
| IMPROVEMENTS | 6,595 | 2,030 | 4,565 | 4,565 |
| DIRECTORS OFFICE RENOVATIONS | 16,582 | 2,355 | 14,227 | 14,227 |
| K&B EXCAVATING- DRY WELL | 3,050 | 325 | 2,725 | 2,725 |
| KITCHEN GARBAGE DISPOSAL AND INSTALLATION | 538 | 432 | 106 | 106 |
| KITCHEN DISH WASHER | 774 | 594 | 180 | 180 |
| CARBON MONOXIDE DETECTOR W/L | 1,120 | 672 | 448 | 448 |
| IMAC COMPUTER | 955 | 680 | 275 | 275 |
| QUICKBOOKS SOFTWARE | 318 | 283 | 35 | 35 |
| REFRIGERATOR | 544 | 387 | 157 | 157 |
| DINING ROOM/BATHROOM FLOORING | 1,600 | 621 | 979 | 979 |
| DINING ROOM/BATHROOM FLOORING | 3,292 | 1,276 | 2,016 | 2,016 |
| CARPETING ROOM #2 | 850 | 329 | 521 | 521 |
| KITCHEN STOVE | 1,299 | 676 | 623 | 623 |
| DOWNSTAIRS BATHROOM RENOVATION | 3,769 | 223 | 3,546 | 3,546 |
| FREEZER | 598 | 120 | 478 | 478 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNT CUSTODIAL FEES | 12,823 | 12,823 | 0 | 0 |
| ADVERTISING | 716 | 716 | 0 | 0 |
| ALARM & SPRINKLER SYSTEMS | 1,042 | 1,042 | 0 | 0 |
| BANK SERVICE CHARGES | 46 | 46 | 0 | 0 |
| DUES & SUBSCRIPTIONS | 893 | 893 | 0 | 0 |
| INSURANCE | 14,005 | 11,904 | 0 | 2,101 |
| LANDSCAPING | 7,781 | 7,781 | 0 | 0 |
| OFFICE SUPPLIES | 5,159 | 0 | 0 | 5,159 |
| POSTAGE | 429 | 0 | 0 | 429 |
| REPAIRS & MAINTENANCE | 7,895 | 7,895 | 0 | 0 |
| SUPPLIES & GROCERIES | 39,837 | 39,837 | 0 | 0 |
| UTILITIES | 23,011 | 23,011 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 7,210 | 2,113 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 23,961 | 23,961 | 0 | 0 |
| MA ANNUAL REPORT | 19 | 19 | 0 | 0 |