| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTANT | 450 | 0 | 0 | 450 |
| 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 AND LAND | 2016-01-01 | 155,447 | 7,805 | ARP | 39 | 3,986 | 0 | 0 | |
| STATUES | 2016-06-06 | 23,078 | 3,346 | M | 15 | 1,973 | 0 | 0 | |
| REMODEL | 2015-06-01 | 17,278 | 886 | ARP | 39 | 443 | 0 | 0 | |
| SPRINKLER IN WORSHIP ROOM | 2017-06-05 | 15,000 | 208 | ARP | 39 | 385 | 0 | 0 | |
| STATUES AND DECORATIONS | 2017-12-30 | 24,450 | 306 | M | 15 | 2,416 | 0 | 0 | |
| BUILDING REMODEL | 2017-05-03 | 9,670 | 155 | M | 39 | 248 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | SAM MACH |
| Lender's Title | DIRECTOR |
| Original Amount of Loan | 155457 |
| Balance Due | 146208 |
| Date of Note | 2016-02 |
| Maturity Date | 2039-02 |
| Repayment Terms | ANNUAL REPAYMEN |
| Interest Rate | 5 |
| Security Provided by Borrower | BUILDING |
| Purpose of Loan | PURCHASE BUILDING |
| Description of Lender Consideration | |
| Consideration FMV | 160000 |
| Item No. | 2 |
|---|---|
| Lender's Name | PHUNG THAI |
| Lender's Title | DIRECTOR |
| Original Amount of Loan | 54676 |
| Balance Due | 54676 |
| Date of Note | 2017-12 |
| Maturity Date | 1930-12 |
| Repayment Terms | ANNUAL PAYMENTS |
| Interest Rate | 5 |
| Security Provided by Borrower | STATUES |
| Purpose of Loan | PURCHASE STATUES |
| Description of Lender Consideration | |
| Consideration FMV | 54676 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SUPPLIES | 1,494 | 0 | 0 | 1,494 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 90 | 0 | 0 | 90 |
| BANK FEES | 90 | 0 | 0 | 90 |
| HEALTH DEPT | 25 | 0 | 0 | 25 |
| Name | Address |
|---|---|
| SAM MACH |
2903 N UNIVERSITY PEORIA,IL61604 |