| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,150 | 25 | 1,497 | 3,628 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| DEFERRED COSTS | 2017-11-01 | 90,577 | 2,372 | 420.000000000000 | 2,588 | 0 | 2,588 | 4,960 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 1988-10-01 | 39,640 | L | 0 % | 0 | 0 | 0 | ||
| BUILDINGS | 1988-10-01 | 723,805 | 532,435 | SL | 40.000000000000 | 18,095 | 0 | 18,095 | |
| DOOR CLOSURES | 1998-02-01 | 1,090 | 1,090 | SL | 10.000000000000 | 0 | 0 | 0 | |
| CANOPY & PEASE DOOR | 1998-10-01 | 2,963 | 2,963 | SL | 10.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 1989-12-01 | 5,847 | 5,847 | SL | 10.000000000000 | 0 | 0 | 0 | |
| COMPUTER & PRINTER | 2002-08-01 | 1,591 | 1,591 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CONCRETE REPLACEMENT CAP | 2005-10-01 | 1,184 | 384 | ADS | 40.000000000000 | 30 | 0 | 30 | |
| BUILDING IMPROVEMENTS | 2006-03-03 | 2,246 | NC | 0 % | 0 | 0 | 0 | ||
| LIGHTNING PROTECTION SYSTEM | 2010-09-09 | 4,212 | 851 | SL | 40.000000000000 | 105 | 0 | 105 | |
| BATHTUB EASY STEPS | 2011-02-08 | 1,905 | 364 | SL | 40.000000000000 | 48 | 0 | 48 | |
| HALLS & COMMON AREAS CARPETING | 2012-08-21 | 2,902 | 1,962 | SL | 9.000000000000 | 323 | 0 | 323 | |
| ROOF | 2012-10-06 | 23,940 | 3,582 | SL | 40.000000000000 | 599 | 0 | 599 | |
| CARPET 3RD FLOOR | 2013-03-07 | 2,293 | 1,422 | SL | 9.000000000000 | 255 | 0 | 255 | |
| WALK IN SHOWER UNIT #8 | 2016-11-29 | 1,105 | 51 | SL | 40.000000000000 | 28 | 0 | 28 | |
| HVAC UNIT FOR MAINTE/MGR OFFICE | 2017-02-22 | 2,984 | 118 | SL | 40.000000000000 | 75 | 0 | 75 | |
| 3 DOOR OPENERS FOR HANDICAP | 2017-03-16 | 10,933 | 433 | SL | 40.000000000000 | 273 | 0 | 273 | |
| AUTO OPERATION FOR ENTRYWAY DOORS | 2017-02-27 | 16,286 | 645 | SL | 40.000000000000 | 407 | 0 | 407 | |
| FIRE PANEL INSIDE & ENTRY OF BLDG | 2017-04-28 | 23,698 | 839 | SL | 40.000000000000 | 592 | 0 | 592 | |
| ELECTRICAL WIRING FOR NEW FIRE PANEL | 2017-02-03 | 1,076 | 45 | SL | 40.000000000000 | 27 | 0 | 27 | |
| DEVELOPER FEE | 2017-09-29 | 96,443 | 2,411 | SL | 40.000000000000 | 2,411 | 0 | 2,411 | |
| HVAC UNIT FOR COMMUNITY ROOM | 2017-02-28 | 2,733 | 108 | SL | 40.000000000000 | 68 | 0 | 68 | |
| 3 DESKTOP COMPUTERS | 2019-04-12 | 2,499 | SL | 5.000000000000 | 250 | 0 | 250 | ||
| EMERGENCY ALARM SYSTEM | 2019-05-16 | 12,088 | SL | 40.000000000000 | 126 | 0 | 126 | ||
| LAND IMPROVEMENTS | 2019-09-30 | 18,550 | SL | 20.000000000000 | 0 | 0 | 0 | ||
| BUILDING IMPROVEMENTS | 2019-09-30 | 147,698 | SL | 40.000000000000 | 0 | 0 | 0 | ||
| FURNISHINGS | 2019-09-30 | 108,705 | SL | 9.000000000000 | 0 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RESTRICTED CASH | AT COST | 246,929 | 246,929 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 723,805 | 550,530 | 173,275 | 173,275 |
| BUILDING IMPROVEMENTS | 256,143 | 13,850 | 242,293 | 242,293 |
| LAND | 39,640 | 0 | 39,640 | 39,640 |
| FURNITURE & EQUIPMENT | 123,837 | 11,650 | 112,187 | 112,187 |
| DEVELOEPR FEE | 96,443 | 4,822 | 91,621 | 91,621 |
| LAND IMPROVEMENTS | 18,550 | 0 | 18,550 | 18,550 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 650 | 2 | 189 | 459 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TENANT SECURITY DEPOSITS | 6,557 | 7,660 | 7,660 |
| NET INTANGIBLE ASSETS | 88,205 | 85,617 | 85,617 |
| CONSTRUCTION IN PROGRESS | 221,543 | 3,271 | 3,271 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 22,961 | 0 | 6,714 | 16,247 |
| SERVICE COORDINATOR | 16,795 | 0 | 4,911 | 11,884 |
| MANAGEMENT COMPANY EMPLOYEE CHARGEBACK | 28,726 | 147 | 8,357 | 20,222 |
| INSURANCE | 2,780 | 0 | 813 | 1,967 |
| BAD DEBTS | 4,407 | 0 | 1,289 | 3,118 |
| AMORTIZATION | 2,588 | 0 | 2,588 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST ON CASH INVESTMENTS | 247 | 247 | |
| LOW INCOME RENTS | 85,222 | 85,222 | |
| LAUNDRY & VENDING | 1,520 | 1,520 | |
| OTHER INCOME | 42 | 42 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSITS | 6,077 | 7,659 |
| DUE TO RHF FOUNDATION, INC. | 159,392 | 100,348 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 14,275 | 73 | 4,153 | 10,049 |