| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SEEHAUSEN ACCOUNTING | 39,410 | |||
| WHITTAKER & COMPANY AUDITING | 33,000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| various investment securities and bonds | Purchased | 7,254,353 | 7,354,849 | -100,496 | ||||||
| COMPUTER EQUIPMENT | Purchased | 2020-12 | Various | 5 | 1,402 | 5 | 1,402 | |||
| Disposal of subsidiaries | Purchased | 2020-07 |
Managed East Chicago Housing Authority Inc |
1,830,444 | 5,154,153 | -3,323,709 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Corporate Bonds and Debt | 11,936,029 | 11,936,029 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Mutual Funds | 943,101 | 943,101 |
| Domestic and Foreign Stocks | 17,254,650 | 17,254,650 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | 37,330 | 25,258 | 12,072 | |
| FURNITURE & FIXTURES | 63,002 | 62,025 | 977 | |
| LEASEHOLD IMPROVEMENTS | 42,823 | 42,823 | 0 | |
| OFFICE EQUIPMENT | 14,319 | 12,963 | 1,356 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BARNES & THORNBURG LEGAL | 177,015 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NORTH HARBOR RECEIVABLE | 350,000 | 0 | 0 |
| NOTES RECEIVABLE-NCT | 300,000 | 0 | 0 |
| ACCOUNTS RECEIVABLE-NORTH HARBOR | 898,062 | 0 | 0 |
| ACCRUED INVESTMENT-RELATED | 1,531,000 | 0 | 0 |
| LOAN RECEIVABLE-NHPI | 1,500,000 | 0 | 0 |
| DUE FROM NORTH HARBOR | 500,000 | 0 | 0 |
| INVESTMENT IN NEW CARDINAL TERRACE | 35,090 | 0 | 0 |
| FEES DUE FROM NORTH HARBOR | 40,000 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER MISCELLANEOUS | 19,789 | |||
| INVESTMENT EXPENSES | 186,647 | 186,647 | ||
| COMMUNICATIONS EXPENSE | 5,648 | |||
| MAINTENANCE | 3,833 | |||
| INSURANCE | 19,576 | |||
| PROMOTIONS & MARKETING | 40,093 | |||
| SUPPLIES | 10,467 | |||
| POSTAGE & DELIVERY | 3,259 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Forgiveness of debt | 500,000 |
| Description | Amount |
|---|---|
| Unrealized gains on investments | 2,944,752 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES-AFLAC,SIT | 1,747 | 1,634 |
| NOTE PAYABLE-FEDERAL HOME LOAN BANK | 500,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SDMG LLC WEBSITE CONSULTANT | 4,288 | |||
| BLACKBAUD Gifts maintenance | 25,331 | |||
| SHIRLEY ROBERTS cleaning service | 3,105 | |||
| MORGAN BIRGE COMPUTER CONSULTANTS | 10,820 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 28,950 | 2,895 | ||
| EXCISE TAXES | 9,297 | 9,297 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| North Harbor LP |
3419 Indiana Harbor Drive East Chicago,IN46312 |
35-2156991 | n/a | 0 |
| FEC Holdings Inc |
100 West Chicago Avenue East Chicago,IN46312 |
46-2487908 | n/a | 0 |
| North Harbor Property Inc |
100 West Chicago Avenue East Chicago,IN46312 |
30-0047909 | n/a | 0 |
| North Harbor Inc |
100 West Chicago Avenue East Chicago,IN46312 |
35-2156992 | n/a | 0 |
| New Cardinal Terrace |
100 West Chicago Avenue East Chicago,IN46312 |
46-2460664 | n/a | 0 |
| FEC Management Inc |
100 West Chicago Avenue East Chicago,IN46312 |
46-2460664 | n/a | 0 |
| Total | 0 | |||