| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,825 | 0 | 4,825 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| UNITED STATES TREAS 2.00% 2/15/25 - 148000 S | 158,458 | 158,458 |
| UNITED STATES TREAS 2.25% 11/15/25 - 97000 S | 105,927 | 105,927 |
| UNITED STATES TREAS 1.75% 5/15/22 - 70000 S | 71,559 | 71,559 |
| UNITED STATES TREAS 1.25% 10/31/21 - 49000 S | 49,456 | 49,456 |
| UNITED STATES TREAS 1.75% 5/15/23 - 121000 S | 125,604 | 125,604 |
| UNITED STATES TREAS 2.00% 6/30/24 - 12000 S | 12,750 | 12,750 |
| CENTERPOINT ENERGY RESTORATION 4.243% - 20000 S | 9,963 | 9,963 |
| CITIBANK CR CARD 2.88% - 25000 S | 25,033 | 25,033 |
| FEDERAL HOME LN MTG CORP 3.0% 7/1/28 - 30000 S | 8,331 | 8,331 |
| FEDERAL HOME LN MTG CORP 2.5% 7/1/27 - 22000 S | 3,755 | 3,755 |
| FEDERAL HOME LN MTG CORP 5.5% 11/1/21 - 80000 S | 102 | 102 |
| FEDERAL HOME LN MTG CORP 3.5% 12/1/25 - 35000 S | 2,003 | 2,003 |
| FEDERAL HOME LN MTG CORP 2.5% 4/1/30 - 21000 S | 7,874 | 7,874 |
| FNMA GTD MTG PASS THRU 3.5% 12/1/25 - 100000 S | 6,701 | 6,701 |
| FNMA GTD MTG PASS THRU 3.0% 2/1/27 - 38000 S | 5,269 | 5,269 |
| FNMA GTD MTG PASS THRU 2.5% 9/1/29 - 30000 S | 9,008 | 9,008 |
| KEYCORP STUDENT 0.456% - 20000 S | 5,444 | 5,444 |
| SLC STUDENT 0.316% - 18000 S | 964 | 964 |
| SLC STUDENT 1.816% - 10000 S | 4,613 | 4,613 |
| BB&T CO GLOBAL MEDIUM TERM 2.625% - 35000 S | 35,788 | 35,788 |
| DUKE ENERGY CAROLINAS 3.9% - 38000 S | 38,264 | 38,264 |
| EXXON MOBIL CORP 2.397% - 34000 S | 34,762 | 34,762 |
| HONEYWELL INTN'L INC 4.25% - 31000 S | 31,192 | 31,192 |
| METLIFE INC 3.048% - 30000 S | 31,574 | 31,574 |
| PROCTER & GAMBLE CO 1.7% - 31000 S | 31,396 | 31,396 |
| STATE STR CORP 3.7% - 12000 S | 13,148 | 13,148 |
| SUNTRUST BKS INC 2.9% - 17000 S | 17,035 | 17,035 |
| UNITED PARCEL SVC INC 3.125% - 32000 S | 32,026 | 32,026 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EATON CORPORATION PLC - 625 S | 75,088 | 75,088 |
| MEDTRONIC PLC - 852 S | 99,803 | 99,803 |
| CHUBB LTD COM - 24 S | 3,694 | 3,694 |
| AT&T INC - 771 S | 22,174 | 22,174 |
| ADOBE SYS INC - 72 S | 36,009 | 36,009 |
| AIR PRODS & CHEMS INC - 135 S | 36,885 | 36,885 |
| ALIBABA GROUP HLDG LTD - 155 S | 36,073 | 36,073 |
| ALPHABET INC CL C - 53 S | 92,850 | 92,850 |
| ALPHABET INC CL A - 32 S | 56,084 | 56,084 |
| AMERISOURCE BERGEN CORP - 441 S | 43,112 | 43,112 |
| AMGEN INC - 126 S | 28,970 | 28,970 |
| APPLE INC - 2560 S | 339,687 | 339,687 |
| APPLIED MATERIALS INC - 190 S | 16,397 | 16,397 |
| AUTOMATIC DATA PROCESSING INC - 235 S | 41,407 | 41,407 |
| BANK OF AMERICA CORP - 2440 S | 73,956 | 73,956 |
| BECTON DICKINSON & CO - 187 S | 46,791 | 46,791 |
| BROADCOM INC - 137 S | 59,985 | 59,985 |
| CVS HEALTH INC - 70 S | 4,781 | 4,781 |
| CARDINAL HEALTH INC - 77 S | 4,124 | 4,124 |
| CISCO SYSTEMS INC - 1031 S | 46,137 | 46,137 |
| CITIGROUP INC - 464 S | 28,610 | 28,610 |
| CLOROX CO - 330 S | 66,634 | 66,634 |
| COMCAST CORP - 1767 S | 92,591 | 92,591 |
| CORNING INC - 731 S | 26,316 | 26,316 |
| COSTCO WHOLESALE CORP - 155 S | 58,401 | 58,401 |
| DANAHER CORP - 510 S | 113,291 | 113,291 |
| DARDEN RESTAURANTS INC - 200 S | 23,824 | 23,824 |
| DUPONT DE NEMOURS INC - 124 S | 8,818 | 8,818 |
| EVERSOURCE ENERGY - 685 S | 59,259 | 59,259 |
| FASTENAL CO - 556 S | 27,149 | 27,149 |
| FORTUNE BRANDS HOMES & SEC INC - 55 S | 4,715 | 4,715 |
| HASBRO INC - 855 S | 79,977 | 79,977 |
| HOME DEPOT INC - 184 S | 48,874 | 48,874 |
| HUMANA INC - 108 S | 44,309 | 44,309 |
| HUNT J B TRANS SVCS INC - 258 S | 35,256 | 35,256 |
| INTEL CORP - 1370 S | 68,253 | 68,253 |
| INTERCONTINENTAL EXCHANGE INC - 770 S | 88,773 | 88,773 |
| INTERNATIONAL BUSINESS MACHS CORP - 510 S | 64,199 | 64,199 |
| INTUIT INCORPORATED - 225 S | 85,466 | 85,466 |
| JP MORGAN CHASE & CO - 908 S | 115,380 | 115,380 |
| JOHNSON & JOHNSON - 375 S | 59,018 | 59,018 |
| KIMBERLY CLARK CORP - 70 S | 9,438 | 9,438 |
| ESTEE LAUDER COMPANIES INC - 26 S | 6,921 | 6,921 |
| MANPOWER GROUP - 170 S | 15,331 | 15,331 |
| MASTERCARD INC - 216 S | 77,099 | 77,099 |
| MCDONALDS CORP - 200 S | 42,916 | 42,916 |
| MERCK & CO INC - 325 S | 26,585 | 26,585 |
| MICROSOFT CORP - 1353 S | 300,935 | 300,935 |
| MICROCHIP TECHNOLOGY INC - 159 S | 21,959 | 21,959 |
| MICRON TECHNOLOGY INC - 185 S | 13,908 | 13,908 |
| MORGAN STANLEY - 257 S | 17,612 | 17,612 |
| MOTOROLA SOLUTIONS INC - 208 S | 35,372 | 35,372 |
| NEXTERA ENERGY INC - 876 S | 67,583 | 67,583 |
| NIKE INC - 213 S | 30,133 | 30,133 |
| NORFOLK SOUTHERN CORP - 437 S | 103,836 | 103,836 |
| NOVOZYMES A/S - 656 S | 37,438 | 37,438 |
| PEPSICO INC - 430 S | 63,769 | 63,769 |
| PFIZER INC - 1300 S | 47,853 | 47,853 |
| PIONEER NAT RES CO - 53 S | 6,036 | 6,036 |
| PROCTER & GAMBLE CO - 235 S | 32,698 | 32,698 |
| PROGRESSIVE CORP - 1251 S | 123,699 | 123,699 |
| ROCHE HLDGS LTD - 801 S | 35,116 | 35,116 |
| S&P GLOBAL INC - 32 S | 10,519 | 10,519 |
| SHERWIN WILLIAMS CO - 60 S | 44,095 | 44,095 |
| SMUCKER J M CO - 425 S | 49,130 | 49,130 |
| STANLEY BLACK & DECKER INC - 310 S | 55,354 | 55,354 |
| SYSCO CORP - 780 S | 57,923 | 57,923 |
| T-MOBILE US INC - 67 S | 9,035 | 9,035 |
| TARGET CORP - 475 S | 83,852 | 83,852 |
| TEXAS INSTRUMENTS INC - 734 S | 120,471 | 120,471 |
| THERMO FISHER SCIENTIFIC INC - 18 S | 8,384 | 8,384 |
| 3M CO - 305 S | 53,311 | 53,311 |
| TIFFANY & CO - 142 S | 18,666 | 18,666 |
| TRAVELERS COS INC - 193 S | 27,091 | 27,091 |
| US BANCORP DEL - 606 S | 28,234 | 28,234 |
| UNILEVER PLC - 838 S | 50,582 | 50,582 |
| UNION PAC CORP - 284 S | 59,134 | 59,134 |
| UNITEDHEALTH GROUP INC - 337 S | 118,179 | 118,179 |
| VERIZON COMMUNICATIONS INC - 1145 S | 67,269 | 67,269 |
| VIATRIS INC - 161 S | 3,017 | 3,017 |
| VISA INC - 358 S | 78,305 | 78,305 |
| WEC ENERGY GROUP INC - 915 S | 84,207 | 84,207 |
| WALMART INC - 54 S | 7,784 | 7,784 |
| WASTE MGMT INC - 399 S | 47,054 | 47,054 |
| AEGON NV - 85 S | 2,162 | 2,162 |
| ALLSTATE CORP - 68 S | 1,875 | 1,875 |
| ARCH CAPITAL GRP - 208 S | 5,400 | 5,400 |
| AXIS CAP HLDGS - 51 S | 1,321 | 1,321 |
| BERKLEY W R CORP - 48 S | 1,225 | 1,225 |
| BERKLEY W R CORP MTY - 151 S | 3,872 | 3,872 |
| CAPITAL ONE CORP - 30 S | 796 | 796 |
| CITIGROUP INC PFD - 375 S | 10,766 | 10,766 |
| CITIGROUP INC FIXED - 99 S | 2,816 | 2,816 |
| SCHWAB CHARLES CORP - 94 S | 2,448 | 2,448 |
| TRUIST FINL CORP PFD 5.625% - 97 S | 2,521 | 2,521 |
| TRUIST FINL CORP PFD 5.20% - 246 S | 6,248 | 6,248 |
| TRUIST FINL CORP PFD 5.20% - 48 S | 1,231 | 1,231 |
| US BANCORP DEL PFD - 93 S | 2,327 | 2,327 |
| BOSTON PPTYS INC REIT - 33 S | 856 | 856 |
| CROWN CASTLE INTN'L CORP REIT - 87 S | 13,850 | 13,850 |
| EQUINIX INC REIT - 19 S | 13,569 | 13,569 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BAIRD CORE PLUS MUT FUND - 4561.836 S | FMV | 55,381 | 55,381 |
| FRANKLIN INCOME MUT FUND - 20899.394 S | FMV | 47,651 | 47,651 |
| FROST TOTAL RETURN MUT FUND - 7233.173 S | FMV | 74,502 | 74,502 |
| GUGGENHEIM TOTAL RETURN MUT FUND - 2617.969 S | FMV | 77,754 | 77,754 |
| NEUBERGER BERMAN STRATEGIC MUT FUND - 3381.532 S | FMV | 38,820 | 38,820 |
| PIMCO INVESTMENT MUT FUND - 6827.452 S | FMV | 77,082 | 77,082 |
| PIMCO INCOME MUT FUND - 5806.452 S | FMV | 70,316 | 70,316 |
| PGIM TOTAL RETURN MUT FUND - 4701.142 S | FMV | 71,034 | 71,034 |
| TRANSAMERICA MUT FUND - 8119.442 S | FMV | 79,164 | 79,164 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE, FIXTURES, OFFICE EQUIPMENT | 23,944 | 0 | 23,944 | 23,944 |
| LAND | 207,059 | 0 | 207,059 | 207,059 |
| BUILDING | 473,994 | 0 | 473,994 | 473,994 |
| MACHINERY & EQUIPMENT | 230 | 0 | 230 | 230 |
| PROFESSIONAL FEES | 15,058 | 0 | 15,058 | 15,058 |
| BUILDING IMPROVEMENTS | 94,564 | 0 | 94,564 | 94,564 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,421 | 0 | 1,421 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| REFERENCE MATERIALS, DEPOSITS | 512 | 512 | 512 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES | 1,826 | 0 | 1,826 | |
| LICENSES AND FEES | 340 | 0 | 340 | |
| OFFICE EXPENSES | 186 | 0 | 1,826 | |
| OTHER INVESTMENT FEES | 216 | 216 | 0 | |
| PAYROLL SERVICE FEES | 1,473 | 0 | 1,473 | |
| COMPUTER | 3,944 | 0 | 3,944 | |
| CLEANING SERVICES | 1,260 | 0 | 1,260 | |
| PROJECT WORK - ARCHIVES | 1,523 | 0 | 1,523 | |
| INSURANCE | 13,121 | 0 | 13,121 | |
| MAINTENANCE AND REPAIRS EXPENSES | 18,379 | 0 | 18,379 | |
| INVESTMENT ADVISORY FEE | 30,878 | 30,878 | 0 | |
| SMALL EQUIPMENT | 1,694 | 0 | 1,694 | |
| PLAN ADMINISTRATION FEES | 1,690 | 0 | 1,690 | |
| BANK FEES | 45 | 0 | 45 | |
| WEBSITE AND SOCIAL MEDIA | 2,216 | 0 | 2,216 | |
| UTILITIES | 14,811 | 0 | 14,811 | |
| RENT AND STORAGE - CLEVELAND | 2,206 | 0 | 2,206 | |
| MISC HOUSEHOLD EXPENSES | 43 | 0 | 43 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER REBATE INCOME | 1,975 | 1,975 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION /(DEPRECIATION) ON INVESTMENTS AND NONTAXABLE DISTNS | 645,537 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 2,875 | 0 | 2,875 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 593 | 593 | 0 | |
| PAYROLL TAXES | 12,178 | 0 | 12,178 | |
| FEDERAL EXCISE TAXES | 249 | 0 | 0 |