| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX PREPARATION | 2,950 | 900 | 0 | 2,050 |
| 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 | 4,615 | 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 | 91,689 | SL | 27.500000000000 | 4,945 | 0 | 4,945 | |
| IMPROVEMENTS | 2002-06-01 | 226,555 | 139,443 | SL | 27.500000000000 | 8,238 | 0 | 8,238 | |
| IMPROVEMENTS 2003 | 2003-06-01 | 69,887 | 42,033 | SL | 27.500000000000 | 2,541 | 0 | 2,541 | |
| IMPROVEMENTS 2004 | 2004-06-30 | 128,701 | 72,735 | SL | 27.500000000000 | 4,680 | 0 | 4,680 | |
| IMPROVEMENTS 2005 | 2005-06-01 | 42,350 | 22,394 | SL | 27.500000000000 | 1,540 | 0 | 1,540 | |
| IMPROVEMENTS 2006 | 2006-06-01 | 10,697 | 5,268 | SL | 27.500000000000 | 389 | 0 | 389 | |
| IMPROVEMENTS 2008 | 2008-06-01 | 40,970 | 17,197 | SL | 27.500000000000 | 1,490 | 0 | 1,490 | |
| IMPROVEMENTS 2009 | 2009-06-01 | 21,422 | 8,212 | SL | 27.500000000000 | 779 | 0 | 779 | |
| IMPROVEMENTS | 2010-07-21 | 6,595 | 2,270 | SL | 27.500000000000 | 240 | 0 | 240 | |
| DIRECTORS OFFICE RENOVATIONS | 2013-06-04 | 16,582 | 2,780 | SL | 39.000000000000 | 425 | 0 | 425 | |
| K&B EXCAVATING- DRY WELL | 2014-11-05 | 3,050 | 403 | SL | 39.000000000000 | 78 | 0 | 78 | |
| KITCHEN GARBAGE DISPOSAL AND INSTALLATION | 2014-12-26 | 538 | 538 | SL | 5.000000000000 | 0 | 0 | 0 | |
| KITCHEN DISH WASHER | 2015-03-11 | 774 | 749 | SL | 5.000000000000 | 25 | 0 | 25 | |
| CARBON MONOXIDE DETECTOR W/L | 2015-12-23 | 1,120 | 896 | SL | 5.000000000000 | 224 | 0 | 224 | |
| IMAC COMPUTER | 2016-01-11 | 955 | 790 | 200DB | 5.000000000000 | 110 | 0 | 165 | |
| QUICKBOOKS SOFTWARE | 2016-05-18 | 318 | 318 | SL | 3.000000000000 | 0 | 0 | 0 | |
| REFRIGERATOR | 2016-04-04 | 544 | 450 | 200DB | 5.000000000000 | 63 | 0 | 94 | |
| DINING ROOM/BATHROOM FLOORING | 2017-01-14 | 1,600 | 901 | 200DB | 7.000000000000 | 200 | 0 | 229 | |
| DINING ROOM/BATHROOM FLOORING | 2017-01-14 | 3,292 | 1,852 | 200DB | 7.000000000000 | 411 | 0 | 470 | |
| CARPETING ROOM #2 | 2017-09-27 | 850 | 478 | 200DB | 7.000000000000 | 106 | 0 | 121 | |
| KITCHEN STOVE | 2017-02-04 | 1,299 | 925 | 200DB | 5.000000000000 | 150 | 0 | 260 | |
| DOWNSTAIRS BATHROOM RENOVATION | 2017-05-17 | 3,769 | 360 | SL | 27.500000000000 | 137 | 0 | 137 | |
| FREEZER | 2018-03-19 | 598 | 311 | 200DB | 5.000000000000 | 115 | 0 | 120 | |
| NEW BOILER | 2019-02-20 | 8,390 | 188 | SL | 39.000000000000 | 215 | 0 | 215 | |
| EXTERIOR LIGHTING | 2019-01-15 | 1,500 | 37 | SL | 39.000000000000 | 38 | 0 | 38 | |
| REPLACEMENT HOT WATER HEATER | 2020-07-31 | 1,870 | 200DB | 5.000000000000 | 374 | 0 | 156 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALCOA INC | 18,754 | 19,013 |
| BANK OF AMERICA CORP 6.0% CALLABLE 5/16/23 | 75,226 | 83,370 |
| JP MORGAN CHASE & CO 5.75% PDF | 34,536 | 39,340 |
| GENERAL ELECTRIC CO 5.00% FIXED | 49,563 | 46,513 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M | 10,579 | 69,916 |
| AT&T INC | 66,373 | 100,660 |
| COCA COLA | 28,479 | 54,840 |
| DNP SELECT INCOME FD INC | 55,516 | 61,560 |
| DOW INC | 27,419 | 38,850 |
| INTERNATIONAL BUSINESS MACHINES CORP | 42,258 | 50,352 |
| JOHNSON & JOHNSON | 20,997 | 47,214 |
| MERCK & CO INC | 19,422 | 49,080 |
| EVERSOURCE ENERGY | 9,866 | 34,604 |
| PFIZER INC | 66,320 | 73,620 |
| REALTY INCOME CORP | 12,265 | 37,302 |
| TWO HARBORS INVESTMENT CORP | 36,591 | 15,925 |
| UNITEDHEALTH GROUP INC | 14,700 | 175,340 |
| VERIZON COMMUNICATIONS | 56,231 | 88,125 |
| GLAXOSMITHKLINE PLC SPONS ADR | 32,666 | 29,440 |
| VODAFONE GROUP PLC SPONS ADR | 60,106 | 41,200 |
| EXXON MOBIL CORP | 122,415 | 82,440 |
| PEOPLES UTD FINL INC | 45,023 | 36,204 |
| BP L P C SPONS ADR | 80,634 | 41,040 |
| TORONTO DOMINION BANK | 70,274 | 73,346 |
| INVESCO LTD | 32,007 | 31,374 |
| NATIONAL GRID PLC | 32,038 | 35,418 |
| VIATRIS INC | 16,822 | 18,740 |
| ABBVIE INC | 32,876 | 42,860 |
| 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 | 4,851 | 1,649 | 1,649 |
| EQUIPMENT | 1,597 | 1,597 | 0 | 0 |
| IMPROVEMENTS | 135,993 | 96,634 | 39,359 | 39,359 |
| IMPROVEMENTS | 226,555 | 147,681 | 78,874 | 78,874 |
| IMPROVEMENTS 2003 | 69,887 | 44,574 | 25,313 | 25,313 |
| IMPROVEMENTS 2004 | 128,701 | 77,415 | 51,286 | 51,286 |
| IMPROVEMENTS 2005 | 42,350 | 23,934 | 18,416 | 18,416 |
| IMPROVEMENTS 2006 | 10,697 | 5,657 | 5,040 | 5,040 |
| IMPROVEMENTS 2008 | 40,970 | 18,687 | 22,283 | 22,283 |
| IMPROVEMENTS 2009 | 21,422 | 8,991 | 12,431 | 12,431 |
| IMPROVEMENTS | 6,595 | 2,510 | 4,085 | 4,085 |
| DIRECTORS OFFICE RENOVATIONS | 16,582 | 3,205 | 13,377 | 13,377 |
| K&B EXCAVATING- DRY WELL | 3,050 | 481 | 2,569 | 2,569 |
| KITCHEN GARBAGE DISPOSAL AND INSTALLATION | 538 | 538 | 0 | 0 |
| KITCHEN DISH WASHER | 774 | 774 | 0 | 0 |
| CARBON MONOXIDE DETECTOR W/L | 1,120 | 1,120 | 0 | 0 |
| IMAC COMPUTER | 955 | 900 | 55 | 55 |
| QUICKBOOKS SOFTWARE | 318 | 318 | 0 | 0 |
| REFRIGERATOR | 544 | 513 | 31 | 31 |
| DINING ROOM/BATHROOM FLOORING | 1,600 | 1,101 | 499 | 499 |
| DINING ROOM/BATHROOM FLOORING | 3,292 | 2,263 | 1,029 | 1,029 |
| CARPETING ROOM #2 | 850 | 584 | 266 | 266 |
| KITCHEN STOVE | 1,299 | 1,075 | 224 | 224 |
| DOWNSTAIRS BATHROOM RENOVATION | 3,769 | 497 | 3,272 | 3,272 |
| FREEZER | 598 | 426 | 172 | 172 |
| NEW BOILER | 8,390 | 403 | 7,987 | 7,987 |
| EXTERIOR LIGHTING | 1,500 | 75 | 1,425 | 1,425 |
| REPLACEMENT HOT WATER HEATER | 1,870 | 374 | 1,496 | 1,496 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNT CUSTODIAL FEES | 11,505 | 11,505 | 0 | 0 |
| ALARM & SPRINKLER SYSTEMS | 467 | 467 | 0 | 0 |
| BANK SERVICE CHARGES | 165 | 165 | 0 | 0 |
| DUES & SUBSCRIPTIONS | 324 | 324 | 0 | 0 |
| INSURANCE | 8,701 | 7,396 | 0 | 1,305 |
| LANDSCAPING | 5,022 | 5,022 | 0 | 0 |
| OFFICE SUPPLIES | 3,298 | 0 | 0 | 3,298 |
| POSTAGE | 189 | 0 | 0 | 189 |
| REPAIRS & MAINTENANCE | 2,421 | 2,421 | 0 | 0 |
| SUPPLIES & GROCERIES | 32,881 | 32,881 | 0 | 0 |
| UTILITIES | 21,352 | 21,352 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 1,284 | 1,366 |
| PPP LOAN | 0 | 56,862 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 23,110 | 23,100 | 0 | 0 |
| MA ANNUAL REPORT 2020 | 19 | 19 | 0 | 0 |
| MA FORM PC 2019 | 125 | 125 | 0 | 0 |
| FOREIGN TAXES PAID | 451 | 451 | 0 | 0 |