| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 8,748 | 5,000 | 0 | 3,748 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2016-08-01 | 2,565,590 | 224,762 | SL | 39.000000000000 | 65,784 | 65,784 | 65,784 | |
| SECURITY EQUIPMENT | 2016-08-01 | 34,642 | 23,671 | SL | 5.000000000000 | 6,928 | 6,928 | 6,928 | |
| LANDSCAPING | 2016-08-01 | 22,844 | 7,806 | SL | 10.000000000000 | 2,284 | 2,284 | 2,284 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 57730 SH BERKSHIRE HILLS BANCORP | 988,338 | 988,338 |
| 25,000 FORTRESS TRAN 8.25% PFD | 562,973 | 562,973 |
| 77500 SH FORTRESS TRANSPORTATION | 1,818,150 | 1,818,150 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2,565,590 | 290,546 | 2,275,044 | 2,275,044 |
| SECURITY EQUIPMENT | 34,642 | 30,599 | 4,043 | 4,043 |
| LANDSCAPING | 22,844 | 10,090 | 12,754 | 12,754 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 10,028 | 5,000 | 0 | 5,028 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| GRANTS RECOVERABLE | 3,760 | 4,260 | 4,260 |
| ACCRUED INTEREST RECEIVABLE | 46,995 | 23,739 | 23,739 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENT SECURITIES | 697,186 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEES/LICENSES | 288 | 0 | 0 | 288 |
| PERSONAL PROTECTION EQUIPMENT COVID | 5,000 | 0 | 0 | 5,000 |
| ADVERTISING | 3,078 | 0 | 0 | 3,078 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSIT | 22,774 | 22,812 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 15,615 | 15,615 | 0 | 0 |
| CONSULTANTS | 50,000 | 50,000 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE | 2,600 | 0 | 0 | 0 |