| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,500 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE BUILDING | 2012-01-01 | 156,507 | 31,937 | SL | 39.000000000000 | 4,013 | 4,013 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 14,893 | 3,040 | SL | 39.000000000000 | 382 | 382 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 10,000 | 2,038 | SL | 39.000000000000 | 256 | 256 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 54,216 | 11,062 | SL | 39.000000000000 | 1,390 | 1,390 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 15,000 | 3,064 | SL | 39.000000000000 | 385 | 385 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 18,691 | 3,812 | SL | 39.000000000000 | 479 | 479 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 23,908 | 4,878 | SL | 39.000000000000 | 613 | 613 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 20,000 | 4,082 | SL | 39.000000000000 | 513 | 513 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 33,493 | 6,836 | SL | 39.000000000000 | 859 | 859 | ||
| BUILDING IMPROVEMENTS | 2012-01-01 | 14,525 | 2,962 | SL | 39.000000000000 | 372 | 372 | ||
| IMPROVEMENTS | 2012-01-01 | 1,499 | 304 | SL | 39.000000000000 | 38 | 38 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE BUILDING | 156,507 | 35,950 | 120,557 | |
| BUILDING IMPROVEMENTS | 14,893 | 3,422 | 11,471 | |
| BUILDING IMPROVEMENTS | 10,000 | 2,294 | 7,706 | |
| BUILDING IMPROVEMENTS | 54,216 | 12,452 | 41,764 | |
| BUILDING IMPROVEMENTS | 15,000 | 3,449 | 11,551 | |
| BUILDING IMPROVEMENTS | 18,691 | 4,291 | 14,400 | |
| BUILDING IMPROVEMENTS | 23,908 | 5,491 | 18,417 | |
| BUILDING IMPROVEMENTS | 20,000 | 4,595 | 15,405 | |
| BUILDING IMPROVEMENTS | 33,493 | 7,695 | 25,798 | |
| BUILDING IMPROVEMENTS | 14,525 | 3,334 | 11,191 | |
| IMPROVEMENTS | 1,499 | 342 | 1,157 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT - ENGEL STADIUM PLACE | AT COST | 63,033 | 63,033 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 248 | 0 | 0 | |
| PEST CONTROL | 463 | 463 | 0 | |
| LANDSCAPING | 1,440 | 1,440 | 0 | |
| UTILITIES | 9,320 | 9,320 | 0 | |
| REPAIRS & MAINTENANCE | 7,878 | 7,878 | 0 |
| Name | Address |
|---|---|
| MICKEY L TURNER |
16 GLEN IRIS PARK BIRMINGHAM,AL35205 |