| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 350 | 350 | 350 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FIRE ALARM SYSTEM | 1994-06-01 | 6,507 | 6,507 | S/L | 15.0000 | ||||
| HEATER | 1985-11-01 | 75 | 75 | S/L | 15.0000 | ||||
| MOWERS | 1989-07-01 | 1,500 | 1,500 | S/L | 5.0000 | ||||
| BLDG IMPROVEMENTS | 1993-11-01 | 14,208 | 12,630 | S/L | 30.0000 | 474 | 474 | 474 | |
| BED | 1993-01-01 | 289 | 289 | S/L | 5.0000 | ||||
| TELEVISION | 1993-04-01 | 100 | 100 | S/L | 5.0000 | ||||
| RESTROOMS/CLOSETS | 1997-06-30 | 17,821 | 17,821 | S/L | 20.0000 | ||||
| 5 AIR CONDITIONERS- 1 TV | 1997-06-30 | 1,222 | 1,222 | S/L | 10.0000 | ||||
| WASHING MACHINE | 1993-06-01 | 150 | 150 | S/L | 7.0000 | ||||
| HOTEL AND APARTMENTS | 2030-01-01 | 125,594 | 125,594 | S/L | 30.0000 | ||||
| 7 AIR CONDITIONER UNITS | 2000-06-15 | 1,008 | 1,008 | 200DB | 7.0000 | ||||
| 4 TELEVISIONS | 2000-06-15 | 484 | 484 | 200DB | 7.0000 | ||||
| 3 HEATERS | 2000-06-15 | 505 | 505 | 200DB | 7.0000 | ||||
| JOHN DEERE MOWER | 2000-06-15 | 1,500 | 1,500 | 200DB | 5.0000 | ||||
| STOVE & GRILL | 2000-06-15 | 2,630 | 2,630 | 200DB | 7.0000 | ||||
| DEEP FRYER | 2000-06-15 | 323 | 323 | 200DB | 7.0000 | ||||
| IMPROVEMENTS | 2000-06-15 | 8,800 | 4,824 | S/L | 39.0000 | 226 | 226 | 226 | |
| 3 BED SETS | 2001-08-23 | 477 | 477 | 200DB | 7.0000 | ||||
| WASHER | 2001-10-02 | 399 | 399 | 200DB | 7.0000 | ||||
| DRYER | 2001-10-16 | 160 | 160 | 200DB | 7.0000 | ||||
| DRYER | 2001-11-21 | 108 | 108 | 200DB | 7.0000 | ||||
| 3 A/C UNITS | 2003-06-17 | 452 | 452 | 200DB | 7.0000 | ||||
| USED DRYER | 2003-05-18 | 50 | 50 | 200DB | 7.0000 | ||||
| 2 TV SETS | 2003-07-03 | 126 | 126 | 200DB | 7.0000 | ||||
| NEW DRYER | 2003-09-09 | 365 | 365 | 200DB | 5.0000 | ||||
| BEDROOM SET | 2003-09-29 | 150 | 150 | 200DB | 7.0000 | ||||
| 1 TELEVISION | 2004-03-18 | 60 | 60 | S/L | 5.0000 | ||||
| 2 TELEVISIONS | 2004-03-25 | 130 | 130 | S/L | 5.0000 | ||||
| SEARS WASHING MACHINE | 2004-05-29 | 475 | 475 | S/L | 7.0000 | ||||
| RAMP REBUILD | 2004-04-08 | 1,700 | 1,378 | S/L | 20.0000 | 85 | 85 | 85 | |
| STOVE | 2006-07-24 | 1,650 | 1,650 | 200DB | 7.0000 | ||||
| ROOF - APARTMENT | 2010-11-17 | 31,990 | 8,956 | S/L | 39.0000 | 820 | 820 | 820 | |
| BUILDING IMPROVEMENTS (KARGES) | 2013-01-31 | 20,500 | 4,622 | S/L | 39.0000 | 526 | 526 | 526 | |
| ROOM IMPS/ACCESSORIES | 2014-07-10 | 4,238 | 4,238 | 200DB | 7.0000 | ||||
| A/C UNITS | 2014-06-03 | 646 | 646 | 200DB | 7.0000 | ||||
| CLOTHES DRYER | 2014-07-10 | 730 | 730 | 200DB | 7.0000 | ||||
| ROOM IMP/ACCESSORIES | 2015-06-30 | 7,158 | 7,158 | 200DB | 7.0000 | ||||
| ROOM IMPS/TELEVISIONS | 2015-06-30 | 1,775 | 1,775 | 200DB | 7.0000 | ||||
| WASHING MACHINE | 2015-04-18 | 750 | 750 | 200DB | 7.0000 | ||||
| A/C UNIT | 2016-03-22 | 571 | 571 | 200DB | 7.0000 | ||||
| 2 A/C UNITS | 2016-04-11 | 461 | 389 | 200DB | 7.0000 | 30 | 30 | 30 | |
| WASHING MACHINE | 2016-06-23 | 630 | 630 | 200DB | 7.0000 | ||||
| REFRIGERATOR | 2016-07-06 | 900 | 900 | 200DB | 7.0000 | ||||
| WASHER/DRYER | 2016-07-27 | 1,869 | 1,869 | 200DB | 7.0000 | ||||
| TWIN & QUEEN BED FRAMES | 2016-09-09 | 1,220 | 1,220 | 200DB | 7.0000 | ||||
| 2 TWIN BED FRAMES | 2016-09-23 | 900 | 900 | 200DB | 7.0000 | ||||
| NEW WINDOWS/SIDING | 2016-12-09 | 18,000 | 14,880 | 200DB | 7.0000 | 1,085 | 1,085 | 1,085 | |
| ROOM IMPROVEMENTS-LUGGAGE RACKS/LAMPS | 2017-03-16 | 866 | 849 | 200DB | 7.0000 | 5 | 5 | 5 | |
| 8 MICROWAVES/MINI FRIDGE | 2017-05-01 | 1,116 | 1,092 | 200DB | 7.0000 | 7 | 7 | 7 | |
| HEATER | 2017-11-15 | 187 | 187 | 200DB | 7.0000 | ||||
| MAJOR IMPROVEMENTS-SIDING/WINDOWS | 2017-02-22 | 41,700 | 31,967 | 200DB | 7.0000 | 2,781 | 2,781 | 2,781 | |
| APARTMENT 2 & 4 MAJOR REMODEL | 2018-10-16 | 48,966 | 3,931 | S/L | 27.5000 | 1,781 | 1,781 | 1,781 | |
| PARKING | 2018-03-02 | 5,620 | 5,620 | 150DB | 15.0000 | ||||
| SIDEWALKS | 2018-03-02 | 6,923 | 6,923 | 150DB | 15.0000 | ||||
| LAWN MOWER | 2019-04-01 | 3,500 | 813 | 200DB | 7.0000 | 768 | 768 | 768 | |
| NEW ELECTRICAL | 2019-10-08 | 6,702 | 294 | S/L | 27.5000 | 244 | 244 | 244 | |
| AIR CONDITIONER | 2020-01-21 | 379 | 47 | S/L | 7.0000 | 54 | 54 | 54 | |
| CABINETS MANAGE | 2020-02-15 | 1,022 | 128 | S/L | 7.0000 | 146 | 146 | 146 | |
| GASKET WALK IN | 2020-02-15 | 463 | 58 | S/L | 7.0000 | 66 | 66 | 66 | |
| HOT WATER HEATER | 2020-02-15 | 430 | 54 | S/L | 7.0000 | 61 | 61 | 61 | |
| PAINT MANAGERS | 2020-02-15 | 471 | 59 | S/L | 7.0000 | 67 | 67 | 67 | |
| REFRIGERATOR | 2020-03-18 | 258 | 32 | S/L | 7.0000 | 37 | 37 | 37 | |
| TELEVISIONS | 2020-03-18 | 389 | 49 | S/L | 7.0000 | 56 | 56 | 56 | |
| 2 AIR CONDITIONERS | 2020-05-10 | 558 | 50 | S/L | 7.0000 | 80 | 80 | 80 | |
| BLINDS DINING ROOM | 2020-05-17 | 283 | 25 | S/L | 7.0000 | 40 | 40 | 40 | |
| LINENS | 2020-05-17 | 392 | 82 | S/L | 7.0000 | 56 | 56 | 56 | |
| STAIR RAILING | 2020-05-20 | 167 | 15 | S/L | 7.0000 | 24 | 24 | 24 | |
| FRONT SCREEN DOOR | 2020-06-02 | 349 | 31 | S/L | 7.0000 | 50 | 50 | 50 | |
| WINDOW SCREENING | 2020-06-05 | 254 | 32 | S/L | 7.0000 | 36 | 36 | 36 | |
| LINENS | 2020-06-18 | 196 | 41 | S/L | 7.0000 | 28 | 28 | 28 | |
| WINDOW SCREENING | 2020-07-15 | 568 | 43 | S/L | 7.0000 | 81 | 81 | 81 | |
| STOVE APT 4 | 2020-09-07 | 570 | 31 | S/L | 7.0000 | 81 | 81 | 81 | |
| WEEDEATER | 2020-09-07 | 150 | 8 | S/L | 7.0000 | 21 | 21 | 21 | |
| SMOKE DETECTORS | 2020-10-08 | 217 | 4 | S/L | 7.0000 | 31 | 31 | 31 | |
| 2 AC'S W/ HEAT | 2020-11-14 | 1,263 | 23 | S/L | 7.0000 | 180 | 180 | 180 | |
| COMPUTER | 2020-12-10 | 596 | 11 | S/L | 7.0000 | 85 | 85 | 85 | |
| PORCH ROOF (SOUTH) | 2021-02-12 | 3,000 | S/L | 27.5000 | 95 | 95 | 95 | ||
| PLUMBING RENOVATIONS | 2021-05-09 | 32,300 | S/L | 27.5000 | 734 | 734 | 734 | ||
| CABINETS | 2021-02-07 | 596 | S/L | 27.5000 | 19 | 19 | 19 | ||
| WATER HEATER | 2021-03-28 | 427 | 200DB | 5.0000 | 427 | 427 | 427 | ||
| WATER HEATER | 2021-08-29 | 543 | 200DB | 5.0000 | 543 | 543 | 543 | ||
| AIR CONDITIONERS | 2021-10-05 | 1,366 | 200DB | 5.0000 | 1,366 | 1,366 | 1,366 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 444,143 | 299,171 | 144,972 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 478 | 478 | 478 | |
| CONTRACT LABOR | 2,243 | 2,243 | 2,243 | |
| CREDIT CARD FEES | 2,490 | 2,490 | 2,490 | |
| EXTERMINATING | 1,655 | 1,655 | 1,655 | |
| INSURANCE | 4,609 | 4,609 | 4,609 | |
| SUPPLIES - HOTEL | 6,584 | 6,584 | 6,584 | |
| REPAIRS - HOTEL & APTS | 16,992 | 16,992 | 16,992 | |
| TELEPHONE | 859 | 859 | 859 | |
| FUNDRAISING EXPENSES | 4,238 | 4,238 | 4,238 | |
| UTILITIES | 22,881 | 22,881 | 22,881 | |
| OFFICE EXPENSE | 617 | 617 | 617 | |
| FIRE & SAFETY | 625 | 625 | 625 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RAFFLE PROCEEDS | 6,058 | 6,058 | |
| COOKBOOK SALES | 910 | 910 | |
| OTHER REVENUES | 251 | 251 |
| Description | Amount |
|---|---|
| PRIOR PERIOD CORRECTION | 39,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| APARTMENT DEPOSITS | 2,390 | 2,190 |
| PAYROLL LIABILITIES | 2,339 | |
| HOTEL TAX PAYABLE | 768 | 499 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,421 | 3,421 | 3,421 | |
| EXCISE TAX | 77 | 77 | 77 |