| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,650 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| BROKER LEASE COMM2233 | 2021-06-30 | 9,212 | 15.0000 | 358 | 358 |
| 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 2647 | 2021-01-01 | 1,205,252 | S/L | 39.0000 | 29,616 | ||||
| LAND 2647 | 2021-01-01 | 294,784 | |||||||
| 2233 LARIMER | 2021-01-01 | 762,473 | S/L | 39.0000 | 18,736 | ||||
| 2233 LARIMER STREET LAND | 2021-01-01 | 237,527 | |||||||
| IMPROVEMENTS 2647 | 2021-06-30 | 141,657 | S/L | 39.0000 | 1,967 | ||||
| IMROVEMENTS 2233 | 2021-06-30 | 38,560 | S/L | 39.0000 | 536 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 250,000 | |||
| BUILDINGS | 2,250,000 | |||
| TENANT IMPROVEMENTS | 58,560 | |||
| CIP - CORE AND SHELL | 17,257 | |||
| BROKER LEASE COMMISSIONS | 32,984 | |||
| BUILDING IMPROVEMENTS | 104,340 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL RENTAL PROPERTY | 826 | 826 | 826 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL RENTAL PROPERTY | ||||
| INSURANCE | 3,561 | 3,561 | 3,561 | |
| MANAGEMENT FEES | 18,000 | 18,000 | 18,000 | |
| REPAIRS | 2,642 | 2,642 | 2,642 | |
| UTILITIES | 3,583 | 3,583 | 3,583 | |
| OFFICE EXPENSE | 484 | 484 | 484 | |
| ADVERTISING | 915 | 915 | 915 | |
| SNOW REMOVAL | 1,509 | 1,509 | 1,509 | |
| PROFESSIONAL SERVICES | 5,636 | 5,636 | 5,636 | |
| EXPENSES | ||||
| BROKER LEASE COMM 2647 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RELATED PAYABLES | 3 | |
| TENNANT DEPOSITS | 38,174 | |
| RELATED PARTY LOANS | 545,000 | |
| INTERACTIVITY PAYABLES | 31,658 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
NOTES RECEIVABLE |
2,200,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERCIAL RENTAL PROPERTY | 34,223 | 34,223 | 34,223 |