| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX ACCOUNTING FEES | 10,008 |
| 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 | 2009-01-01 | 40,000 | 12,112 | S/L | 39.0000 | 1,000 | 1,000 | 1,000 | |
| CONTAINER OFFICE | 2010-11-16 | 4,500 | 4,500 | S/L | 5.0000 | ||||
| COMPUTER | 2021-04-14 | 2,974 | 200DB | 5.0000 | 2,974 | 2,974 | 2,974 | ||
| FEE INTEREST | 2018-03-01 | 2,250,000 | |||||||
| TITLE & RECORDING FEES | 2018-03-01 | 5,034 | |||||||
| NEC PROJECTOR | 2001-08-31 | 4,578 | 4,578 | 200DB | 7.0000 | ||||
| DIGITAL CAMERA | 2001-08-31 | 421 | 421 | 200DB | 7.0000 | ||||
| COMPUTER EQUIPMENT | 2003-09-17 | 2,587 | 2,587 | 200DB | 5.0000 | ||||
| COMPUTER EQUIPMENT | 2004-01-20 | 1,666 | 1,666 | 200DB | 5.0000 | ||||
| DISPLAY SCREEN | 2009-03-09 | 475 | 475 | 200DB | 5.0000 | ||||
| CENTURY SQUARE, STE 908 | 2013-12-31 | 144,100 | 26,018 | S/L | 39.0000 | 3,695 | |||
| APPLE COMPUTER | 2015-10-01 | 973 | 973 | 200DB | 5.0000 | ||||
| CENTURY SQUARE STE 907 | 2015-12-29 | 103,700 | 13,295 | S/L | 39.0000 | 2,659 | |||
| EQUIPMENT | 2017-11-02 | 1,000 | 1,000 | 200DB | 10.0000 | ||||
| APPLE COMPUTERS | 2020-10-31 | 3,057 | 3,057 | 200DB | 5.0000 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 40,000 | 13,112 | 26,888 | 26,888 |
| CONTAINER OFFICE | 4,500 | 4,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HO'OKAHUA DEVELOPMENT LLC | AT COST | 36,100 | 36,100 |
| IKENAKEA LLC | AT COST | 57,750 | 57,750 |
| LAULIMA DEVELOPMENT LLC | AT COST | 123,796 | 123,796 |
| LAULIMA MAILE LLP | AT COST | 2,500 | 2,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 14,757 | 14,755 | 2 | |
| CENTURY SQUARE, SUITE 908 | 144,100 | 28,677 | 115,423 | 115,423 |
| CENTURY SQUARE, SUITE 907 | 103,700 | 16,606 | 87,094 | 87,094 |
| FEE INTEREST - HALE MAKANA O MAILI | 2,255,034 | 2,255,034 | 2,255,034 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PROJECT COST ADVANCES | 326,509 | 326,509 | |
| FEDERAL EXCISE TAX DEPOSITS | 1,569 | 1,569 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERC. LEASES KALEOLOA HI | ||||
| CONTRACT SERVICES | 46,332 | 46,332 | 46,332 | |
| MAINTENANCE EXPENSES | 1,039 | 1,039 | 1,039 | |
| MEETINGS | 365 | 365 | 365 | |
| OFFICE EXPENSE | 5,036 | 5,036 | 5,036 | |
| OPERATING SUPPLIES | 1,039 | 1,039 | 1,039 | |
| UTILITIES - ELECTRICITY | 54,438 | 54,438 | 54,438 | |
| UTILITIES - WATER | 1,002 | 1,002 | 1,002 | |
| UTILITIES REIMBURSEMENTS | -18,711 | -18,711 | -18,711 | |
| MAKANA LAUNDRY | ||||
| EQUIPMENT MAINTENANCE | 12,000 | 12,000 | 12,000 | |
| EXPENSES | ||||
| BANK FEES | 10 | |||
| COMMUNICATIONS | 8,522 | |||
| INDEPENDENT CONTRACTORS | 26,000 | |||
| INSURANCE | 4,260 | |||
| SUPPLIES - KALAELOA | 1,039 | |||
| SUPPLIES | 27 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ASSET MANAGEMENT FEE | 48,642 | 48,642 | |
| DEVELOPMENT FEES | 614,500 | 614,500 | |
| PROJECT EXP. REIMBURSEMENT | 93,923 | 93,923 | |
| STATE TAX REFUND | 1,318 | 1,318 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ADVANCES FROM MANA O KA LA LLC | 26,500 | 26,500 |
| HALAWA VIEW HOUSING PTRS L. P. | 159 | 159 |
| KEWALO HOUSING PARTNERS L.P. | 113 | 113 |
| NANAKULI KAUHALE DEV. L. P. | 71 | 71 |
| HCDE ADVANCES | 7,047 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NANAKULI KAUHALE DEVELOPMENT LP | 1,428,811 | 1,428,811 | 0 % | MORTGAGE SECURITY |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMERC. LEASES KALEOLOA HI | 20,691 | 20,691 | 20,691 |