| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax preparation | 5,150 | 2,575 | 2,575 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Fence | 2015-05-05 | 10,645 | 4,674 | 150DB | 5.90 % | 628 | |||
| Bay Window | 2015-06-24 | 1,300 | 261 | SL | 3.64 % | 47 | |||
| Roof | 2015-07-27 | 4,320 | 857 | SL | 3.64 % | 157 | |||
| Heating System | 2019-05-04 | 106,893 | 4,457 | SL | 2.56 % | 2,741 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Corporate Bonds | 795,082 | 786,449 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Corporate Stocks | 1,263,509 | 2,453,110 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 40,000 | 40,000 | 40,000 | |
| Buildings | 3,280,528 | 3,280,528 | 3,142,100 | |
| Improvements | 134,764 | |||
| Land | 113,000 | |||
| Miscellaneous | 134,764 | 25,428 | 109,336 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Charges | 263 | 263 | ||
| Contract Services | 39,504 | 39,504 | ||
| Dues & Education | 1,765 | 1,765 | ||
| Equipment Expense | 4,464 | 4,464 | ||
| Excess Operating Expenses | -265,814 | 265,814 | ||
| Insurance | 162,525 | 162,525 | ||
| Miscellaneous | 666 | 666 | ||
| Repairs | 26,247 | 26,247 | ||
| Residents Activity Expenses | 3,100 | 3,100 | ||
| Residents Food Expenses | 49,572 | 49,572 | ||
| Supplies | 29,416 | 29,416 | ||
| Telephone Expenses | 3,834 | 3,834 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Oil Royalties | 216 | 216 | |
| Residents' Fees | 717,546 | 717,546 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment fees | 16,948 | 16,948 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Payroll Taxes | 43,380 | 43,380 | ||
| Foreign Taxes Withheld | 769 | 769 | ||
| Payroll Taxes: State | 7,047 | 7,047 |