| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PRESTIGE | 8,268 | 0 | 778 | 7,490 |
| MARK PANETH LLP | 12,100 | 5,480 | 1,138 | 5,480 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TRUCKS & TRAILERS (2005 CHEVY WHITE) | 2005-01-13 | 29,351 | 29,351 | SL | 5.000000000000 | 0 | 0 | 0 | |
| TRUCK (2002 FORD FROM JK) | 2006-11-01 | 18,250 | 18,250 | SL | 5.000000000000 | 0 | 0 | 0 | |
| TRAILER-2011 FEATHERLIT | 2011-09-28 | 9,551 | 9,551 | SL | 5.000000000000 | 0 | 0 | 0 | |
| GENERAC PORTABLE GENERATOR | 2011-09-28 | 2,729 | 2,729 | SL | 5.000000000000 | 0 | 0 | 0 | |
| 2011 POLARIS RANGER | 2011-06-15 | 14,700 | 14,700 | SL | 5.000000000000 | 0 | 0 | 0 | |
| V908985 LENOVO THINK CENTRE | 2013-02-22 | 638 | 638 | SL | 5.000000000000 | 0 | 0 | 0 | |
| 2013 CHEVY SILVERADO (VIN 1GC0KVC89DZ312473) | 2013-05-09 | 38,270 | 38,270 | SL | 5.000000000000 | 0 | 0 | 0 | |
| DUMP INSERT 2005 CHEVY SILVERADO | 2013-06-19 | 4,920 | 4,920 | SL | 5.000000000000 | 0 | 0 | 0 | |
| WONDER BLOWER (OSSINING LAWN) | 2013-10-14 | 1,475 | 1,475 | SL | 5.000000000000 | 0 | 0 | 0 | |
| STIHL MS 461 CHAIN SAW + CHAIN | 2014-07-01 | 1,136 | 1,136 | SL | 5.000000000000 | 0 | 0 | 0 | |
| LONG RANGE WIRELESS ACCESS POINT ON GATEHOUSE | 2014-08-26 | 4,150 | 4,150 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BARREL HYDROPONIC SYSTEM | 2015-01-05 | 237 | 237 | SL | 5.000000000000 | 0 | 0 | 0 | |
| METAL ENCLOSURE FOR SMALL ANIMALS/CORRALS | 2015-04-15 | 1,975 | 1,974 | SL | 5.000000000000 | 0 | 0 | 0 | |
| RED MAX BACK PAC BLOWER, CHAINS (OSSINING LAWN) | 2015-09-30 | 708 | 708 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CHICKEN HOUSE RESTORATION | 2015-12-07 | 1,343 | 1,343 | SL | 5.000000000000 | 0 | 0 | 0 | |
| TRACTOR OVERHAUL | 2016-01-25 | 9,826 | 9,826 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SIMS CAB WITH HEATER (KUBOTA TRACTOR) | 2016-05-09 | 7,061 | 6,590 | SL | 5.000000000000 | 471 | 0 | 471 | |
| BOHN CONDENSING UNIT, SERIAL# T16L13898 | 2017-01-04 | 5,189 | 4,151 | SL | 5.000000000000 | 1,038 | 0 | 1,038 | |
| ELECTRIC DRYER FOR 205 CROW HILL RD (SEARS) | 2017-05-01 | 698 | 512 | SL | 5.000000000000 | 140 | 0 | 140 | |
| 13 HP PUSH BEHIND LITTLE GIANT BLOWER (S/N 1176006301) | 2018-04-13 | 1,700 | 921 | SL | 5.000000000000 | 340 | 0 | 340 | |
| AERATOR (BLOWER REGEN 3.5HP) (PENTAIR) | 2018-02-07 | 1,434 | 837 | SL | 5.000000000000 | 287 | 0 | 287 | |
| MALE BERKSHIRE PIG | 2018-06-19 | 750 | 375 | SL | 5.000000000000 | 150 | 0 | 150 | |
| HEDGE TRIMMER | 2019-07-18 | 570 | 171 | SL | 5.000000000000 | 114 | 0 | 114 | |
| SOLAR GATE | 2002-01-18 | 1,018 | 1,018 | SL | 7.000000000000 | 0 | 0 | 0 | |
| AQUACULTURAL EQUIP | 2005-06-09 | 1,987 | 1,987 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SNOW PLOW | 2005-02-04 | 3,825 | 3,825 | SL | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT & SUPPLIES | 2005-11-29 | 1,699 | 1,699 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MACHINERY | 2005-12-18 | 4,185 | 4,185 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MACHINERY/WOOD CHIPPER | 2006-05-01 | 7,000 | 7,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MACHINERY & EQUIPMENT/WOOD CHIPPER | 2009-06-15 | 3,000 | 3,000 | SL | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2010-05-24 | 6,406 | 6,406 | SL | 7.000000000000 | 0 | 0 | 0 | |
| PUMP MOTOR | 2010-03-12 | 2,157 | 2,157 | SL | 7.000000000000 | 0 | 0 | 0 | |
| TELEPHONE ENTRY SYSTEM | 2010-12-20 | 4,049 | 4,049 | SL | 7.000000000000 | 0 | 0 | 0 | |
| BROCK HOPPER BIN | 2011-05-13 | 3,698 | 3,698 | SL | 7.000000000000 | 0 | 0 | 0 | |
| REFRIGERATOR 205 CROW HILL RD | 2013-04-17 | 2,209 | 2,209 | SL | 7.000000000000 | 0 | 0 | 0 | |
| REFRIGERATOR 125 CROW HILL RD | 2013-04-17 | 479 | 479 | SL | 7.000000000000 | 0 | 0 | 0 | |
| ONAN GENERATOR MODEL# 20GGMA + INSTALL. | 2013-05-10 | 17,060 | 17,060 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FENCE PROJECT | 2014-09-19 | 18,150 | 16,422 | SL | 7.000000000000 | 1,728 | 0 | 1,728 | |
| ROTATING DRUM FILTER FOR AQUACULTURE | 2014-09-09 | 6,500 | 5,881 | SL | 7.000000000000 | 619 | 0 | 619 | |
| FILTER FRAME SUPPORT (GP IRON) | 2014-10-24 | 1,200 | 1,057 | SL | 7.000000000000 | 143 | 0 | 143 | |
| FILTER REBUILD (GRAINGER) | 2015-10-21 | 1,438 | 1,061 | SL | 7.000000000000 | 205 | 0 | 205 | |
| EEL AQUAPONICS SYSTEM | 2015-10-01 | 2,264 | 1,698 | SL | 7.000000000000 | 323 | 0 | 323 | |
| HYDROPONICS SYSTEM REBUILD | 2017-06-30 | 1,993 | 854 | SL | 7.000000000000 | 285 | 0 | 285 | |
| GENERAC MODEL#GP17500E | 2019-05-29 | 3,262 | 699 | SL | 7.000000000000 | 466 | 0 | 466 | |
| GREENHOUSE PANELS + LABOR | 2012-08-30 | 19,979 | 16,649 | SL | 10.000000000000 | 1,998 | 0 | 1,998 | |
| DOLPHIN PUMP + WIRING | 2014-12-01 | 1,518 | 924 | SL | 10.000000000000 | 152 | 0 | 152 | |
| BUILDING IMPROV | 2002-03-08 | 1,655 | 787 | SL | 39.000000000000 | 42 | 0 | 42 | |
| BUILDINGS (SLAB FOR NEW BARN) | 2005-08-16 | 23,624 | 9,315 | SL | 39.000000000000 | 606 | 0 | 606 | |
| BUILDINGS (COMPOST SLAB, NEW BARN) | 2005-12-08 | 52,885 | 20,397 | SL | 39.000000000000 | 1,356 | 0 | 1,356 | |
| BUILDINGS (FORM WALLS ON SLAB) | 2006-01-01 | 4,400 | 1,688 | SL | 39.000000000000 | 113 | 0 | 113 | |
| SHED FOR BOILER | 2007-11-01 | 1,167 | 393 | SL | 39.000000000000 | 30 | 0 | 30 | |
| WASTE OIL BOILER | 2007-02-13 | 7,475 | 2,661 | SL | 39.000000000000 | 192 | 0 | 192 | |
| BIOREACTOR | 2007-02-13 | 2,769 | 985 | SL | 39.000000000000 | 71 | 0 | 71 | |
| BOILER & OIL TANK (275 GAL. OIL TANK & WEIL MCLAIN BOILER) | 2008-10-07 | 8,800 | 2,765 | SL | 39.000000000000 | 226 | 0 | 226 | |
| OUTDOOR WOOD FURNACE | 2010-11-05 | 8,533 | 2,224 | SL | 39.000000000000 | 219 | 0 | 219 | |
| GREENHOUSE BOILER | 2010-11-17 | 10,079 | 2,606 | SL | 39.000000000000 | 258 | 0 | 258 | |
| PARTS/LABOR TO INSTALL WOOD BOILER | 2011-02-10 | 4,878 | 1,230 | SL | 39.000000000000 | 125 | 0 | 125 | |
| PARTS/LABOR OFFICE BASEBOARD | 2011-02-10 | 1,436 | 362 | SL | 39.000000000000 | 37 | 0 | 37 | |
| REZNOR BLOWER TYPE HEATER IN GH | 2011-02-10 | 4,773 | 1,203 | SL | 39.000000000000 | 122 | 0 | 122 | |
| GREENHOUSE ROOF (BREAKROOM) | 2019-02-07 | 3,800 | 186 | SL | 39.000000000000 | 97 | 0 | 97 | |
| LAND IMPROV/ROAD(VENDOR - OUTDOOR) | 2006-04-04 | 13,772 | 13,542 | SL | 15.000000000000 | 230 | 0 | 230 | |
| LAND IMPROV/WELL (BOYD-DRILLING & WELL PUMP) | 2006-06-06 | 17,335 | 16,855 | SL | 15.000000000000 | 480 | 0 | 480 | |
| LAND IMPROV/WELL | 2009-12-15 | 8,122 | 6,000 | SL | 15.000000000000 | 541 | 0 | 541 | |
| IMPROVE DRAINAGE (LAWTON ADAMS) | 2014-04-11 | 2,788 | 1,239 | SL | 15.000000000000 | 186 | 0 | 186 | |
| SUPPLY WATER & ELECTRICITY TO WATERSHED PROJECT | 2014-10-01 | 5,319 | 2,217 | SL | 15.000000000000 | 355 | 0 | 355 | |
| WATERSHED PROJECT (OWNER PORTION) | 2014-10-03 | 4,624 | 1,926 | SL | 15.000000000000 | 308 | 0 | 308 | |
| LAKE RESTORATION | 2015-09-05 | 15,116 | 5,375 | SL | 15.000000000000 | 1,008 | 0 | 1,008 | |
| GREENHOUSE DRAINAGE PROJECT | 2019-06-30 | 6,068 | 606 | SL | 15.000000000000 | 405 | 0 | 405 | |
| POWERWASHER | 2020-02-17 | 1,377 | 264 | SL | 5.000000000000 | 275 | 0 | 275 | |
| ONE BREEDING RAM | 2020-10-06 | 325 | 16 | SL | 5.000000000000 | 65 | 0 | 65 | |
| TWO SHETLAND BREEDING EWES | 2021-05-05 | 600 | SL | 5.000000000000 | 80 | 0 | 80 | ||
| BREEDING BOAR | 2021-05-09 | 614 | SL | 5.000000000000 | 82 | 0 | 82 | ||
| EXMARK MOWER | 2002-04-10 | 7,200 | SL | 7.000000000000 | 0 | 0 | 0 | ||
| PAVING | 2021-03-29 | 15,000 | SL | 15.000000000000 | 750 | 0 | 750 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| KISCO TAX-EXEMPT INVESTORS | AT COST | 4,390,552 | 5,345,141 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TRUCKS & TRAILERS (2005 CHEVY WHITE) | 29,351 | 29,351 | 0 | |
| TRUCK (2002 FORD FROM JK) | 18,250 | 18,250 | 0 | |
| TRAILER-2011 FEATHERLIT | 9,551 | 9,551 | 0 | |
| GENERAC PORTABLE GENERATOR | 2,729 | 2,729 | 0 | |
| 2011 POLARIS RANGER | 14,700 | 14,700 | 0 | |
| V908985 LENOVO THINK CENTRE | 638 | 638 | 0 | |
| 2013 CHEVY SILVERADO (VIN 1GC0KVC89DZ312473) | 38,270 | 38,270 | 0 | |
| DUMP INSERT 2005 CHEVY SILVERADO | 4,920 | 4,920 | 0 | |
| WONDER BLOWER (OSSINING LAWN) | 1,475 | 1,475 | 0 | |
| STIHL MS 461 CHAIN SAW + CHAIN | 1,136 | 1,136 | 0 | |
| LONG RANGE WIRELESS ACCESS POINT ON GATEHOUSE | 4,150 | 4,150 | 0 | |
| BARREL HYDROPONIC SYSTEM | 237 | 237 | 0 | |
| METAL ENCLOSURE FOR SMALL ANIMALS/CORRALS | 1,975 | 1,974 | 1 | |
| RED MAX BACK PAC BLOWER, CHAINS (OSSINING LAWN) | 708 | 708 | 0 | |
| CHICKEN HOUSE RESTORATION | 1,343 | 1,343 | 0 | |
| TRACTOR OVERHAUL | 9,826 | 9,826 | 0 | |
| SIMS CAB WITH HEATER (KUBOTA TRACTOR) | 7,061 | 7,061 | 0 | |
| BOHN CONDENSING UNIT, SERIAL# T16L13898 | 5,189 | 5,189 | 0 | |
| ELECTRIC DRYER FOR 205 CROW HILL RD (SEARS) | 698 | 652 | 46 | |
| 13 HP PUSH BEHIND LITTLE GIANT BLOWER (S/N 1176006301) | 1,700 | 1,261 | 439 | |
| AERATOR (BLOWER REGEN 3.5HP) (PENTAIR) | 1,434 | 1,124 | 310 | |
| MALE BERKSHIRE PIG | 750 | 525 | 225 | |
| HEDGE TRIMMER | 570 | 285 | 285 | |
| SOLAR GATE | 1,018 | 1,018 | 0 | |
| AQUACULTURAL EQUIP | 1,987 | 1,987 | 0 | |
| SNOW PLOW | 3,825 | 3,825 | 0 | |
| EQUIPMENT & SUPPLIES | 1,699 | 1,699 | 0 | |
| MACHINERY | 4,185 | 4,185 | 0 | |
| MACHINERY/WOOD CHIPPER | 7,000 | 7,000 | 0 | |
| MACHINERY & EQUIPMENT/WOOD CHIPPER | 3,000 | 3,000 | 0 | |
| EQUIPMENT | 6,406 | 6,406 | 0 | |
| PUMP MOTOR | 2,157 | 2,157 | 0 | |
| TELEPHONE ENTRY SYSTEM | 4,049 | 4,049 | 0 | |
| BROCK HOPPER BIN | 3,698 | 3,698 | 0 | |
| REFRIGERATOR 205 CROW HILL RD | 2,209 | 2,209 | 0 | |
| REFRIGERATOR 125 CROW HILL RD | 479 | 479 | 0 | |
| ONAN GENERATOR MODEL# 20GGMA + INSTALL. | 17,060 | 17,060 | 0 | |
| FENCE PROJECT | 18,150 | 18,150 | 0 | |
| ROTATING DRUM FILTER FOR AQUACULTURE | 6,500 | 6,500 | 0 | |
| FILTER FRAME SUPPORT (GP IRON) | 1,200 | 1,200 | 0 | |
| FILTER REBUILD (GRAINGER) | 1,438 | 1,266 | 172 | |
| EEL AQUAPONICS SYSTEM | 2,264 | 2,021 | 243 | |
| HYDROPONICS SYSTEM REBUILD | 1,993 | 1,139 | 854 | |
| GENERAC MODEL#GP17500E | 3,262 | 1,165 | 2,097 | |
| GREENHOUSE PANELS + LABOR | 19,979 | 18,647 | 1,332 | |
| DOLPHIN PUMP + WIRING | 1,518 | 1,076 | 442 | |
| BUILDING IMPROV | 1,655 | 829 | 826 | |
| BUILDINGS (SLAB FOR NEW BARN) | 23,624 | 9,921 | 13,703 | |
| BUILDINGS (COMPOST SLAB, NEW BARN) | 52,885 | 21,753 | 31,132 | |
| BUILDINGS (FORM WALLS ON SLAB) | 4,400 | 1,801 | 2,599 | |
| SHED FOR BOILER | 1,167 | 423 | 744 | |
| WASTE OIL BOILER | 7,475 | 2,853 | 4,622 | |
| BIOREACTOR | 2,769 | 1,056 | 1,713 | |
| BOILER & OIL TANK (275 GAL. OIL TANK & WEIL MCLAIN BOILER) | 8,800 | 2,991 | 5,809 | |
| OUTDOOR WOOD FURNACE | 8,533 | 2,443 | 6,090 | |
| GREENHOUSE BOILER | 10,079 | 2,864 | 7,215 | |
| PARTS/LABOR TO INSTALL WOOD BOILER | 4,878 | 1,355 | 3,523 | |
| PARTS/LABOR OFFICE BASEBOARD | 1,436 | 399 | 1,037 | |
| REZNOR BLOWER TYPE HEATER IN GH | 4,773 | 1,325 | 3,448 | |
| GREENHOUSE ROOF (BREAKROOM) | 3,800 | 283 | 3,517 | |
| LAND IMPROV/ROAD(VENDOR - OUTDOOR) | 13,772 | 13,772 | 0 | |
| LAND IMPROV/WELL (BOYD-DRILLING & WELL PUMP) | 17,335 | 17,335 | 0 | |
| LAND IMPROV/WELL | 8,122 | 6,541 | 1,581 | |
| IMPROVE DRAINAGE (LAWTON ADAMS) | 2,788 | 1,425 | 1,363 | |
| SUPPLY WATER & ELECTRICITY TO WATERSHED PROJECT | 5,319 | 2,572 | 2,747 | |
| WATERSHED PROJECT (OWNER PORTION) | 4,624 | 2,234 | 2,390 | |
| LAKE RESTORATION | 15,116 | 6,383 | 8,733 | |
| GREENHOUSE DRAINAGE PROJECT | 6,068 | 1,011 | 5,057 | |
| POWERWASHER | 1,377 | 539 | 838 | |
| ONE BREEDING RAM | 325 | 81 | 244 | |
| TWO SHETLAND BREEDING EWES | 600 | 80 | 520 | |
| BREEDING BOAR | 614 | 82 | 532 | |
| EXMARK MOWER | 7,200 | 0 | 7,200 | |
| PAVING | 15,000 | 750 | 14,250 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PORTFOLIO DEDUCTIONS KISCO TAX EXEMPT K-1 | 13,813 | 13,813 | 0 | 0 |
| ADVERTISING | 240 | 0 | 23 | 217 |
| LICENSES AND FEES | 3,905 | 0 | 368 | 3,537 |
| OFFICE EXPENSE | 3,336 | 0 | 314 | 3,022 |
| MEALS | 10,360 | 0 | 974 | 9,385 |
| TELEPHONE | 13,784 | 0 | 1,298 | 12,486 |
| SUPPLIES | 18,498 | 0 | 1,741 | 16,757 |
| MAINTENANCE AND REPAIRS | 24,794 | 0 | 2,334 | 22,460 |
| AUTO FARM EQUIPMENT | 24,578 | 0 | 2,314 | 22,264 |
| UTILITIES | 50,849 | 0 | 4,787 | 46,062 |
| INSURANCE | 48,148 | 0 | 4,532 | 43,616 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INVESTMENT INCOME FROM K-1 | 617 | 617 | 617 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| KATHY CALABRESE | 325 | 0 | 31 | 294 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES - THRU K-1 | 1,241 | 1,241 | 0 | 0 |
| FEDERAL TAX | 4,762 | 0 | 0 | 0 |
| PAYROLL TAXES | 38,055 | 0 | 3,582 | 34,473 |
| STATE TAX PAYMENT | 250 | 0 | 24 | 226 |