| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| JIM GAY, CPA ACCOUNTING & TAX | 4,320 | |||
| Karen Jackson Bookkeeping | 23,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BLD IMP NEW ROOF FACE | 2009-11-01 | 115,553 | 32,963 | SL | 39.000000000000 | 2,963 | |||
| BLD IMP AIR CONDITIONERS | 2009-03-03 | 34,480 | 27,354 | 150DB | 15.000000000000 | 2,036 | |||
| BLD IMP ROOF-2010 | 2010-05-10 | 76,400 | 20,814 | SL | 39.000000000000 | 1,959 | |||
| BLD IMP AIR CONDITIONER-2010 | 2010-10-10 | 14,000 | 9,449 | SL | 15.000000000000 | 934 | |||
| BLD IMP REMODELING & SUBDIVIDING | 2011-12-31 | 198,659 | 46,058 | SL | 39.000000000000 | 5,094 | |||
| BLD IMP Buildout-Remax 574 Richie HWY | 2012-06-22 | 16,000 | 3,502 | SL | 39.000000000000 | 410 | |||
| BLD IMP 2013 NEW ROOF | 2013-11-09 | 94,970 | 17,349 | SL | 39.000000000000 | 2,435 | |||
| BLD IMP 2014 NEW ROOF | 2014-06-23 | 85,350 | 14,315 | SL | 39.000000000000 | 2,188 | |||
| BLD IMP PARKING LOT PAVING | 2014-06-15 | 42,739 | 21,288 | 150DB | 15.000000000000 | 2,524 | |||
| 1331 CITIZENS PKWY, MORROW, GA | 2015-12-31 | 200,000 | 18,745 | SL | 39.000000000000 | 2,324 | |||
| 3003 NORTON STREET | 2019-08-20 | 88,784 | 2,204 | SL | 39.000000000000 | 1,603 | |||
| 2455 OLD COVINGTON HWY | 2019-10-07 | 379,523 | 9,804 | SL | 39.000000000000 | 7,466 | |||
| BLD IMP MARYLAND | 2020-12-31 | 35,900 | 38 | SL | 39.000000000000 | 921 | |||
| INVESTORS WAY CAMDEN NC | 2020-06-30 | 75,693 | 1,051 | SL | 39.000000000000 | 1,449 | |||
| 827 Fairways Court | 2021-11-09 | 2,882,393 | SL | 39.000000000000 | 5,487 | ||||
| 2445 Old Covington Hwy | 2021-01-01 | 350,210 | SL | 39.000000000000 | 6,274 | ||||
| Land Lots WA - Land only | 2021-07-16 | 112,658 | SL | 0.000000000000 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1331 CITIZENS PKWY, MORROW, GA | 2015-12 | 2021-08 | 469,725 | 200,000 | 290,794 | 21,069 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| IMPROVEMENTS | 714,051 | 214,594 | 499,457 | |
| 3003 Norton St Texarkana | 88,784 | 3,807 | 84,977 | |
| 2455 Covington Hwy | 379,523 | 17,270 | 362,253 | |
| INVESTORS WAY CAMDEN NC | 75,693 | 2,500 | 73,193 | |
| 2445 Covington Hwy | 350,210 | 6,274 | 343,936 | |
| 827 FAIRWAYS COURT | 2,882,393 | 5,487 | 2,876,906 | |
| 120 W CURTIS ABERDEEN | 112,658 | 0 | 112,658 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Due from Tenants | 94,641 | 0 | 0 |
| Timing Adjustments | 0 | 0 | 0 |
| A/R | -3 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 26,500 | |||
| MAINT & REPAIRS | 70,743 | |||
| MANAGEMENT FEES | 247,105 | |||
| UTILITIES | 15,205 | |||
| ADVERTISING | ||||
| TELEPHONE | 794 | |||
| BOOKS, SUBSCRIPTIONS, REF. | ||||
| COMPUTER & INTERNET | 1,642 | |||
| SUPPLIES | 1,941 | |||
| BANK SERVICE CHARGES/FEES | 77 | |||
| SUPPORT EXPENSE | ||||
| POSTAGE | 384 | |||
| COLLECTION FEES | ||||
| BUS. REGISTRATION FEES | 136 | |||
| COMMISSIONS | 64,556 | |||
| LICENSES | ||||
| GIFTS | 3,081 | |||
| PRINTING | 11,598 | |||
| OFFICE | 40,561 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| M&T REWARDS | 617 |
| Description | Amount |
|---|---|
| Investment Gains | 416,340 |
| Adjustments for Change Prior Period | 95,786 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BAIRD INVESTMENT FEES | 11,460 | |||
| T.ROWEPRICE ENDOWMENT PRICE OUT | 8,356 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAX | ||||
| FOREIGN TAX PAID | ||||
| PROPERTY TAXES | 97,032 |