| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING AND EQUIPMENT | 896,317 | 448,082 | 448,235 | 448,235 |
| LAND | 164,178 | 0 | 164,178 | 164,178 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 267 | 0 | 0 | 267 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TENANT DEPOSITS HELD IN TRUST | 2,481 | 2,481 | |
| RESERVE FOR REPLACEMENTS | 20,032 | 20,032 | |
| ESCROW DEPOSITS | 5,599 | 5,599 | |
| RESIDUAL RECEIPTS RESERVE | 21,666 | 21,666 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 163 | 0 | 0 | 163 |
| OFFICE EXPENSE | 4,625 | 0 | 0 | 4,625 |
| INSURANCE | 6,021 | 0 | 0 | 6,021 |
| CONTRACT SERVICE | 28,823 | 0 | 0 | 28,823 |
| REPAIRS & MAINT | 25,834 | 0 | 0 | 25,834 |
| MISC EXP | 28,517 | 0 | 0 | 28,517 |
| BAD DEBT EXPENSE | 781 | 0 | 0 | 781 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LOW INCOME HOUSING RENTAL | 31,231 | 31,231 | |
| MISC. REVENUE | 8 | 8 | |
| TENANT CHARGES | 975 | 975 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 141 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| TENANT SECURITY DEPOSIT | 1,982 | 2,463 |
| NOTE PAYABLE - RELATED PARTY | 18,000 | 18,000 |
| ACCOUNTS PAYABLE - ENTITY LONG TERM | 55,801 | 55,801 |
| RESIDUAL RECEIPTS LIABILITY | 0 | 19,666 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 4,319 | 0 | 0 | 4,319 |