| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT & ACCOUNTING FEES | 10,475 | 0 | 524 | 3,675 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND IMPROVEMENTS | 2021-12-31 | 169,643 | 163,361 | 150DB | 15.000000000000 | 1,192 | 0 | 1,192 | |
| BUILDINGS | 2021-12-31 | 6,932,415 | 1,592,577 | SL | 39.000000000000 | 203,607 | 0 | 203,607 | |
| PY ASSETS | 2022-12-31 | 1,467,421 | 361,692 | 200DB | 7.000000000000 | 2,497 | 0 | 2,497 | |
| CY NON-DEPRECIABLE ASSETS | 2023-12-31 | 277,744 | L | 0 | 0 | 0 | |||
| PY NON-DEPRECIABLE ASSETS | 2022-12-31 | 2,065,695 | L | 0 | 0 | 0 | |||
| CAMERAS | 2023-03-01 | 20,684 | 200DB | 7.000000000000 | 17,138 | 0 | 2,462 | ||
| ACCESS POINTS | 2023-05-02 | 9,562 | 200DB | 5.000000000000 | 8,032 | 0 | 1,275 | ||
| TRANE HVAC AUTOMATION CONTROLS | 2023-05-24 | 16,583 | 200DB | 7.000000000000 | 13,740 | 0 | 1,382 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M COMPANY | 1,191,588 | 1,191,588 |
| ABBVIE INC | 216,958 | 216,958 |
| APPLE | 2,753,179 | 2,753,179 |
| AT&T | 503,400 | 503,400 |
| CHEVRON | 1,715,340 | 1,715,340 |
| CONOCOPHILLIPS | 1,891,941 | 1,891,941 |
| CONSOLIDATED EDISON HOLDING CO | 300,201 | 300,201 |
| CUMMINS | 383,312 | 383,312 |
| GOLDMAN SACHS GROUP INC COM | 501,501 | 501,501 |
| GRAINGER WW | 165,738 | 165,738 |
| HOLLY FRONTIER | 1,500,390 | 1,500,390 |
| INTEL | 753,750 | 753,750 |
| INTERNATIONAL BUSINESS MACHINES | 507,005 | 507,005 |
| IOWA 80 GROUP | 2,255,798 | 2,255,798 |
| JPMORGAN CHASE & CO | 425,250 | 425,250 |
| KINDER MORGAN | 1,252,440 | 1,252,440 |
| LOCKHEED MARTIN | 498,564 | 498,564 |
| NEXTERA ENERGY INC | 121,480 | 121,480 |
| NUCOR CORP | 191,444 | 191,444 |
| ONEOK | 2,457,700 | 2,457,700 |
| OTTER TRAIL CORP | 42,485 | 42,485 |
| PACCAR | 537,075 | 537,075 |
| PFIZER INC | 143,950 | 143,950 |
| POLARIS INDS | 559,143 | 559,143 |
| PRUDENTIAL FINANCIAL | 311,130 | 311,130 |
| UNITED POSTAL SERVICE INC | 518,859 | 518,859 |
| VERIZON COMMUNICATIONS | 1,017,900 | 1,017,900 |
| WALGREENS BOOTS ALLIANCE | 496,090 | 496,090 |
| WALMART STORES | 788,250 | 788,250 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 616,000 | 0 | 616,000 | 616,000 |
| LAND IMPROVEMENTS | 169,643 | 164,553 | 5,090 | 5,090 |
| BUILDING | 7,940,680 | 1,794,247 | 6,146,433 | 6,146,433 |
| TRUCKSTOP EQUIPMENT | 49,352 | 49,352 | 0 | |
| OFFICE EQUIPMENT | 69,171 | 28,123 | 41,048 | 41,048 |
| FURNITURE & FIXTURES | 339,398 | 264,884 | 74,514 | 74,514 |
| NON-DEPRECIABLE ANTIQUES | 1,745,362 | 0 | 1,745,362 | 1,745,362 |
| NON-DEPRECIABLE DECOR | 456,062 | 0 | 456,062 | 456,062 |
| ANTIQUE TRUCK RESTORATIONS IN PROGRESS | 264,479 | 0 | 264,479 | 264,480 |
| SOFTWARE | 48,065 | 48,065 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING & PROMOTION | 40,949 | 0 | 2,047 | 38,902 |
| CASH OVER AND SHORT | -9 | 0 | -1 | -8 |
| COMPUTER SUPPORT FEES | 2,012 | 0 | 101 | 1,911 |
| CONTRIBUTED MANAGEMENT SERVICES | 39,847 | 0 | 1,992 | 37,855 |
| DIRECT EXPENSES FROM SPECIAL FUNDRAISING EVENTS | 24,764 | 0 | 24,764 | 0 |
| DUES & LICENSES | 1,558 | 0 | 78 | 1,480 |
| EQUIPMENT RENTAL - LEASED | 473 | 0 | 24 | 449 |
| EXCESS EXPENSES OF SPECIAL FUNDRAISING EVENT | 0 | 0 | -13,964 | 13,964 |
| EXCESS RELATED ACTIVITY EXPENSES | 0 | 0 | -24,169 | 24,169 |
| INSURANCE | 39,530 | 0 | 1,977 | 37,553 |
| MEMBERSHIP | 599 | 0 | 30 | 569 |
| REPAIRS & MAINTENANCE | 24,320 | 0 | 1,216 | 23,104 |
| SECURITY | 1,066 | 0 | 53 | 1,013 |
| SUPPLIES | 5,518 | 0 | 276 | 5,242 |
| UNIFORMS & DRUG TESTING | 172 | 0 | 9 | 163 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 71 | 71 | |
| SALE OF 1979 JEEP MODEL J-10 | 295 | 295 | |
| GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS | 10,800 | 10,800 |
| Description | Amount |
|---|---|
| CHANGE OF UNREALIZED GAIN/LOSS ON INVESTMENTS | 1,580,657 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 8,171 | 0 | 6,537 | 1,634 |
| FEDERAL EXCISE TAX (990-PF) | 54,760 | 0 | 0 | 75,000 |
| PROPERTY TAXES | 698 | 0 | 35 | 663 |