| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FH FEES | 21,589 | 10,795 | 10,794 |
| 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 |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB | 5,574,923 | 5,635,607 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALPHA KEYS KKR ENERGY INC | AT COST | 345,995 | |
| BRIGHTWATER HOLDINGS SERIES D | AT COST | 143,589 | |
| CHG-MF LLC | AT COST | 83,206 | |
| CHG-COINVESTMENT LLC | AT COST | 679,993 | |
| CHG-BLACKBIRD LLC | AT COST | 533,559 | |
| CHG-GRANARY LLC | AT COST | 80,109 | |
| CHG-NEWBERRY LLC | AT COST | 57,481 | |
| HKI BRIGHTSOURCE LLC | AT COST | 174,263 | |
| CHG - COINVESTMENT II LLC | AT COST | 1,575,191 | |
| CHG - OET LLC | AT COST | 152,599 | |
| CHG - SG LLC | AT COST | 531,928 | |
| CHG - SN LLC | AT COST | 419,249 | |
| CHG - CREDIT LLC | AT COST | 1,667,295 | |
| CHG - MF II LLC | AT COST | 98,230 | |
| CHG - CASTILIAN LLC | AT COST | 603,073 | |
| CHG - COINVESTMENT III LLC | AT COST | 1,155,469 | |
| CHG - GC LLC | AT COST | 1,101,776 | |
| CHG - LF I LLC | AT COST | 924,199 | |
| CHG - BLACKBIRD II LLC | AT COST | 1,194,803 | |
| CHG - PEARLMARK LLC | AT COST | 321,351 | |
| HKI HG CO-INVESTMENT | AT COST | 1,899 | |
| WINONA CO-OP | AT COST | 10,000 | |
| CHG-BIG | AT COST | 89,874 | |
| CHG-COINVESTMENT IV LLC | AT COST | 92,416 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 49,581 | 24,790 | 24,791 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM SPECIAL CREDIT OPPS | 16,546 | 0 | 0 |
| SECURITY DEPOSIT - 102 WALNUT | 990 | 990 | 990 |
| DUE FROM AFFILIATES | 3,677 | 0 | 0 |
| DUE FROM CHG NEWBERRY | 0 | 30,079 | 30,079 |
| Description | Amount |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS | 0 |
| FOR STOCK DONATED TO THE FOUNDATION | 495,895 |
| PRIOR PERIOD ADJUSTMENT | 3,736 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 10,614 | 5,307 | 5,307 | |
| NONDEDUCTIBLE EXPENSES | 3,711 | |||
| PARTNERSHIP EXPENSES | 203,112 | 187,899 | 234 | |
| BANK SERVICES CHARGES | 1,576 | 788 | 788 | |
| TRAVEL EXPENSE | 15,231 | 6,783 | 6,782 | |
| RENT EXPENSE | 12,020 | 6,010 | 6,010 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LESS AMOUNT REPORTED ON 990-T | -110,830 | ||
| PARTNERSHIP INCOME/LOSS | 126,168 | 126,168 | |
| OTHER INCOME | 6 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOCUPLETO II - AI, LLC | 95,048 | 90,548 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEE | 132,142 | 132,142 |
| Name | Address |
|---|---|
| HAROLD HAPPEL REV TRUST |
1666 VALLEY VIEW DRIVE WINONA,MN55987 |
| HAROLD HAPPEL REV TRUST |
1666 VALLEY VIEW DRIVE WINONA,MN55987 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 135,329 | |||
| STATE TAXES | 34,232 | 3,172 | ||
| FOREIGN TAXES | 3,927 | 3,927 | ||
| PAYROLL TAXES | 6,546 | 6,546 |