| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 16,875 | 8,438 | 0 | 8,437 |
| Category | Amount |
|---|---|
| NONE |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ALF CA HOLDINGS LLC | FMV | 257,763 | 257,763 |
| ALF HOLDINGS UT LC | FMV | 497,983 | 497,983 |
| PRMI EQUITY LOANS | FMV | 23,141 | 23,141 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 10,563 | 5,282 | 0 | 5,281 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 1,161 | 0 | 0 | 1,161 |
| HOA FEES | 6,600 | 6,600 | 0 | 0 |
| BANK FEES | 3,041 | 3,041 | 0 | 0 |
| RECORDING FEES | 210 | 210 | 0 | 0 |
| TITLE FEES | 1,083 | 1,083 | 0 | 0 |
| INSURANCE | 302 | 302 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ORIGINATION FEE INCOME | 140,989 | 140,989 | 0 |
| RECONVEYANCE FEE INCOME | 860 | 860 | 0 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| East Centennial Primary LLC | NONE | 2,750,000 | 2,513,476 | 2018-10 | 2028-10 | UNTIL COMPLETION, ALL INTEREST PAYMENTS CAPITALIZED INTO THE PRINCIPAL BALANCE OF THE NOTE | 300 % | DoT, AoR, SA and FF | construct office building | CASH | 2,513,476 |
| Lamont Jessup | NONE | 176,000 | 0 | 2022-03 | 2023-03 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Purchase Commerical property | CASH | 0 |
| Elder Commercial | NONE | 484,500 | 206,885 | 2022-02 | 2023-02 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Purchase Commerical property | CASH | 206,885 |
| Alex & Elise CC AZ | NONE | 350,000 | 66,410 | 2022-04 | 2023-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Construct House | CASH | 66,410 |
| ALF Holdings UT Howells | NONE | 775,000 | 775,000 | 2022-05 | 2025-05 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Business Loan | CASH | 775,000 |
| DAVID LANGFORD 425 S | NONE | 200,500 | 0 | 2022-08 | 2023-08 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| MEGAN TIMPSON | NONE | 178,000 | 0 | 2022-06 | 2023-06 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| Shawn Stubbs Zion Adventures | NONE | 428,500 | 420,287 | 2022-04 | 2027-06 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Business Loan | CASH | 420,287 |
| SUB UNIT 11B HURRICANE VIEWS | NONE | 332,500 | 0 | 2022-01 | 2023-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SUB UNIT 12A HURRICANE VIEWS | NONE | 312,500 | 0 | 2022-01 | 2023-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SUB UNIT 13A HURRICANE VIEWS | NONE | 312,500 | 319,357 | 2022-01 | 2023-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 319,357 |
| SUB UNIT 14A HURRICANE VIEWS | NONE | 312,500 | 0 | 2022-01 | 2023-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SUB UNIT 15B HURRICANE VIEWS | NONE | 332,500 | 0 | 2022-01 | 2023-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| Carole Jessop | NONE | 530,000 | 513,192 | 2023-05 | 2028-06 | 5 year note with balloon payment | 875 % | DOT | Business Loan | CASH | 513,192 |
| William Wright | NONE | 405,000 | 379,518 | 2023-01 | 2028-03 | 5 year note with balloon payment | 875 % | DOT | Business Loan | CASH | 379,518 |
| Cluff Drilling 5 yr note | NONE | 435,540 | 0 | 2023-10 | 2028-11 | 5 year note with balloon payment | 875 % | AZ UCC Filing | Business Loan | CASH | 0 |
| Derek James Bergstrom | NONE | 1,300,000 | 1,449,867 | 2023-01 | 2024-01 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | CASH | 1,449,867 | |
| ALF CA Holding Lot 90 Sale | NONE | 200,000 | 136,000 | 2023-10 | 2028-11 | 5 year note with balloon payment | 500 % | DoT | purchase raw land from ALF CA | CASH | 136,000 |
| ALF Cedar Cascade Holdings Phase 2 | NONE | 13,500,000 | 0 | 2022-09 | 2025-12 | 3 year note with balloon payment (did not start drawing on loan until 2023) | 800 % | DoT, AoR, SA and FF | construct apartment buildings | CASH | 0 |
| ALF Holdings UT Cottonwood Village | NONE | 9,000,000 | 9,444,335 | 2022-08 | 2025-12 | 4 year note with balloon payment (did not start drawing on loan until 2023) | 800 % | DoT, AoR, SA and FF | construct apartment buildings | CASH | 9,444,335 |
| Allen Zitting Land Stake LLC | NONE | 200,000 | 0 | 2023-03 | 2025-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Business Loan | CASH | 0 |
| Arvin Black | NONE | 400,000 | 373,575 | 2023-10 | 2024-11 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DoT | Construct House | CASH | 373,575 |
| Benzer Development | NONE | 102,875 | 0 | 2023-04 | 2024-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Business Loan | CASH | 0 |
| Nathan Jessop | NONE | 650,000 | 0 | 2023-05 | 2024-05 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| Reuben Wayman | NONE | 570,010 | 0 | 2023-09 | 2025-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SandsArc 80 W Black | NONE | 320,000 | 0 | 2023-06 | 2024-06 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SandsArc 80 W Johnson remodel | NONE | 141,000 | 0 | 2023-11 | 2024-11 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| SUB Lot 6005C | NONE | 300,000 | 0 | 2023-03 | 2024-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| Violet Fawn Wayman | NONE | 100,000 | 0 | 2023-08 | 2023-12 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 0 |
| Zayco LLC 85 W Warren | NONE | 550,000 | 594,569 | 2023-11 | 2024-12 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 594,569 |
| 285 North LLC | NONE | 100,000 | 70,064 | 2024-11 | 2025-11 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 70,064 |
| Jake HammonHammon Farms LLCIntegrity Contracting LLC | NONE | 300,000 | 287,937 | 2024-07 | 2025-08 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Business Loan | CASH | 287,937 |
| SandsArc Pioneer Street | NONE | 459,400 | 299,324 | 2024-07 | 2025-08 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 299,324 |
| Cluff Drilling | NONE | 450,000 | 444,368 | 2024-12 | 2030-12 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | AZ UCC FILING | Business Loan | CASH | 444,368 |
| William Wright (Hurricane) | NONE | 305,000 | 306,372 | 2024-06 | 2026-06 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 975 % | DOT | Business Loan | CASH | 306,372 |
| SUB Laverkin UT | NONE | 410,000 | 10,668 | 2024-11 | 2030-12 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 10,668 |
| Hart LLCBlake Hart | NONE | 1,630,000 | 244,485 | 2024-09 | 2025-09 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 244,485 |
| Sarah La Corti | NONE | 263,500 | 138,684 | 2024-04 | 2025-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 138,684 |
| Smith and Laura Timpson | NONE | 303,156 | 233,526 | 2024-09 | 2025-09 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 233,526 |
| Vickie Werner (bridge loan) | NONE | 414,884 | 414,884 | 2024-10 | 2025-11 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Bridge Loan | CASH | 414,884 |
| William Wright (2nd loan ALF AZ) | NONE | 155,000 | 154,839 | 2024-05 | 2025-06 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 975 % | 2ND LIEN D0T | Business Loan | CASH | 154,839 |
| Arthur F Hammon | NONE | 205,000 | 197,709 | 2024-08 | 2025-08 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 197,709 |
| Charles Hammon (bridge loan) | NONE | 65,000 | 64,967 | 2024-10 | 2026-04 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Bridge Loan | CASH | 64,967 |
| Andrea Dockstader | NONE | 350,000 | 322,778 | 2024-06 | 2025-07 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 322,778 |
| Michael Barlow | NONE | 320,000 | 136,044 | 2024-07 | 2025-08 | MO PAYMENT OF ACCR INT, ENTIRE BALACE | 875 % | DOT | Construct House | CASH | 136,044 |
| CLUFF DRILLING | NONE | 150,000 | 0 | 2024-03 | 2024-09 | ENTIRE BALANCE | 875 % | AZ UCC FILING | BUSINESS LOAN | CASH | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 11,445 | 11,445 | 0 | 0 |
| FEDERAL EXCISE TAX | 9,400 | 0 | 0 | 0 |
| STATE TAX | 800 | 0 | 0 | 0 |