| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL PROCESSING FEES | 878 | 878 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| LOT SALE | 2013-12 | PURCHASE | 2024-11 |
MOUNTAIN PROJECTS |
34,500 | 34,500 |
| Item No. | 1 |
|---|---|
| Lender's Name | RICHARD BATES |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 40000 |
| Balance Due | 40000 |
| Date of Note | 2020-09 |
| Maturity Date | |
| Repayment Terms | DEMAND |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | NONPROFIT ACTIVITY |
| Description of Lender Consideration | CASH |
| Consideration FMV | 40000 |
| Item No. | 2 |
|---|---|
| Lender's Name | RICHARD BATES |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 23240 |
| Balance Due | 23240 |
| Date of Note | 2022-12 |
| Maturity Date | |
| Repayment Terms | DEMAND |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | NONPROFIT ACTIVITY |
| Description of Lender Consideration | CASH |
| Consideration FMV | 23240 |
| Item No. | 3 |
|---|---|
| Lender's Name | RICHARD BATES |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 17270 |
| Balance Due | 17270 |
| Date of Note | 2024-12 |
| Maturity Date | |
| Repayment Terms | DEMAND |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | NONPROFIT ACTIVITY |
| Description of Lender Consideration | CASH |
| Consideration FMV | 17270 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOANS RECEIVABLE - VARIOUS | 21,997 | 21,997 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK SERVICE CHARGES | 234 | 234 | ||
| BETHEL PROPERTY MAINTENANCE | 8,688 | 8,688 | ||
| MEALS/PANTRY | 5,497 | 5,497 | ||
| MEDICAL INSURANCE GRANTS | 24,207 | 24,207 | ||
| OFFICE EXPENSE | 8,787 | 8,787 | ||
| PEST CONTROL | 380 | 380 | ||
| SECURITY SYSTEM | 2,907 | 2,907 | ||
| SPONSORSHIPS | 2,000 | 2,000 | ||
| TELEPHONE | 1,158 | 1,158 | ||
| CONSULTING | 1,792 | 1,792 | ||
| PROGRAM EVENT EXPENSES | 54,677 | 54,677 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM MORTGAGE INTEREST | 21,037 | 21,037 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 48 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
LOAN RECEIVABLE - COLDWELL |
84,398 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 9,261 | 9,261 |